Make Money Trading

Make Money Trading

This December I was in a fantastic swing trade in a base metal miner called Kumba Iron Ore listed on the Johannesburg Stock Eexchange. The swing trade in this stock signalled as early as 23200c and I took profit at 26000c.

The stock then retraced to 25000c where we entered the swing trade again for the next bullish rally. The stock has flown from there to 32500c in little over a couple of weeks.

I certainly guaranteed myself a year-end bonus by applying the financial and investment knowledge I have and implementing my stock trading plan.

I've been bullish in Platinum and Platinum stocks since early October 2009 and seen Platinum rocket from $1390 to $1580 recently.

My stock picks included Impala Platinum @ 18000c now 21700c, Northam Platinum @ 3900c now 5000c, Lonmin @ 20800c now 25000c and more recently East Plats, Jubilee and Anooraq as smaller platinum miners move after the majors and carry more risk as well.

I make money trading the stock market and teaching people to do the same. Over November my members made 7% return and in December, they made 11% return on their portfolio. These are low risk and high return trading positions mostly in swing trades.

Investors that have lower risk appetite held positions in Kumba and others for longer periods and now look at an average of about 25% return for the last quarter! They carry a lower cost of business due to trading less and paying fewer broker fees.

New Exchange Traded Funds listed globally for Platinum and Palladium metals and this also pushed momentum in these metals. They are bound to provide a good deal of carry-momentum over the next few weeks as these funds pump capital into the market for these metals.

Gold futures have also turned positive again and the bullish swing has taken place from $1075 level to $1145 again. Watch it carefully now as the dollar will determine the next time to entry.

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