Random events sometimes hit you hard but my personal experience is it's not that bad (Wulfman already reduced it a little - previously locks could hit more than 1 player of your team at the same time).
about the relegation, don't worry, I actually see that as a benefit (if we eliminate the real life time factor of 20 days per season) because you should be able to win the championship easily next season and get a lot of money.
Registration date is usually a random factor also (in case you don't have someone to tell you what gameday of the season it is) because a lot depends on it. If you are lucky, you can register in between 2 seasons and get a chance to use player loans, or you can register on gameday 10 (or later) and have little chance to keep the league.
Look for the positives and try to study the game in your first month, without any radicle moves.