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?
Trading is risky and there is no disputing the fact, it only looks easy from none traders perspectives, they'd jump into it and think that it's buy and wait for price to dump then sale, they'll start trading and before long, they'll lose all their trading capitals. I now somebody that jumped into trading without adequate knowledge, just because he heard on a social media platform, where they teach crypto trading and how to start, anyway he lost a lot of money and is now branding crypto trading a scam.
Newbies must learn and equip themselves with the correct knowledge of trading, diligently learn the fundamental and technical analysis, how they apply in trading, including tips on trading behaviors, like being disciplined, avoid being emotional, patience and not being greedy, knowing when to enter and exit.