Recorded on: Thurs., Nov. 2, 11:00 AM - 11:30 AM PDT
Using Technical Analysis to Create a Risk Budget
The ability to create a risk budget for a trade, strategy, or portfolio is one of the toughest challenges traders face in managing their capital. Todd Gordon, frequent contributor to CNBC, will outline the tools he has developed over many years to create viable points on the chart to place his stops and define his risk budget for a trade. Once he has shown you how to create a risk budget for a trade, he will then share how he determines targets, and ultimately, the viability of every position he enters.