A lot of beginners myself included when I first dabbled in trading tend to focus too much on the charts, the strategies or even the success stories online while overlooking the basics of financial preparation and emotional management. Many beginners think high leverage is a shortcut to financial freedom but more often than not it just accelerates losses. I’ve found that keeping leverage small and focusing on consistency is a much healthier way to grow both skills and confidence.
One of the most important factors for every new trader to know is that trading is not a get rich quick scheme and it's not something that newbies should rush into without first learning how it works, patience is a virtue in trading. Many young people wants the easy life where they can work from anywhere they are without answering to any bosses, trading presents them with such goals and opportunity, that is why many of them jump into it without patiently learning how the market works. Aside from understanding technical analysis and fundamental analysis they also need to understand emotional state of mind and not being greedy.