Id say as someone just getting started, its better not to mess with leverage trading. That can make your wins bigger but your losses too. Its real easy to get over your head. Just keep it simple early on and dont try predicting every up and down.
The main thing is learning the fundamentals. There are plenty of resources available online, such as books, courses, and YouTube channels. What worked for me was following some veteran traders on social media and learn from their insights.
Your statement is absolutely correct and I agree with you.Especially when one is new to trading, the risk of using leverage is extremely high. Leverage offers the opportunity to make big profits or losses with small capital, but it can also cause very quick losses.So it is most important to learn the basics of trading first.
As much as possible, in the beginning one should practice with small trades and make decisions by understanding the fundamentals of the market.It is good to learn trend, volume, and fundamental analysis as they help a new trader to make future decisions and reduce risk. Another important aspect is to follow experienced traders and learn from their experience.Social media, YouTube channels, or trading forums offer new ideas and tips that can help you improve your trading skills.But one thing must always be remembered in the world of trading no matter how skilled you are it will never be 100% correct and there will always be risks and those who are successful have got something good little by little.