When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Same here but the only difference in our journey is I started to try it only with small amount,
I never put a huge amount in anything unless I am sure of my skill and I know the basics.
Money management in trading is very very important and one should really focus on this skill before putting in big money. Yes, normally people invest away little money first to develop some skills and later on increase the amount of the money in the investment is increased.
Right now, the market has a big gap for little money investment and this is the best time to do again the same thing but in big amount.