I think in one point every trader lose money. Every trader has to embrace the taste of failure. It may be small or big. But it is to taste every one. It's the failure that teaches the secret of Forex trading. As the poverb goes Failure is the pillar of success. It is through the mistakes a veteran trader born. Usually people fails because they ignore the psychological aspects of trading. It also happened to me. XeroMarkets broker's tutorial on forex psychology helped me a lot.