Yes you are right.Everyday newbies are comes in this market and day by day day are leave from this market bacause they fall in all .Its main reason is lack of knowledge.But some of trader are success because they follow the news and practice many times before the join real account.There are only 10% of success newbies trader.They success on his trying best.So i think Every newbies become a successful trader if he practice and know forex better.