Summary
When I was younger, my family used to play the board game "RISK" - a game that was focused on accumulating global power through strategic control of geographical areas of the world. Risk needed to be taken to win the game, but typically the winner of the game was the player who defined his risk, limited his risk in the process, and accepted the risk and executed the plan. The losers were typically the ones who didn't understand the risks they were taking, took too much risk, and/or were more focused on the rewards with little in the way of a plan. Too many traders focus on REWARD first and less about the RISK. In this session, Greg Michalowski, Chief Currency Analyst from FXDD will focus on the risks of trading and explain how traders can position themselves to win the game by defining, limiting and accepting their risk."Latest Live Videos
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