This year I'm throwing away a word from my vocabulary.
I believe it's useless.
You've heard it every year from friends, family and even yourself.
And I guarantee you've tried to apply it.
You might think you need it to be a successful trader, business person, family man or even just a friend.
In fact, you might disagree with me heavily while you're reading this.
But in the end, y... ››› more
Einstein said it best,
“Insanity is doing the same thing over and over again and expecting different results”
If you've just start trading, then you're excused and you're very lucky to be reading this today.
However, if you've been trading for a number of years and your portfolio is still in the red - it's time to change that.
The truth of the matter is…
To be a successful tra... ››› more
In all of my years in financial publishing...
I have rarely come across an easier way to profit than this.
It doesn't matter if you haven't traded before...
It doesn't matter if you've tried a different technique and it didn't work out for you...
And it doesn't matter if you trade so regularly you think you won't have time to add these ‘pickpocket trades' to your da... ››› more
Two weeks ago I posted an article where I made a prediction on where gold is more likely to be going next.
The target I said was $1,550. At the time gold was trading at $1,305 an ounce.
If you missed it, you can catch up at the end of the article.
Since then, I've been overwhelmed by the number of questions you've asked me about this article.
Whether I'm checking emails, presenting at ... ››› more
Last year in almost every webinar I gave with Red Hot Storm Trader, I always spoke about where the ALSI 40 (All Share Index Top 40 Companies) was at.
Basically, the entire year I said that the index was going one way.
In fact, the ALSI40 started at 44,500 and ended the year at 44,500.
So you can say, the index went nowhere.
But the index has finally broken out of this side... ››› more
Let's paint a scenario.
You're at your computer, feeling “ready” to take on the financial market.
You see a trade has lined up and you're ready to buy a position.
You put in your trading levels and push the enter button, which get's you into your trade.
There's no going back.
All of a sudden…
You have this stomach curdling feeling. “Am I about to lose a whole lot of money... ››› more
“Timon why don't you be a man and risk 10% per trade?”
“I'm not going to get rich with risking 2% of my portfolio per trade, I'm sticking to 10%”.
I constantly get these snarky emails trying to convince me to change the way I trade.
I don't care about how amazing your trading strategy is.
There are two things I'm going to say.
Firstly, Don't worry about what I'm doing, ... ››› more
If you haven't noticed by now, I don't get influenced by what's HOT in the media.
Last week I spoke about my prediction, where I believe the rand will weaken to R16.80. If you missed it, you can look for the article "I was wrong".
If you search MoneyWeb.co.za, the Star and Business Day live ,you'll see the media is bombarding readers on why the rand is expected to weaken.
I like to write ... ››› more
Here is what our dear members have to share about:
Trading Tips TV
Red Hot Storm Trader
Trading events held by Timon Rossolimos:
Forex 101 Workshop - Joburg - 16 September 2017
"Very pleasurable presentation. Lots of good information. Timon is a good pre... ››› 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
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
The JSE's performance over the last seven days has been dismal to say the least. It's down 3.22% and nobody seems to know when it's going to stop.
Every major sector on the JSE has decreased taking the shares down with it.
Financials - Down 1.53%
Resources - Decreased 1.79%
Industrials - Fell 1.12%
Gold mining - Tanked 4.12%
But despite this poor performance, there are opportunities... ››› 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
Today I want to show you the only chart I ever use to trade Forex. You get three components in this chart,that you can't find in any other trading chart. To discover why it's the only chart you'll ever need to trade forex read on below.
Every piece of information to make a successful trade, lies in the candlestick
A Candlestick chart is a charting type you can find on any trading platform the... ››› more
In 2014, I warned you about a crash in Bitcoin. Which it did. It plummeted from $800 all the way down to $200.
I told you that I didn't like Bitcoin and that it was on a one way path to destruction.
But over the last two years, things have changed.
Bitcoin is becoming more and more popular as people are relying more on non-governmental influenced currencies.
And now with the downside o... ››› 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
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