Forex is a technical trading system so a better knowledge is needed for trading here. To gather a better idea regarding the market a trader need to brows several web sites and he needs to study with e-book and web academy of brokers. He should practice a lot to make his trading easy and fluent. This he can reduce his trading loss. I always study with the e-book, Forex glossary and video tutorial of Trade12 broker because it gives me a vast of knowledge.