The most important thing for a newcomer is not trading, but spending time and energy to find a reliable community or teacher. This will help you avoid many pitfalls and lose less money.
But the current situation in this industry is that newcomers can't wait to trade and never think about the consequences.
Choice is more important than effort means that you should spend 80% of your time and energy choosing the right people and things, but most of us are very hasty in making choices.
