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Exactly. An experienced trader knows that markets are dynamics and therefore apply the proper strategy for every financial environment

Exactly, and this is the basic of understanding probabilities and statistics. Unfortunately most traders don't get it

Good to hear, I hope it will keep that way! Never heard about this site, but it seems to have some nice educational section. There are plenty of good site, but as long as it usefull and serve your need, that's what matter

There are so many different elements that causes people to lose money while trading. But if you are talking about external services than lets start with the fact that there's definitely not "a lot" of profitable signal services, and not "many" programs or webinars that will actually help you...

Once you define your success in trading by doing the right thing, you have nothing to be afraid of. The goal should be to have a good plan and to stick to with self disciplined. Once you do so, you know that over the long run you will win. Losses are just a part of the statistic.

Hedging a position is actually like closing the position. Your only chance to win in this scenario is to close the buy or sell positions at profits and hope that the price will reverse at that exact points. It might be better to close it all and wait outside the market for new trading opportunities.

You should definitely use both. Support and resistance levels, as well as trend lines are very important technical analysis tools, and so are indicators. But in order to get more accurate trading signals you should combine them together. Using 2-3 indications that you trust and feel comfortable...

There are many software that don't worth your time and money, but there are few good ones. There is the one of Vladimir Ribakov which considered to be one of the best, there is the Traders Elite and some others. But be careful, explore and test it before you invest money. If you want you can...

Even the most profitable traders lose sometimes. But when you have hold a trading and risk management strategy with positive expectancy, you will eventually win, if you stick to it with discipline

Choosing a good broker is critical, as even of you have the best algorithm and most profitable auto trading software you will end up losing if you choose the wrong broker. That's why one of the first things i do when reviewing such software is checking whether it works with regulated and trusted...

The results should be measured over long periods of time while considering deviation and draw-downs. Results of many signals or Pamm managers seem great. But when you dig in you find that this is not the type of trading you need to compare yourself too.

First, this is not Forex but Binary Options. There is a difference. Secondly, when you talk about binary options there are some legit trading software that works pretty well. But you must know that there are soo many scams. I don't know the one that you specifically asked about. But on my...

Take into consideration that more than 95% of traders lose their money. However the ones who are able to make a living with Forex, make a REALLY good living! The earning is not limited. As if you can make even 100$ monthly consistently, it means you can increase the amount, raise funds, and...

Good list. There is one very important element that is missing though. One of the most critical thing which people tend to underestimate is understanding money and risk management and knowing how to apply a proper strategy. It has been proven in any possible way that you can have the best method...

So true! one of the worse thing that can happen to a new trader is to win. It makes him thinks he actually did something amazing and instead of keep learning and improving he continue his way and eventually, usually pretty fast lose it all..

Most indicators are built in the MT4 so it doesn't suppose to slow the program, but adding external indicators can affect. However, there is no need. Most indicators show different variations of the same things. And i'll tell you a little secret - Brokers want traders to use as many indicators...

Greed is something that is built in us, something not rational. The way to deal with it is to define your success in trading by trading by the rules and with discipline. I become profitable in a consistent way only after i stopped being happy after winning trades that weren't according my...

Some of the more successful traders i know trade on a naked chart. Simple is usually better. Personally i use 2-3 indicators just to strengthen my decision. But, most traders don't realized they only get confused from so many indicators..

I wouldn't recommend to go against the trend. But if you sell, make short trades, trying to catch some pullbacks

Our trading will not become profitable just because we trade with a certain broker. Our trading should be good enough, and a good broker will allow as to win or to loss only according to our performance, and not the broker's