@Riverbell
As you wrote "
Since i am a new entrant", my short and one word answer was meant to keep you worry. Why?
You surely heard about "
Fear and Greed". To become a good trader in what ever market, you need to find a balance for your self in which you know the reasons when you have "
Fear" in any trade and when you get "
Greedy" in any trade.
As you are in a stage of "Fear and even a new entrant", which you told by your self, you protect your self by being careful by what you do or plan to do. This is very good :thumb: and do not try to push away this feelings.
On the other hand: If you never can manage your "Fear", you never will enter any trade as well as you never will enter the field to become a part time or even a full time trader.
Now what is the way to manage this "Fear" to get over it by even accepting it as it is? If you can answer this part of the post, you are where your next steps begin.
If you want to comment so far on this post or on the other posts from the other members, kindly do and after we can continue on the topic.
Take care / Dan