At Admiral Markets we believe that continuous education is the key to success in trading Forex, stocks and other financial instruments; therefore, our mission is to provide both beginners and experienced traders with numerous educational opportunities: e-books, webinars, seminars etc. To fulfil this purpose, Admiral Markets was delighted to organize a series of seminars in the Baltic states – Lithuania, Latvia and Estonia – hosted by John Bollinger, the inventor of the Bollinger Bands that is one of the most popular technical indicators among traders.
John himself says that “Bollinger Bands indicator should necessarily be used together with other indicators because the prices may go beyond the bands due to various reasons”. Therefore, on making his presentation, Mr. Bollinger aimed at giving an overview of different types of analysis and to show how they can be combined with his technical tools to increase the percent of winning trades and to separate emotions from trading. According to John Bollinger, it is crucial to “keep the trading process as simple as possible, and to remain consistent and disciplined”.
So, the Baltic “tour” started in Vilnius where Mr. Bollinger gave his first speech at the seminar organized in cooperation with the Investouk magazine. The event attracted over 200 participants willing to get valuable advice from the acknowledged industry expert. It was a very special moment as at the end of the seminar John Bollinger’s famous book “Bollinger on Bollinger Bands” was introduced to the public in the Lithuanian language for the first time.
The next seminar took place in Riga, Latvia, where it was also supported by Kapitals magazine. We strongly believe that no trader should miss a chance to ask a professional’s advice and should take the most out of the seminar. So to give the guests an incentive to actively participate in the discussion, Kapitals magazine raffled off three 3-months subscriptions to award the most active people.
The final seminar was conducted in Estonia at Pärnu Finance Conference 2014 which gathered Estonian financial industry experts as well as the most successful entrepreneurs. To spice the things up Admiral Markets organized a draw of Bollinger champagne for everybody who attended Mr. Bollinger’s session. To everybody’s surprise it appeared that the owners of the brand are John Bollinger’s far relatives, so he felt excited about the draw and the choice of the prize.
Nothing can be better than the clients appreciating our efforts aimed at educating them. This time we were extremely happy to hear that both the participants and John Bollinger were satisfied with the event. Our clients confessed that they often used Bollinger Bands in combination with fundamental analysis and various technical indicators to obtain better trading results, so the seminars were a great chance to get a deeper insight into the use of the tool.
On the other hand, John Bollinger was also very excited to have the chance to share his expertise with the Baltic traders and convince them of the importance of life-long learning. He says that a trader should “master several useful trading instruments and create his own trading system in order to be successful”; that is why constant education is of the foremost importance and you should grab any opportunity you have to deepen your knowledge.