Thursday, June 28, 2007

"Position Sizing - the Simple Secret" by Steve Griffiths


Steve Griffiths
Managing Director, MTPredictor Ltd.
www.MTPredictor.com

"Position Sizing - the Simple Secret"

'With over 20 years' trading experience, Steve will show exactly why your chances of trading success are minimal unless you know what Position Sizing is.
He will explain clearly why the amateur's desperate search for a high winning accuracy or forecasting future moves is futile compared with proper money management. Give up the quest to be right...and start the quest to make money.

Biography:

Steve Griffiths is the developer and managing director at MTPredictor Ltd., the global specialist trading software firm which helps find, assess and manage low risk/high return trades. He mentors traders worldwide on a daily basis.

He started professional life as a mechanical engineer in the UK, however he started managing his own trading fund in 1987. Finding an edge in real day-to-day trading has been his quest since.

Steve naturally became more involved in supporting other traders as time passed, including representing various software firms in the U.K. Nevertheless, his aim became his passion - to identify a high probability trade set-up allowing entry with a small, controlled risk…then applying simple, consistent trade management techniques…to yield trades that, on average, deliver profits far in excess of the losses.

In 2001, Steve launched his own MTPredictor™ trading software. Unlike many other programs on the market, trade identification, risk analysis, position-sizing, trade management and ease-of-use are the hallmarks of MTPredictor. Steve believes that the most important aspect to trading is a simple, tight approach. The ability to identify a tradable opportunity that allows entry into the market with a small, controlled risk, backed by a strong risk/reward profile - time after time - is paramount.

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