Learn from the Best at the Forex & Options Expo
"Attend as many talks as possible," advises fxKnight.com's Senior Currency Strategist Andrei Knight. "Don't just say, 'I'm going to hear this guy.' This isn't a rock concert. You're not going for an autograph. Listen to as many different people and as many different approaches as you can. Pick out the good bits and assemble them into your own system."
Knight is speaking at this year's Forex & Options Expo, which is scheduled to take place this week starting on September 13. He will bring a wealth of knowledge and experience to the expo where he will discuss Fibonacci, his favorite technical analysis tool.
"I'm doing two topics," Knight told Benzinga. "I am doing a free talk at the conference, and I have also been invited to teach an intensive, four-hour breakout section for the traders that want to go deeper."
The free talk will focus on Fibonacci. "I'm going to give people an overview of how to use Fibonacci," Knight said. "Even during the financial crisis, gold, oil, the Dow, the dollar -- using Fibonacci extensions, we've been able to predict both the very top of 2008 before the crash began within a few cents, and the very bottom when things finally started to collapse. We were able to predict those numbers and bounces within a few cents. I think in term of bang for the buck, you invest an hour for the talk, and what it can do you for is transform your trading. I am excited to be presenting that."
Knight said that the four-hour breakout session, "is literally going to be all my trading techniques."
"I'm going to reveal my entire trading system -- exactly what my traders use with my fund, exactly what I teach my students. And then they're going to get a good dose of my philosophy of trading as well, things like probability, money management, risk/reward ratio, psychology."
"So it's going to be about two-thirds technical, and one-third trading philosophy. The idea is to give traders everything they need to come home and start transforming their trading the following Monday. I also give them software tools. I give them charting templates that are going to make their charts look just like mine. I already have my favorite indicators preloaded and preconfigured."
Knight wanted to assure Benzinga that he is not claiming that people will never lose again or that their trading skills will be transformed overnight.
However, "I'm going to give them all the tools," he said. "I don't hold anything back. It's not one of those things where, 'Here's the teaser, now buy my other course or buy my book.' I'm gonna give 'em everything, but I am also going to give them the caveat that what you get out of it is what you put into it. You're gonna have to spend time practicing. You're gonna have to spend time taking notes. I'm giving you the tools, but you're still gonna have to learn how to apply them. That, like any profession, takes time and effort."
Before Knight started speaking at the various MoneyShow expos, he used to attend for his own personal benefit.
"I have been attending MoneyShow expos for close to a decade," he said. "I was going to meet with other traders, discuss ideas. I always want to hear how others look at their market. It's a chance to play with all of the latest software tools and gadgets."
"Since I've been presenting, I love it even more," Knight concluded. "I go to every single one they invite me to -- anywhere in the world."
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