Greg Secker’s Gem Tips to Prospective and Newbie Traders

Greg Secker is a seasoned trader who has graduated to starting and running a trading company. He set up the Knowledge Action Group in 2003 in collaboration with internationally renowned traders. The organizations’ impeccable performance earned it a position in the London Excellence Awards of 2009. It was also enlisted in the 2010 Sunday Times Fast Track 100 awards. Greg Secker’s first financial job was with Thomas Cook Financial Services, an online trading platform. His expertise earned his the vice president’s post in Mellon Financial Corporation and several Fortune 500 investment banks.

Greg Secker recently shared his insights to newbie traders. He understands that nobody likes the complexities of analyzing charts and shifting markets. He, therefore, recommends starting out at Forex which has the support of software that easily analyzes charts according to the shifting data. He declaimed the myth that Forex is a complex market by explaining that anyone who takes the time to sharpen their knowhow in risk management strategies will have an easy time understanding the numbers. Additionally, the available software has innumerable knowledge that guides even the greenest user effectually.

Greg Secker does not have a favorite indicator that he automatically recommends to Forex traders. Considering that they analyze charts and keep tracks of shifts, every user may opt for a different indicator that best suits their needs. He, however, stated that learning the different features of every indicator will provide a clear picture on which one to pick.

Greg pointed out that an economic calendar will help any trader map out any significant news that causes major shifts in the markets. One such event is the 2016 Brexit which caused ripples for the pound. Greg advises every new trader on the Forex platform to take the time to learn the ropes and learn to capitalize even on short situations. Greg believes Forex to be the best channel because one can still earn money with currency drops if they are on the lower side of that particular currency. Apart from finance, Greg is actively involved in philanthropy and public speaking. He is primarily based in London but travels around the world to share his knowledge with the financials arena.