A lot of people seems to be making a particular mistake when trading on forex, although I don't have a lot of experience but I sure do have a lot of ideas. Taking High Risk/Not Having Good Money management, money management should be the first thing to consider if you have ever dream of becoming a successful trader , most traders chase the profit instead of controlling the risk, when you use a proper money management trading plan even when you are making some mistakes in the market you tend to have chances of correcting yourself till you are able to get to the right channel