Not a beginner myself, but i think newbie traders could do with sitting down in front of a screen and understanding price action - despite what the industry tells you. When you're more advanced / intermediate, can stay away from screens. Also, risk management is something a lot of retail traders struggle with massively e.g. where to put stops.
When I had begun, the biggest issue used to be the right entry/exit of my trades. I used to lack that focus somewhere and handling emotions used to put me off track. But yeah, practice does help one getting out of such issues.
could not agree with you more antradingfx. the most important thing in trading is a clear risk management structure, that gives you a clear idea of what your daily loss should be and from that amount, you can structure the size of your risk and then plan the entry and exit levels.... most Retail trader do NOT understand risk or the risk they are taking, nor do they understand that a trade is planned before you even have risk.... as that way your account survives even the odd bad day... and you are around to fight another day, as we all lose at times but it has to be in sync with the account.... if you get that part right.. thats already a great first step
The big problem fo the beginner : not facing the truth ; that's why it is very important to track your results with some software or website, so you can see FOR REAL how you are actually performing -and eventually improve if needed.
That depends on what you want FX trading to be for you.... if you want to make money on a sustainable basis , you have no other choice than to learn it all... easiest way to look at it is... look at it as if it were your job (for some people, including myself it is my job) but what i mean is.... if you want to be good in something.. you got to learn all there is to learn to really reach your potential... as anything less, makes little sense unless you say it is just a hobby and if you lose small deposits you not bothered but that would be an odd starting point
I think that the main problem is not feeling knowledgeable enough when you are first starting out. You feel unsure and somewhat uneasy as even though you tried to read and understand what is going on, you are still new to it all. There is also that sense of insecurity that may impact your decision from being rational. That is why it is best to start off with a demo account.