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Webinar: Private Banker's Perspective on Risk Management Presentation
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Webinar: Private Banker's Perspective on Risk Management Presentation

  #31 (permalink)
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bibulous View Post
Simply fantastic! I sure hope that you can convince Ben to do more webinars..

I posted earlier today that Ben will return in August for another webinar about Balance vs Imbalance, and how to trade it.

Mike

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  #32 (permalink)
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Big Mike View Post
I posted earlier today that Ben will return in August for another webinar about Balance vs Imbalance, and how to trade it.

Mike

Brilliant!

And a reminder to myself to read more carefully..

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  #33 (permalink)
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Great webinar Ben!

The content was very useful and the presentation clear and concise.

Many thanks and I look forward to your future webinars.

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  #34 (permalink)
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satellite trade Risk?

Grate webinar Ben.
Do we need to treat re-entry (satellite) trade in the working core position direction as new trade with 2/3s of position? What will be stop for this?
Do we need to enter satellite trade based total risk on the trade (core + satellite) or just satellite?

thanks,
GSREDDY.
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Big Mike View Post
What did everyone think of the webinar?

Mike

I thought it was excellent, very clearly laying out the various kinds of risk and at least outlining ways of dealing with them, from the highest levels to the technicals of individual trade management. Highly recommended.

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  #36 (permalink)
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Excellent listen, way above my pay grade, thanks for the time and a very professional presentation Ben.

Travel Well
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  #37 (permalink)
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Just finished listening to the recording. Great webinar. In depth and good content.

Much appreciated PB. Looking forward to the next one

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  #38 (permalink)
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Thanks for a great webinar, Ben ! Although I was a little late to the party, I really enjoyed this professional webinar as well as your well-prepared Q&A hour in which you answered all questions very objectively and patiently.

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  #39 (permalink)
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Just finish seeing the recording.

Brilliant, absolutely brilliant.

Let's face it, after seeing the footprint presentation you would know in advance that this webinar would be also mandatory to to watch.




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  #40 (permalink)
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GSREDDY View Post
Grate webinar Ben.
Do we need to treat re-entry (satellite) trade in the working core position direction as new trade with 2/3s of position? What will be stop for this?
Do we need to enter satellite trade based total risk on the trade (core + satellite) or just satellite?

Excellent question! The approach to this will vary based upon the day type. For example, on a trending day, once you've scaled out of your initial position, you'll want to find a location to add to your position. The way I approach this in an imbalanced market would be to add as price comes back and touches value. That would be the best price in an imbalanced scenario. You can then place a stop or just have a visual "line in the sand" that you do not want the market to trade through. In the example below, this would be this exact situation. The line in the sand for me was the developing POC/VWAP which was based upon RTH.

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For rotational days, adding to a position should only be done at or near your original trade location unless something changes and the market breaks out. This is fairly straightforward.

As Big Mike mentioned, I'll be doing a follow up Webinar that will be centered around approaching a day type or as he explained, trading an imbalanced market vs. trading a market in balance.

Cheers,
Ben

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