When you start, you would already have so much forex knowledge in your mind that you wish to try in the live market. This excitement often leads to opening too many trading positions at once, using high leverage, and even stopping you from analysing ...
Start with the basics. Check babypips, investopedia, youtube, and the balance for basic forex education. A broker’s demo account for practice would help you improve your concepts practically.
From greed, lack of education, poor trading skills to no risk management, there are many reasons why traders fail. But most of them fail because of greed.