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Unfortunately there are no such mentors. All quality signals remain private and can be used to make profit just using more leverage. If somebody is selling you signals, clearly they want to share risk and you goal is to assess it as precise as possible.

My best returns usually come from the simple S/R system on high timeframes. Trades are rare and you have to wait for the outcome for one-two week but win rate is astonishing. You just have to plan your trades carefully.

Yeah my first deposit with them was 10 USD lol, managed to increase to to 100 usd with simple martingale.

For me 20-25 trades monthly is enough, I spent a lot of time on market analysis, finding possible entry and exit points and picking correct lot size that reflects current market volatility and trend behavior.

In my view there is no real supply demand forces for synthetic indices it is just a funny game created by the broker who acts as a market maker. I would rather trade regular pairs like EURUSD, USDJPY which you can analyze and increase the odds of winning.

Gold is quite volatile asset there are severe up and downs so I would suggest to look for breakout robot or bot that trades support/resistance bounces. However its code should be optimized well and you have to have a broker with consistently good fills like Hotforex to not be late

I like naked price action trading because of its simplicity and intuitive rules which you can adapt to your risk appetite and trading goals. Like if your are scalper your are better to trade short-term bounces&breakouts, however if you are long-term or swing trader then S/R levels would be a...

I tried it with Hotforex but performance was slightly better than 50/50. Doesn't cover transaction cost so I returned to old good support/resistance strategy on 5M timeframe.

Can't name three brokers cuz I currently trade with only two, it is Hotforex and Tickmill, both are regulated by FCA and offer various account types for news, scalping swing trading etc.

Is the belly system is an informal name for some specific trading system? Could you please tell us more what do you mean by that?

You can choose any leverage and choose the risk (the amount you can afford to lose) using lot size and stop loss. In my view it is more flexible.

You can read Schwager or Murphy's trading bible classical books on technical analysis, but you have to be creative to understand how you can build something more advanced that takes into consideration for example the fact that most of the times modern markets are driven by algo

Agree but let's not forget about money management. The rule of thumb is to determine comfortable for your risk profile % of expected return per trade (like 2% of your equity) and pick the lot size so that expected value from a trade is positive and is equal to the 2% you want to earn. For...

I use BeeksFX as it offers collocation (their server is in the same location where brokers rent their servers like LD4 Equinix) which ensures lowest latency possible (1-2 ms and even less). It was good improvement for my scalping system as I discovered that after 100 trades I saved a lot on...

Good suggestion, especially for newbies, however if you need something more advanced I would recommend to study technical analysis books or watch webinars like from Hotforex, if you prefer videos over books or find reading boring.

It depends how you got that bot. If that is your proprietary software then you should know its ins and outs and be able to quickly discover why it loses money and find way to fix it. For paid bots you can only hope it won't go broke.

You should play with different parameters to see how it works for you. Basically it is the key to efficient use of any EA - parameters optimization.

Unfortunately all newbies commit same mistakes, I guess this experience will make trader only stronger as it is essential to explore weaknesses to be prepared better.

Yeah, also location affects speed of execution, though it doesn't matter for swing trading or low-frequency scalping. If you look for speed advantage then I would advice to check VPS offers.

It works even better for Android, at least I compared Hotforex's MT4 built and it draws charts faster as well as when you use charting tools, looks like it is optimized more.