Part of trading is to jump in and make a trade with what information you do have. Fear of capital loss it the greatest cause of failure. The emotion of fear causes traders to make mistakes. Fear will cause you to miss good trades, enter and exit trades too early or too late, and make silly unexplainable errors. Fear will cause a beginner to quit trading just after an important lesson has been learned.
Many traders quit along the path of success because of fear.
Trading under the influence of anger or euphoria is very dangerous too. And never trade when you are angry. On the path to success, there are some key concepts that can reduce fear. First, build confidence, paper trade, and then trade in small quantities. Focus on the path to success, instead of money.