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.
I agree with above mentioned 5 tips but I also want to added here that mostly people failing in this business due to using of big lot size, I would like to give suggestion all the newcomers that they should use the small lot size and should trade with small profit target in order to prevent from the terrible situation, hope all the newbie should trade positively in order to earn from this business.