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 the first two years... ››› more
I receive scores of questions from investors every week. But out of all of them there's one that I think you have to look at:
“Hi Francois, I'm retiring in a month and I want to invest some money in Binary Options. Is it worth it? I don't have any knowledge of it at all.”
What are binary options?
A binary option is a kind of option where you put down money to make a fixed return if... ››› more
Normally when I write about the rand, I expect the rand value to drop big time.
• In 2013, I told you how the rand was going from R9.00 to R10.50 to the dollar.
• In 2015, I showed you how the rand was going from 11.00 to R16.00 to the dollar
• And now I'm about to reveal where I expect the rand to go from R16.00
Fortunately over the years, every time I made a rand prediction it worked ... ››› more
Traders must limit their losses and protect their winning trades. But the problem is this:
They work on convoluted methods with complex formulas, numbers and unnecessary calculations.
But it doesn't have to be so complicated.
I'm going to show you how to limit your losses and improve your win rate by 50%. Best of all, it will only take you 15 minutes to understand how to use it.
Here's... ››› more
On Saturday FSPInvest and Timon Rossolimos Hosted the Forex 101 Workshop for 2016...
Here's what a few attendees had to say about their experience:
“This has taken my trading to a different and positive direction. Timon made it easy for me” – Thsepo
“I came here not having a clue. And now I know the business” TK Mushabela
“Looking forward for the Forex 102 W... ››› more
If you've been reading Trading Tips (TradingTipsSA.co.za) regularly, by now you should have:
• Essential trading rules to not blow your trading portfolio
• A few profitable trading strategies to follow
• Tips on how to boost your trading success
But where on earth do you find the money to start using these tips to trade for your
I'm going to address this issue today so yo... ››› more
First, I want to thank you for your questions on the Investors club. Every question you ask, helps me get an idea on what you need to trade more successfully. This year I want to make sure I answer as many of your burning questions as possible. And starting today, I thought we'd address this question from Markus.
“How can I save some money every month to trade Forex?"
Freeing up money to trad... ››› more
You read all about the wonderful profit opportunities that are in the market. And I'm sure in your mind or on paper, you know exactly what shares you want to pile in for the year. But there's still one tiny little thing missing. It's the one thing that salesman, brokers and even your friends forget to tell you about. The four hidden costs of trading. And today, I'm going to break these costs down ... ››› more
A day does not go by where I haven't learnt something about trading.
It's more dynamic than you'll ever imagine.
You see, every year there's an influx of new information feeding the market,
• Political and economical influences
• New opportunities to trade
And with each factor that influences the markets, changes the trading envir... ››› more
I can't think of anything more frustrating than this.
You buy a stock at a low price - the price goes up and hits your take profit. But you still end up taking a pitiful loss.
This happens more often than you think.
Read on to discover how not to make this mistake ever again.
Here’s how a share can go up in your favour and you still make a loss?
Let’s say you buy 11 Sasol stocks ... ››› more
Sam attended my Forex 101 Workshop last year. On the day, I gave him a profitable Forex strategy I've used over the last 12 years. At the end of the workshop, Sam came to me with the stink eye. He didn't believe it was that easy to make money from the Forex markets. That night he went home with the sole goal to prove my strategy wrong. Last week I got an email from Sam with good news. He told me h... ››› more
To get your year going on a strong note, you first need to set your goals. I've come up with three goals that'll make 2016 your most profitable. But I don't want you to be like most people who just follow their goals for a month, and then go back to their normal routine! No, I want you to focus on these goals as if it's your new business plan. And then stick to them. You'll thank me at the end of ... ››› more
Having a powerful Forex strategy is one crucial element to run a successful Forex career. But if you don't know how much money you need to put in per trade, you're wasting your time. At the end of the day, this is a money game not a Holy Grail game. And so today, I'm going to sum up in just two steps how much money you need to put into every Forex trade you take. Let's begin. Let’s look at the l... ››› more
“You need 10,000 hours under your belt to master a skill” I'm sure you've heard this before.
But a lot of commitment is required if you're looking to be a chess champion, cricket player or even a professional juggler. But I disagree when it comes to trading Forex. I can't think of anything further from the truth.
Here at Trading Tips, it's my passion to make sure you start profiting fro... ››› 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.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.