Today, we are very fortunate to have my trading mentor and personal friend in the building.
His name is Igor Marinkovic.
You might have seen him present with me at a Forex seminar, at a South African Gala dinner or elsewhere.
Well, Igor has been a mentor to not only me but also to hundreds and thousands of readers on his website.
And so, without wasting any more time, let's get straight in... ››› more
Dear Trading Tips reader,
You're in a Euro Dollar Forex trade.
It's going up nicely and is about to hit your take profit sell signal, where you'll bank a decent gain.
But then, you go against the system and raise your take profit further.
You just “know” the trade will keep going up where you can bank an even higher profit.
The market has passed your initial take profit and ... ››› more
Dear Trading Tips reader,
On Saturday, at the Forex 101 Workshop in Durban, an attendee asked a question which sparked an interest with the rest of the attendees.
“Out of the hundreds of news events, which ones are the most important to trade with?”
I could see by their faces that they all wanted to know the answer to this question.
Who wouldn't? Everyone wants to know which eve... ››› more
Let's say you have your proven strategy, correct mind set and strong money management rules.
Is that all it takes to be a successful trader?
For the first four years of trading, I believed it was.
Until one day, I woke up and realised I was down R70,000, in just three weeks.
I didn't understand what I was doing wrong.
Today, I want to show you how you can avoid making this mistake w... ››› more
Can Forex trading really make money? Is it really possible to make more money from trading than you'll lose? What are the risks you'll have to take on in order to succeed as a Forex Trader? These are the hard questions Timon Rossolimos answers in this five minute Forex Lesson
If you missed the begining of the Five Minute Forex mini course, it's not too late to catch up - register here ... ››› more
Most Forex traders make this one massive mistake when it comes to their trading. This one mistake could cost you your trading account. In this lesson, Timon explains how and why you need to protect your money from yourself...
Make sure you're not missing out - join the full Five Minute Trader programme here - for free - and gain access to a host of additional free trading tips and reso... ››› more
So, you want to be a Forex Trader? Great. But there is one very important thing you need to do before you even consider placing a trade... In this five minute lesson, Timon Rossolimos explains the most fundamental step any Forex trader needs to take to succeed in making money from Forex. Enjoy!
Do you want access to the rest of Timon's 5 minute lessons? Then make sure to join the full ... ››› more
Pips, strength, weakness, ZAR, USD!
If you've watched Bloomberg, CNBC or sky news, it can be a daunting task to try and understand all of these jargon Forex terms.
But what If I could show you how to understand these currency pairs in a way you'll never forget it.
I'm not going to bore you with too much information. In fact, one chart is all we need to make sure you remember how to und... ››› more
New traders think that when I talk about risking risk 2% of their portfolio, it means investing 2% of what their portfolio is worth.
But that's not what I mean.
Let's say you have R10,000, and you only want to risk 2% or R200 of that amount to trade CFDs.
Here's how much you'll need to invest in your CFD trade…
First some investing/trading 101 basics
Step #1: Know how much you ... ››› more
Back in 2003, I had such ridiculous expectations when I first started out trading.
I thought I could turn R30,000 into R60, 000 rand in just one month. I was at a stage in my life where ego controlled my trading decisions.
Because I had this incredible power to trade on the stock market, I felt like a trading emperor.
I imagined I never had to work another day in my life!
But in th... ››› more
There are so many Forex scams out there promising fast gains and lucrative returns, that when most traders hear the word “Forex”, they immediately think that we're out there to swindle you out of your money.
But at FSPInvest, we don't make promises that we can't keep. So when we say that our Forex Trader service is a great way to make quick gains from trading international currencies, we m... ››› more
Two weeks ago, I attended a business conference at Château de Courtomer in France.
From 8:00 am until 4:30, I attended meeting after meeting in different rooms in the castle.
It was productive for business and it was a wonderful opportunity for Trading Tips as I now have new and exciting ventures I'll be working on for you.
Unfortunately, during this trip. I was hit by the biggest hidden... ››› more
Every week I meet with the FSPInvest team. We usually discuss investment strategies, economic situations and the best investment opportunities on the market today.
Well, this week, things went a little a differently. I realised that many investors are turning to Forex trading as away to make money from the markets. But since this is such challenging investment solution, I decided to find out m... ››› more
Whenever I speak to Timon Rossolimos, the head of the FSPInvest desk, about investing, he does his best to convince me that trading is the best way to make money in the markets.
Now I'm an entrepreneur and a long-term investor. I usually throw a bunch of excuses at Timon while he is trying to convince me to trade.
• “I don't have enough money to trade.”
• “I don't have time to ... ››› more
I thought you may be interested in reading my answers to some of the recent trading questions I received on from traders on our investing club, www.investorsclub.co.za
If you have a question of your own, simply sign up (it's FREE) and ask away. Either I or one of the other FSPInvest experts will answer your trading and investing questions within 72 hours.
Q: How much do I need to make an ... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
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