About the Speaker

Wieland Arlt
Professional Trader, Bestselling Author, and IFTA President
Torero-Traders-School.com
Wieland Arlt, CFTe, is a trader, bestselling author, president of the International Federation of Technical Analysts (IFTA), a board member of the Association of Technical Analysts in Germany (VTAD), and world traveler. His declared goal in his trader training is to support traders in achieving their financial goals in a self-determined way and to trade successfully on the financial markets in the long term. Mr. Arlt can be reached at: wieland-arlt@torero-traders-school.com
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Speaker Schedule
Tuesday, June 11, 2024, 10:40 am - 11:10 am EDT
How to Prepare for the Best, Worst, and Everything in Between–What Traders Need to Consider Before Opening a Trade
Wieland Arlt |Torero-Traders-School.com

In trading everything is possible… When planning a trade, traders usually care for the entry, stop loss, and take profit. Fair enough, as these are the main elements of a proper strategy. But what happens DURING the trade? Most traders are unprepared for all the moves within the trade. They are unprepared for losses turning into profits and vice versa. And while watching their accounts grow and decrease within a second the subconscious mind kicks in and brings all the fear and doubt with it. As a result, traders tend to make severe mistakes in trade management, which leads to unplanned losses instead of the desired profits. 

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