Posts

Risk Management by Edward Fong

Image
  Risk management is a continuous process, it's important to be aware that risks are always changing, new ones can appear and old ones can disappear, for that reason, it's crucial to have an ongoing risk management plan in place. It's also important to note that risk management is not only important for avoiding negative outcomes, but it also helps organizations to identify new opportunities and to make better-informed decisions. Risk-to-reward ratio (R:R) and win-loss rate are two key risk management rules I use in my trading career. R:R is a measure that compares the potential gain and potential loss of a trade or investment, while win-loss rate is the proportion of winning trades or investments compared to losing ones. When evaluating the performance of a trading or investment strategy, it's important to consider both R:R and win-loss rate. A high risk-to-reward ratio, for example 2:1 or greater, means that there is a greater potential profit compared to potential lo
Read more

Plan for the future by Edward Fong

Image
Macroeconomics is the study of the economy as a whole, including topics such as inflation, unemployment, and economic growth. One of the key concepts in macroeconomics is the idea that historical patterns repeat themselves. This idea is based on the belief that the economy, like many other systems, is cyclical in nature. One of the most well-known economic cycles is the business cycle, which is characterized by periods of economic expansion and contraction. During an expansion, the economy is growing and unemployment is low. This is often referred to as a "boom" period. On the other hand, during a contraction, the economy is shrinking and unemployment is high. This is often referred to as a "bust" period. The business cycle is not the only economic cycle that repeats itself. Other examples include the inflation cycle, the credit cycle, and the balance of trade cycle. Each of these cycles has its own distinct characteristics and causes, but they all share the same ba
Read more

Edward Fong

Image
I have had the opportunity to work in the financial industry for over 20 years. Throughout my career, I have held a number of influential positions in trading and leadership.  One of the things that I am most proud of throughout my career is my ability to navigate the ever-changing financial markets. I always strive to stay up-to-date with the latest industry trends and developments, and I am constantly looking for new ways to improve my knowledge and skills. I am also extremely passionate about leadership and mentorship. Throughout my career, I have had the opportunity to work with a number of talented individuals and I have always enjoyed helping to guide and develop their careers. I believe that strong leadership is essential for success in any field, and I am committed to helping others achieve their goals. Another thing that I am passionate about is giving back to the community. I believe that it's important to use our resources and skills to make a positive impact on the worl
Post a Comment
Read more