[ramrocket]

I agree with Honeb. When I got started, I thought I knew everything I need to know about forex and jump to live trading and in 4 days lost 5K of my capital. Something different in your learning process when you actually put money on the table and you loss it. All of a sudden your IQ rises to a different level (uptrend - which is good). Every trader has to go through this experience of losing. It's just part of the business but the primary objective of every trader is to preserve the capital. When you loss your capital, your potential to make money is nil. I too focus now just on 1 currency, 2 time frames and place stop loss a must. You never know if the power goes down or you cannot get a hold of your broker quickly, etc. Decide how many pips you can afford to loss and go away from the computer and do something else. This one keeps my sanity and definitely helps avoid becoming a "tick" person.