To be frank as a newbie or anyone avoid trading especially trading with Leverage. I know there are many Nigerians trading either stock, forex or crypto and its sometimes tempting when they say the figure they make but we usually fail to consider the figure they lost.
This year suppose to be open eye for everyone say na HODLers dey gain m, just see how market dey behave since january though we dey bull season but any small dip you go see news about hundreds millions way traders don lost from leverage while the HODLers dey continue to make profit, traders dey get wins and lost. If you try calculate the total money way don lost for leverage this year you go see say the money don reach billions. JUST HODL
You're right trading has a high level of risk and it also requires enough knowledge, and it takes a lot of time before you can learn about how trading works. the reason why I always avoid trading is because there's no guarantee about what will be the outcome, most people only profit from trading only when luck is on their side. that is why I don't always look at trading and I can't advice newbies like me to go into trading, due to the high level of risk that is involved in trading, even if you use the whole strategy in trading definitely you will still lose there's nothing like expert in trading even those who claims to be an expert traders yet they still experience lose in trading, so I rather HODL instead of wasting my money in trading.