Do not risk money if you are not ready to lose it

Although traders expect to be able to make money (after all, it was precisely for this that trading was invented), it is important to understand that success is not guaranteed. Losing money is always difficult, but worst of all, if it happens at the very beginning of the journey. It goes without saying that you should not use money set aside for other purposes for transactions: educating your children, mortgages, or everyday expenses. Firstly, it’s an overall terrible idea that can lead to catastrophic financial losses.