there's just one single reason why your dreams and ambitions won't come true: if you give up. if you don't, you'll make it. it's really that simple. but the process will not be as straightforward as you may wish right now.
One tip for you, from my own noobish experience: please don't underestimate the threat of overleveraging. Don't put your stops too near to market only to justify a bigger position size, and never ever try to revenge trade with bigger size!!!!!! Don't be such a dimwit like me: as i started out about a year ago, i've blown a $200 account to $80 in about 200 trades in 2 months.. risk was 2%, later 1% of balance based on stop loss. And revenge trading of sorts.
Then i've put that account to myfxbook to analyze what's wrong - DAMN I WAS 1600 PIPS POSITIVE.. that was a real eye opener for me, i still can't believe how dumb i was. I threw the fixed fraction risk model away and proceeded with double the smallest lot size possible (0.02) while keeping my strategy, just perfecting it.. and things have turned totally on a dime! I'm still penny account training but after some 600 trades i already know there's no way back to a complete account blowout even if there will be drawdowns; it's simply not possible
Everyone's style is different but if i should advise, here it goes:
- trade max. 0.02 ($2000) lots per $500 of account (even with demo!)
- don't change the size! never! ..until you double the account. Then, double the stake.
- one trade at a time until you're 100% comfortable and your equity curve shows that for at least 2 months; then you can practice adding to your profitable (!) trades
- know your exit; even if you don't feel comfortable with hard SL, you MUST be able to recognize an absolute invalidity of your trade idea and QUIT! Never slip into hope-and-pray mode, that's the account killer #2, right after overleveraging w/psych failure.
Listen to everything what cloggie said, that's pure gold. Check the useless thread for his yesterday posts (with charts) btw. GoldMans advice are spot on, too. But you have to develop your own attitude and approach - your own unity with the market. Belive me, that's not transferrable via text or video.
Go ahead and NEVER give up. You do have the talent, I can read it between the lines and see it in your charts. You are 10 years ahead of me in time. Don't miss this advantage i wish you the very best!
PS. try the indy below for very draft S/D estimation.. but remember it's a stupid indicator anyways (=don't get used to it), best zones are always eyeball-discovered and hand-made. But it's still an indicator that makes some sense and at least, makes you think in zones. That's good for the start and could help you with risk control, rather than relying on narrow/exact pip levels.