You will have to have a very high win ratio to jump in and out on $50 wins. Don't think the rates win implied are achievable long term and the only winner will be the broker.
Most beginning traders lose - Even if they win initially they get the 'I'm infallible' complex and either increase the number of risky trades or the $ invested rise rapidly ensuring the loss when it comes will be significant.
Keep working at it until you find a method that works for your trading style.
