Many newborn traders have always made these types of great missteps all they just wanted was to flex without hard work and I guess it doesn’t function like that.
From the little time I have been in the trader’s world knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success before flexing that the the most important thing,
Many newborn traders today do want quick capital and it doesn’t work like that I think one can not just get a land today and complete a building in just a day it is unimaginable you have to start it little by little that is how it has to been done….. I will advise newborns Money should not be what newborns think right now
It's true but it's useless because you can't teach someone if they are not willing to learn. Those who get into the industry just intending to earn money but have no intention to learn about it first will have to suffer in the long run. Even if every one tells them to learn first and then try to earn using their knowledge, they will always ignore what is being said and they will do what they think is right even if they are doing things the wrong way.
On the contrary, those who are genuine with what they do and are wise enough to understand that learning is the first step to success in anything you do in this world, you don't need to keep reminding such people about the importance of knowledge and the power it carries because they would already know about it.
As we know in economic terms or money, that money will come to those who have knowledge and abilities, including in this industry, it is the same in my opinion, and as in principle we need to learn to have knowledge and abilities which means we must understand the learning process that takes time until we can have the ability to benefit from this trading industry, wisdom comes from mature and calm thinking, besides that mentality also has a very big influence in trading.
Yes, never rush in any industry to make a profit, everything needs a process and strategy that we must gain from knowledge, experience and skills.