The ASIC regulations and how to implement smaller position sizing
- Mon 22 Mar 2021
- 7.00pm (EDT)
- intermediate
The ASIC regulations and how to implement smaller position sizing
HOSTED BY Trade With Precision
The new ASIC regulations come into play on the 29th March, 2021 in Australia. The maximum leverage offered to retail clients when trading CDFs will be 30:1.
The lower leverage options will result in traders having to adapt their trading to use smaller position sizing.
This live webinar will be presented by an experienced trader who will explain how the new regulations will impact your money management as a trader and how to utilise and understand position sizing under this new regime of lower leverage.
This webinar will cover:
- The importance of money management when trading on leverage
- Learn about position sizing in relation to the new regulations
- How to position stop losses and profit targets to maximise trade efficiency going forward
- A reiteration of the importance of risk mitigation and how to implement a rigorous risk management plan
By providing my contact details, I agree that CMC Markets may contact me from time to time to discuss this event and other CMC Markets' products.