Showing posts with label trading. Show all posts
Showing posts with label trading. Show all posts

Thursday, December 3, 2009

I’ve done some calculations you will find amazing! You can’t miss out on this opportunity to see how much money was made over the last 3 days!

It will only take about 1 minute for you to go over the basic stock market money PROFITS set out below!

…SPECIAL UPDATE EMAILED ON 27TH NOVEMBER @10H30

Our special stock market update sent during the morning of the 27th November stated the following:

"We find the market selling off in droves today as we discussed at the meeting this week and in our newsletter and update earlier mid week..."

"Kumba has pulled back to the neck line of 25000 odd. Keep an eye on this level this afternoon for signs of hammers."

"Similar with Northam @ 20ema and 50ema, Lonmin @ 20ema (R209) with 50ema as critical."

"ALSO watch Anglo American now at 10ema and other RESI and base metals shares. Watch Pharmaceuticals, Industrial and Technology sector based shares as these sectors show highest strength on the market. PSG 20ema is 2429c however this share is thinly traded. Line support of the old high is 2353c."

"Exxaro is at the entry price of the moving average convergence of 9030c again."

In addition, the global indices like S&P 500, Dow Jones, FTSE100 and DAX would also be excellent buying opportunities!


What price are they now?

Northam entry @ 3900 - price as at close of 2nd December at 4198 (7.6% in 3 days)
Kumba entry at 24700 - price as at close of 2nd December at 26500 (7.3% in 3 days)

Lonmin entry at 20900 - price as at close of 2nd December at 23201 (11% in 3 days)

PSG entry at 2429 - price as at close of 2nd December at 2431 (no move in 3 days

Standard Bank at 9300 - price as at close of 2nd December at 9724 (4.3% in 3 days)
Anglo American at 31000 - price as at close of 2nd December at 33164 (7% in 3 days)

Exxaro at 9100 - price as at close of 2nd December at 9230 (1.8% in 3 days) but it did got to 9560 on Tuesday (5%)!

How Much Money was MADE by our Wealth Club Members?

If you were trading with any geared instruments like CFDs, Single Stock Futures or Spreads you would have an average of 5.5% profits (including only 1.8% in Exxaro although we closed at 9500) if you took all of the trades listed above.

For every R5000 you had traded you now have R2500, less brokerage of estimated R500, per stock traded. In essence in 3 days you would've made R2000 for R5000 you traded in the stock market since Friday 27th!

That's a whopping 40% profit in just 3 days - That's just 1 way you make money on the stock market!

In just 3 days, using our Wealth Club Subscription newsletter, you not only made money enough to pay for a year's Wealth Club membership but much more money for yourself! How much is that worth to you?

What if we can help you do this every month? Subscribe now to Wealth Skill's Club! Or come on our stock market courses or enquire about our personal trading coach programme or our stock broker / prop dealer consultancy!

Bear in mind that some of these positions will be held by our Medium Term Investors as wealth creation tools for at least a few weeks to a number of years! The above scenario illustrates opportunities for short term traders and may not reflect on future earnings. Trading is risky. Returns are not guaranteed. Understand your risk and ensure you trade with money you can afford to lose.

Trade well, not often!
All the best investing this quarter,

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

Visit Aurora Global Markets for Global trading platform in equities, foreign exchange, commodities, precious metals and interest rates.

Tuesday, June 2, 2009

Contracts for difference with Forex

CFD(Contracts for difference) trading is about ‘margin trading’, or buying not ownership of stock but ‘trading rights’ on the stock by putting down a fraction of the price (i.e.,10%) holding it for short term, hours, days or weeks, and selling it at a profit when the market rises.

Easy? Yes and no. The cautionary is that like all speculation with stocks and shares, only money that you ‘can afford to lose’ should be used. Having said that, with the right systems, good nerves and attention, it is very feasible to make a lot of money. A CFD being a ‘derivative’ of a stock holding is a separate entity from Forex which can also be traded in the same manner but has some regulatory differences.

“For example, A client wants to purchase £10,000 worth of HSBC shares, the margin requirement would be only £1,000. If HSBC share value increases to £10,500 a £500 profit on the deal would equate to just 5% return if you traded the shares outright; compared to a return of 50% on a CFD.”

Interested? You should be. Get started now with a free ‘demo’ account from AGM trader. I've tried their charts and they are pretty damn hot. The benefit here is that you open your account in US dollars which means you can take advantage of the recent strength of the Rand.

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

Wednesday, March 25, 2009

Another Alsi 40 trade and market run

What a great day on the JSE!!

(I have neglected to post for a week and I owe my apologies. I'm working on a personal mentorship programme for people interested in learning from the very basic investment level to advanced day trading involving futures and ALSI which will take place over three months. Drop me a line if you have some ideas on this!)

The stock market had run so hard over the last 10 days that it was time for it to take a breather. Tuesday and most of today constituted that breather in the short term.

Besides the short trade from this morning which I missed as I was attending to a large beekeeping goods order. I also run a full time beekeeping equipment supply business. While I was getting my weekly prescription of manual labour packing out the order of bee hives, beeswax and queen excluders I was not at my computer.

There was a grand 200 odd pts trading there for the taking this morning in the ALSI 40 short trade. Then the market started to move sideways for a couple of hours.

So, as I worked on my personal investing & trading mentorship programme, I kept a beady eye on the ALSI. I noticed a swing change and challenge of the 89e happened but failed. The moving average worked as support confirmed by the stochastic. Check 1 confirmed!

An hour or so later I look again and there it is! The signal to go long on the ALL Share Top 40! Around 14h30 it gave the signal with the best entry price being around 19300 but waiting for one more confirmation meant watching with baited breath until 19360 with a stop at 19330.

I went long after 15h20 and then added again about 15 min later. This price was around 19410. My target was 19535 which was a resistance level during the live chart yesterday. The SNP500 and Dow Futures were up stronger and our ALSI took off. It wasn't long and my take protif was hit... in fact it was less than 20 min and I was out of the trade.

The trade still went on to 19670 odd after that. This would've added an additional 100 odd pts to my total for the day but I ain't complaining! Besides by adding to the position as it went up I effectively doubled some of the points I did make due to the additional leverage I was using... In essence I got like an extra 80 pts when I added more contracts to the position.

Good trade nonetheless! And the market closed quite well considering its opening...

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

Sunday, February 22, 2009

ALSI & Market Outlook

ALSI & Market Outlook

I just finished downloading the data from Friday's stock market close. What a turn of events. It looked as if the market was going to be depressed and close down badly in the red. The along comes the gold sector and platinum sector which was having none of it.

In essence, the ALSI regained its losses for the day and eventually went right back to close the gap left when it opened in the morning. The gap down was significant. The stock market was red everywhere!

It just so happened that I got just over 100 points around mid morning which was followed by another 200 points late in the afternoon if I had been at my pc. I had a client to meet about a particular strategy he had heard about and wanted to discuss it over with me. I happened to be in Rivonia at the time the trigger happened. Such is life.

It just so happens that looking at the Resources Index, a.k.a the RESI, the market certainly looked to be heading further south. Considering however how the gold and platinum sectors closed off our resources heavy top 40 index swung in the late afternoon.

Many safe haven investors taking to the apparent refuge of gold and other precious metals like platinum with the aim of protecting their capital. Both Anglo Gold and DRD Gold have made new highs as discussed they might last week. Platinum is looking strong to test the R150 resistance if it can break above the old resistance of R145 which it closed on Friday afternoon.

Considering the ALSI end of day chart, there could well be a swing come Monday morning depending on the close of USA on the Dow and SNP. It doesn't look good right now as both of them made new lows. It would be worth a look at the FTSE. We could well look for some confirmation from the movement Monday morning when the FTSE opens.

The ALSI end of day chart does indicate very oversold position with stoch and rsi below 30 and 10 respectfully. Immediate resistance is at the close of 17681 with support at 17160. We could find ourselves challenging 18071 if the open is positive and the market swings bullish.

The low oversold levels on the indicators imply a 200-300 upside in the morning but again lends itself to the sentiment of the US close which was negative. One may like to look at the Asian open to confirm our direction until FTSE opens.

I would consider the LIVE charts as well and seeing as though we closed up on my LIVE charts I conclude that 17426 is 1st level support followed by ultimate support at 17210. 17844 seems a strong resistance level too on the upside.

It certainly warrants waiting for after the open to assess again the market sentiment. Bearing in mind that the end of day chart on the short term indicates a retracement with the medium term still implying probability of downside after a short pull back.

Keep an eye on AngloGold and DRD gold. Anglo American is heading into oversold position as well. and has broken recent support levels. But it may require another 2-3 days before it retraces briefly.

On closer look into DRDGold, the share does look overbought now. It is displaying a well known reversal pattern on a candlestick chart called a Morning Star. It closed on Friday with an upside hammer. There certainlys seems to be strong support at just below 900c.

DRD's old high of around 971c to 989c is set to be the strong resistance. The share's momentum may well fall off here and we may find it having a small retracement back to 692c and find support there again. It is vital to trace the movement in GOLD using the NewGold ETF as a precursor to how DRDgold and other gold derivative shares will perform.

We may only see a slight retracement of 23% to 789c before the momentum in the gold price forces the share onwards and upwards. Likewise with AngloGold. on DRD gold 875c is quite an important support level and would signal that the retracement is in play with potential to move to 789c.

It certainly pays to get access to good training regarding your trading.

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

Monday, January 12, 2009

Focus For 2009 & Ahead!

Welcome to 2009! Great to have you on board for the trip.

This year I plan to focus on bringing you many more posts and indepth insight into my trading style, personality, concerns and stresses as well as triumphs and tribulations!

I am lookign to focus on the following instruments in 2009:

  • ALSI40 - South African top 40 index using Spread tradin instrument
  • Certain shares within the top 40 of the South African local market with a focus on the RESI sector (Resources, mining)
  • Forex trading - looking at EU/$ over 4 hours and daily chart

So, if you have any questions on any of these give me a shout! I have noticed that the JSE-All Share index has made higher lows as well as break up through the 89 day moving average. This could be a signifcant event for our local market in the short term as it suggests a possible bullish rally after a short test of the 89 simple moving average ("SMA").

This event could trigger a bullish rally for the first quarter of 2009. Which means I could be finding myself in the equity market again on my first choice stock watch list. I did unfortunately miss some very profitable entries over the December period while taking a break... But such is trading. Besides, for the equity market I prefer to buy and hold so my timing needs to be in tune with the economy to a certain extent fundamentally speaking.

For the long term investments I certainly consider the economic cycle as well as global fundamentals before making a decision to enter a trade. On the short term trading side of my business, I focus less on the fundamentals and more on the technical analysis.

My aim tin 2009 is to describe my findings, experiences and outlook on the markets as a whole and then pin point certain trades I take and then elaborate on why I took them!

Come join me on a branch of the Trading Money Tree!



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