brian gelber

Gelber, chief executive officer of the Gelber Group, began his career on the floor of the CBOT (Chicago Board of Trade) as a broker and trader in 1977. CBOT to broker a substantial and respected in America."Probably one of the biggest mistakes I ever made was changed from broker to trader" he said. "I am a representative of a broker / broker who bear and have sufficient ability, good skills in dealing with people who are used to trading and face the situation of the various markets .."

It is also a costly step. He estimates has lost $ 3 million - $ 4 million in the first six months of 1986. A total of 20% of its capital made for long-term trading and 80% for the intraday.Then he changed the system that is 80% for long-term and 20% for the short term. Then something happens where on October 19, 1987, when he made $ 4 million in 20 minutes.Gelber and the team only uses the Moving Average indicators in trading. "One of my biggest indicator is the people," he said, "their interpretation of their indicators, indicators of how they present it, and seeing their excitement factor".Being a good listener and "ability to take losses" are two Gelber properties that make it a smart trader."For me, it's instinctive," he said. "I have a fairly low threshold of pain, and my body talk to me: .. It's time to keluar.Ini not dollars. It's just instinct, the only solution is to get out.A team approach to trading is one key to success Gelber. Gelber has five traders including Forex traders (forex), interest rates, stocks and commodities. Gelber is always responsible to teach risk management to every trader on the CBOT.The first thing they do is they learn the management of risk, and they learn from me, "he said, adding" It is one thing that I think is very good. One of Gelber opinion about most traders is that most traders do not want to admit they were wrong. Even they are also willing to lose early in their trading career and a successful future. Also, some traders fail because they are afraid to lose. Gelber is not afraid of losing. When you begin to fear losing, you will most likely lose.Gelber also feel that listening to many opinions is something that is not good. Is more important to look at market movements.Belajarforex SaysGalber stressed the importance of risk management. That means you should set to put Stop Loss and Take Profit ideal. You also need to know how many lots should be used for open positions.He also said it is not useful if too much attention to many opinions from traders or analysts, simply just watch market available on the screen you like metatrader trading online or otherwise.