I would advise you never to expose more than 10% of balance for margin (this is how you can determine the trading volumes) and 5% of the balance for risk, with a risk-reward ratio of at least 1:1.5. A set of rules should be a basic condition for you as a trader. After this look at the chart, draw some trend channels, some levels, resistance and support trend lines, use an indicator to look for divergences, etc. If all conditions are met, then and only then take the trade; otherwise don't. The market will be here tomorrow too, and the day after, also next week, next year, next decade and so on. ;)
I apologize for my English.
'The market will be here tomorrow too, and the day after, also next week, next year, next decade and so on. ;) '
Your statement is absolutely true. There is no reason to argue about this!
But there is another part of the problem. It is clearly stated in the direction of the discussion.
Can forex trading make you rich?
And it seems to me that it is desirable to get rich not in the next decade, but in the near future.
Who will argue with me about this !?