Tuesday, July 29, 2008

ALSI Trade today

ALSI Trade Today

What an awesome feeling to trade the ALSI today.

I waited until the 3 & 8 moving averages crossed up on my LIVE 15 min chart once I had analysed the End of Day direction. It took a couple of trades which went against me or sideways before the good trade came along. All-in-all, I came out the morning session until about 14h00 with a profit of 70 points which is equivalent of R700 or about USD$90.

But the best part was waiting for the build up of the pullback from resistance levels. This all happened LIVE using the stochastic and MACD indicators to time the entry. This trade in 30 minutes made me 200 points which is R2000 or about USD$260.

Not bad for a day's work... Staring at the computer and sending emails...

I also traded the FTSE at more or less the same time going short. This trade I scalped the market loking for a quick $USD20.00 which took less than 15 minutes...

Good day in total. Do you want to learn how to do this too?

Financial & Investment Workshops, ebooks & financial freedom @ www.newsweek.co.za

Thursday, July 10, 2008

Determining Where You Will Invest

Determining Where You Will Invest

There are several different types of investments, and there are many factors in determining where you should invest your funds.

Of course, determining where you will invest begins with researching the various available types of investments, determining your risk tolerance, and determining your investment style – along with your financial goals.

If you were going to purchase a new car, you would do quite a bit of research before making a final decision and a purchase. Right? You would never consider purchasing a car that you had not fully looked over and taken for a test drive. Investing works much the same way.

You will of course learn as much about the investment as possible, and you would want to see how past investors have done as well. It’s common sense! So, why not come on workshops that spell it all out for you and provide you successful, tried & tested strategies to apply for each type of investment?

Learning about the stock market and investments takes a lot of time… but it is time well spent. There are numerous books and websites on the topic, and you can even take college level courses on the topic – which is what stock brokers do. With access to the Internet, you can actually play the stock market – with fake money – to get a feel for how it works.

You can make pretend investments, and see how they do. Do a search with any search engine for ‘Stock Market Games’ or ‘Stock Market Simulations.’ This is a great way to start learning about investing in the stock market.

Other types of investments – outside of the stock market – do not have simulators. You must learn about those types of investments the hard way – by reading. Alternatively, wouldn’t you benefit from workshops presented by people with a collective trading experience of over 40 years? By doing workshops with people that trade the market daily and have 20 years experience of helping people to make money on the stock markets wouldn’t you jumpstart your investment career?

As a potential investor, you should read anything you can get your hands on about investing…but start with the beginning investment books and websites first. Otherwise, you will quickly find that you are lost. A complete equity investment workshop is available in the reference section below that covers your practical and theoretical needs to get you started and make you successful!

Finally, speak with a financial planner. Tell them your goals, and ask them for their suggestions – this is what they do! A good financial planner can easily help you determine where to invest your funds, and help you set up a plan to reach all of your financial goals. Many will even teach you about investing along the way – make sure you pay attention to what they are telling you!


Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders

Stock Market Workshops
Complete Equity Stock Market Package – includes charting software & four in-depth workshops
Advanced Trading for Profits with Short Term Trading Workshop

Brought to by http://www.tradingmoneytree.com/ Investment Workshops, Cashflow 101 Club, books & more

Financial & Investment Workshops, ebooks & financial freedom @ www.newsweek.co.za

Making $200 in 30 minutes

Well, trading can be hairy and most people you mention the word to will respond as if you’re a compulsive gambler… What was the possibility that when you got in your car today that you would have an accident? The probability isn’t very high unless you have accidents often. Why is this?

Well, because you understand the rules of the road. You follow the guidelines set out for all drivers and if you use them, which includes things like seatbelts, the risk of accidents, injury to self or others is largely minimised. It’s the same with trading and investing on the stock market.

Make sure you understand the rules and have proven guidelines.
My work involves educating people on how to improve their financial knowledge also known as financial IQ. It is a learning curve as there is much to learn. But the rewards can be great! Those learners that apply the strategies and do the analysis come to terms with the fact that the application of analysis can make you money!

Today I used a technique called Negative Divergence on an Index chart of the ALL Share Top 40 listed in South Africa. It’s very similar to the DOW Jones Industrial although it is very much resources dominated.

What is Negative Divergence? It is using an indicator, in this instance the Slow Stochastic with the parameters 13, 8, 5 and looking at a candle chart of 15 minute period.

Essentially, what needed to happen is the overall trend of the index should be bearish or downward. The Index is showing a lower high in price and the Slow Stochastic is showing a higher high.

At 9h00 GMT + 1:00m, the trigger came in my LIVE Real Time charting software and I went short in the market. I was risking $100 with the aim of making $50 in a very short space of time. The stock market proved my direction correct and I added another 2 contracts on top of my original 3.

The first 3 contracts on CFDs made me $148 when I closed them at 9h45 followed by the other 2 CFD contracts making me $52 by the time the deal was closed. Business done by 9h45!

This doesn’t happen every day. Let’s be honest the market has good days and bad days too. The thing is, that right now my account is up $240 for the week so far.

Do you want to learn how to use the stock markets to make money? Get a mentor. A driver trainer if you will of the investment highways and by-ways. Practice the strategies and practice the mental discipline to paper trade before you get involved. Write down the strategy you want to use to trade and then paper trade it to test if it works on the Index or stock you want to use it on.

If it doesn’t give you good results after a month, either can the strategy or change the stock. One of them really isn’t suited to the other in this case. Don’t try and fit the strategy by changing it to match the back test results. This is no good at all.

Do you want to find out how to trade the ALSI40? What about Forex? Come to our next free introduction talk…. contact me in the blog with your details. Or visit http://www.tradingmentors.co.za/

Financial & Investment Workshops, ebooks & financial freedom @ http://www.tradingmentors.co.za/