FXstreet.com Live Sessions Archives

Managing Risk to Target Consistent Profitability in the Forex Market

Expert: James Chen, Chief Technical Analyst at FX Solutions
Moderator: Maud Gilson

Summary:
Learn how the most important element of consistent profitability is a good risk and money management strategy. Find out the ways in which experienced traders manage risk in their forex trades with stop-losses, position sizing, and prudent exit strategies.

Understanding the simple rules of Money Management – Part II: Position sizing

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:
A trader must use the 3M’s (Money, Mind & method…in that order) in the trading plan to ensure success in trading.

Of the 3M’s, Money Management is the most important part…and ironically the most ignored.

If a trader understands only the following 2 rules of money management, it increases the probability of success –

1.) The Risk-to-Reward ratio.

2.) The correct exposure of the trading capital.

In the first part of this series, we looked at the importance of the Risk-to-Reward ratio.

In the second part, we will look at the correct exposure of capital and understand “Position sizing”.

Part 1 of this presentation is available too: Understanding the simple rules of Money Management – Part I: The Risk-to-Reward ratio

Understanding the simple rules of Money Management – Part I: The Risk-to-Reward ratio

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:
A Trading Plan is often the thin line between success and failure in the markets & the ‘Trading Plan’ must incorporate the 3M’s (Money, Mind & method…in that order).

It is “Money Management” which is the most important part of a trading plan…and ironically the most ignored.

If a trader understands only the following 2 rules of money management, it highly increases the probability of success –

1. The Risk-to-Reward ratio.
2. The correct exposure of the trading capital.

In the first part of this series, we will have a look at the Risk-to-Reward ratio, understand the importance of this ratio and learn how to implement it in the “Trading plan”.

MONTHLY WEBINAR: Forex in Five: Full time strategies for part time traders

Expert: Raghee Horner, co-Founder and Lead Trader at Raghee.com
Moderator: Maud Gilson, Conference Manager

Summary:
How can you best position yourself to trade a market that never sleeps. All of us have different schedules and lives but the forex market can be traded by anyone who understands when the moves start, when they hold, which financial centers are the largest and most volatile, and whether to play breakouts and breakdowns or follow the trend.

It's not complicated and can be done with some simple tools.

Join Raghee Horner as she walks you through her various methods of identifying support and resistance, trading times, set ups and confirmations.

Raghee will also teach you how to use correlations to better understand how the forex markets works with non-forex markets like the U.S. Dollar Index, Dow Jones, crude oil, and gold.

Selling FX Options

Expert: John Jagerson, Founder at Profiting With Forex
Moderator: Maud Gilson, Conference Manager

Summary:

I get a lot of questions about forex options from new and experienced traders. I think the real attraction is that it is one more tool to use in uncertain market conditions when a spot trade may be more difficult to construct. Selling options gives you a whole new way to manage risk and make profits. It is different than spot trading but in many ways it is just as aggressive for active traders willing to take on risk for the right amount of reward. In this session I will walk through the basics and demonstrate how to set up a few trades today.

Trading and Identifying Volatility in the Forex

Expert: John Jagerson, Founder at Profiting With Forex
Moderator: Maud Gilson, Conference Manager

Summary:
Volatility can interrupt a trend but it can also present interesting trading opportunities. There are several ways to identify and forecast volatility within the fores and other capital markets. In this presentation we will look at volatility as an opportunity and will cover ways that you can identify these periods as well as to identify the potential direction of the breakout.

Risk Management

Expert: Valeria Bednarik, Analyst at MolFX - Management
Moderator: Maud Gilson, Conference Manager

Summary:

1. Why waiting for stop hunting and margin calls?
2. Caution trading could be worthy too
3. How to manage your capital in order to become profitable?

Intro to the 4x-Market A-Z - Part 1

Expert: Adam Rosen, CEO and Co-Founder at 4xLounge
Moderator: Maud Gilson, Conference Manager

Summary:
We will discuss the Forex market starting with a look at Fundamental analysis, and a study of the primary driving forces of the market, specifically the major central banks and markets reaction to their actions. In addition we will look at what economic numbers the central banks choose to watch when setting their respective monetary policy. We will then study the charts from a top-down approach moving from the long to short-term point of view, in identifying the ideal entry and exit strategy. 

Day Trading Series - Chapter VI: Tips and Tricks for Successful Day Trading

Expert: Markus Heitkoetter, CEO at Rockwell Trading Inc
Moderator: Maud Gilson, Conference Manager

Summary:
This is a 6 chapters series about Day Trading and we will teach one session per month.
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Whether you developed your own trading strategy or purchased one: You have to ensure that the strategy really works. On paper everything might look great, but how can you be sure that the strategy works when you start trading it with real money?

Evaluating a trading strategy is easier than you think. In this session you will learn about the 10 Principles of Successful Trading Strategies that we developed and refined over the last couple of years.You should use these Power Principles to evaluate your trading strategy, whether you developed it on your own or think about purchasing one. By checking a strategy against these principles you can dramatically increase the chances of being successful.

Other chapters of that series are available:

• CHAPTER I: Day Trading Basics (Part 1)
• CHAPTER II: Day Trading Basics (Part 2)
• CHAPTER III: Developing a Profitable Trading Strategy (Part 1)
• CHAPTER IV: Developing a Profitable Trading Strategy (Part 2)
• CHAPTER V: The 10 Power Principles of Successful Trading Strategies

Common Break-Out Strategies

Expert: Adam Rosen, CEO and Co-Founder at 4xLounge
Moderator: Maud Gilson, Conference Manager

Summary:
We will identify easy to apply breakout strategies through the use of the most common technical indicators.