To succeed, you have to approach trading as a full time or part time business - not as a job or a hobby. As a pastime in which there are no real desire to learn are created, the trade can be very costly. As a job, it can be frustrating, because there is no regular salary. Trading is a business, and taxes, losses, incurs expenses, insecurity, stress and risk. As a forex trader, you are essentially a small businessman and the need to investigate and develop strategies to maximize the potential of your business.