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I would say, 3 Management skills - Risk, Money and Positions

Is there any news on that? All I noticed is that many of us talked as if MT4 will be discontinued because of MT5, but I do not see that happening at all. MT4 is as much crucial as MT5, to be quite frank.

Agreed. Having good risk management along with money management is a must. They allow you to make a good decision, rather than jumping all in and wiping out your account in just a second.

A single strategy sometimes never works out for the most part, so it is best to experiment as much as you can to find the closest that work well for such market conditions.