Omar carried a few exercise with our attendees to finalise the steps they need to take to evaluate and maximise their trading strategy.
In this mornings session Glen went through a comparison of Covered Calls vs Naked Puts.
You don’t need to be able to predict the future to profit from commodities – however we can use the past to make future logical decisions.
As traders at times we have a expectations. These expectations tend to distract us. Think to yourself “I will have no expectations as to the results of a trade.”
In typical Summit style all attendees came out in their best dress ready for an evening of dancing, laughter and off course the 2011 Lifestyle Summit Draw. The Draw carried 10 prizes ranging from iPads, a week holiday in Coffs Harbour, 3 months with an LTS specialist and the big ticket item $10, 000 into a trading account.
A big congratulations to all the winners from last night.
Omar broke up portfolio strategies into three-portfolio categories conservative, moderate and aggressive strategies
Glen’s experience in options and derivatives spans over 15 years.
As forex traders we can’t trade only on fundamentals. We can take advantage of charting or automated trading systems to determine what we do in the Forex market.
The world of trading, as we know it has changed. The new frontier is a world of auto trading or robot trading.