Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.
How will you start trading, and you're going to be expecting profits immediately? That’s wrong now, most people who will have this mindset are the ones that don’t really have interest in trading, and they are being forced by people to trade. Maybe they joined a trading signal provider group, and they are assured they will never lose if they follow their signal, so when someone like that enters the first trade, they will have the belief that they are going to win immediately because the person has been brainwashed already.
I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding.
Everyone’s main aim in trading is to make money, but you can’t just start trading instantly and you will be making money, it’s not possible. When anyone starts trading, they should always expect loss. That’s why I do recommend newbies not to trade with all the amount that they allocate for trading, they should just use a little amount because there are high chances that they will lose it.
It is better to go slow with trading and be consistent as beginner than to be very fast.
Even as a professional trader, it’s better you go slowly, it’s not applicable to only newbies alone. If you are in a rush to make money, sometimes you might end up getting things wrong.