Editor-in-Chief, FX Textbook
RYO
Thirteen years editing financial and economic media; oversees the quality of every article as editor-in-chief.
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Full-time Forex Trader
AKI
A full-time trader with ten years of forex experience; covers technical analysis, money management and stop-loss discipline.
Career
- 2016
- Started forex while working as a company employee
- 2018
- Suffered a large loss from high-leverage trading and rebuilt money management and trading rules
- 2020
- Began trading full time, mainly USD/JPY and gold
- Now
- Covers technical analysis and money management at FX Textbook
Qualifications
- Certified Skilled Worker of Financial Planning, Grade 2 (Japan)
- Bookkeeping Grade 2 (Japan Chamber of Commerce)
Track record
- More than 1,400 recorded trades (self-reported)
- Cumulative return of +54% from 2021 to 2025, with a maximum drawdown of about 17% over the same period (self-reported)
Areas of expertise
Reading charts and technical analysis / Money management and stop-losses / Order types / Leverage and margin calls
What guides their writing
Survival in the market comes first, so every explanation starts with rules that limit losses.
ARTICLES
Articles by AKI (25)
These articles are checked by editor-in-chief RYO for sources, review dates and risk disclosures.
- What is stop-out in forex? Margin, leverage and liquidation risk
- Learning scalping independently or in a trading community
- Forex order types explained: market, limit and stop orders, OCO and IFD on MT4 and MT5
- Forex money management: how to set risk per trade, lot size and margin level (beginner guide)
- How to Read Forex Charts: Candlesticks, Timeframes and Moving Averages for Beginners
- Forex Demo Account: How to Open One, How It Differs from Live, and How to Practice
- Zero Cut Explained: Margin Call Difference and When It Won't Apply [2026]
- Pips, Lot Size and Required Margin Calculation: Offshore Forex Cheat Sheet
- XS dynamic leverage and stop out: the 1:2000 tiers, margin call 40% and stop out 20%
- HFM leverage and stop out levels: maximum leverage, margin call and stop out by account
- Forex stop out calculation: the margin level formula and broker levels compared
- Forex leverage comparison: brokers offering 1:2000 and unlimited leverage
- Axi Leverage and Stop Out Level: 1:1000 Maximum, Margin Call and Stop Out Explained
- DecodeFX Leverage and Stop Out Level: 1:2000 Conditions and Margin Level by Account
- Monaxa Leverage and Stop-Out Level: Up to 1:2000, Loss Cut 50% and Stop-Out 20%
- INFINOX Leverage and Stop Out Level: 1:1000 Conditions, Margin Call and Stop Out
- AXIORY Leverage and Stop-Out Level: Tiered 1:2000, Gold Rules, 50% Margin Call and 20% Stop-Out
- INFINOX Gold (XAUUSD) Trading Conditions: Spreads, Leverage and the Difference Between STP and ECN Accounts
- AXIORY Japan Stock CFDs: Supported Account (Nano, MT5), Fee 0.12%, 1:5 Leverage and Trading Hours
- Exness Leverage (2026): Unlimited Leverage Conditions, HMR Restrictions, Margin Call and 0% Stop Out
- XMTrading Leverage 2026: 1:1000 Equity Tiers, Instrument Caps, Margin Call 50% and Stop Out 20%
- Exness vs XM (2026): Total Cost, Stop Out, Minimum Deposit and Bonuses Compared
- Gold (XAUUSD) Spreads Compared at Offshore Brokers: Cost per Lot, Leverage and Hours (2026)
- Leverage and liquidation explained
- MEXC futures leverage: up to 500x, risk limits, margin and liquidation calculations from official sources
MEMBERS
Team members
Forex Editor
MIO
An editor who has compared trading conditions and tools at more than 20 forex brokers; covers broker comparisons and beginner guides.
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Former Bank Markets Professional, FX Commentator
NZ
A former banker who worked on corporate FX hedging in a Japanese bank's markets division; covers how forex works, interest rates and central banks.
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FX Market Analyst
TAGUCHI
An analyst who has covered economic indicators and monetary policy at a financial information company; covers indicators, the FOMC and the Bank of Japan.
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Quant and Automated Trading Researcher
REN
An engineer who has backtested more than 450 trading rules; covers EAs, copy trading and trading costs.
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Financial Compliance Specialist and Reviewer
SHIN
Comes from the compliance division of a financial products company; covers and reviews articles on safety, tax and risk disclosure.
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