Newcastle Chapter, Face to Face and Online Meeting - July 2021

 Please note this meeting will only be available to ATAA financial members and registered visitors.

ATAA Newcastle Chapter Face-to-Face & Online Meeting -  Saturday 10 July at 11:00 am*

Please note that the online presentation by Sunil Mangwani will take place at 11.45 am - register for the event and use the meeting link that will be sent to your email address to join.

Meeting Location

Kahibah Sports Club at 63 Kenibea Ave, Kahibah, NSW

Please be aware the Club is not allowing entry to visitors from NSW LGA hot spots; please check the NSW Health website for affected Local Government Areas.

Agenda

11:00 am: (*Please note the later-than-normal start time - entry to Club from 11:00 am)

Club opens, mingling, chatting and general discussion over morning sandwiches

11:15 am: Welcome and announcements – Dennis O’Flynn

11:30 am: Where are we now?

11:45 am: Sunil Mangwani via internet from India

Topic: Risk Management – the importance of following the correct elements.

Ask any professional trader the secret to success and they will most likely mention Risk Management as the key factor.
Effective Risk Management is a combination of different elements like Win/Loss Ratio, Correct Position Sizing, Risk-to-Reward Ratio, etc., with each of these varying in degree of importance.

Knowing which are the more important elements is crucial to consistently growing the account.
For example, a common misconception is the importance of the Win/Loss Ratio. Most traders tend to give priority to this, rather obviously, as having a larger number of winning trades is beneficial to the account.

The simple fact is that losing trades are dependent on market forces and something that a trader cannot control. Hence concentrating on this would be incorrect.

In this webinar, we will focus on each of these elements and find out the most important one that a trader should concentrate on.

Understanding the proper one ensures account growth and, more importantly, determines what kind of market should be traded and on what time frames to trade.

Biography: 

Sunil Mangwani is the CEO and founder of Fibonacci Forex123, an Institute providing practical and effective trading techniques.

Employing his twenty years of experience trading in the currency markets, Sunil specialises in mentoring and coaching traders around the globe. He has been a regular contributor to reputable trading magazines and has participated as a speaker at various trading conferences and expos.

He has been associated with many prominent trading institutes worldwide. While trading with price action and Fibonacci ratios based on his vast knowledge and in-depth study of the financial markets, Sunil has developed proprietary trading techniques that continue to perform and stand the test of time. These techniques include specific ‘Trade Plans’ which incorporate ‘Money Management’ and the ‘Mind’ factor, which make them unique.

Website: https://www.fibforex123.com/

Email:

1:00 pm: Lunch in Club Restaurant (optional)

1:45 pm: ASX chart time

3:00 pm: Meeting concludes

Further Information: (Newcastle Chapter President) 
Next Meeting Date: Saturday 14 August 2021
Next Meeting Speaker: To be advised
Future meetings: Generally, the second Saturday of each month

How to attend this meeting

All attendees are required to register for this event. The meeting is free to financial members of the ATAA. Non-members are welcome however there is a $15.00 visitor fee which is required to be paid before the meeting. 

ATAA Members - To Register for this meeting:

• Logon using your existing details and click on the “REGISTER” button at the bottom of the event page.
• On the registration confirmation page, click on the “PROCESS REGISTRATION” button.
• A link with the meeting details will be sent to your email address.

Non-Members - To Register for this meeting:

• Non-members will need to be a registered visitor to attend this session. If you are already a registered visitor, please log on with your existing details.
• If you are new to the ATAA, please sign up to the website as a registered visitor at no cost, by clicking on the “Join ATAA” button in the top right-hand corner of the home page. Follow the prompts and enter your details to become a Registered Visitor. This will also allow you access to view the benefits of becoming a member including being sent our monthly newsletter.
• After logging on, select the event you are interested in attending from the home page and click on the “REGISTER” button at the bottom of the page.
• On the registration confirmation page, enter your payment details or your first-time visitor coupon code and click on the “PROCESS REGISTRATION” button.
• A link with the meeting details will be sent to your email address.