We recently took a short term trade in platinum going long as the commodity found support at $1531. Our profit target was $1610. As the dollar was expected to go weaker commodities generally go higher.
We held the short term trade in platinum until $1600 with a profit of $70 we were happy to close the long position.
For a bigger view of the above chart click on it.
Do you want to learn stock market trading?
-------------------------------------------------------------------------------------------------------------Stock Market Investment Workshops, ebooks and financial freedom @ http://www.newsweek.co.za Visit http://www.howtotrade.co.za/ if you want to learn forex to trade for yourself or if you dont have the time we can trade forex for you!
Wednesday, August 4, 2010
Wednesday, June 30, 2010
Day Trading Shorts across stock markets
We take some more shorts and take another massive day trading profit across the global markets!
With our recent investment newsletter we commented to our traders that we thought the stock markets were weak and reversal patterns were showing everywhere last week Wednesday already...
Since then we've had clients rake in 24% in trading profits! Why can't we help you do the same?
We shorted the DAX, Dow, S&P 500 and our local index the ALSI top 40. Fantastic day trading profits were there for the taking.
Learn trading now...
Visit our site at www.wealthskills.co.za
-----------------------------------
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.
With our recent investment newsletter we commented to our traders that we thought the stock markets were weak and reversal patterns were showing everywhere last week Wednesday already...
Since then we've had clients rake in 24% in trading profits! Why can't we help you do the same?
We shorted the DAX, Dow, S&P 500 and our local index the ALSI top 40. Fantastic day trading profits were there for the taking.
Learn trading now...
Visit our site at www.wealthskills.co.za
-----------------------------------
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.
Friday, June 25, 2010
Day Trading Online for Profits
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.
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.
Thursday, April 1, 2010
Forex Trading VIDEO
After watching this very powerful video, I can't wait to write you this email to announce to you what I have seen…
Mr. Kishore M, an international investment coach & sage of trading (interviewed by Bloomberg, Channel News Asia & BBC) has revealed his proprietary trading strategy, 100% Accuracy Forex Trading Strategy in this powerful video >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
Yes, the name sounds a bit too overstated. After I watch the video, I know that he really knows his trading stuff very very well. (or I should say he really knows exactly how to trade profitably in forex market). Before you start to believe whatever I said, watch the video yourself first >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
In the powerful video page above, if you choose to receive more trading strategy videos, Mr. Kishore M is going to show you 3 more InstantFxProfits trading strategies he has been using to make much more than enough profits for his family & his kind of lifestyle.
Fortunately enough, all these 3 additional videos are of ZERO cost to you.
Here is a glimpse of what you will see in these 3 additional videos
>>
Video #1:
Step by step execution of Instant Pip Profits strategy. A strategy which Robert Kiyosaki's ambassador, Mr Bellum Tan has been using.
He made US$50,000 profits with a capital of US$5,000 within 22 days after learning this strategy from Kishore M. Since then, Mr. Bellum Tan's trading account continues to grow.
Video #2:
Pip Breakout Explosive Profits strategy. A technique aims to make 350% explosive returns in half a day.
Video #3:
Tutorial session by Ms. Mona to clearly explain Kishore M's
strategy in depth. Ms. Mona is the top performing student of
Kishore M (ranked in term of profit amount she generated). Her account grows to more than US$163,000 from only US$1000 capital. Of course, she is also one of the most hardworking students of Kishore M, she deserves the result she gets.
To watch Mr. Kishore M video & get the 3 additional videos, here is the video page >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
* P.S. Before Mr. Kishore M decides to remove the video, watch it now >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
** P.P.S. For more than 10 years, Kishore M has trained over 100,000+ students around the world, including professionals from AMEX, Deutsche Bank, HSBC, REFCO and Citibank.
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.
Mr. Kishore M, an international investment coach & sage of trading (interviewed by Bloomberg, Channel News Asia & BBC) has revealed his proprietary trading strategy, 100% Accuracy Forex Trading Strategy in this powerful video >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
Yes, the name sounds a bit too overstated. After I watch the video, I know that he really knows his trading stuff very very well. (or I should say he really knows exactly how to trade profitably in forex market). Before you start to believe whatever I said, watch the video yourself first >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
In the powerful video page above, if you choose to receive more trading strategy videos, Mr. Kishore M is going to show you 3 more InstantFxProfits trading strategies he has been using to make much more than enough profits for his family & his kind of lifestyle.
Fortunately enough, all these 3 additional videos are of ZERO cost to you.
Here is a glimpse of what you will see in these 3 additional videos
>>
Video #1:
Step by step execution of Instant Pip Profits strategy. A strategy which Robert Kiyosaki's ambassador, Mr Bellum Tan has been using.
He made US$50,000 profits with a capital of US$5,000 within 22 days after learning this strategy from Kishore M. Since then, Mr. Bellum Tan's trading account continues to grow.
Video #2:
Pip Breakout Explosive Profits strategy. A technique aims to make 350% explosive returns in half a day.
Video #3:
Tutorial session by Ms. Mona to clearly explain Kishore M's
strategy in depth. Ms. Mona is the top performing student of
Kishore M (ranked in term of profit amount she generated). Her account grows to more than US$163,000 from only US$1000 capital. Of course, she is also one of the most hardworking students of Kishore M, she deserves the result she gets.
To watch Mr. Kishore M video & get the 3 additional videos, here is the video page >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
* P.S. Before Mr. Kishore M decides to remove the video, watch it now >>
http://www.ifxprofits.com?a_aid=a647a425&a_bid=e87a2b50
** P.P.S. For more than 10 years, Kishore M has trained over 100,000+ students around the world, including professionals from AMEX, Deutsche Bank, HSBC, REFCO and Citibank.
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.
Friday, January 22, 2010
Short Sell Positions
As per the Shooting Stars I discussed last week, they were the warning of the top end of the global stock markets and since then, global stock markets have pulled back in a major sell off starting yesterday.
Taking short (selling) positions in the DAX, FTSE and S&P 500 indices have reaped some very good returns already. We are taking profits at this point or at least moving stops into profits and closing half the position.
A number of opportunities will present themselves for short term traders or swing traders early next week once the pull back consolidates and then begins the next bull wave.
However, if certain critical levels of support are broken today then there is likely an extended sell off in the short term as the dollar strengthens in the very short term.
Stock markets around the globe are feeling the pinch as the dollar gained strength and forced commodities across the board to cool off. This provides an excellent opportunity to short term traders to be able to take short positions, but preferably with entries yesterday.
This dip in the global stock markets and commodity prices also provides an excellent swing trade opportunity to go bullish again in the next wave. Timing is important and should be considered only after hammer candles present themselves.
Watch the dollar for any weakness at resistance levels. Keep an eye out for support levels on the right levels.
Best trading this quarter.
Trading Mentor.
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.
Taking short (selling) positions in the DAX, FTSE and S&P 500 indices have reaped some very good returns already. We are taking profits at this point or at least moving stops into profits and closing half the position.
A number of opportunities will present themselves for short term traders or swing traders early next week once the pull back consolidates and then begins the next bull wave.
However, if certain critical levels of support are broken today then there is likely an extended sell off in the short term as the dollar strengthens in the very short term.
Stock markets around the globe are feeling the pinch as the dollar gained strength and forced commodities across the board to cool off. This provides an excellent opportunity to short term traders to be able to take short positions, but preferably with entries yesterday.
This dip in the global stock markets and commodity prices also provides an excellent swing trade opportunity to go bullish again in the next wave. Timing is important and should be considered only after hammer candles present themselves.
Watch the dollar for any weakness at resistance levels. Keep an eye out for support levels on the right levels.
Best trading this quarter.
Trading Mentor.
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.
Wednesday, January 13, 2010
Caution: Shooting star candles
This was the subject line of an urgent mail sent to our trading and investment clients on Tuesday morning 9h05!
Caution: Shooting Star candles across the stock markets and indices especially for Resources so take caution today.
We considered that short term traders should take profits and that investors be aware of a pull back but to use it as an opportunity to add to their existing investment positions at a discounted price in the resource rally.
Some prices have already bounced including Kumba our preferred stock pick. It pulled back to the moving average as support at 31600c and is now sitting right back at 330000c in just 2 days.
Platinum stocks had a similar experience. Some sectors like construction failed to secure a higher top so therein lies a potential opportunity to short the sector and construction stocks like Murray (target 4000c) and Group 5 as well to name a few.
We also discussed how the pharmaceutical sector have topped out and are due for a pull back and it happened this week. Aspen is now testing the 50ema support at 7000c and for medium term investors could prove to be a fair entry level as this is off the high of 7350 or so and provides an opportunity to enter with a 5% discount. It may be early however. Consider confirmations...
GOLD Futures reached $1145 and beyond in the recent rally discussed from $1075 low. The dollar yoyo effect is playing havoc with short term position calls so it is best to wait it out until the dust settle and take the next swing position as it comes.
Keep an eye on TECH stocks.
Best stock trading 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.
Caution: Shooting Star candles across the stock markets and indices especially for Resources so take caution today.
We considered that short term traders should take profits and that investors be aware of a pull back but to use it as an opportunity to add to their existing investment positions at a discounted price in the resource rally.
Some prices have already bounced including Kumba our preferred stock pick. It pulled back to the moving average as support at 31600c and is now sitting right back at 330000c in just 2 days.
Platinum stocks had a similar experience. Some sectors like construction failed to secure a higher top so therein lies a potential opportunity to short the sector and construction stocks like Murray (target 4000c) and Group 5 as well to name a few.
We also discussed how the pharmaceutical sector have topped out and are due for a pull back and it happened this week. Aspen is now testing the 50ema support at 7000c and for medium term investors could prove to be a fair entry level as this is off the high of 7350 or so and provides an opportunity to enter with a 5% discount. It may be early however. Consider confirmations...
GOLD Futures reached $1145 and beyond in the recent rally discussed from $1075 low. The dollar yoyo effect is playing havoc with short term position calls so it is best to wait it out until the dust settle and take the next swing position as it comes.
Keep an eye on TECH stocks.
Best stock trading 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.
Sunday, January 10, 2010
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.
Financial & 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.
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.
Financial & 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.
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