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Exactly! Volatility is pretty high on exotic pairs which increases the risk of trading. Because of this huge uncertainty factor traders avoid these pairs.

Strongly agree with this famous quote. Diversification really helps in minimizing risk of the capital loss.

I believe beginners should start trading on higher timeframe and familiarize themselves with price action strategy. Apart from this, they should also focus on learning risk management and emotional management.

I won't say a game changer, but yes, using stop loss while placing trades has turned out to be really helpful for me. That's why I always recommend new traders to use stop loss to limit their risk.