The US Dollar has been in the limelight and not in a good way. In fact, he US dollar has not been dimmer since 22 September 2022 where it was trading at 114.42.
Currently it’s at 103.90 (9.19%) down…
But what does it all mean?
Why is the Dixie such a popular index to understand, and trade.
You see it in the news every time you turn on Bloomberg and you see...
I don’t care if you’re new or old to the trading business.
This will apply to you, regardless.
In this short but vital article, we’ll go through 3 of “Before you do this – You need to do that”.
#1: BEFORE YOU TRADE – LOOK
Trading is a strategy game.
You don’t just thumb suck a trade and guess where the market will head.
No, you have your criteria on:
• The...
Trading well is a marathon and not a quick race.
It doesn’t matter how much money you banked in a week, winners you took or how much money you have in your account.
What does matter is one word “Persistence”. And with persistence comes, 10 signs that you’re doing well with trading.
Let’s get to them…
Sign #1: You have the passion to LEARN how to trade
When...
So, you’re probably wondering how you’re doing as a trader.
• Are you rich?
• Is your portfolio shooting up?
• How many winners did you bank this week?
If you think those are the questions to ask –
Then YOU’RE WRONG!
As I’ve mentioned many times before. Trading well is a marathon and not a quick race.
It doesn’t matter how much money you banked in a week,...
Listen, there are only two types of market environments…
FAVOURABLE – Where the price movements yield high probability trade setups…
UNFAVOURABLE – Where the movements in the market do NOT offer high profitable trade setups…
For example… With my breakout MATI Trader System, I need a market that has broken out of a sideways range in order to ride and...
As we are expecting Steinhoff to delist soon.
What if you continue holding shares in the company?
From my experience when a company goes from listed to private it means a few things.
1. Liquidity issues
Volume will be low where you might not be able to exit a position with a rightful buyer or sell
2. lack of transparency
This leads to uncertainty for...
I’m from South Africa.
I’ve observed the movements and ways of life of wildlife at different game reserves, resorts and zoos. Penwarm, Kruger National Park, Londolozi and Sabi Sand Game Reserve to name a few.
And I’ve seen how leopards work when they catch their prey.
This methodology is very similar to how we as trader should act in the financial markets....
Trading Journals are essential. It's your game plan to what you could potentially see in the future as a trader.
In the above image are the 25 metrics every Trading Journal should have...
And below are 10 benefits for having a trading journal...
1. KEEP TRACK
A trading journal helps to keep track of your trades, including the reasons for making the trade, the...
This is a reference guide with five questions you need to ask, the next time a trade lines up and you need to take a trade.
Ask and answer these questions out loudly to help you execute your trade easily the next time.
Question 1:
Do I have a strategy or plan?
First, you need make sure you have a proven and profitable strategy.
Or else how else will you take...
To trade successfully in the financial markets, it's important to consider five key factors:
The markets you choose to trade in.
The method you use to enter and exit trades
The money you use for risk management
The mind-set you bring to the process.
The miscellaneous rules and tools you use to increase your win rate and manage your drawdowns.
MARKETS
First,...
To start anything in life, no matter what it is or how long it may seem, you need to take the first step.
With trading it’s the same, with one little difference.
You have the opportunity to learn the costly mistakes, tips and the strategies that have worked for other successful traders.
This way you can, take the shortcut to kick start your trading career, make...
First of all, trading is not a short-term proposition to get rich.
Anyone who says otherwise, needs to spend some time thinking about doing before speaking inside a jail cell.
No…
Trading is a lifestyle that you’ll need to adapt and integrate into yours and your family’s financial future.
Whenever you start something new, especially for a financial gain,...
Expectations and Trading
When you trade, you look at chances that either come true or don't. You can't expect or demand anything from the market or from other people who take part in the market. No one owes anyone anything in this world, and trading is no different.
In trading, you have complete freedom of expression; you can do almost anything and however you...
Here is a list of eight of the main financial regulatory agencies that are backed with strict regulatory enforcement in other countries…
You’ll need to make sure the broker you choose is approved by one of the below.
South Africa (FSCA) - The Financial Sector Conduct Authority
USA (SEC) – Securities And Exchange Commission
Eurozone (MiFID) – Markets In...
Q. How do you work out CFD Interest Swaps with an example?
Answer: CFDs is an instrument where you pay a small amount of money to be exposed to the full value of the share.
With CFDs, there are daily charges when you buy and daily income interest that you receive when you sell (go short).
The charge is known as a ‘daily swap’ or ‘daily interest charge’.
You...
If you’re new to trading, listen up.
There are serpent companies and individuals out there, with only one goal.
To make profits and money for themselves and NO one else.
They do this by exploiting the newbie trader’s optimism, greed and fear by tricking them into what I call “Easy-Money-Traps”.
As a savvy trader, you need to know how to spot and avoid these...
Hello again! Here I prepared for you what I consider the most important tool when it comes to risk management and developing a discipline, which helped me a lot in my trading journey: stop loss!
At first, I have to admit that I found it truly frustrating to see how 2 pips can trigger the stop loss and right after that my position reaches my target, but in...
I guess my number one rule to prevent a portfolio going bust is my 20% Rule…
The rule is simple.
If my portfolio ever drops below 20%, due to a losing streak, I halt trading…
Notice the word halt instead of STOP.
When a portfolio is down 20%, this is where you’ll halt your trading but you’ll
KEEP following your trading strategy.
So, you’ll simply demo trade...
