Day Trading and Swing Trading Futures with Price Action: Risk Management

——   Created by Humberto Malaspina

Improve your risk and money management plan and learn to use a trade Log with Microsoft Excel.

46m of on-demand video

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Your instructor

Your teacher
  • It you!
    Humberto Malaspina

    Emini S&P 500 Trader.

  • Biography

    Working in the oil exploration industry for many years made me see many ups and downs in this business. Oil prices are a Russian roulette, each time they fall to the red zone of production cost, companies fire employees left and right, leaving a lot of people suffering. As a witness of this situation, I always looked for additional sources of income, and I found one trading the Emini S&P 500. Nowadays, after a lot of work and dedication, I managed to understand price action (the language of the markets) and money management, both important skills to have for anyone interested in trading any financial instrument. In my case, I only trade the Emini S&P 500, nothing else, all my focus is on this particular futures. This has given me the opportunity to specialize all my trading methods in recognizing this equity price action and patterns that once understood properly provide a trader of very low-risk entry opportunities. During all these years I also discovered the holy grail of trading the markets, and this is a good money management plan, without it, any trader is doomed. Having a good trading plan (profitable trading methodology + a well-defined money management plan) any person can have a good chance to make money trading the financial markets. My passion is trading the Emini S&P 500. Mastering the art of trading takes a lot of effort, it is not a get quick rich scheme, I had to invest time to put it to work in my favor, but it is not impossible. Anybody with the right attitude and willingness to do what it takes to make it work can do it.  

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    Course content

    3 mins
    Introduction.
    free preview
    2 mins
    My all in one risk and money management plan plus trade log included (BONUS)!
    9 mins
    Describing step by step my risk and money management plan.
    7 mins
    Calculating position size based on present risk and capital.
    11 mins
    Outcome estimation using the trade calculator.
    13 mins
    Use a trading log with revealing statistics.
    4 mins
    Annual statistics, drawdowns and capital growth chart.
    2 mins
    Words from Humberto.
    2 mins
    Summary.

    What you'll learn

    All in one: Risk management plan and trade log. Students will improve their risk management plan and will learn to use a trade Log with Microsoft Excel.

    This course provides advanced information related to risk management. Students after completing this lecture will have a very solid understanding of the importance of these skills which are vital for surviving as a trader of the financial markets. 

    In this course, students will download my all in one risk management plan which also includes a trade log. This is a bonus for taking this class. Students need to have Microsoft Excel installed on their computers in order to use it. Students will notice that this risk management plan is adapted for trading the Emini S&P 500 but they can make all the modifications needed for trading any other financial instrument. This risk management plan will be updated for download as soon as a new version is available.

    During this course, I will explain step by step all the components of my risk management plan for students to use it or to modify it depending on their needs. At the end of this class, students will know the meaning of each component of this risk management plan so they will be able to understand all calculations related to proper trading size based on present risk later during this class.

    The students will practice how to calculate position size. Students will learn that every trade is different and they need to properly size their trades based on present risk and available capital to ensure they stay for the long run in the trading business. Students will use the risk management available for download in this class.

    I will explain to students how to estimate possible trade outcomes using the trade calculator that is included in the spreadsheet of the risk management plan.

    Students will learn how to use the trading log that is included in the Excel file of the Risk Management Plan.

    Students will take a closer look at annual statistics, drawdowns, and capital growth tabs located in the Excel file of the Risk Management Plan. All these three topics are the cornerstone for having an overall idea of your performance with a glance. 

    Risk Disclosure Statement.

    All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice.

    U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Trading financial instruments of any kind including options, futures and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don't trade with money you can't afford to lose.

    NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange or Futures market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) or Futures trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.

    All information on this course is for educational and research purposes only and is not intended to provide financial advice. Any statement about profits or income, expressed or implied, does not represent a guarantee. This course is neither a solicitation nor an offer to Buy/Sell options, futures or securities. No representation is being made that any information you receive will or is likely to achieve profits or losses similar to those discussed on this course. The past performance of any trading system or methodology is not necessarily indicative of future results. Get the advice of a competent financial advisor before investing your money in any financial instrument.

    Terms of Use: Your use of this course indicates your acceptance of these disclaimers. In addition, you agree to hold harmless the publisher and instructors personally and collectively for any losses of capital, if any, that may result from the use of the information. In other words, you must make your own decisions, be responsible for your own decisions and trade at your own risk.