Title: The Magic of Math – Increase Consistency Without Increasing Risk
Date: June 09, 2016
Presenter: Dean Jenkins
Join Dean Jenkins as he demonstrates a simple method, using simple math, for adding to an existing trade without adding to the risk or potential loss on the trade.
This live online session will also review trade size, scaling in and doubling down and why it is crucial that you know how all of these items can impact your trading.
Topics to be discussed include:
- How to correctly determine the correct initial trade size for controlling risk.
- The difference between “Doubling Down” and “Scaling In” and the relative risks of each strategy.
- The simple math for “Scaling In” and how you can use this to improve consistency without increasing risk.
Dean Jenkins is the founder of FollowMeTrades.com. He has over 20 years of investing and trading experience and makes his living both day-trading futures and position trading equities and options. He is TradersCoach.com’s “Head Coach” for their one-on-one coaching division and consults with traders all around the globe helping them reach their financial goals.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.