Summary
90% of you who read this will have emptied your accounts in a year. That's reality, it has happened to me and many others. In the effort to become day traders, we face two big hurdles: one of them is our poor understanding of money management. The importance of associated concepts like margin, pip value, average price and leverage is often recognized after experiencing a margin call. The other hurdle is the that almost all strategies we came up with are based on timing our trades, whereby the indicators available are not made to estimate the best time to trade, only the price. In this webinar I will share with you the first steps in the creation of a trading model which aims to overcome these two hurdles.Don't miss the second part of this webinar!
In the Premium second part of this special webinar, we will continue to build a trading system, one which is not based on timing techniques nor on analytical abilities. Its strength is based on pure risk and money management. Be warned that this session can radically change your view on trading. Part II - Premium: Register nowLatest Live Videos
Editors’ Picks
EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium
Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research.
Week ahead – US GDP and BoJ decision on top of next week’s agenda
US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.