Beginners Corner Strategies with guest speaker Adam Rosen
317 views · Published 16 January 2012 · 9:33 · Indexed 13 October 2026
Channel: FXStreet · 2012 · Education
View full webinar: http://www.fxstreet.com/webinars/sessions/session.aspx?id=b0b6405d-0203-4606-9e11-704dc83f090f Expert: Valeria Bednarik, Chief Analyst at FXstreet.com Independent Analyst Team Summary: In this webinar, Valeria's guest will present us her strategies for the forex market and in particular, she will talk about "A simple and scientific method to creating your own trading plan with strategies that you will design - no experience required." Adam intendsto discuss a very simple process he has used himself for quite a while, where he chooses a strategy to enter a trade based on the most commonly used technical indicators (such as RSI, moving averages, Bollinger Bands, MACD, etc). He will then discuss how he tests this strategy on a demo/practice account while also maintaining a trading log on an Excel spreadsheet. Once he has completed a 30-day (demo test) period of time, he will then go back to evaluate this strategy based on the demo account results page as well as the Excel spreadsheet in order to determine if this strategy should be applied to a live account, and if so, the optimal settings that should be used. Furthermore he will also share a number of his own ideas (basic trading strategies & concepts) so even the 'brand new' Forex trader will be able to begin applying this method in their own from day 1. In short, this system allows the trader to apply a very scientific testing procedure to any kind of trading model so we may take the 'guesswork' out of trading, and speculate in the Forex market based on probabilities and statistics, rather than simply by chance or 'luck'.
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