Exactly and one of the biggest mistake most beginner make is jumping into trading without understanding how this thing work and it’s annoying expecially those people who come in expecting instant profits their is more annoying even though yes everybody indulged in trading to make profit but then what I keep saying is having a basic understanding about it first thats the most important thing. I do advice any new beginner i know to always start with a small amount of capital because that’s the best option.
Starting small is still not the first thing they should do, when you are giving an advice to a beginner, make sure you tell them to prioritize learning over making money because without knowledge they won't make a penny, and even worst, they are going to lose whatever they use in the market. I don't know why some people don't get a simple thing which be a part of our common sense that learning is the first step for anything, and that if we bypass this step, we are going to face problems in the journey ahead, and we still go ahead and ignore this only to increase our problems and then eventually blame either the market or our destiny for everything.
I know and believe that if we are destined to lose money, we will lose money, but we should at least try and follow the right path and that might change, or we can at least lessen our losses if we are actually destined to lose. When you know that you are walking right into a well and you will fall if you keep walking towards it, you should stop and change your way instead of saying that if you are not destined to fall, you won't, because that's foolish.
