we cannot do any business without business knowledge and facts, so forex is not a different case, but here the learning curve must be more and far above other businesses because without proper training you can lose faster than losing on the another business and this is why so many people lose a lot of money in a short time, because they think they can get rich very quickly and go straight into a live account after only 1 week of trading demo. they thought if they could profit in a week-long demo trade, they already knew everything.