In the ever-evolving landscape of financial markets, the Forex (foreign exchange) market stands out as one of the most dynamic and potentially rewarding arenas for traders. However, success in the Forex market demands a combination of knowledge, strategy, and access to valuable resources. This is where Simple Trading Solutions (STS) enters the scene, offering a suite of education and trading tools designed to empower traders of all levels. With a history dating back to 2013, STS has undergone a significant transformation, making it essential to delve deeper into the offerings and experiences that this company provides.
A Brief History of Simple Trading Solutions
STS’s journey commenced in 2013, primarily as a seller of custom Forex indicators. This initial focus laid the foundation for what would become a more comprehensive approach to trading education and support. However, it was in 2017 that STS made a pivotal decision. Recognizing the importance of interacting with their students, they initiated a transformation that would shape their approach to trading education.
The reset button was pressed, and STS began actively engaging with their community of traders. They sought feedback, reviewed the results of their students, and conducted numerous live webinars—hundreds, in fact. This shift towards more direct interaction was driven by the desire to not just meet their students’ expectations but to address their actual needs. The outcome of this endeavor is what STS now proudly offers—an educational program that is responsive to the experiences and challenges faced by traders on a daily basis.
Unpacking the STS Mentorship Program
The cornerstone of STS’s offerings is their mentorship program, a comprehensive resource designed to equip traders with the knowledge and tools they need to succeed in the Forex market. Let’s dissect the various components that make up this program:
Live Mentorship
One of the standout features of STS is its live mentorship. Traders, whether they are just starting out or have years of experience, can benefit immensely from access to experienced mentors. In the fast-paced world of Forex trading, having someone to guide you, answer your questions, and provide insights based on real-world trading experience can be a game-changer. STS promises to be with you every step of the way, a commitment that can be reassuring for traders seeking guidance and support.
Multiple Live Workshops
A crucial aspect of the mentorship program is the availability of multiple live workshops each week. These workshops cover a diverse range of topics, catering to traders with varying levels of expertise. Whether you are looking to grasp the basics or refine advanced strategies, the flexibility of choosing workshops that align with your specific learning needs and schedule is a significant advantage.
Custom-Built Indicators
STS offers its members access to a selection of custom-built Forex indicators, each designed for different trading styles—be it long-term, intraday, or scalping. What sets these indicators apart is their usability, as each one is accompanied by a dedicated how-to-use video. This practical approach ensures that traders can effectively implement these indicators and, importantly, never miss a trading opportunity due to built-in notifications.
Advanced Price Action Trading
Price action trading remains a preferred strategy among Forex traders due to its reliance on market behavior and price patterns. STS claims to excel in helping traders develop their skills in identifying price action opportunities. Whether you are a novice seeking to grasp the basics or an experienced trader aiming to fine-tune your abilities, this aspect of the mentorship program can prove invaluable in sharpening your trading acumen.
Fundamental Analysis
Trading high-impact news events can be both rewarding and challenging. STS asserts that it teaches a straightforward yet effective strategy for trading such events. Moreover, their program equips traders with an understanding of how economic events influence the Forex market. This knowledge can serve as a powerful tool for traders looking to capitalize on market-moving news.
Live Webinars and Chat Group
STS goes the extra mile by offering two live webinars every week, complete with a market overview. These webinars are essential for staying informed about market developments and gaining real-time insights from experienced traders. Additionally, members gain access to an exclusive chat group for discussion and support. This sense of community fosters collaboration among members, enabling them to share ideas, seek advice, and learn from one another’s experiences.
Key Features of Simple Trading Solutions
Now, let’s consolidate the key features of Simple Trading Solutions as outlined on their website:
1. Automated Alerts
STS ensures that traders receive timely alerts by sending them to a private server accessible to members. This feature is indispensable in a market where opportunities can arise and vanish in the blink of an eye. Staying ahead and being alerted promptly to potential trades can be a game-changer.
2. Proven Trade Plan
STS claims to provide exclusive trading strategies that have been rigorously tested and proven to work in the market. A robust trade plan is the foundation of a trader’s success, and access to such strategies can be a significant advantage in navigating the Forex market.
3. Support Team
Access to an exclusive chat group filled with long-term members provides traders with a robust support network. The ability to exchange ideas, seek advice, and learn from the experiences of others is a valuable aspect of the STS community. The camaraderie and mutual support can be particularly reassuring, especially for those embarking on their trading journey.
4. Custom Forex Indicators
The availability of custom-built indicators tailored to various trading styles, along with instructional videos, is a practical resource for traders looking to enhance their technical analysis capabilities. The user-friendly nature of these indicators, coupled with built-in notifications, ensures that traders can efficiently use them to their advantage.
5. Comprehensive Training
STS offers a well-rounded training program that covers both the fundamentals and advanced aspects of trading. From price action to fundamental analysis, traders have access to a wide range of resources aimed at honing their skills. This comprehensive approach caters to traders at various levels of expertise, making it a versatile resource.
Conclusion
Simple Trading Solutions emerges as a compelling resource for individuals interested in Forex trading education and tools. Their emphasis on live mentorship, interactive workshops, and a supportive community sets them apart from many other online trading education providers. The inclusion of custom-built indicators and a straightforward approach to fundamental analysis further enhances their offerings.
It is important to note that, while STS claims to have evolved based on feedback and the needs of their students, due diligence is crucial. Prospective members should conduct thorough research and consider seeking out reviews and testimonials from current or past students to assess the program’s effectiveness and suitability for their trading goals.
As with any investment in education or trading tools, individuals should exercise caution, manage risk responsibly, and be prepared to put in the effort required to succeed in the Forex market. Simple Trading Solutions may offer a valuable resource for traders seeking guidance and support on their trading journey. However, success in trading ultimately depends on an individual’s dedication, discipline, and ability to apply what they learn effectively.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
