I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Start trading just because someone told you that it is profitable without researching or planning is very unwise. You're basically giving free money away. Good thing that you learned the lesson, even though in the hard way. Trading has odds and risks that you need to defeat by studying the market and it should not be done just one overnight. Observations is the key before you start to test the waters. Do not attempt to jump without knowing how deep or else you will plummet to failure and loss.