Webcasts Details
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Webcast Details
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SPONSORED CONTENT |
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Risk-Management in Forex
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Released on Tuesday, August 11, 2009
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Recorded at The Forex & Options Expo Las Vegas 2009
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Dan Cook
Senior Market Analyst...
IG Markets, Inc. |
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As Amos Hostetter once said, "Take care of your losses and the profits take care of themselves." Risk-management hits on the roots of trader psychology; therefore, Dan Cook, Senior Market Analyst at IG Markets, Inc., considers it to be one of the most important aspects of trading, and one that any trader can master. While risk-management is often discussed, it is rarely understood. The subjectivity of entry and stop placements and varying trading timeframes makes it difficult to generate consistent trading results. During this Webinar, Cook will divulge the risk-management principles that should be included in any trading plan. The discussion will focus on several concepts and misconceptions: risk/reward ratio, risk to equity, and the psychological aspects of stop placement. Additionally, Dan will discuss how currency traders can use binary options in cases where a spot forex position does not offer the best opportunity from a risk perspective.
Duration: (34:25)
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