thefxtrad's Profile

Dear User,
We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings.

Thank you for your understanding!

thefxtrad's profile

	Message
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

The user hasn't posted yet.

Chart

Systems

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

thefxtrad's Feed

EURUSD	1.18968	GBPUSD	1.31403
USDJPY	105.445	USDCAD	1.32542

Looking to open a Forex account?

Open Live
Open Demo

Tools

Community

Reviews

Brokers

Platform

Support

Twitter | Facebook | Site Map | Terms | Privacy Policy

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.