Quote from: MFahad on Today at 07:52:05 PM

Quote from: Dailyscript on Today at 06:52:06 PM

I believe the OP indirectly wants to know if it is risky for a beginner to trade. But there is not road to riches that there wont be any form of risk and sacrifice. There is always a start from a newbies and soon they will reach there. What should be more important is how will they be able to control their emotions during this growing stage. Of course there will be loss and wins which will cost them to either start over or fall down to some middle part.

First of all, though I understand your reference, trading is no road to riches and a lot of newbies often have this misconception thinking that they can earn a lot of money in no time from this industry which isn't true and people who manage to do that are either lucky or already have very high capital to begin with because the amount of profit you can make from this industry depends on how large your capital is.

Trading and newbies is an unending debate, however, the main discussion about it is that when a newbie gets into trading, their first step should be to acquire enough knowledge about the market so that they don't face problems when they involve finances.

Once you do have that kind that misconception then you are really that making yourself that bound to failure. Well, this is something that commonly happen into those who are just new and been just hyped up to make or learn trades just because they've seen someone who do make out huge profits online. One of the most common scenario that we do have on here is that on the time that you've seen those big profits
then you would really be having in mind that you could eventually be able to do it. On the time that you have started your trading journey then you would really be having impressions as a noob that
you could be able to do it in one day until loses would really be experienced.

They wont really be able to learn not until they would really be able to experience for themselves the bitter ones here on crypto trading world. They cant really be able to learn
up things if they wont really be able to experience it out. Cheesy