I'd have to say look into the psychological aspects of trading as a big priority. (no matter what money management or method you have in place you will have a better chance of longevity if you have the mindset to cope with executing,losses and profits.)
money management
method.
all of that should be studied in depth, this can often take years and there is strong debate in how the 3 sub headings above rank in order of importance and its very difficult to explain in detail in a thread as after a few years you know theres a lot of information to immerse a person into and of course you yourself will have to take the steps .
If you want to still trade and learn at least take a few months out, split your capital 3 ways and trade with your 1st capital, ie $12,333 risk no more than 1% = $123 per trade, ideally 1-2/3 risk reward scenario. example $3 40 pip stop on euro /dollar with expected return of 80 pips the euro/dollar forex has historic volatility of .6% implying daily range of 76 odd pipps to expect 80 in day is , well superstardom off the planet, 30% of a days range is **** hot.. ie 23 pips implying appx. 8/12 pip risk reward situation.. tight stops some might say bloody huge for others, but thats for the individual to become knowledgeable and comfortable with mentally. is intra day suitable for you ? what market ? why ? trade less often, they say markets spend 15% up 15% down the rest well rangebound/sideways tight days 3 days out of ten good trending days maybe up or down, can we spot them..?? do we know ?? well yeah easy with hindset and maybe with a tight market for 4 days then today must ? be the trendie day.... ?? food for thought maybe..
Im assuming nothing of your knowledge here/do likewise with me , so Im keeping it stupid simple.. but your market is something you must find out for yourself aswell, .will the market have the range neccessary to deliver against the risk you are willing to assume etc..? whilst reading up on the subject, watch "A" market to find selective oportunites ... (dont we all try and do that
)
so much to learn, I'm still niave in many areas, take your time..... study and maybe use a demo account until you decide your ready for another attempt....
ask members on this board about a trading mentor or courses some are offering fee based, I cant comment on them but they might be a good option?
but there are no shortcuts, you could have the worlds best tell you exactly what to do when to do it, but when your on your own in front of the screen, thats when you start to begin to learn, or suffer too much emotional trauma with the experience.
I dont know what books you have read, but i found douglas -disciplined trader and elder- come into my trading room (jolly read with practical advice ) as pointers for you mental insights...
again book reading good books, all subjective, but i'd say those ask others for opinions too....
finally.... most if not all have felt that gut wrenching/physical effects of trading with emotion neccessary maybe.... but we are human. Try not to beat yourself up over it as you go.
finally again are you passionate about trading ? Neccessary to drive you on through your early years with bugger all to show for it except lots of opportunities for self examination if you are lucky.
very best
jd.
All Just my subjective opinion Sun , but find out for yourself.