of trading books around but only a few that are worth the paper they are printed. When looking at a candle stick chart, for instance, on a one minute chart, a new candle will form after every minute that passes. You will have loosing trades. It is possible for both the number 1 and number 2 points to occur on the same bar. This way it is not possible for you to lose more. However, trading longer term can be less stressful as opportunity only comes by now and again. Maybe you have all the time in the world but not a great deal of money to invest, forcing you to trade shorter term as your money management rules do not allow you to use stop losses. When you know what to expect you can create realistic and achievable goals. You still have to have the will to succeed and the drive to make this venture work, otherwise you will throw in the towel after your first failure and give.
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Someone once said that You will learn more about yourself from trading, than any other occupation. Never risk money in trading that you cannot afford to lose! This is breaking the rules of your trading strategy and is bad discipline. If the majority of traders in a given market at a given time were buying the market and/or placing long position orders above the market, then the market prices would naturally tend to move. If at any time there are more buyers than sellers, the market will move.
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