The energy that drove a young man to change his career direction three times and end up vice president of a financial services company by the age of 24, still drives Greg Secker today. World Finance catches up with him to discuss his new venture
The energy that drove a young man to change his career direction three times and end up vice president of a financial services company by the age of 24 still drives Greg Secker today. World Finance catches up with him to discuss his new venture
2012 Foreign Exchange Awards: Best Education Provider: Knowledge to Action
In 2010, we set up the Knowledge to Action Foundation, improving the quality of life for disadvantaged children around the world. Knowledge to Action is Europe’s largest trader-coaching company and specialises in teaching people to trade foreign exchange and stocks. We employ 150 people worldwide and have offices in London, Cape Town, Johannesburg and Sydney.
With the global markets in free-fall, the last few weeks have been particularly gruelling for the world’s financial sector. With an ever-increasing number of people looking to take matters into their own hands by learning to navigate the markets themselves, here are some tips for trading success
Entrepreneur, successful Forex trader and world renowned motivational speaker, Greg Secker, tells Waterfront how his company, Knowledge to Action, uses the skies above to give advice on the stock market
Why foreign exchange? Three basic reasons – it’s comparatively cheap to trade, the markets are open all the time (except at weekends) and it’s the most active financial market in the world.
First, trading currencies is almost certainly quite different from anything else you’ve done for a living. Traders in foreign exchange (forex or FX) are dealing with the inherently unpredictable – the movement of the price of a currency like the Australian dollar in terms of another, such as the US dollar.
Here’s the real story about foreign exchange for you. It’s not about cheaper imports or dearer exports, but about the trading profits that can be made if you’re willing to take the time to learn how from experienced traders.
What’s essential for trading success? There are at least three crucial factors. It’s impossible to trade successfully in the long term without a system that tells you when to enter and when to exit the market – a trading system. Second because you’re a risk taker, you need to manage risk, with written rules that cover stop-loss orders and position sizing.