It’s funny sometimes when a newbie who is still supposed to learn decides to trade. Because of this, most people lose money repeatedly without gaining anything, and they don’t realise that they are the ones messing up with their funds, thinking that that is how it works and they will get profit as time goes on, which is not the case. We all know losing is something natural in trading because as far as we will trade, we must lose money. Therefore, to minimize these risks, we need to learn every aspect that will prevent us from losing too much.

However, newbies start getting frustrated because they don’t have the knowledge to think that there is something lucky like gambling, so they start chasing their losses, which will result in more losses because they will be unable to control their emotions anytime they want to trade. This is one of the most important things a trader needs to be aware of.