To navigate these dangers, traders must educate themselves, practice sound risk management, and exercise discipline in their trading activities.
it's all good insight and warning for beginners looking to start trading. but it can also make novice traders afraid to start their trading. maybe you would be more careful. but it can also give fear to beginners who actually get doubts due to their lack of experience to start with.
because not all novice traders will understand the risk management of the trades they make. Indeed, it would be better for novice traders to have a mentor who directs their initial trading with strategies that they can understand.
Trading without experience can never be successful.So those who want to do trading or want to be experienced in this matter must have a lot of patience and time to take advice from experienced so that trading can be learned.There are many people who jump into trading and start trading without understanding anything, due to which they end up with losses.There are different types of trading such as futures trading, spot trading, binary trading and many more.