This is true, though it is a great way to make money but it is also an easy way to loose money as well. Speaking form experience, I have made some losses before simply because I did not gain the right knowledge, for you to succeed in forex trading, it takes time.Not everyone will succeed in forex trading and of course a lot of people has lost big amount of money on forex trading. The reason being that they don't have a working strategy and are not mastered before venturing into it.