One Day, One Topic: MONEY MANAGEMENT - How to Think About Risk as a Day Trader
|Traditional risk control techniques do not work well in a day trading environment when markets tend to be either choppy or wildly trending. Learn why the standard 2:1 ratios tend to fail and why greed is the greatest enemy of the day trader. See what approaches work best on shorter term time frames and learn how to avoid the common "myths" of daytrading the forex market. Above all else, proper money management of day trading capital requires realistic expectations of return. Join BK Forex co-founder Boris Schlossberg as he takes you through his daily trading plan and shares with you the insights learned in more than two decades of trading speculative markets. Other webinars of our "One Day, One Topic" on Money Management on November 19th: - Dan Blystone: 12 GMT / 7 am EST: How to Handle your Capital - Steve Ruffley: 14 GMT / 9 am EST: Setting goals and risk reward ratios - Dirk Du Toît: 15 GMT / 10 am EST: Why your money management sucks and what to do about it! - Dale Pinkert: 18 GMT / 1pm EST: Position Sizing for Market Noise
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