Questions a new trader should ask

[efficiency]

Quote from rosy2:

i think you should put all your eggs in one basket and hope to increase your account to a usable size. If you trade conservatively with a small account you have almost no chance

From gaming theory and 50/50 coin flips, an aggresive 25% position size with very SELECTIVE entry and focused risk management offers the best theoretical results for a small account.

CUT those losses with emotional detachment. Hope is a four letter word (and a floating hospital).