I am of the opinion that beginners should get less overconfident and try to understand the market and develop a trading system.
That’s the best thing as a beginners in the trading, having a less confident and understanding how the market works is very important, because there’s a lot of people’s that beginners that they would just introduce themselves into the trading but they don’t how to monitoring the markets; and that’s why most people lose when ever they come to trade.
Beginners should equally know that loosing trades is still part of the win if you know the reason for the loss. Some one once said anyone who thinks trading is easy has just been trading for 5 minutes.
Knowing the risks that is involved in trading is the very important, because once a trader’s have experience on the losing in the it will be very hard for you to lose much amount of money in the trading base how long you take time and make an good research about the risks that are involved.