A trader should never put his whole deposit in risk in one single trade. Many newbies have such a temtation when they are overconfident, but such an action will definetely result in the absolute loss of the money sooner or later.
There are lots of useful educational resources online which can be reached free of charge. You can start from this website or go to babypips where you will also find a beautiful educational center. Your broker may also have some sort of educational materials. After learning these resources you...
I prefer listening to some neutral music with no words in order not to be distracted from trading. It can be something like ambient or trip-hop or something like that.
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