MyForexTradeRoom.com Review

It seems the traderoom is closed as of May/June 2017. I cant say whether it is good or not, but seem to believe the guy below. He might have closed up shop because he was being accused of being a fraud from the Guruleaks guy.

 im sure others blew up as well he is the follow up link to his twitter post http://www.twitlonger.com/show/n_1sp6gj4 and if he erases it here FUEL for my enemies, Evil #forex #blackswans and how to make sure you NEVER get hit! OK... I have 100% revised my #trading strategy. Lets get this out of the way so my enemies can rejoice greatly, throw mud in my face and dance for joy.... I BLEW OUT my forex account ! Horray ! I know how happy you are to hear it. That's cool. Dance around and tell me how bad I suck. Its fine. I don't mind it at all. HERE is what happened. #1 Thank GOD ! I closed my big $$ forex account before forexbrokerinc went out of business. Or I would be in poverty now. #2 Thank GOD ! I did not open up like ONE $50K account AFTER forexbrokerinc went out of business and continued to trade the way I have done for years... I PROBABLY would have blown out $50K and would be DESTITUTE right now and job seeking. lol #3 Thank God I ONLY put $1,000 on the line into my starter account for our new venture of turning $1K into 1 million in three years...... So in reality losing such small funds does NOT bother me. How did I blow out? Well after making 93% in one month I went just a little bit to big and got a tad cocky? I guess. I was in Gold long on the fall and suffered and I was long pound and a few pound crosses. I did NOT think that, horrendous black swan was going to happen the other night in low liquidity market after hours when all was closed but whatever. It did and it got me. So that is how I blew out. Un-seen and totally out of my hands but the money I lost? REALLY small and just one month and one weeks work. Doesn't bother me a bit. So .... RIGHT BACK to the "starting board" again. Brand new account, brand new $1K USD in it and a TOTAL CHANGE of the way I trade! From now on me and ALL my roomies will be trading as #1 SCALPERS and #2 INTRADAY position traders but no more overnight stuff. IF... we are going to have ANY overnight trades on ever??? They are going to be ULTRA small and with STOPS in place to try and minimize any potential damage from another evil black swan coming along. Now, re black swans: They are rare, evil and ultra destructive. So I want to avoid them for the rest of my life. Do I need to do 93% a month and show off? Heck no! I will be VERY happy with 33% a month. And I can stop out all the time and turn 33% a month. I got no problem with that. I consider myself WISER and VERY VERY lucky in the way all things went down this last two months. I cannot tell you how happy I am that a lady by the name of Sindile from South Africa bugged me and pestered me to do this trade room thing again and how I prayed about it and after a month felt led to do this again. God used her to save my BUTT !! Sindile... when we meet dinner is on me ANYTHING you want! I owe you big time. Enemies.... laugh and throw mud in my face all you wish about this. Help yourself and have a field day. Tell me how bad I did. Enjoy it... But one day (about three to four years from now) I will still have the last laugh, as I reveal the completion of stage one of my master plan. As I show not only MY account but also the account of currently 38 traders with me and we are at 1 mill each. YEARS later when I am at many millions and I get the Yacht of my dreams (I can AFFORD one right now, but only about $500K Used and 60-74 feet max, to be honest) and its going to be about 150 to 185 feet or so and I am posting pics of all the traders that stuck with me through the years having dinner with me and my family on my floating home that's probably going to really tick you off that I "made it" Anyway... I watched some videos I made LONG ago re stop losses and I am the same way today as I preached back then and as I have preached pretty much FOREVER. Pick a stop. Find a place and put it on. I am so not against it.... and from this day forward, for me and my traders we WILL be using stops. How do YOU spell black swan event? I spell it: NEVER AGAIN. Have a great trading day. DAY ONE (new and improved) http://clip2net.com/s/3D8J2pF 169.7 pips of VALUE and a very long road ahead of me. Feels like walking from Main to California at the moment but so be it.

Oct 10, 2016 - 1 Star Joined because he kept posting these great winning days. Wanted to learn the process. First day in the trade room i find he's in 25% drawdown Day 2 he's in 40% drawdown. Day 3 65% drawdown, Long gold, and a bunch of cable pairs (before the flash crash in the GBP on October 7th)

So in such heavy drawdown in risk of margin call, he and the other 'traders' in the room decided to add 1500. 00 to the account and pull it out when his positions went in his direction again. Strongly opposed I was promptly kicked out and refunded.

Then the GBP crash happened, I dont know if he got margin called, I really hope he did, (some lessons need to be learned the hard way) but I do know that many were mirroring his trades and did not add funds.

He charges 99.00 to access his room/webinar/skype to trade $1000.00 to a million supposedly. Last time i was there 39 people were members, thats almost $4000.00/month. Blow up $1000 to make $4000 pretty good trade to me.

He chronically adds to and holds losers and cuts winners very short. He reminds me of how TAH trades and even talks (evil market maker crap), He consistently fades any sign of strength and keep fading it. He seems like a nice enough guy, but based on what I have said here make your own decision.

Oh and I have plenty of screen shots of his twitter account, where he posts his 5-10% winning days minus the horrific drawdown. And screenshots actually within the room where the drawdown and date are all listed and correlate. Plus all the chat in skype saved as well. Plenty of evidence.

Its funny the type of people you come across in these rooms, "i gotta make this work", people defending his horrific drawdown, and trading as if he was actually some kind of trading savior thats going to solve all of their money/trading problems based on belief alone. Gullible sheep. Funny thing is he posts alot of bible versus, seemingly to attract that mentality, so who better to sucker then the suckers.