brokertrader, I have 2 suggestions for you, not forcing you to accept.
- You are taking too much risk. First you must understand compound interest. By compounding small wins, it will get you more than having a roller coaster ride although roller coaster ride is fun and exciting.
- Respect the higher time frame trend. If you want to trade with trend, you need to look at multiple timeframes. For me, I look at Weekly, Daily, H4 and finally H1 before deciding what to do. This is the reason why I build an automated EA because it is too time consuming and confusing to keep looking at charts.