This is an excerpt of our webinar with Erich Senft of Indicator Warehouse. To view this webinar in it's entirety, please visit http://bit.ly/JnqF1k. The lack of position sizing is one the leading causes of trading failure. For the majority of successful traders, you are likely to see a healthy position sizing strategy in place. Contrary to what many traders think, money management is not just about keeping losses small. It is also about how to maximize the wins. You are always going to hear varying strategies on how to accomplish this, but, for many, strong results can come from a simple approach that you can implement right away. Join Adam Halpern and Erich Senft from the Indicator Warehouse for this live event as they introduce a simple and sane approach to money management. This session will also introduce two tools designed to help traders achieve long-term consistency through money management -- the Profit Manager and Risk Manager designed for use on the NinjaTrader platform. Adam Halpern is the driving force behind Indicator Warehouse. During his own quest for the Day Trading Holy Grail, Adam came to realize that traders must make their own "grail" by creating their own personalized trading tool boxes. Indicator Warehouse helps day traders put together customized sets of technical analysis tools for NinjaTrader to enhance their charting capabilities and make their trading experience more consistent. Erich Senft has been actively involved in the Futures markets for 15 years. He is a registered CTA and the main man behind Traders Helping Traders.com and SupportandResistance.com. He has partnered with the IndicatorWarehouse.com as a one-on-one trading coach and all around "trading mechanic". He is recognized by many as an expert in the field of support and resistance trading.
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Duration: 10m 1s
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