The lesson we learn from trading experience and articles we read are quite different, though the lesson from both are very important in trading but the mistakes of some beginners, they get much confidence in trading after learning only from books.
Experience gives the best lessons to traders, which beginners should never be in haste or be so confidence to trade with big amount of money by only gaining knowledge from reading books about trading.
It is very paramount for all beginners trader to only start trading will little amount, an amount they can willingly lose and not feel uncomfortable about it that it will go to the extent of affecting their trading psychology. The beginners should prioritise their trading experience after learning from books. It does not look the same like what they saw in the book. After learning from books, articles, YouTube videos, it is just their first step towards the journey of trading, the actual understanding of the market, the risk management part, the psychology part are all in the experience and if they don’t get that experience, their trading journey is yet to be called satisfactory because they’ll always be on the losing end of the market. Trading is good and profitable but only if you’ve hacked the trend of the market.