A good strategy can make you go to the level of making money from bad bad accounts to a very good account, forex can help you make lots of money with a good strategy. a lot of money cannot guarantee you that you will be a good trader and you can always ensure that you understand all this. and it is very difficult to trade without the right practice at first. Another major cause of loss is due to improper decisions and emotions. Emotions cause losses in forex trading. A trader must be aware of this fact and try to get rid of emotions when trading. As traders, we must also try to make the right decisions and trade according to the plan.