thefxtrad's Profile

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thefxtrad's profile

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Name: thefxtrader
Bio: Blown more than 20 live accounts to learn what truly is risk management and the meaning of cutting losses. thefxtrader.tumblr.com
Trading Style: Manual. Don't think too much. Analysis matters less than you think. 7 Pip Stoploss. I lose most of my trades, and that's why I win.
Motto: " Trade what you see, not what you think."
Experience:	3-5 Years
Location:
Vouchers:	0
Registered:	Feb 22 2014 at 00:36
Blocked Users:	0

Recent Posts All

In Is forex gambling? Mar 03 2014 at 12:04

To some extent, because all edges are build on induction. If your edge is statistically valid, and you are executing it well, then you are more like the casino than the player.

In Managed Account Feb 23 2014 at 03:00

Looks good.

In Punter Feb 23 2014 at 02:57

Always trade with a SL.

In Simple Risk Reward Ratio Excersise Feb 23 2014 at 02:57

Alternatively you can open a demo account and just trade with small SLs.

In Proper High and Proper Low Feb 23 2014 at 02:57

Forgot to add, try to do that for 2-3 years (fail a lot of times along the way) and you'll be profitable.

Recent Feeds Activities All

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Chart

Systems

Name	Gain	Drawdown	Pips	Trading	Leverage	Type
Punter	35.71%	32.21%	646.1	Manual	1:200	Demo

thefxtrad's Feed

EURUSD	1.16573	GBPUSD	1.28887
USDJPY	105.359	USDCAD	1.33684

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English

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.