1. If you dont have much capital, forex is the ideal form of investment.
2. If you have too little capital, youd better not trade at all.
3. Love the market (one forex tip that says it all)
4. Very important forex tip: trading at high level requires a good knowledge of the market.
Not even the best trader in the market gains all the time.
5. Forex market is extremely volatile. For this reason, timing is essential: knowing when to start, stop or pause is a crucial to gain money with forex.
all you pointed above is very good and all the newbie should must follow it but you dont need to take the high risk and always try to stay away to open a big lots and always strickly follow the money management system this way you can keep your investment safe.