Q. “Would you please clear something for me. There was recently a trade recommendation for Brent Crude. This is quoted in US dollars? How do you work out a 2% risk with a South African rand denominated account?”
A. Sure, I’ll share with you an easy calculation from the most recent Brent crude trade we sent out via Pickpocket Trader on 28 October 2021.
Here are the tr... ››› more
In the last part of 2021, we've already banked seven profitable trades.
Take a look at the last 7 trades…
• Aspen for a 28.02% gain in just 38 days.
• Anglo American for a 63.39% gain in 9 days.
• Spar for a 25% gain in 10 days.
• BHP Billiton for a 73.12% gain in 5 days.
• First Rand Bank for a 5.83% gain in 15 days.
• Spar for a -28.40% loss in 28 days.
... ››› more
Did you hear?
Some unfortunate crypto investors/traders lost everything.
And that's not hyperbole.
In just under a month, one crypto exploded 83,000%. Only for it to erase all these gains just a couple of weeks later.
So what happened?
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Will you outlive your money?
My colleague Josh Benton recently discovered a w... ››› more
On October 20, the ProShares Bitcoin Strategy ETF (NYSE: BITO) opened for trading.
It's the first crypto-linked exchange-traded fund (ETF) in the US market. And it had an immaculate debut - with $1 billion in volume on the first day.
That makes BITO's debut the second-most actively traded ETF launch in history!
Off the back of the launch, bitcoin rallied over 60%.
Even better, the ... ››› more
Tesla Motors recently entered the exclusive $1 trillion dollar club. This means the company joins just a handful of other mega-corps that have a market capitalisation of one trillion dollars or more.
This means Elon Musk is once again the richest man in the world. His lead over number two, Amazon's Jeff Bezos, is almost $100 billion. His net worth is close to $300 billion. To give you some ide... ››› more
“I'm a member of Pickpocket Trader. On 9 September I bought the USD/ZAR (SA rand against the US dollar) at R14.15. Then by 20 September I see it hit my take profit price at R14.45.
Now in trading terms does that mean, I banked 30 cents or is there another term?”
You can find the full Article here:
... ››› more
Last year Jack Ma, the Alibaba Founder, gave a speech where he uttered a couple of very minor criticisms of the Chinese economic system. At the time of the speech, he was one of the richest and most famous people in China.
In addition, Alibaba was one of the largest companies not just in China, but the world. If that wasn't enough, he was set to list another giant, the Ant Group, which was the ... ››› more
Coal is the dirty stepchild in the mining sector. And boy is it unpopular at the moment.
Coal miners report that it's getting more and more difficult to get finance for new projects.
After hitting a low of $56 a tonne in April 2020, the coal price has soared. Coal now sells for double what it did in 2020 - with the latest Richards Bay Coal Terminal pricing coming in around $112.92 a ton wi... ››› more
I'm sure you're well aware that there's a global chip shortage…
A shortage that we've never seen before and one which is crippling supply chains across the world…
This supply squeeze doesn't just affect things like TVs, phones and laptops, it also affects the manufacture of refrigerators, air-conditioning systems, cars, aeroplanes, steel products and even ready mix concrete production!... ››› more
I am a Bitcoin bull and generally expect major upside.
But today, the factors and chart I'm about to reveal might shock you.
What we know already is that companies like Tesla stopped Bitcoin transactions due to high energy costs. And countries like China are stopping Bitcoin transactions because of the lack of control.
But the main reason for the slump of bitcoin, right now, is due to ... ››› more
So, you spend less than you earn and you're putting some savings in the bank each month?
Truth is - your money in a savings account isn't doing anything for you with how low interest rates are right now…
Perhaps you've considered investing - but you've been unsure about where to start?
Here's what you need to know…
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Get starte... ››› more
“In the last short AUD/USD Forex trade Pickpocket Trader sent out, how do I calculate how many pips I can bank if the trade goes in my favour?”
A. When it comes to the AUD/USD (Australian dollar versus the US dollar) the magic number for calculating pips is…
10,000
I’ll get back to this in a second.
First let’s start with the trade specifics:
... ››› more
South Africa has gone from Lockdown level 4 to Jumanji in the span of two weeks.
It's been nothing but pandemonium.
Businesses are closed again! Looters are enjoying Christmas in July and residents are fearing for their lives cooped up in their houses.
We may feel like sitting ducks, but at least we can take some kind of advantage of the one south African market that will most likely fal... ››› more
Q. “I've started reading Sam Volkering's Crypto-Revolution book. It mentions a couple of digital coins, which got me thinking. Are all cryptocurrencies the same or are they broken up into different categories?”
A. Each cryptocurrency has its own group of features, benefits and functions. Some are used to pay for goods & services while others are used for investment purposes i.... ››› more
In the last two weeks, I've sent out predictions on the next Nasdaq and S&P 500 rallies.
It seems like America is really showing signs of upside to come, as the stock markets have both continued to rally to new all time high prices.
Today we've saved the best for last.
I call it the US stock market hat-trick rally.
I've yet again been alerted of another American stock market rally. ... ››› more
It's a year since 2020's hard lockdown ended.
We're back in level 4 today.
But life has changed a lot. We've adapted to the pandemic and its effects on our lives and businesses.
So, what's the state of the South African economy today, and how does it affect your investments?
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How to Grow a Multi-Million Rand Retirement
... ››› more
“I've recently signed up to Pickpocket Trader and wanted to ask a question.
In the Welcome Guide you suggest, you never risk more than 2% per trade.
However, when we are entering into a number of trades we are risking a larger amount with our portfolio. My question is, what is the maximum number of open trades I should have in my portfolio at any one time?”
A. Whether you... ››› more
According to Fundsdata, it's ranked #1 in the Multi-Asset Income Fund category for returns over the past year.
It's up over 13%.
On the face of it, that doesn't sound like much.
But it's around DOUBLE the returns you would get from most income investments (Money Market, Income & Interest-Bearing Funds) today.
I'm talking about the…
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... ››› more
Previously, I spoke about a Nasdaq rally coming soon.
Since then the Nasdaq hasn't stopped rising. If you missed out on it, don't worry.
I already have my eyes on the next big rally…
The S&P500.
The S&P 500, is a stock market index that tracks the stock performance of 500 of the largest companies listed on stock exchanges in the United States.
And as of last week, we saw it r... ››› more
I received an email the other day from George Deebs…
I'll leave you with the question he asked which I'm sure will resonate with a lot of my Trading Tips members…
“Timon, I'm still umming and ahhing whether this MATI Trader System Programme is what I've been looking for to generate an extra income for my future. I think the final decider will be when I see WHY this is what I need to ... ››› more