In the past few years, the Hungarian capital, Budapest, has often been the venue of free seminars hosted by XM, with the latest such event having been held on 19th November.
The free seminar that took place at InterContinental Budapest, was attended by a great number of traders from Budapest and the surrounding regions to whom professional instructors Attila Szoboszlai and Zsolt Sándor presented the topic Price Risk Levels and the Use of Fibonacci.
The seminar presentation focused on some crucial aspects of online trading such as risk management, the importance of excluding speculative trading, and the importance of strategic thinking in online investing practices. The main components of risk management, including among others money management strategies, setting up stop-loss and take profit points, and calculating the expected return on investment, were demonstrated with real-life examples, helping participants get a better grasp of how these can be put to practice.
We would like to express our thanks to all those clients who attended the Budapest seminar hosted by XM.
Risk Warning: Forex, Commodities, Options and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full Risk Disclosure.