Q. “Hi Timon, I want to join Red Hot Storm Trader but first I'm looking for the best trading platform…
Can you recommend how much a decent trading platform should cost a month and what the platform should have?”
A. Hi Jerry… To answer your first question, I have a one word answer.
You should NEVER have to pay for a trading platform. Not per m... ››› more
“Hi Timon, I'd like to bank an extra income a month while I'm in lock down… I am a 52 year old male and I would like to leave quarantine with a strong foundation with trading and maybe even a decent amount of income.
Before I join would like to ask you just 13 quick questions.
Please can you answer them briefly.”
~ Jim P
NOTE: You'll find the answers below each question…
__... ››› more
Q. “I have read that there will be a Bitcoin Halving process taking place this month. I guess I have three questions I was hoping you can help answer. What is Bitcoin Halving, bitcoin blocks and when will it end?”
A. These are all great questions as we are expecting to have the next Bitcoin Halving this month (May 2020).
Bitcoin Halving is a process where the number of Bitcoins... ››› more
Q. “I am a member of Pickpocket Trader and I trade using the ProTrader charting platform.
I only have two questions with regards to trading CFDs on international shares.
1. What is the difference between CFDs and EQTs on the platform?”
2. Where can find I find the ticker codes for Adidas, Lloyds and other international CFDs?”
A. When you type the name of the share you want t... ››› more
“HI Timon, I have taken an AUD/USD demo Forex trade since I finished with the Forex Profit Box Programme.
My trade details were as follows:
1 Mini-lot: 10,000 units
Take profit: 0.6780
Is there a way I can manually calculate the profit in rands for my Forex trade? Thank you…”
A. I have a three-step checklist to calculate... ››› more
Q. “Timon I see with Trading Tips, Red Hot Storm Trader and with the MATI Trader System Programme, that you're a strong advocate when it comes to breakout trading patterns. Could you tell me a few reasons why you love breakout trading so much?”
A. A trading style is something you need to explore and it should suit your personality and risk profile.
When it comes to breakout tra... ››› more
Q." I signed up with GT247.com and set up my account. Currently, I am fooling around with the simulated trading application.
I came across trailing orders and have been trying to understand it. I didn't notice it in the guide when I initiated the subscription for Red Hot Storm Trader. It is somewhat confusing to implement, please help…"
A. Trailing Stop Loss Order is simply a tool that... ››› more
Below you'll find important questions and answers about CFD trading…
Enjoy today's Q&A on CFDs.
CFDs versus Share Codes
Q “Are the CFD share symbols codes the same as for normal shares? How do you distinguish between CFD and normal share?”
A The CFD is just the derivative of the share...
So you're not buying a share, you're buying the exposure... ››› more
I must say… I'm very impressed with the level of questions I'm getting from you lately.
It's taking Trading Tips to a whole new level of trading professionalism.
And I couldn't be prouder of having you on board.
Just two years ago, I received very easy trading questions that you could find the answers on Google. But lately they have been in-depth questions that has required me to apply... ››› more
Welcome to the first Q&A for 2017 dedicated trader.
I see already, you're asking exciting trading questions/.
What is fantastic is that, I can see you want to prepare yourself for good profits in 2017.
I recommend all traders take a read at these questions and answers.
Q. Forex, Penny shares, equity – Which are best for me?
I'd like to start trading for wealth building. Wha... ››› more
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