Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.
Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
Being a risk taker doesn't benefit you all the time, but being flexible is really good. If you know to yourself that the trade your doing is good then go for it. But then if you feel like it ain't gonna do good, don't ever risk it.
Since that you said yourself that you are newbie does being a risk taker will bring you more knowledge? I sincerely suggest instead of being risk taker why not just instead learn the market ? Become more knowledgeable in trading. That'll benefit you more.
But in order to earn profits then you should need to take risk but its true that you should assess the risk level before you do dive in and shouldnt really make out rush decisions because this could result into disaster of
your funds. Trading is never been a joke thing and failing is part of it but majority of people do see it as a negative which it is but lets go to the brighter side that these fails and errors do really make you learn
overtime.Im not saying that you should continue on failing but try out to minimize as possible on which this would really make you a better trader or investor soon.
Just dont rush up and just do on what you do seem is right on different market conditions or situations.