Here is the story, a person doesn't care about risks and go all-in $5k + leverage into a pair, got lucky betting in the right direction, and sold it. That's not trading, that's gambling. :/

Yes, trading more will successfully run the account into the ground. HFT is for players who have close to zero commissions and slippage.

Trade systematically, meaning you enter and exit trades based on the trading signals generated by your trading strategy precisely. The pre-requisite for that is, of course, your strategy need to have an edge over the market for you to become ...

I think you're on the right track. Trading on a higher timeframe to avoid overtrading is a smart move. Most profitable strategies turn unprofitable because of commissions piling up and slippages.

I'm sure someone already said it, but it really depends on the strategy you trade. Just remember that no one strategy fits all, so it's better to backtest your strategy on the pair you want to trade and track it performance. Trading a strategy with ...