You win some, you lose some. But in the end consistency is KEY!

Instead of looking for 50% or as the newbies do 100% profit in 1 trade. Aim for 15% to 25% profit per trade. That is enough to get you on track to sustained profits. Always I Repeat Always use a stop loss. If you are new and have 10$ to trade you should have a stop loss at least at 30% of your total that is 3$. It's OK to get your SL hit. Follow the market cycle. You can earn both in long and short positions provided you learn to read the cycle. 15 mins charts give you a good idea of the trading range if you want to trade every day, however trading daily can get your emotions in play. Don't screw up playing with emotions. On a loss take a deep breath and stop trading for an hour or two. Get back in your zone and follow the trend.