Day Trading Online can give you the opportunity to make money online anywhere, anytime.
A quick update to give you an idea of the kind of day trading profits to be made:
We’ve just closed a bunch of shorts across the globe!
See below immediately:
Short DAX 50pts
Short S&P500 3 pts
Short ALSI40 60 pts
Short DOW 30pts
Just this one “day trading session” results in a 6% profit on our intraday portfolio in about 40 minutes of online trading!
We are in the process of getting our next Stock Market Trading Mentorship set up. Although it has been a while in coming we can now offer a date for short term traders to register on our Stock Market & ALSI 40 Trading mentorship!! Are you ready to get involved with a *LIVE* Online Trading experience?
We are looking for a limited number of candidates that meet the minimum criteria to get involved. See below the criteria we need for you to be considered as a good candidate for this Trading mentorship programme:
· Minimum Capital of R50 000
· Previous trading experience (Derivatives preferable i.e. CFDs, Spreads, SSFs)
· Knowledge of Technical Analysis
· Appropriate Charting software or Access to online charts
· SSF, CFD or Spread trading Account ( If you don’t have one we can assist with opening one for you.)
· Minimum time constraints
§ Look at interacting at least 3 hours a day (max of 17 days in a month)
§ Mentorship Candidates need not be online all day
§ Commitment to Skype Trading sessions (Morning 8h00 – 10h30 or Afternoon 15h00 -17h00 session)
§ Chat discussions are automatically recorded on Skype if you miss a session
· Funds must be free of liability or expenses i.e. money you can lose
· Personal coaching is optional for an hourly fee (Based on R2800 per day)
· Affordability of a Monthly subscription of R1500 (payable upfront)
· Access to the internet
· Access to LIVE CHARTS during the sessions
· Access to a Trading platform during working hours
· Trading Discipline
· A Mixture of Intraday Trading & Swing Trading opportunities
A one-on-one interview will conducted for eligible candidates in the last week of July. These interviews will be about 60 minutes in length. They will take place in Centurion during working hours. See below for more details regarding the interview and how it works.
The aim of the 60 Minute Interview:
To gauge your understanding of trading
Discover your risk profile
Learn portfolio size
Assist in opening account(s) if necessary
Develop a 2-year business plan for your trading
Discuss Your Optimal Trading session
Legal documentation
Mentorship Structure: How it all works
Non-disclosure agreement
Tools required during mentorship
It’s a lot to cover in 60 minutes!!
Some finer details to consider: Terms & conditions
Legal forms are required to be completed and signed before any candidate continues with the mentorship. These can be reviewed during or after the interview takes place. No eligible candidate will be allowed to continue with the programme without agreeing to the legal and non-disclosure agreements. The fees payable for the mentorship programme are not refundable. They are due upfront month-to-month before the 1st of the next month.
There is no term applied to the mentorship and candidates may decline to renew the monthly subscription at any time. Pro rata dues may be paid upfront but none will be refunded in lieu of discontinuation before the end of the month.
We strive to make the Short Term Trading Mentorship available to people wanting to learn to be successful on a consistent basis. There is no need to change brokers unless you have serious reason to do so. There may however be a need for you to open a secondary trading account in order to benefit from better trading rates, live online charts or increased number of instruments to trade for example.
In our dealings we are available to assist candidates to open alternate trading accounts for these purposes only. It is advisable to have at least one investment account and one trading account. This assists the investor to differentiate between decisions based on long term investment and short term trading!
Please note that not every month may result in a profit. 2010 was a tough time in a volatile market online. Our online day trading account (purely indices) ended in a 4% loss overall one month this year. (Bear in mind that this is our intraday trading account and not our short term trading account which is displayed on the Wealth Skills site.)
Because we understand our risk to reward ratio a cluster of bad trades is necessary. It allows for a cluster of good trades some time too.
The focus for the Short Term Trading mentorship is to be positive 9 months of the year which allows for 3 months of negative or break even results. As a short term trader accepting this inevitable outcome makes life much easier. Your trading psychology settles with the knowledge that losses are part of success. No trader has ever only experienced winning trades.
The main reason we provide the Short Term Trading Mentorship is that people struggle with their trading psychology. Consistent profits are derived from discipline and risk to reward ratio. If you could master these trading skills you will make money consistently. Would you want to be a part of a mentorship programme that can help you achieve consistent profits over time?
The Short Term Trading Mentorship is now on offer. Are you interested? Then be sure to RSVP to info@wealthskills.co.za now. We will forward a Mentorship Programme Pack that includes forms to complete and your invoice for the month of August 2010.
This is an exclusive offer! The Mentorship programme is structured to develop a small group of disciplined traders over time. We limit the number of traders that participate in the mentorship so that a better quality experience is had by the small group.
Starting Date: Aug
Subscription: R1500 monthly
Focus: Consistent profits over time
To register, RSVP now to:
info@wealthskills.co.za Or
Visit us at:
Wealth Skills
All the best investing this quarter,
Wealth Creation | Investing | Trading | Courses | Investor's Club | Market Newsletters
Stock Market Investment Workshops, ebooks & financial freedom @ http://www.newsweek.co.za Visit Aurora Global Markets for Global trading platform in equities, foreign exchange, commodities, precious metals and interest rates.
Showing posts with label online trading. Show all posts
Showing posts with label online trading. Show all posts
Friday, June 25, 2010
Tuesday, March 10, 2009
ALSI Update and Trade
Mixed morning ALSI Session
It took a while and much discipline to wait for this morning's ALSI trade.After waiting 2 hours for a set up that gave me a signal on my strategy, it finally presented itself.
We went long at 10h35 at 16518 level and closed for almost 100 points as the ALSI went to the top level of our morning range. The range was sitting between 16500 and 16600 for quite a while. It took the positive opening of the FTSE as well as support from strong trading on the SNP and DOW as well to push our stock market to the upside.
Overall market outlook for today is that we may see a pullback again in DRD GOLD which would be mainly fuelled by the gap it left at 887c. In addition to this possible downside also consider that there is a double-top setting up at 950c with a neckline at 767c which gives us a 180c (estimated) target to the downside if the neckline is broken.
Once again, my recommendation in this instance is to keep track of gold and silver. One can refer especially to the New Gold ETF in order to analyse the chart for a view on gold's position.
Grindrod has defied all the stock markets odds and went positive from our call at 1126c last week we have seen it go to 1220c which is not far from our 106c target. In essence, this amount does warrant closing if you are edgy about the market today. Considering the move by the FTSE after it's open one may speculate that JSE will look to the upside. One would do well to consider that a sell on Grindrod today could be a fairly good move considering the overall market sentiment is in negative territory.
Financial & Investment Workshops, ebooks & financial freedom @ www.alsiapprentice.co.za
It took a while and much discipline to wait for this morning's ALSI trade.After waiting 2 hours for a set up that gave me a signal on my strategy, it finally presented itself.
We went long at 10h35 at 16518 level and closed for almost 100 points as the ALSI went to the top level of our morning range. The range was sitting between 16500 and 16600 for quite a while. It took the positive opening of the FTSE as well as support from strong trading on the SNP and DOW as well to push our stock market to the upside.
Overall market outlook for today is that we may see a pullback again in DRD GOLD which would be mainly fuelled by the gap it left at 887c. In addition to this possible downside also consider that there is a double-top setting up at 950c with a neckline at 767c which gives us a 180c (estimated) target to the downside if the neckline is broken.
Once again, my recommendation in this instance is to keep track of gold and silver. One can refer especially to the New Gold ETF in order to analyse the chart for a view on gold's position.
Grindrod has defied all the stock markets odds and went positive from our call at 1126c last week we have seen it go to 1220c which is not far from our 106c target. In essence, this amount does warrant closing if you are edgy about the market today. Considering the move by the FTSE after it's open one may speculate that JSE will look to the upside. One would do well to consider that a sell on Grindrod today could be a fairly good move considering the overall market sentiment is in negative territory.
To give you an idea of the short term trade on GND last week this is how it reads:
- We call a long end of last week to enter at 1126c in the morning wih a stop loss level set at 1100c straight but utmost stop loss of 1080c due to the overall negativity of the market on Friday morning's open.
- Based on the price of the share we would calculate that we would trade with 30 contracts which gives us an exposure to 3000 shares for only 15% of the capital required, if you decided to trade the shares instead of using single stock futures to trade.
- So, if a contract price is R120 per 100 shares (there are 100 shares in each contract) I would have used only R3 600 plus brokerage in order to purchase 3000 x R11.26 = R33 780 worth of shares.
- I sell my Grindrod shares at R12.20 which gives me a gross profit of 94c which is the same as if you had bought the shares.
- We take the 3000 shares x 94c = R2 820 gross profit less brokerage of about R600 in total (estimated at higher end).
- I make R2 820 using R3 600 which is 78% return.
- As a share trader or someone using shares to trade on the short term you would have used R33 780 to make R2820 nett.
- That is equivalent to just over 8% using the full capital instead of leveraging your capital.
Moral of the story? Learn how to trade with your capital and make it stretch using leverage!
BUT IT'S RISKY!! Ask the right questions! If Grindrod went to 1100c and we both had to close the trade due to the stop loss kicking in, what would we have both lost?
- In your example, the share lost 26c from 1126c to 1100c. Right? Take your 3000 shares x -26c = -R780 (loss) plus your transaction costs ie brokerage.
- In my example, the futures contract lost 26c as well. Take my 3000 shares or 30 contracts x -26c = -R780 (loss) plus my transaction costs.
- What's the difference? Not much! Right? Yes, I am!
- Is there more risk in trading futures?
- NOPE!
The risk only comes in when you overexpose yourself. If you are not aware of how leverage and margin works then you could get yourself into trouble. One should never, in general terms, leverage more than three times your portfolio size.
If your portfolio size if R50 000 you shouldn't leverage your trades to a value of more than R150 000. Effectively, you are controlling your leverage by keeping the margin you put on the table low.
You see, you could get leverage of 10 times on your account. This means that with R50 000 in your portfolio you could trade up to R500 000 worth of shares using a single stock futures. Don't go there...
Instead, come learn how to trade ALSI, Futures, Forex with us.
Financial & Investment Workshops, ebooks & financial freedom @ www.alsiapprentice.co.za
Thursday, March 5, 2009
Anglo American & Alsi Update
Yesterday was eventful.
We had the US unemployent come out and it was pretty bad. Worse than expected. So our market and many others went for a bath...
We went long in the morning for 150 odd points which was amazing and our long position in Anglo American hit target and peaked out at 15100. We took profit at 14921c which is a round figure profit of R13 per share using single stock future contracts x 3. This means we had 3 contracts x 100 shares per contract. Brokerage is about R600 give or take depending on who you are trading with...
So our profit there is R13 x 300 less brokerage of R600 which gives us a total nett of R3900 - R600 = R3300. Not too shabby for a 2 day trade.
The ALSI gave up over 400 pts yesterday using the day trader trend indicator I was able to take the long, then a short as well as another long in the afternoon. The last long was at 16h25 at 16430 and out at 16685 for just over 200 pts. The volatility in the market can really benefit one if you are able to ascertain the trend intraday but also to gather swing points using various trading techniques.
We went long this morning with the resistance being 16454 end of day as well as 16450 intraday. As the market opened this moved to 16430 which is our top resistance. I closed at 16411. We opened at 16368 for 40 odd pts. Which pays for lunch.
Now the market is range bound stuck between 16420 and 16270 and could be traded within this range perhaps one more time. It does depend on the FTSE open. We may see a break of 16420/430 to the upside however the general end of day trend is bearish....
There is the opportunity that the market will swing depending on the FTSE open. This will signal a chase to close the gap at open. that gives us a target of 16470, followed by 16531, 16651/685 to the upside.
Watch DRD again and ANG as safe haven investors take refuge in the gold shares again...
Keep an eye on Grindrod as at 1100c it is quite oversold. 976c is ultimate support for the share with the next few weeks going forward we could see it head there to test it. However the short term over the next few days we could see a bounce with support at 1100c. A stop loss at 1100c would be more than sufficient for a reward of 106c per share to a max of 1311c from its current level of 1126c.
We broke 16450 and traded again going long keeping a ratchet stop loss at our resistance level now support at 16531.
Good trading.
Financial & Investment Workshops, ebooks & financial freedom @ www.newsweek.co.za & www.alsiapprentice.co.za
We had the US unemployent come out and it was pretty bad. Worse than expected. So our market and many others went for a bath...
We went long in the morning for 150 odd points which was amazing and our long position in Anglo American hit target and peaked out at 15100. We took profit at 14921c which is a round figure profit of R13 per share using single stock future contracts x 3. This means we had 3 contracts x 100 shares per contract. Brokerage is about R600 give or take depending on who you are trading with...
So our profit there is R13 x 300 less brokerage of R600 which gives us a total nett of R3900 - R600 = R3300. Not too shabby for a 2 day trade.
The ALSI gave up over 400 pts yesterday using the day trader trend indicator I was able to take the long, then a short as well as another long in the afternoon. The last long was at 16h25 at 16430 and out at 16685 for just over 200 pts. The volatility in the market can really benefit one if you are able to ascertain the trend intraday but also to gather swing points using various trading techniques.
We went long this morning with the resistance being 16454 end of day as well as 16450 intraday. As the market opened this moved to 16430 which is our top resistance. I closed at 16411. We opened at 16368 for 40 odd pts. Which pays for lunch.
Now the market is range bound stuck between 16420 and 16270 and could be traded within this range perhaps one more time. It does depend on the FTSE open. We may see a break of 16420/430 to the upside however the general end of day trend is bearish....
There is the opportunity that the market will swing depending on the FTSE open. This will signal a chase to close the gap at open. that gives us a target of 16470, followed by 16531, 16651/685 to the upside.
Watch DRD again and ANG as safe haven investors take refuge in the gold shares again...
Keep an eye on Grindrod as at 1100c it is quite oversold. 976c is ultimate support for the share with the next few weeks going forward we could see it head there to test it. However the short term over the next few days we could see a bounce with support at 1100c. A stop loss at 1100c would be more than sufficient for a reward of 106c per share to a max of 1311c from its current level of 1126c.
We broke 16450 and traded again going long keeping a ratchet stop loss at our resistance level now support at 16531.
Good trading.
Financial & Investment Workshops, ebooks & financial freedom @ www.newsweek.co.za & www.alsiapprentice.co.za
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
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
Sunday, June 1, 2008
About Online Trading
About Online Trading
The invention of the Internet has brought about many changes in the way that we conduct our lives and our personal business. We can pay our bills online, shop online, bank online, and even date online!
We can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to, and brokers like having the ability to take orders over the Internet, as opposed to the telephone.
Most brokers and brokerage houses now offer online trading to their clients. Another great thing about trading online is that fees and commissions are often lower. While online trading is great, there are some drawbacks.
If you are new to investing, having the ability to actually speak with a broker can be quite beneficial. If you aren’t stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you learn as much as you can about trading stocks before you start trading online. For this we suggest you go on investment workshops and or buy online trading books that give you tried strategies.
You should also be aware that you don’t have a computer with Internet access attached to you. You won’t always have the ability to get online to make a trade. You need to be sure that you can call and speak with a broker if this is the case, using the online broker. This is true whether you are an advanced trader or a beginner.
It is also a good idea to go with an online brokerage company that has been around for a while. You won’t find one that has been in business for fifty years of course, but you can find a company that has been in business that long and now offers online trading.
Again, online trading is a beautiful thing – but it isn’t for everyone. Think carefully before you decide to do your trading online, and make sure that you really know what you are doing!
References:
Afrifocus Securities
Online brokering accounts available
Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders
Investment Workshops for Making Money on Stock Markets
Complete Equity Investment Workshop
Short Term Trading – Futures, CFDs & ALSI
ALSI Trading Workshop
Forex Trading Workshop
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
The invention of the Internet has brought about many changes in the way that we conduct our lives and our personal business. We can pay our bills online, shop online, bank online, and even date online!
We can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to, and brokers like having the ability to take orders over the Internet, as opposed to the telephone.
Most brokers and brokerage houses now offer online trading to their clients. Another great thing about trading online is that fees and commissions are often lower. While online trading is great, there are some drawbacks.
If you are new to investing, having the ability to actually speak with a broker can be quite beneficial. If you aren’t stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you learn as much as you can about trading stocks before you start trading online. For this we suggest you go on investment workshops and or buy online trading books that give you tried strategies.
You should also be aware that you don’t have a computer with Internet access attached to you. You won’t always have the ability to get online to make a trade. You need to be sure that you can call and speak with a broker if this is the case, using the online broker. This is true whether you are an advanced trader or a beginner.
It is also a good idea to go with an online brokerage company that has been around for a while. You won’t find one that has been in business for fifty years of course, but you can find a company that has been in business that long and now offers online trading.
Again, online trading is a beautiful thing – but it isn’t for everyone. Think carefully before you decide to do your trading online, and make sure that you really know what you are doing!
References:
Afrifocus Securities
Online brokering accounts available
Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders
Investment Workshops for Making Money on Stock Markets
Complete Equity Investment Workshop
Short Term Trading – Futures, CFDs & ALSI
ALSI Trading Workshop
Forex Trading Workshop
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
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