Thanks all for the advice. Really helpful. As I mentioned earlier, I am new to trading and doesn't know how to look at technical charts etc. I am a Scalper at the moment and I am making trades for 5 cents. I find trading to be very thrilling and entertaining. If I could make this my job to earn a living, it would be the best. I am maintaining an excel sheet to track my progress and my daily trades. I was able to earn 17% in the first week and 20% in the second week on a $1000 account. I know that this is a great progress, but it's on just a $1000 account. It's sort of an experiment and if I could succeed, I will raise my account. But I know achieving the same percentage on a $20,000 account is very difficult. Is it not?