Forex is very long term business and it is very difficult business.So all newbie traders invest more time and more practice.Because practice is very need for any business and practice makes a perfect trader.You probably wont get the chance of learning everything so you must concentrate to learn at-least those which is necessary to make consistent profit!are you short-term or long-term trader, setting a stop loss is a good strategy to check the amount of loss, its very important to limit the losses for we a seeking good profits, I just do an in depth analysis and than open a trade.Which hits tp in 2-4 hrs and become free to enjoy.