Highlights from The Las Vegas Traders Expo
11/16/2007 12:00 am EST
Thousands of traders gathered at the Las Vegas Trader's Expo, to learn new strategies and compare the latest tools to improve their trading results. All returned home ready to implement new trading ideas.A multitude of traders-novice, as well as experienced-discovered the odds of winning were much better at the recent Las Vegas Trader's Expo than at the nearby gaming tables.
From options, futures, and forex, to equities and exchange-traded funds, the education and information offered in more than 100 workshops gave traders exactly what they were seeking. Whether a day, swing or position trader, the exhibit hall showcased the latest trading tools and software designed to meet their every need. Here is just a brief sampling of the topics and speakers at this successful event:
Attendees wanting to kick their daytrading results into high gear found that Ken Calhoun, president of Daytrading University, had a wide range of advice to help them define their goals with detailed actions.
Damon Southward, content manager and professional trader at Briefing.com, walked traders through his company's products, demonstrating how to utilize them to find trading opportunities.
Rob Booker, author of the Currency Trader's Handbook, gave traders a taste of the emotional side effects from making trading your full-time job, complete with his tips for avoiding the psychological minetraps.
Traders seeking specific trading strategies found the session held by John Carter, president of Trade the Markets, to be very productive. John focused on daytrading and intraday trading strategies, taking traders through a wide range of trade examples.
Colin Beck, regional brokerage consultant with Fidelity Investments, focused on technical analysis, demonstrating how he uses his favorite charts and indicators to analyze and set-up trades, and how to employ his company's software to maximize the success of those trades.
John Person, president of NationalFutures.com, led a comprehensive workshop that focused on using moving averages to build a trading system for stocks, forex, and futures.
In her workshop on position trading, Toni Hansen, co-founder, president and trader, TradingFromMainStreet.com, shared her five building blocks of pattern trading, demonstrating how to use them with specific examples of trades.
Craig Shipman, director of customer training at Worden Brothers, demonstrated his company's latest version of its Block trading platform, designed for traders of all levels.
Forex expert Todd Gordon, currency strategist and active trader, at FOREX.com, gave traders a thorough grounding in using Elliott Wave Theory and Fibonacci numbers to trade in range-bound markets.
In his workshop, sponsored by Charles Schwab Corporation, Robert Deel, CEO and trading strategist, Tradingschool.com, offered a glimpse of his favorite trading methodologies, a primer on using volatility stops for risk management, and a comprehensive sampling of the indicators he uses most often.
During the expo, many of the experts were also interviewed for our Video Network. Here are some excerpts from those talks:
Options experts like Jon Najarian, co-founder of OptionMONSTER.com, discussed how to use open interest to your advantage, the optimum time frames to play forex, and also gave traders some recommendations on specific options that look appealing.
Daniel Gramza, president of Gramza Capital Management, offered a series of detailed advice for new traders, including tips for seed money, differentiating between technique and strategy, and the amount to risk in each trade.
If you're seeking market forecasts, Joe DiNapoli weighed in on his forecasts for the gold, oil, and the stock market, derived from his DiNapoli levels.
The expo was a great success, thanks to all the experts who gave of their time and knowledge and to the traders who remain dedicated to improving their trading success through continued education and networking.