To become successful in trading business you must follow a few simple rules:
This is not a casino! Sure, you can get profit a few times, but you will get fail in a long trend. You need to bet only with a little part of available funds. There is recommended to open position with no more than 20% of available funds. My personal recommendation is no more than 5-10%. This way you can be sure you will not lose everything on unexpected market activity. And do not forget about stop-losses.
Never panic. Before making an order you need to be sure you are opening it in the right direction. The broker takes a free after opening your position, so if you will be panic and will try to close position after a few minutes you will lose the fee - it is not refundable.
At the first sight it can be logical to losted other traders, but it is not. Just ask for their statement - if they will have only profitable trades then you can listen them, but usually they will not.
Sometimes world news can reflect on the market. It is good to understand how the market is working. So you can open positions in the right direction and get almost instant profit.
Sometimes you need to have good reaction to make fast decisions. Try our Trading Guide.