yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd, it will make them depressed so they cut lose even though they are still far from invalidation position
Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.
A lot of us believe that newbies should not be trading if they think they are not capable enough. But we all know how greedy and aggressive newbies these days so instead to stopping them from trading, why not just guide them in their trading journey. It’s okay to lose since beginners are still susceptible to losses, but with thorough experience in trading, I believe in the long run they will also learn from their mistakes and losses and become reputable traders in the making.