No matter how you are going to educate newbies in trading, its undeniable that we will still see them trading like gambling at first. Trading with lack of experience is still like playing gambling, you are just waiting for your luck to favor you so you can win and beat the other players. But as you go on trading every now and then, your knowledge and skills will improve and develop, your strategies will be more enhanced as well, that made you a better trader in the process. Experience will always be the best teacher as they say, and has been proven by everyone that succeeds in trading.
Agreed. Trading without having knowledge is the same as gambling just relying on luck. For me, the first step for beginners before starting trading is to determine our own goals and risk tolerance by continuing to learn so that the knowledge gained becomes broader. And it is highly recommended to learn on this forum, because this forum is very complete about trading. Because if we know the facts about investing and follow it up with a smart plan, they should be able to gain financial security for many years.
In essence, if we want to be successful in trading, we must be responsible for our emotions, not blame other people. Apart from making us feel even more guilty for our mistakes, pointing fingers at others will only increase our sense of personal responsibility. Because there is always a risk in every investment, but people still invest and succeed. we have to look outward if we want to be successful in life.
