You really have to read to charts before taking action ; Everyday before i trade i look at the 15 min chart and the daily chart to decide which direction Im goin to say the market is goin in. This video gives a nice visual breakdown of how to allocate properly and how to keep your emotions intact. Your emotions is a major key for trading, you can lose out on a lot of money not controlling your emotions and letting your trade go through. Remember why you got in the trade in the first and stay calm and you shall prosper ; Im a example of it in this video.