Always do a self-check. How good are you, really?
It is important to do a reality check. We often tell ourselves that our next fortune is just around the corner. But in reality, what often awaits is a black hole that swallows our money.
Signs You Are Still a Beginner
- You do not have a written trading plan
- You do not know your win rate or average profit/loss
- You have blown up at least one account
- You chase trades based on tips or social media
- You do not use stop losses consistently
- You risk more than 5% of your account on a single trade
- You revenge trade after losses
- You cannot explain your edge in one sentence
What Beginners Should Focus On
| Priority | Action |
|---|---|
| 1 | Capital preservation – Your only job is not to lose money |
| 2 | Learning – Study charts, strategies, and market behaviour |
| 3 | Small positions – Trade with amounts you can afford to lose |
| 4 | Record keeping – Journal every trade and review weekly |
| 5 | Patience – Do not rush to “make it big” |
There is no shame in being a beginner. The shame is in refusing to admit it and losing money you cannot afford to lose.
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