Hello

[sisroe]

hi everyone

been trading for a couple of momths now, making all the wrong decisions

looking at too many markets, leaving losses to run and closing profits too early

now concentrating on currencies mostly gbp/usd and seems to be coming together

any tips for directional predictions would be appreciated

trying to turn this into a living as my previous empoyment was in property and we all know where thats gone

all the best

 

[nartec]

Equity management is your key to survival. My tips: maximum of 5% of your equity on trades at any time. Risk/reward ratio of 1:1.5. Use trendlines, support/resistance lines, fibonacci and ema's to give you direction and volume. Get a demo account with 6-12 months life and put in plenty of screen time.
While you are waiting with patience and discipline to enter a trade read Trading in the Zone by Mark Douglas. Just my humble if somewhat biased opinion.