Traders Attend XM Forex Seminar in Berlin'17

This autumn, XM started a seminar series in Germany on 21st October, the first destination of which was Berlin, where we were glad to welcome online investors, including many of our existing clients, who joined the educational event.

Organized at Maritim Pro Arte Hotel, Berlin, the seminar attracted online traders interested in learning useful details about forex trading practices based on efficient strategies.

Forex instructor Gil Paz provided event guests with a series of guidelines on the financial and psychological aspects of online investing, which are correlated and thus necessary for proper risk management and sustainable trading results.

The main ideas emphasised during the seminar were the importance of self-awareness (needed to realistically assess risk tolerance, and set up trading goals that can be achieved with more profit than loss); systematic thinking (needed to exclude decisions based on luck); developing an individual trading strategy; regular practice; and last but not least, persistent learning and self-development.

In addition to the must-have requirements that traders need to keep in view, Gil Paz presented a few case studies to the audience that might help them avoid trading mistakes. This was followed by a detailed explanation of the use of a set of technical and fundamental analysis tools and ways to combine them before taking trading decisions.

Hereby, we would also like to congratulate the two lucky winners of the XM Lucky Draw, which took place on the event premises, after the seminar concluded.

Lucky Draw Winners

It was a pleasure meeting with our clients in Berlin, and for all those who may have missed the event, we kindly invite beginner and advanced traders to our upcoming seminars due in Munich on 11th November and in Hamburg on 9th December.