Mon, 19 Feb
|Online
ATAA Sydney Chapter Online Class
Topic: Trading effectively by using the 3M’s – Money, Mind & Method
Time & Location
19 Feb 2024, 6:30 pm – 7:30 pm GMT+11
Online
About the Event
This is an online meeting for the members of the ATAA Sydney Chapter. Non members can access by registering.
Topic: Trading effectively by using the 3M’s – Money, Mind & Method
Most traders believe that having an effective trading technique will give them the ‘Holy Grail’ of trading.
But successful trading is a process consisting of different factors, which I call the 3M’s – Money, Mind & Method.
In this, the ‘Method’ (technical analysis) is the least important part of the trading process & unless the trader incorporates the concepts of ‘Money Management’ & the ‘Mind’ factor, the probability of success is slim.
In this webinar we will break down each “M” component with precise rules.
* Money – Understand the “2 Golden Rules” of Risk Management, without which a trader cannot grow the account.
* Mind – Understand the components of ‘Discipline & Patience’ which is essential for a trader to succeed.
* Method – Understand the ‘Trap Moves’ created by professional traders……to take money from the inexperienced retail traders, by effectively using tools like Fibonacci ratios.