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About Dan
Dan Cook started trading equities in the 90's before moving into futures and currencies in the 2000's. He's worked with hundreds of individuals as a coach and mentor utilizing a technical approach to the markets with an absolute focus on risk management. In his current role as director of business development for Nadex, he is tasked with introducing Nadex to the broader trading community and providing educational opportunities for traders to learn about the unique, limited risk contracts offered on Nadex. Prior to joining Nadex, Mr. Cook was the CEO and senior market analyst at IG Markets.
Dan's Videos
Facts: losses are a part of trading. Most people who attempt to become traders, fail. Almost everyone who wants to become a trader thinks first and foremost about how much money they can make. These are all facts. All successful traders have one thing in common, they know how to handle losses, and this is because they focus first and foremost on risk, not on profit. Based on a quote by famous trader Amos Hostetter who said, take care of your losses and the profits take care of themselves. This presentation by Dan Cook will focus on the key principles of risk management. By simply changing the way we view losses and look to them as learning opportunities, we can drastically improve our chances of success. The second part of this presentation will demonstrate a unique contract, designed for individual traders which incorporates into its structure many of the key concepts discussed. All attendees will also have access to a free, lifetime demo account to place practice trades at Nadex exchange.
Dan Cook
OPTIONS
45:13
During this presentation, Dan Cook of Nadex, will discuss the key concepts of risk management every trader should know. After taking a deep dive into the concepts, Dan will showcase a type of contract for trading futures, forex and even bitcoin, whose very design implements the key components essential to proper risk management. Finally, Dan will discuss both directional and direction-neutral strategies traders can use to find trading opportunities, often with lower capital requirements and less risk involved than in the outright futures and forex markets.
Dan Cook
FUTURES
45:59