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Recorded Webinar - Risk Management

$49.00

A seminar focusing on the use of options in managing risk

By Lawrence G. McMillan

Most traders spend a great deal of time analyzing a position before entering – whether it be fundamental analysis on the underlying stock, theoretical value analysis on the price and volatility of the options, or something else.  However, it is quite often the case that the actual decisions of how large of a position to take is made by some seat-of-the-pants method rather than any strict criteria.  In addition, once the position is in place, much more of one’s profitability is determined by how the position is managed than how it was selected.  Many professional traders feel that this is the most important aspect of all.

In this seminar, Larry will discuss risk management from the basics to some of the more advanced methods.  Regarding position sizing, we’ll look at Martingale, Fibonacci, Kelly, Optimal f, and more.   The concepts will be applied to individual positions as well as to portfolio position sizing.

Then we’ll discuss how to manage positions that are already in place.  Topics to be discussed include, among others:

  • trailing stops 
  • partial profits (are they good or bad?)
  • rolling up or down
  • using Greeks to determine position and portfolio delta, vega, etc
  • portfolio protection
  • changing your risk management as a function of time

Recorded on June 15, 2011
Approximately 1 hour running time 

Webinars instructed by legendary analyst Lawrence G. McMillan and his team

Learn directly from one of the most revered experts in the field of options without leaving your house or office with Larry McMillan's Webinars. Each webinar runs at least an hour in length and features an extensive Q&A session at the end. All webinars are recorded and will be available for viewing for 30 days after the initial session.

Testimonials

"Larry did such an excellent job of explaining volatility that my wife, who is an investing novice, was able to understand what historical and implied volatility are! Further, she understood when, why and how to use straddles as a direct result of this online seminar. Great Job!" - M. Eidem

"My experience with options dates back to 1984 when I clerked in the OEX pit for a MM. Even then Larry was legendary. It is a pleasure to listen to him because this is the real thing, as opposed to the plethora of salesman who are so-called advisors. It was fun being on-line with a legend." - T. Kelly

SYSTEM REQUIREMENTS:

PC-based attendees: Windows® 2000, XP Home, XP Pro, 2003 Server, Vista, Windows 7
Macintosh®-based attendees: Required: Mac OS® X 10.4 (Tiger®) or newer
High Speed Internet: Cable modem, DSL
Audio via phone, computer speakers or headset

Note:  If you are having trouble playing your Recorded Webinar you may need to download and install the XVID codec

List Price: $49.00
Price: $49.00

Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results.
Visit the Disclosure & Policies page for full website disclosures.

Testimonials*:  Testimonials are believed to be true based on the representations of the persons providing the testimonials, but facts stated in testimonials have not been independently audited or verified. Nor has there been any attempt to determine whether any testimonials are representative of the experiences of all persons using the methods described herein or to compare the experiences of the persons giving the testimonials after the testimonials were given. You should not necessarily expect the same or similar results.

Performance Results: Past performance results for advisory services and educational products are shown for illustration and example only, and are hypothetical.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.