Newbies are underestimating the trading world making them being over confident that they have already known what they supoosed to know after learning the basics and are putting their money in line having them all out without prior planning on how they will manage on handling their funds properly and as a result instead of gaining profits, what they gain is losses on their trading. Newbies do also lack of patience as well as experience making them having a hard time as well.
And this is what I do not understand, many newbies are using their savings to trade the markets and if they lose their money then they are going to face some difficult consequences at home and even then they do not take the time to study the markets because they think they are going to make some really easy money and this could not be further from the truth, so I am always wondering what are they thinking? As by not studying the markets they are guaranteeing they will never make any money in them.