We'v been waiting a few weeks now to see the stock market peaking. It seems as if the turn has finally come and that the bulls are finally running out of charge. There are numerous signals supporting a down turn in the market is pending now.
As of yesterday the 30 yr T bill chart shows an Evening star or bearish candle pattern at resistance. The dollar has also made an opposite bullish candle pattern or Morning star suggesting that it is going to go stronger the short term. This should put some pressure on commodity demand therefore resource based stocks and emerging markets. Watch the Shanghai.
The Dow Jones Industrial and the S&P 500 also look very top heavy at their respective resistance levels. They have also reached 161% fib extension levels and now sit testing their respective 10ema or 20ema support moving averages. This is dangerous territory if you are a bull or if you are expecting the market to go higher yet.
Our local stock market is also peaking displaying shooting stars at resistance levels. Not to say that this is the beginning of the double dip recession. We are not of the belief that a double dip recession will take place. However, we are due for a wave four count in our current macro wave cycle. A wave four count is a negative move which does go below the lowest point of the previous low. This would be around 9800 on the Dow Jones.
Trade well; not often.
-----------------------------------------------
Stock Market Investment Workshops, ebooks & financial freedom @ http://www.wealthskills.co.za Visit Forex Fund Management for consistent returns by a Forex Pro looking after your money while it works for you.
Showing posts with label stock market trading. Show all posts
Showing posts with label stock market trading. Show all posts
Wednesday, October 20, 2010
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.
Friday, November 27, 2009
Stock Market Update
Stock Market Updates:
Our recent stock market newsletter, sent 23rd November, stated that the markets were very top heavy, meaning they were at resistance levels. We advised that investors should remain out of the stock market until further notice.
"If investors or traders are holding positions that they should either look to exit at these resistance levels (traders)or be prepared to hold through the correction (investors) and then add to their holdings."
The Shanghai was the early indicator of the stock market weakness at resistance levels. The DAX then followed by making a lower top or lower high. These signals need to be heeded.
Then we heard about the Dubai World debt crisis. It only takes a small bit of negative news to discount the current stock market perceptions and create a sell off that we have noticed using technical analysis on the charts.
The interesting thing about the Dubai crisis is that the news is old. Maybe not to the public and the man in the street but the investors and bankers all knew about the announcement to come at least a few days before it was announced. Conspiracy? Yes, somewhat. Read the charts. Ask some questions!
Why didn't the global markets make new highs this week? The S&P 500, the Dow Jones, the DAX, Shanghai, FTSE 100 and even the local All Share Index in South Africa could not bring themselves to make new highs and break the resistance. The stock markets couldn't break this level as bad news was coming. The smart money was preparing to move out of the markets temporarily. They gave you and I, the little guy, warning for about 5 days.
The next question is, "Did you heed the warning?" Many people trying to invest and trade the stock markets aren't able to handle the emotional journey. They suffer from the emotional pull of the stock markets with fear after a sell off or correction or even recession with the greed that the stock markets will always climb higher. TIP: The stock markets never go up or down in a straight line! They always experience cycles.
How do stock market cycles work?
You get small micro cycles which people trade intra-day or in very short term periods of 1-3 days. You get swing cycles otherwise known as swing trades which can last from 3 days to 3 or 4 weeks. You also get minor cycles which can last for 3 weeks to around 3 months, sometimes extended through to 6 or even 9 months. The major cycles are those we see in the stock market as we go from stock market boom to stock market bust! Which time frame do you want to play in?
I teach people to take advantage of any one of these time frames. Different people enable different choices and needs and ability. some people can handle the daily emotional ebb and flow of intra-day trading... it's only a select few that can actually make a success of short term trading in the intraday arena. Perhaps as few as 2% of people can actually handle this form of trading.
The next type of person is a short term trader that can take trades from 1-3 days and also require especially strong emotional and mental discipline. So, 90% of the reason you will make money or loss it will be down to your personal psychology. About another 3% of people can handle this type of stock market trading.
The easier time frame to be involved in would be the swing trade! This stock market cycle is much easier on the energy, mental and emotional discipline as well as time required to short term trade. Many more people are able to take advantage of this stock market cycle also called a swing trade. It does take some practice as well as much skill in chart analysis. This can be learnt.
The simplest time frame is that of the investor or a major stock market cycle. We've just entered into the next 5-year boom cycle on the stock market and you could simply buy good shares in good sectors and leave them for 4 and a half years. My only TIP would be that you ensure that the sector and shares remain above the 89-day moving average. Do that and you can get good returns on average.
However, if you want better than average returns, you would need to shorten your stock market cycle and focus more on the swing trades to make money as the different sectors grow and pull back. Each time, you are making money in the growth cycle and exit at resistance levels. Then invest again in sectors that are performing to compound your portfolio growth.
Take the time to learn stock market cycles. Then train your emotions to be patient for entries and resilience to exit at resistance. Repeat!
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.
Our recent stock market newsletter, sent 23rd November, stated that the markets were very top heavy, meaning they were at resistance levels. We advised that investors should remain out of the stock market until further notice.
"If investors or traders are holding positions that they should either look to exit at these resistance levels (traders)or be prepared to hold through the correction (investors) and then add to their holdings."
The Shanghai was the early indicator of the stock market weakness at resistance levels. The DAX then followed by making a lower top or lower high. These signals need to be heeded.
Then we heard about the Dubai World debt crisis. It only takes a small bit of negative news to discount the current stock market perceptions and create a sell off that we have noticed using technical analysis on the charts.
The interesting thing about the Dubai crisis is that the news is old. Maybe not to the public and the man in the street but the investors and bankers all knew about the announcement to come at least a few days before it was announced. Conspiracy? Yes, somewhat. Read the charts. Ask some questions!
Why didn't the global markets make new highs this week? The S&P 500, the Dow Jones, the DAX, Shanghai, FTSE 100 and even the local All Share Index in South Africa could not bring themselves to make new highs and break the resistance. The stock markets couldn't break this level as bad news was coming. The smart money was preparing to move out of the markets temporarily. They gave you and I, the little guy, warning for about 5 days.
The next question is, "Did you heed the warning?" Many people trying to invest and trade the stock markets aren't able to handle the emotional journey. They suffer from the emotional pull of the stock markets with fear after a sell off or correction or even recession with the greed that the stock markets will always climb higher. TIP: The stock markets never go up or down in a straight line! They always experience cycles.
How do stock market cycles work?
You get small micro cycles which people trade intra-day or in very short term periods of 1-3 days. You get swing cycles otherwise known as swing trades which can last from 3 days to 3 or 4 weeks. You also get minor cycles which can last for 3 weeks to around 3 months, sometimes extended through to 6 or even 9 months. The major cycles are those we see in the stock market as we go from stock market boom to stock market bust! Which time frame do you want to play in?
I teach people to take advantage of any one of these time frames. Different people enable different choices and needs and ability. some people can handle the daily emotional ebb and flow of intra-day trading... it's only a select few that can actually make a success of short term trading in the intraday arena. Perhaps as few as 2% of people can actually handle this form of trading.
The next type of person is a short term trader that can take trades from 1-3 days and also require especially strong emotional and mental discipline. So, 90% of the reason you will make money or loss it will be down to your personal psychology. About another 3% of people can handle this type of stock market trading.
The easier time frame to be involved in would be the swing trade! This stock market cycle is much easier on the energy, mental and emotional discipline as well as time required to short term trade. Many more people are able to take advantage of this stock market cycle also called a swing trade. It does take some practice as well as much skill in chart analysis. This can be learnt.
The simplest time frame is that of the investor or a major stock market cycle. We've just entered into the next 5-year boom cycle on the stock market and you could simply buy good shares in good sectors and leave them for 4 and a half years. My only TIP would be that you ensure that the sector and shares remain above the 89-day moving average. Do that and you can get good returns on average.
However, if you want better than average returns, you would need to shorten your stock market cycle and focus more on the swing trades to make money as the different sectors grow and pull back. Each time, you are making money in the growth cycle and exit at resistance levels. Then invest again in sectors that are performing to compound your portfolio growth.
Take the time to learn stock market cycles. Then train your emotions to be patient for entries and resilience to exit at resistance. Repeat!
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.
Monday, November 23, 2009
Dollar Weakens & Commodities Rally!
Dollar Weakens & Commodities Rally!
It's not entirely what I was expecting but the global markets seriously rallied today after the dollar took a pounding (ahem, excuse the pun)!
With that being said about commodities rallying, GOLD hit a new high again and is well on its way to my medium target of $1350! So hold on to the rodeo horse cos it's going to be a fun ride!
My favourite share of the moment, Kumba also closed up very strongly today. I missed the entry at 25000 by R1.00 on Friday with my automatic order in the system. Sometimes you get the trade, sometimes you don't. It would've been a fantastic entry however as the share closed R9.00 up from low of Friday.
Also, Anglo American and PSG were good trades today and I like the look of Datatec too. There is some convergence of the moving averages on that chart.
Platinum also pulled back on Friday and although it didn't quite reach my support level it certainly did weaken considerably. It gave entries to my other favourites Lonmin and Northam platinum. Both up on the day with Lonmin moving over R10 to the good which puts it at about 5% for the day. Can't complain!
Short term trading can still be exciting on day's like this when the markets run in your favour and you know you going to bank some serious profits over the next day or two. Stock market trading is not supposed to be a full time job. Learn to take short term trades with high profitability over time with consistent success!
Do this and you write yourself cheque for life! And you can enjoy life with some stock market trading inbetween!
Trade well, not often.
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.
It's not entirely what I was expecting but the global markets seriously rallied today after the dollar took a pounding (ahem, excuse the pun)!
With that being said about commodities rallying, GOLD hit a new high again and is well on its way to my medium target of $1350! So hold on to the rodeo horse cos it's going to be a fun ride!
My favourite share of the moment, Kumba also closed up very strongly today. I missed the entry at 25000 by R1.00 on Friday with my automatic order in the system. Sometimes you get the trade, sometimes you don't. It would've been a fantastic entry however as the share closed R9.00 up from low of Friday.
Also, Anglo American and PSG were good trades today and I like the look of Datatec too. There is some convergence of the moving averages on that chart.
Platinum also pulled back on Friday and although it didn't quite reach my support level it certainly did weaken considerably. It gave entries to my other favourites Lonmin and Northam platinum. Both up on the day with Lonmin moving over R10 to the good which puts it at about 5% for the day. Can't complain!
Short term trading can still be exciting on day's like this when the markets run in your favour and you know you going to bank some serious profits over the next day or two. Stock market trading is not supposed to be a full time job. Learn to take short term trades with high profitability over time with consistent success!
Do this and you write yourself cheque for life! And you can enjoy life with some stock market trading inbetween!
Trade well, not often.
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.
Subscribe to:
Posts (Atom)
Posts
