One of the things that can get you into a bad trade faster than anything is to chase a trade. You should not trade momentum. By the time the market starts to move you may be to late for that move. You should wait for the trades to come to you.
Once you have studied the market enough you will start to see patterns develop. When you use your indicators in conjunction with the chart patterns you are starting to get in tune with the market. The market will tell you when it is time to get in and out. It will give you different amounts of money at different times. It will give you small amounts of money many times each week. If you are watching, the market will give you a bushel full of money once in awhile.
As strange as it may seem and as hard as it is to do, the most profitable thing you can do is to wait for the trades to come to you. You are paid to wait. The most important virtue you can develop is PATIENCE.
One of the things that will point you out as a newbie sooner than anything else is to try and concur the forex market. You cannot concur the market but you can learn to read and understand the market. With good money management and a good trading strategy that shows you how to trade in the present you can profit in the forex market.