the markets are NOT fair. people are out there that WANT your money.
if you are young its a valuable lesson. better to learn now than when you are 55 or 60 and just blown your superannuation retirement savings.
think about 80% managed funds and 20% for your own investments but above all, make a plan and stick to it!
not many people can successfully manage 100% of their own investment $$$. a combination of managed funds and no more than 3-4 open trades at any one period is a great combination for most people.