I totally agree. Before letting go an amount, make sure that you have already gained enough knowledge on the type of market you would like to enter in. Taking risk is part of trading but it is mandatory know, as much as you can, all the necessary information you have to learn. As newbie in trading, you will encounter things that you are not prepared so better be aware to every information you may possibly get. Open yourself of course to failure for it is most likely to happen. You don’t have to start big. Better start with a small amount and make good profit from it.