1) Who are Christian and Andreas Weiß?
Christian Weiß: I hold a master’s degree in business administration with focus in risk management and finance. I am currently Head of Trading at FXFlat and I am also responsible for the education program. I regularly hold webinars and seminars in order to train investors in technical analysis, risk and money management and behavioral finance. I am also a trader investing mainly in shares, forex and futures. In my trading style I combine different discretionary methods (Fibonacci, Ichimoku & Andrew’s Pitchfork) and automatic systems.
Andreas Weiß: I hold a master’s degree in business studies with focus in investment banking and portfolio management. Thanks to my long time professional experience as a banker in the field of corporate clients, capital markets, asset and portfolio management, I could acquire a wide knowledge of securities. In my dissertation entitled Optimization of trading systems through technical analysis and aspects of behavioral finance in the context of risk and money management, I dealt with the most important themes related to trading. At FXFlat I am responsible for market analysis, the development and optimization of trading strategies by applying both discretionary and automatic methods, managed accounts and portfolio management.
2) Which are the strong points of the platforms proposed by FXFlat?
Firstly, the platforms proposed by FXFlat are characterized by a very fast execution. Moreover, our platforms offer many order types, technical analysis tools, chart tools, direct deal tickets, chart ordering, MT4-Expert Advisors, binaries and FX options. Furthermore, our traders get access to mobile trading solutions such as mobile trader, iPhone/iPad Apps, Android Apps and Webtrader. Advanced Chart Trader with Fibonacci Tools, price alarms, more than 120 indicators complete the standard offer of the software. You also have access to news from different providers and analysis research. You can use the platform with many monitors and you can create different working spaces and layouts. As you see, customers can take advantage of many tools that they can adapt to their own trading style.
3) The training program is very important to customer. What is the offer of FXFlat?
We offer many webinars with different program content which are addressed to both beginners and pros. The topics vary from learning to use the platform, order types, risk and money management, technical analysis, indicators, trading strategies and live trading. We also offer 1:1 coaching. And of course clients can buy our book to get a deeper knowledge about trading.
4) You are also traders. Which products do you trade?
We trade CFDs and forex (DAX, Eurostoxx50, Dow Jones, S&P 500, commodities: gold, silver, WTI/brent oil and forex.) The currency pairs we trade are for example EUR/USD, USD/JPY, USD/CHF and GBP/USD.
5) What are your plans for the future at FXFlat?
We look forward to develop more education webinars. It is our goal to train our clients especially in risk and money management, behavioral finance and technical analysis. We also offer additional software to analyze the markets and scan them to find chart formations with entry setups. Traders who have no time to trade on their own can invest into a managed account from our asset management company.
6) You have recently written a book about trading. Why?
We see that many traders lose money while trading. They don´t use or know about risk and money management. There are many possibilities to optimize trading and it is very important to reduce losses. However, it is not so easy. Trading is very emotional, behavior is determined by fear and greed. There are also many psychological issues affecting your trading. We show traders how to combine technical issues with behavioral finance and risk management. Traders should set up their own strategy to know when to exit the trade before they are invested.