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Practice, Practice Profit
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In this webinar we begin practicing and exploring the technical concepts to make beginning trades. We discuss set up a demo trading account with a wide range of trading instruments and live data feeds. Here we also learn how to start making simple trades, place orders, calculate stop losses and take profit margin and changing orders. Together we will try some simple trades.
Expert Bio:
Barry is the Director of Investors Trading Academy as well as the Senior Financial News Analyst for FxEmpire. He brings with him over 30 years of financial market knowledge and experience and holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. His analysis was awarded as “Best Education in Europe” by Globe Banking & Finance and he is also a presenter for the MoneyShow. Recently he gained worldwide attention with his “Strategies of Three” and to date over 100,000 traders have attended his webinars and seminars.
Barry taught commodities trading as a hobby, at the Learning Center in California for many years and is responsible for establishing the first ‘Circle of Traders” group, where charting was done by hand and traders had to network to find weather and crop information through personal connections prior to computers. He also currently produces a private Daily Market Review newsletter that is distributed around the globe to over 45,000 subscribers and recently published his newest book called “Forex Trading for the Advanced Binary Option trader,” which is available along with his other books at Amazon.com.
His trading style is that of a traditionalist, using basic charts, and relies on Support and Resistance and Volume along with historical data to help determine economic cycles as his technical indicators and a vast collection of fundamental data.
Barry understands that you use the information you gather through the internet, private sources, and the knowledge of time and experience to formulate a trade and then use technical analysis to help verify the validity of the trade and the time to enter and leave a market.
Barry believes in the psychological philosophy of the “Herd Mentality” and believes that you should always be in the front of the herd. The principles of this philosophy include the following idea: You need to be ready to enter the market in the front and leave before everyone else. Set your trade rules, determine your entry points and your profit points and live by these rules. Never get greedy and never chase the market.
Expert Bio:
Barry is the Director of Investors Trading Academy as well as the Senior Financial News Analyst for FxEmpire. He brings with him over 30 years of financial market knowledge and experience and holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. His analysis was awarded as “Best Education in Europe” by Globe Banking & Finance and he is also a presenter for the MoneyShow. Recently he gained worldwide attention with his “Strategies of Three” and to date over 100,000 traders have attended his webinars and seminars.
Barry taught commodities trading as a hobby, at the Learning Center in California for many years and is responsible for establishing the first ‘Circle of Traders” group, where charting was done by hand and traders had to network to find weather and crop information through personal connections prior to computers. He also currently produces a private Daily Market Review newsletter that is distributed around the globe to over 45,000 subscribers and recently published his newest book called “Forex Trading for the Advanced Binary Option trader,” which is available along with his other books at Amazon.com.
His trading style is that of a traditionalist, using basic charts, and relies on Support and Resistance and Volume along with historical data to help determine economic cycles as his technical indicators and a vast collection of fundamental data.
Barry understands that you use the information you gather through the internet, private sources, and the knowledge of time and experience to formulate a trade and then use technical analysis to help verify the validity of the trade and the time to enter and leave a market.
Barry believes in the psychological philosophy of the “Herd Mentality” and believes that you should always be in the front of the herd. The principles of this philosophy include the following idea: You need to be ready to enter the market in the front and leave before everyone else. Set your trade rules, determine your entry points and your profit points and live by these rules. Never get greedy and never chase the market.