Let's be brutally honest for a minute. Before we learned about risk management and realistic expectations (usually by losing a painful amount of money), we were all a little bit insane.
We all had that one beautifully stupid belief that we thought was our ticket to a Lambo.
Maybe you thought you'd found the "one weird trick" indicator that was never wrong. Maybe you believed you could turn $100 into $100,000 in a month, easy. Or my personal favorite: thinking you could just copy some influencer's trades without any of the risk.
So, let's air it out. What was the most idiotic, unhinged, completely delusional thing you truly believed about trading when you were a rookie?
Basically, the purpose of a trader chooses to trade because he thinks he can make the most profit in the shortest possible time, without realizing that on the other hand there is such a thing as trading risk and this is relatively large for traders who trade in the short term.
My experience as a trader lies in thinking wrong, thinking trading is the way to instant wealth without being equipped with adequate knowledge, even though if we know the job of being a trader is one of the hardest in the world, proving how difficult this industry is. I even at the beginning of becoming a trader often bought VIP signals, attended paid classes to just get training and trading ebooks, even once bought entrusted funds to professional traders
(he said) but in the end instead of profit instead of profit, profit cannot be, capital is lost, the lesson that can be taken is to first learn about what is a trading plan, trading strategy, money management, including trading psychology also affects the market, then do a backtest, so that when it has been tested profitabla then you can start trading, even then it is recommended with small capital first.