Go to Home page.

    Risk management is arguably the most important element of any futures trading plan. Knowing how to manage risk is a hallmark of an experienced trader. In this 25-minute video, Rick Thachuk, the president of World Link Futures - a registered educational Commodity Trading Advisor that has been teaching the beginning trader since 1996 - will describe risk management techniques including:

    • Description of the stop order
    • Chart examples using the stop order both for long and short positions
    • Limitations of the stop order
    • Other risk-reduction techniques

    While the video discusses the futures market, much of the discussion is applicable to other markets as well, such as equities and forex.

    To access this free online video, please complete the information below.

        Name

        Phone (please specify Day or Evening)

        Mailing Address

        Email address

    _______________________
    About the Author:
    Rick Thachuk is the co-founder and President of World Link Futures, Inc. a registered Commodity Trading Advisor that has been educating the beginning futures, options and FOREX trader since 1996. He has authored and has been quoted in articles that have appeared in various industry publications including Futures magazine, Futures & Options World Magazine and Treasury Management.

    Mr. Thachuk began his career in June 1988 at the Bank of Canada (Ottawa, Ontario), the nation's central bank responsible for setting national monetary policy and intervening in foreign exchange markets, and the Canadian counterpart of the Federal Reserve Board in the United States. Thereafter, he moved to New York City to become the Economist and derivatives market strategist of FINEX, a division of the New York Board of Trade - the oldest futures and options exchange in New York. He designed and authored numerous brochures and trading and hedging guides on the Exchange's listed financial futures and options contracts including foreign currency products - especially the U.S. Dollar Index - and Treasury Note products.

    In August 1996, Mr. Thachuk co-founded World Link Futures, Inc. to specialize in serving a neglected segment of the marketplace: the beginning futures and options trader. Mr. Thachuk realized that the rapidly-growing Internet provided an effective yet inexpensive means to freely disseminate voluminous information to beginners and this gave World Link Futures an edge over its competitors.

    Mr. Thachuk has a Master of Arts in Economics received from the University of Western Ontario (1988), with specialization in econometric model-building, and an Honors Bachelor of Arts in Business Administration and Economics received from Brock University (1987) with specialization in International Finance.

    THE RISK OF LOSS IN TRADING COMMODITY CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. FUTURES AND OPTIONS TRADING IS NOT SUITABLE FOR EVERYONE.