money management HELP!
hi guys
I have being trading for some time now. After wining 1k in one day with a 4k account I got carried away after seeing another trading oppotunity which I thought would of make me 500 pips+, so I invest all my money and just left my positions there with a stop loose of about 20-30 pips per trade(I was trading against the dollar on 3 currencies.....) at the end of the day it turns out that the US released a positive news for its money and so I lost all my money..... after that I have being trading demos and wining some prizes in demo accounts. But every time I get some real money I always couldn't manage it because I never got more than 100 in prizes... which means I had to risk most of it in any trades I make. I win most of the times though but I always tend to risk everything in after a few successful trades. Anyways I'm going to deposite some more money into my account now after trading and learning for a year, but all I'm depositing is 1k which means I can't really stick with the 2% rule, is there any suggestions? besides deposite more money lol
thanks
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