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Key Questions to ask before a Trade Set-up
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It is likely that you will have a favorite trading strategy or even strategies that you meticulously follow, and this is what you should be doing. But there are important questions that need answering before any trade set-up should be considered.
During the live and interactive session with a professional trader, we take you through 5 questions to get in the habit of asking and why.
• A trading strategy is essential but
• There are questions to ask
• And where during live chart session, we take you through 5 questions to get answered before a trade set-up
Philipp Pfitzenmaier
Philipp attended the first Trade With Precision (TWP) courses at the end of 2012 as a part of his ongoing commitment to become a better trader. He joined the TWP team in 2014, where he presents webinars both in English and German, his native language.
All of his trading has always been rule and strategy driven with strong emphasis on risk and money management, so trading TWP style is a natural fit for him. He developed, back-tested and trades several completely automated trend following strategies. For the back-test and system automation he designed and developed a complete Java based back-testing framework.
Philipp is currently trading Forex and the German and US stock markets, where he not only trades the underlying but also applies option strategies. He is currently looking to move from commodity and index ETFs to trading the corresponding Futures markets.
____________________________________________________________
Risk warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
During the live and interactive session with a professional trader, we take you through 5 questions to get in the habit of asking and why.
• A trading strategy is essential but
• There are questions to ask
• And where during live chart session, we take you through 5 questions to get answered before a trade set-up
Philipp Pfitzenmaier
Philipp attended the first Trade With Precision (TWP) courses at the end of 2012 as a part of his ongoing commitment to become a better trader. He joined the TWP team in 2014, where he presents webinars both in English and German, his native language.
All of his trading has always been rule and strategy driven with strong emphasis on risk and money management, so trading TWP style is a natural fit for him. He developed, back-tested and trades several completely automated trend following strategies. For the back-test and system automation he designed and developed a complete Java based back-testing framework.
Philipp is currently trading Forex and the German and US stock markets, where he not only trades the underlying but also applies option strategies. He is currently looking to move from commodity and index ETFs to trading the corresponding Futures markets.
____________________________________________________________
Risk warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.