I personally try to have a good Risk Reward Ratio embeded to my system... I believe thats the true key to trading, whatever market you trade... cheers Walter. my site : http://thetraderchimp.50webs.com
I would jump of a bridge if I only managed to make 10 pips a day. Read this, http://www.elitetrader.com/vb/showthread.php?threadid=122579 it's free and it's good. Take the first 240 pages, read them 4 to 5 times and check all the trades with a chart program like www.prorealtime.com and that's all. It's all there ... You say that's too much work ? Well, what did you expect ? no pain, no gain ...
You can trade forex on a very low margin with some futures brokers if you are interested in leverage. Spread can be narrow 1 pip on futures. You get the data feed from the CME exchange. Regards Baldur