[TheNegotiator]

I agree with the last 2 posts. Very important to recognise how your personality will best fit the different styles of trading and different markets. Understanding the type of day that is unfolding is pretty critical imo as so many get done by fading trend days and the like.

I'd also add that if you are struggling, deconstruct your charts and your workspace. How many markets do you actually need to be monitoring and exactly why have you got a EMA of momentum as an indicator?

TheNegotiator.

[TimRacette]

To prevent the dreaded “blow up” of your account you must place a max daily loss limit on your account. Don’t just write it down on a post it. I'd recommend no more than 5% of your total account balance setting a hard loss limit with your broker to ensure this rule will be followed.