Very nice ,one more thing one can remember is that a novice trader will always looka for a 100% profit making strategy or set up.Believe me my friends my entire 2 years i spent in finding a strategy or a mentor who doesn't incur loss.But how can u find it when such a thing doesn't exist.
Every strategy has max 60 to 70%sucess rate .you havr to manage risk and risk reward ratio to become profitable at the end of the year