Hi Pingatec,
Since the Boks are unexpectedly going to beat the Kiwi's in the upcoming RWC - I'll give you a few pointers as consolation for the future upset
I use GFT and pretty good - I'm not complaining. As Rezo has said many times - they pretty much all are the same. Don't worry about this unless you are unhappy with your current broker.
Firstly - keep it simple: as Trader Guy said - follow the trend, horizontal lines etc - although as Pete says this is really personality driven - do you like stats, are you analytically minded, do you get a feel for the price action - whatever flies with you....
Secondly plan your trade in advance and stick to it - i.e. discipline.
Have a look at the 27/23 thread - there is a strategy although still needs to be tested with diff parameters etc. Don't
Thirdly - Keep economic announcements in mind. Very important - especially the market moving ones. Typically movement after an announcement is genuine if figures are not as expected. Why - because the whole world hears them and typically take collective action especially if the figures are obviously bad or good.
Fourthly - money management. Many guys only risk 1-2% of their capital with every trade - this pretty much means you can make 50 losses straight before your capital is gone. If you are in a winner sit with it to make up for the losses.
For me I don't have the time to sit in front of a PC all day (to trade that is) so I trade only in short bursts. I'm starting now to experiment with longer term trades since my capital has grown and decent stops can be put in place. +30 pips. Although I need a plan first before I'll commit to it - otherwise I'm only hoping...
Go to it - trade the plan and don't over-trade. If need be
demo trade first until the confidence returns. We all have been through the negative periods...
Talking of negative periods - the markets are flat dull and boring at the moment - thank God for a bit of action yesterday...
Cheers and good luck