Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?
If a person plans trading for a get rich quick scheme then I would say it is totally wrong. Because trading will never get you rich quick, making money requires a long period of time which is not possible with trading. Investing is the best, and profitable as compared to trading which can give you good profits. Trading is risky when the market starts to be volatile and you are more likely to lose your money. That's why stay away from trading business don't lose your money rather you invest for long term it will give you profit and less risk.