In the Forex trading business, you will not survive if you do not have proper education. It is not about how much money do you have. It is about the knowledge that you have in your mind. Being a successful trader requires a lot of knowledge and skills. Trading requires constant research, evaluation and discipline.
Because a lot of newbie traders thinks it easy to earn a lot of money via Forex. But you have to be patient, time to time search new strategies and test it in demo account. Of course, succes is affected by the conditions of the broker. Also I definteley agree with Jim Tatums Post about people wanted to trading in Forex as a part-time.