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Institutional investors get better price than the retail trader as he has to pay the mid price as well. transaction cost are very less for institutional traders.

There is no such thing as a free lunch.

Reasons of being failure in the trading world could be manifold. some of the common reasons which are likely to make traders fail are poor trading plan, poor risk management, lack of patience, greed, over trading, indiscipline etc. Forex is not everyone's cup of tea, very few traders are able...

Agree with you if trading was so easy then everyone would have become millionaire.

To be successful the very first thing which you should fix in your mind is that it is not going to happen very soon so you have to be patient enough with consistent efforts.

keep watch on economic events of US and EU nations and statement from officials of ECB and FED are also very important.

I think back testing is a wise idea and there is no harm in doing that. even most experienced traders do that before applying their strategies in their live account.

Do you still think that there is any secret which can make you successful in trading if you came to know about that??