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Mythsphinx trader's profile

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Experience

Less than a year

Location

0

Registered

Jul 11 2017 at 15:01

Blocked users

1

Recent Mythsphinx''s Activities

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Systems by Mythsphinx

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Recent Posts

in Risk and Forex Jul 23 2018 at 14:15

1:100 and 1:2000 leverage makes no difference when calculating position sizes. The only difference is that you can open up more positions with 1:2000 leverage compared to 1:100. If you have a good pla...

in I Really Need a Mentor That is Making Money Feb 01 2018 at 08:43

That's great. Keep it up. Hope you keep on improving on your trading and making more profit. Another thing I wish to pass on to new traders is that pips doesn't tell you if a system is profita...

in I Really Need a Mentor That is Making Money Jan 30 2018 at 08:42

Hmmm.. Not trying to be rude or anything, but winning percentage doesn't mean a system is profitable. Example. Say someone have a 90% win rate. But the Risk: Reward is 10:1. What this means is ev...

in I Really Need a Mentor That is Making Money Nov 29 2017 at 07:38

Thought I'd add this for the fun of it. I'm technically a multimillionaire in that currency and I've literally made millions in Indonesian Rupiah in trading. If I converted the dollars I&#...

in Risk and Forex Nov 26 2017 at 15:49

We need to take risks to make money. But we need to take calculated risks to make consistent profit. Sometimes even with calculated risks, a black swan event can do a lot of damage to our account whic...

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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.