Trevor Neil’s Free Technical Analysis Surgery E-Learning Sessions – Speculative Trading Risk and Money Management
Speculative Trading Risk and Money Management
Speculation in the markets should be considered a business. Having a trading risk management strategy is probably the most important aspect of your trading process because it will guarantee the long-term survival throughout the ups and downs of your trading career. Applying risk control into your trading strategy will enable you to be in control of your emotions because you already determined how much you’re going to lose before jumping into a trade. In this session, Trevor Neil will look at how a speculator should build a rigorous Money Management Strategy. He will look at how to evaluate your trading objectives and to control the risk of ruin in trading. He will look at the basic formula you will need to calculate: Risk Reward Ratio and Position Sizing, There will be three simple Excel sheets included which will enable you to record your trades in a log and calculate performance statistics including expectancy. He will suggest policy guidelines for a speculator. In future Surgeries, he will look at Risk and Money Management from a portfolio point of view.
Each month Trevor Neil presently live four times on subjects relating to market timing skills and theory. The Friday sessions are at 06.00am Singapore time, 10.00 London time and Noon NY time and on the Monday following at 11.00 London time for those who do not find Fridays convenient. They last one hour and are live and free and open to all. You will receive the session slides after the session. If you are interested to attend on of Trevor Neil’s classes see www.betagroup.co.uk/course or if you would like him to present, share his experience and teach at your firm or to your group, wherever you are, see http://betagroup.co.uk/tailored-training/. This is a surprisingly economical option and the very best way to learn and profit from this skill.
This session is featured in Trevor Neil’s courses: Technical Analysis in the Dealing Room. It can be part of your bespoke in-house course.
For over five years on the third Friday of each month and the following Monday, one of the world’s most experienced and well-known technical analysts has presented his Trevor Neil’s Friday Technical Analysis Surgeries. Suited for all market participants, whatever their level and available at a time to suit you. Each session is live and interactive and lasts about an hour. There is an accompanying manual which is only available to attendees. Learn for free from Thomson Reuters only third-party provider of technical analysis courses. See www.betagroup.co.uk/courses for more information on his courses and to find out how to have him teach you and your colleagues in your office. You can book a call to discuss bringing Trevor to you and your colleagues HERE