Practice is the most inmportant factor to acheieve success in forex trading. But most the newbies prefer to traderight away than get bored in trading in demo account. I really do not know why they get bored in demo account but i guss they are thinking that they are wasting opportunity. What they don't know is that if they do trade in real account right away they will end up losing more money. So do not trade with real account straight away and before it must trade with demo account to practice and for gaining experience.

So true - the starting point should always be on a demo account as you can trade in a safe way and yet still get a good idea of what it is all about. I agree with what you said that many beginners start on the wrong foot if they do not spend some time on a demo account before going to real trading.

In the simplest terms, Forex is a market where traders buy and sell currencies. But what you might not know is how to get started.

The following five tips should help take care of that:

1) Find an online broker and open an account

2) Learn the basics of how currency trading works

3) Study some basic charting techniques

4) Pick which type of trader you will be- swing trader or day trader

5) Take some risks!