Trading strategies are usually crafted by each individual. Whenever a successful trader teaches other traders how to trade using their strategy, the traders always end up with their own versions of the original strategy. So each trader builds off of another traders strategy to fit their own style. It takes work.

If you have been trading for one year already then you should be in a better position than you are now, but that is okay. You should up your game. Take it more seriously. Put in more hours. Ask more questions. Be patient. Be persistent. Practice practice practice. Treat it like a business.

People who trade money they can not afford to lose, often lose at trading, and that happens with experienced traders too. People who rely upon trading as their only source of income, often lose at trading. Never trade more than you can afford to lose. I like your dollar amount of $500. That is a safe and effective account balance for learning the ropes.

I hurts a lot to lose money like that but loses can be converted into potent learning opportunities. I was taught that whenever I lose 15% or more of my account balance to stop trading for one full week, and during that one week break go back to review any past mistakes. Really look at and identify mistakes and learn from those mistakes.