I just have one more question that I don't understand fully . All the experienced guys say NOT to trade much , especially in the beginning , they say one or two trades every 1-2 days. Now my question is , isn't it safer and easier to make few trades a with a lot less profit than hope for 2-5 % in a day or two on just one trade ? I know I am probably wrong , but just wondering why , seems like its a lot easier for me to make 0.2-0.5 % on a trade than hope for a lot more on one trade. Thanks again !
Honestly, that depends on how far your strategy will give you profits.
That advice was meant for newbies not to take trading too much at their early phase to avoid an early loss. Since newbies are still on the learning period, the goal is to learn how to make a trading strategy first rather than targeting profits quickly.
If you think you can follow your plan properly, given you now have a strategy on how to deal on it, then just proceed. It's on your own hands how to make your trading goals success in the long run.
