Q. "I received a trade from PickPocket Trader last week to short the rand using CFDs. Could you tell me a formula I can use to know how many CFDs I must sell, in a way that I don't lose more than 2% on my R35,000 portfolio?"
A. The CFD calculation for Forex currency pairs is a little different to the calculation you need for buying stock CFDs.
Here's a formula you can use for currency CFD... ››› more
This morning, I sent an introduction to a new contributor to Trading Tips.
His name is Barry aka, “The Beef”.
Barry has over eleven years' experience in the markets. He brings a combination of technical analysis and fundamental insights to the table.
If you missed it, click here to read all about him.
As you can see, Barry is not playing any games. He already has his ... ››› more
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Q. Hi Timon, on Tuesday I bought Sibanye Gold for R826. So far, it has made R1,836 profit. Should I close the trade or let it run more? C
Answer by Timon Rossolimos, Red Hot Storm Trader
Asking me this question is ver... ››› more
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