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
Tuesday, July 29, 2008
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!
References:
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
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!
References:
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/
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/
Sunday, June 15, 2008
Determine Your Risk Tolerance
Determine Your Risk Tolerance
Each individual has a risk tolerance that should not be ignored. Any good stock broker or financial planner knows this, and they should make the effort to help you determine what your risk tolerance is. Then, they should work with you to find investments that do not exceed your risk tolerance.
Determining one’s risk tolerance involves several different things. First, you need to know how much money you have to invest, and what your investment and financial goals are.
For instance, if you plan to retire in ten years, and you’ve not saved a single penny towards that end, you need to have a high risk tolerance – because you will need to do some aggressive – risky – investing in order to reach your financial goal.
On the other side of the coin, if you are in your early twenties and you want to start investing for your retirement, your risk tolerance will be low. You can afford to watch your money grow slowly over time.
Realize of course, that your need for a high risk tolerance or your need for a low risk tolerance really has no bearing on how you feel about risk. Again, there is a lot in determining your tolerance.
For instance, if you invested in the stock market and you watched the movement of that stock daily and saw that it was dropping slightly, what would you do?
Would you sell out or would you let your money ride? If you have a low tolerance for risk, you would want to sell out… if you have a high tolerance, you would let your money ride and see what happens. This is not based on what your financial goals are. This tolerance is based on how you feel about your money!
Again, a good financial planner or stock broker should help you determine the level of risk that you are comfortable with, and help you choose your investments accordingly. There is a Mentorship Programme for both equities and future’s trading offered along with very valuable workshops. These types of risk analysis will be able to assist you in your practical investment aims as well as the potential for generating income accordingly.
Your risk tolerance should be based on what your financial goals are and how you feel about the possibility of losing your money. It’s all tied in together.
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
Financial & Investment Workshops, ebooks & financial freedom @ http://www.newsweek.co.za
Each individual has a risk tolerance that should not be ignored. Any good stock broker or financial planner knows this, and they should make the effort to help you determine what your risk tolerance is. Then, they should work with you to find investments that do not exceed your risk tolerance.
Determining one’s risk tolerance involves several different things. First, you need to know how much money you have to invest, and what your investment and financial goals are.
For instance, if you plan to retire in ten years, and you’ve not saved a single penny towards that end, you need to have a high risk tolerance – because you will need to do some aggressive – risky – investing in order to reach your financial goal.
On the other side of the coin, if you are in your early twenties and you want to start investing for your retirement, your risk tolerance will be low. You can afford to watch your money grow slowly over time.
Realize of course, that your need for a high risk tolerance or your need for a low risk tolerance really has no bearing on how you feel about risk. Again, there is a lot in determining your tolerance.
For instance, if you invested in the stock market and you watched the movement of that stock daily and saw that it was dropping slightly, what would you do?
Would you sell out or would you let your money ride? If you have a low tolerance for risk, you would want to sell out… if you have a high tolerance, you would let your money ride and see what happens. This is not based on what your financial goals are. This tolerance is based on how you feel about your money!
Again, a good financial planner or stock broker should help you determine the level of risk that you are comfortable with, and help you choose your investments accordingly. There is a Mentorship Programme for both equities and future’s trading offered along with very valuable workshops. These types of risk analysis will be able to assist you in your practical investment aims as well as the potential for generating income accordingly.
Your risk tolerance should be based on what your financial goals are and how you feel about the possibility of losing your money. It’s all tied in together.
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
Financial & Investment Workshops, ebooks & financial freedom @ http://www.newsweek.co.za
Sunday, June 1, 2008
Choosing a Broker
Choosing a Broker
Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker.
Stockbrokers are required to pass at least 4 different exams in order to obtain their equity license. These exams are very difficult, and most brokers have a background in business or finance, with a Bachelors or Masters Degree. To be able to trade on behalf of clients in derivatives requires another 3 exams to be qualified.
It is very important to understand the difference between a broker and a stock market analyst. An analyst literally analyzes the stock market, and predicts what it will or will not do, or how specific stocks will perform. A stock broker is only there to follow your instructions to either buy or sell stock… not to analyze stocks.
Brokers earn their money from commissions on sales in most cases. When you instruct your broker to buy or sell a stock, they earn a set percentage of the transaction. Many brokers charge a flat ‘per transaction’ fee.
There are two types of brokers: Full service brokers and discount brokers. Full service brokers can usually offer more types of investments, may provide you with investment advice, and is usually paid in commissions.
Discount brokers typically do not offer any advice and do no research – they just do as you ask them to do, without all of the bells and whistles.
So, the biggest decision you must make when it come to brokers is whether you want a full service broker or a discount broker.
If you are new to investing, you may need to go with a full service broker to ensure that you are making wise investments. They can offer you the skill that you lack at this point. However, if you are already knowledgeable about the stock market, all you really need is a discount broker to make your trades for you. These can be online brokers as well and there are many local and internationally based companies you could sign up with in order to trade different stock markets.
References:
Afrifocus Securities
Online brokering accounts available
Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker.
Stockbrokers are required to pass at least 4 different exams in order to obtain their equity license. These exams are very difficult, and most brokers have a background in business or finance, with a Bachelors or Masters Degree. To be able to trade on behalf of clients in derivatives requires another 3 exams to be qualified.
It is very important to understand the difference between a broker and a stock market analyst. An analyst literally analyzes the stock market, and predicts what it will or will not do, or how specific stocks will perform. A stock broker is only there to follow your instructions to either buy or sell stock… not to analyze stocks.
Brokers earn their money from commissions on sales in most cases. When you instruct your broker to buy or sell a stock, they earn a set percentage of the transaction. Many brokers charge a flat ‘per transaction’ fee.
There are two types of brokers: Full service brokers and discount brokers. Full service brokers can usually offer more types of investments, may provide you with investment advice, and is usually paid in commissions.
Discount brokers typically do not offer any advice and do no research – they just do as you ask them to do, without all of the bells and whistles.
So, the biggest decision you must make when it come to brokers is whether you want a full service broker or a discount broker.
If you are new to investing, you may need to go with a full service broker to ensure that you are making wise investments. They can offer you the skill that you lack at this point. However, if you are already knowledgeable about the stock market, all you really need is a discount broker to make your trades for you. These can be online brokers as well and there are many local and internationally based companies you could sign up with in order to trade different stock markets.
References:
Afrifocus Securities
Online brokering accounts available
Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders
Brought to by http://www.newsweek.co.za/ Investment Workshops, Cashflow 101 Club, books & more
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
Saturday, May 24, 2008
Why Should I Make a Budget?
Why Should I Make a Budget?
You say you know where your money goes and you don’t need it all written down to keep up with it? I issue you this challenge. Keep track of every penny you spend for one month and I do mean every penny.
You will be shocked at what the itty-bitty expenses add up to. Take the total you spent on just one unnecessary item for the month, multiply it by 12 for months in a year and multiply the result by 5 to represent 5 years.
That is how much you could have saved AND drawn interest on in just five years. That, my friend, is the very reason all of us need a budget.
If we can get control of the small expenses that really don’t matter to the overall scheme of our lives, we can enjoy financial success.
The little things really do count. Cutting what you spend on lunch from five dollars a day to three dollars a day on every work day in a five day work week saves $10 a week… $40 a month… $480 a year… $2400 in five years….plus interest.
See what I mean… it really IS the little things and you still eat lunch everyday AND that was only one place to save money in your daily living without doing without one thing you really need. There are a lot of places to cut expenses if you look for them.
Set some specific long term and short term goals. There are no wrong answers here. If it’s important to you, then it’s important period.
If you want to be able to make a down payment on a house, start a college fund for your kids, buy a sports car, take a vacation to Aruba… anything… then that is your goal and your reason to get a handle on your financial situation now.
Financial & Investment Workshops, ebooks & financial freedom @ http://www.newsweek.co.za
You say you know where your money goes and you don’t need it all written down to keep up with it? I issue you this challenge. Keep track of every penny you spend for one month and I do mean every penny.
You will be shocked at what the itty-bitty expenses add up to. Take the total you spent on just one unnecessary item for the month, multiply it by 12 for months in a year and multiply the result by 5 to represent 5 years.
That is how much you could have saved AND drawn interest on in just five years. That, my friend, is the very reason all of us need a budget.
If we can get control of the small expenses that really don’t matter to the overall scheme of our lives, we can enjoy financial success.
The little things really do count. Cutting what you spend on lunch from five dollars a day to three dollars a day on every work day in a five day work week saves $10 a week… $40 a month… $480 a year… $2400 in five years….plus interest.
See what I mean… it really IS the little things and you still eat lunch everyday AND that was only one place to save money in your daily living without doing without one thing you really need. There are a lot of places to cut expenses if you look for them.
Set some specific long term and short term goals. There are no wrong answers here. If it’s important to you, then it’s important period.
If you want to be able to make a down payment on a house, start a college fund for your kids, buy a sports car, take a vacation to Aruba… anything… then that is your goal and your reason to get a handle on your financial situation now.
Financial & Investment Workshops, ebooks & financial freedom @ http://www.newsweek.co.za
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