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It hurts to have a blown account. Remember guys there is a demo account that works just like the real one except it is not real money. Hone your strategy on your demo account and then when you are confident go to live. Just don't forget when you have an acceptable profit you can stop and then...

It is fine to lose money. Remember trading is a long term process so look at the bigger picture. I wouldn't mind losing 20 bucks if I'm making 100 bucks in return :)

Blowing account means you don't properly manage your risk. Just put emphasis on the 2% rule and you will really need to try hard to blow your account. If you want to become a successful trader then just find a simple strategy that are comfortable with you and stick with it till you know all of...

Make sure to backtest it for at least half a year so it will go through at least the majority of the market pattern. Sounds tiring but hey if anything goes wrong then real money gonna hits different. Best of luck to you :)

It could be nice but just like any indicator dont just rely solely on it. In the end of the day it is only an indicator so you have to decide your trade based on your own judgement too. Best regards :)

For a forex robot the most basic VPS will. The specs are not as important as its reliability. make sure the vps won't shut itself down so you don't have to setup everything again. Best of luck :)

Never heard of it but just like any robot don't rely 100% on it. A robot can blow your account in no time once it found a pattern in the chart it is not designed for.

Forex gump indicator based on my experience is a repainting system. The signal it gives are not reliable. Paying for a more robust indicator is a better option here. I know forest gump looks like an easy to use indicator but don't fall for it. In the end your improving your knowledge and wits...

In this age of information nobody should be paying for mentor on forex imo. There is a lot of great content and learning material from youtube alone. If you want to be successful in forex then the best way would be: 1. Find a strategy that you are comfortable with. 2. Play around the strategy...

1000$ perweek is a tough goal to set on yourself. Start small and then slowly transition to a full time trader. The most consistent way of getting 1000$ perweek would be having an account with high deposit and then going full on scalping strategy. Make sure to have an excellent risk management...

From my experience the forex gump keep repainting itself. I don't really found success on it or perhaps my trading style are not suitable for it. It is on the web for you to try though if you want. Go on a demo it won't hurt :)

forex decimus try it :). There is some review and tutorial on youtube available .