You really need to look at Fib retracements. It's amazing how this phenomenon overrides all else. You can trade with small amounts, but if you have gotten in at a wrong point, then look where it should retrace to and if it goes below that...GET OUT of that trade and try again. Minimum initial trade permitted on any stock is $600, but once you're in, you can trade smaller. I used to be bamboozled by the sorts of things you're saying and also by the demon stop loss hunting monster. After doing a lot of reading, I realized that the only monster in my trading is the one that doesn't allow me to push the sell button on a loss when I should. Always better to get in again later with a clear head.
Don't allow yourself to believe what you're telling yourself. The little guy can do just as well as the big guy....you just have to do some more reading and accept that sometimes a small loss is acceptable.
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