Yes, you are more correct than most here.
Greed and impatience to make as much money as possible is the downfall of all those very dead Newbies & Wannabe Traders littering the forex highway.
Treat trading the forex (or stock/whatever) market as an investment with proper planning, management, and strategies. Approach it like you would like getting (and investing) in education, project, business, and any endeavors.
Unfortunately, vast majority of Newbies & Wannabe Traders are an impatient lot and come into the market to plonk all their money on either "black" or "red" with a prayer and a wish....and a lot of them just latch onto the worst possible brokers around with absolutely no idea about these scumbag brokers.
Like babies growing up, it's a learning process and most times we can only guide them but unable to prevent them from doing what they do in their learning process.
Completely agree. They aren't successful after 3 months and then get impatient then this creeps into their decision making. Im over 18 months and still learning its so tough to explain that it takes time to newbies