Trading and investing can be overwhelming, especially if you are new to the scene. A lot of seasoned traders and investors say that they have lost a big portion of their stack by being overconfident in their know-how.
Often it is seen as a rite of passage, you need to hit rock bottom before you can value risk management.
However, is this really the case? Isn’t it just a lack of strategy, discipline, or an external signal telling you that you shouldn’t go through with the trade because your risk/reward ratio is not optimal?
That is why we’ve started with consultations.
Let us help you by discussing your strategy, your previous trading activity, or ask us anything about investing in general.
Michaël van de Poppe and our team have extensive experience with Technical Analysis. During a call we can discuss which indicators we use, what we are looking at when we want to start a trade, and how to filter out good charts from bad charts.
Besides Technical Analysis, we also have team members that are heavily focused on Fundamental Analysis. Ask us what to look at when reviewing a project for investment purposes.
Macroeconomics – Market sentiment
An important part of trading and investing is knowing what the markets are up to. Macro economic events move the markets more so than any other events. How to adapt in the current market sentiment when everything is booming or when everything is crashing? Which markets are interesting given the current macroeconomic outlook? We can discuss these questions during a consultation
The most important skill to have is, to properly manage your portfolio once you start trading and investing. The majority of the investors put all their money in one altcoin or asset, hoping that they get rich fast. However, chances of them going bust are magnitudes higher than them getting rich. There are different guidelines for portfolio management, which can be discussed during a consultation
The most important part of trading and investing is Risk Management. People often trade with an amount that’s too high and without a plan. They decide to buy a certain asset with the expectation of making a certain amount of money, but these people forget to think of several scenarios that could occur with the markets. Risk management tools are essential with trading and investing. This subject can be discussed during a consultation.
Deciding which investment and trading strategy suits you best can be difficult. You have to account for your own risk appetite and goals that you want to achieve with trading and investing. These are aspects most people don’t think about, but trading and investing should be done for the long-term. The team of BonSancaGroup has a plan before they start trading and investing and can assist you in building your own plan.
Discussing previous trading performance/activity
We all have felt the pain of losing money with a trade. It is important to review what you’ve done in your previous trades, so that you can learn from your mistakes. The majority of the mistakes are made in the beginning. By analyzing your previous results, we can highlight what you’ve done wrong and spot crutches you struggle with.
Making a trading plan.
Whether you’ve decided to go day trading or swing trading, with both you’ll need a trading plan. Without a plan you can’t manage risk nor could you ever grow your portfolio. Have a chat with our team members to discuss what is important to you and how to work out your own trading plan.
Consultation - 1 Hour
- Technical Analysis
- Fundamental Analysis
- Macroeconomics – Market Sentiment
- Portfolio Management
- Risk Management
- Trading/Investment Strategies
- Analyzing Previous Trades
- Making a Trading plan