Steve
will discuss exactly why money management
is vital for trading success. He will show how, without
it, a novice trader is doomed and why professional
traders know it is the single, most important part of
any trading strategy.
Biography:
Steve
Griffiths
is the developer and managing director at MTPredictor
Ltd., the global specialist trading software firm
which helps find, assess and manage low risk/high return
trades. He mentors traders worldwide on a daily basis.
He
started professional life as a mechanical engineer in
the UK, however he started managing his own trading fund
in 1987. Finding an edge in real day-to-day
trading has been his quest since.
Steve
naturally became more involved in supporting other
traders as time passed, including representing various
software firms in the U.K. Nevertheless, his aim became
his passion - to identify a high probability trade
set-up allowing entry with
a
small, controlled risk…then applying
simple, consistent trade management
techniques…to yield trades that, on average, deliver
profits far in excess of the losses.
In
2001, Steve launched his own MTPredictor™ trading
software. Unlike many other programs on the market,
trade identification, risk analysis, position-sizing,
trade management and ease-of-use are the hallmarks of
MTPredictor. Steve believes that the most important
aspect to trading is a simple, tight approach. The
ability to identify a tradable opportunity that allows
entry into the market with a
small, controlled risk, backed by
a strong risk/reward profile - time after time - is
paramount.