Happy New Year! I trust you had a fantastic festive time with your loved ones.
I'm looking forward to helping you make 2019 your most successful trading year yet! I've spent the last two weeks, doing intensive technical analysis on all my charts on the watch list.
Over the next five weeks I'll be sending you my top five predictions on gold, the JSE, the rand, the euro and oil.
Here'... ››› more
Normally when a trader takes a trade, they follow a specific trading plan with strict entry, exit and money management rules.
I do exactly the same thing, but with a twist.
What if I told you I have a secret signal, you can use to increase your chances of profiting from a trade.
Today, I'm going to let you in on this secret signal and tell you how to increase your chances of success wi... ››› more
Last week I revealed three of the most important trading habits you'll need to adapt to become a successful trader.
These habits were based on one of the most popular financial books of all time called “The Seven Habits of Highly Effective People”.
It's one book that I like to read and absorb every five years, to apply to my trading and with life.
If you missed it, you... ››› more
Over the weekend I read one of my favourite books of all time.
I'm sure you've read it or at least heard of the legend and late Steven Covey's 'Seven Habits of Highly Effective People'.
To put it briefly, the book is about finding ways to adapt to common traits that are believed to help with any person's success.
Well, every five years I read it again to see how I can relate to and ... ››› more
This is normal for a newbie trader.
You've just gone through a winning streak where you've banked three winners in a row.
At this stage you start to feel like you own the market where you think you've cracked the code to successful trading.
You then decide to bet bigger than you ever have.
Once you enter this frame of mind, you'll see that you can destroy your portfolio very quickl... ››› more
Everyone wants to be apart of the elite 5% of traders who are constantly making money from the markets, month after month.
But the reality is...
95% of traders enter the markets, get destroyed and then leave with the idea of trading being a complete scam.
Fortunately i have been able to make a consistent income over the last 15 years and now I wish to give back to you.
Today I'm go... ››› more
Over the past month I've warned you about how the ongoing issues with the emerging markets, the rising petrol prices and with a sudden change with the ANC cabinet, we've seen the rand to weaken back to R15.00 per US dollar.
This has resulted in the JSE collapsing over 14% in the matter of two months.
While the JSE was in free fall, I noticed that investors were starting to pile their money... ››› more
It may seem obvious that if you take a 5% loss, you'll need just over 5% return to recover your portfolio.
But as you lose more, you'll need to recover exponentially more than the actual percentage lost.
Traders call this series of consecutive losses – the drawdown.
Many traders just don’t think about what they’ll need to recover during a losing period.
... ››› more
In early July this year,
I announced the demise of the South African rand. At that time, the currency was trading at R13.00 per US Dollar.
With the economy shrinking 0.7%, the petrol price jumping to R17.00 per liter and added pressure to emerging currencies led by the Turkish Lira and Argentina Peso, the rand has been hit hard.
Today it will cost you R14.40 for j... ››› more
It is every trader's goal to be able to accurately predict where markets are heading.
And it's been my mission this year to find a reliable indicator that can predict where the JSE ALSI Top 40 is headed.
After plotting a whole bunch of indicators, relative strength oscillators and indices, I think I've done it.
And it's all thanks to Japan.
Today I'll discuss this predictor, wh... ››› more
Q “First of all, a bladdy well done on the accurate Brent Crude prediction article Timon… It hit the $80 in just a matter of two weeks.
I missed the entry as I was already holding a number of stocks but I can't wait for the next prediction. Where do you think the Brent Crude price will move from here?”
A. The target was simply based on the falling wedge analysis. Basically, when there ... ››› more
For the past 16 years I've followed a strategy that's yielded a 60% win/rate on average.
This means every 10 trades I take, I can expect to bank 6 winners.
This year, it's been different.
In fact, it's been one of the most difficult years to profit from the JSE as the market has remained inside a tight sideways range.
Last week, it got to the point where I started to worry about m... ››› more
For the first time in 19 years, Africa's biggest grocer (Shoprite) reported its first annual earnings decline.
With the Listeria outbreak, the higher fuel prices, the increased VAT, the ongoing strikes, 489 armed robberies and the ever-weakening rand this decline was inevitable.
Even Chief Executive Pieter Engelbrecht mentioned “the toughest (year) that I can recall”.
In term... ››› more
For the last four years, this index has been sitting in my “TBTT” (Too Boring To Trade) list.
It's done absolutely nothing but consolidate in a sideways trend since 2014.
Until last month… where it broke out of its chains and started an entirely new trend - up!
This is now one index that's no longer too boring to trade- I see some significant profit opportunities lining up.
... ››› more
Take a look at this chart...
See the big fat flat red line – that means the JSE is going nowhere fast. There is no strong rise or fall. In fact, you might say its flat lining.
For a trader, we call this a sideways market and this is the perfect picture.
Above is the daily JSE All Share Top 40 Index chart since January 2018!
Anyone... ››› more
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