Gonçalo Moreira, CMT
Independent Analyst
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 holds above 1.0700 ahead of US jobs report
EUR/USD stays in a consolidation phase above 1.0700 after closing the previous two days in positive territory. Investors eagerly await April jobs report from the US, which will include Nonfarm Payrolls and Unemployment Rate readings.
GBP/USD advances to 1.2550, all eyes on US NFP data
The GBP/USD pair trades on a stronger note around 1.2550 amid the softer US Dollar on Friday. Market participants refrain from taking large positions as focus shifts to April Nonfarm Payrolls and ISM Services PMI data from the US.
Gold remains stuck near $2,300 ahead of US NFP
Gold price struggles to gain any meaningful traction and trades in a tight channel near $2,300. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support to XAU/USD ahead of the key US NFP data.
XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.
US NFP Forecast: Nonfarm Payrolls gains expected to cool in April
The NFP report is expected to show that the US economy added 243,000 jobs last month, sharply lower than the 303,000 job creation seen in March. The Unemployment Rate is set to stay unchanged at 3.8% in the same period.