n the last few weeks, we have seen hundreds of billions of dollars wiped out of the markets.
We have seen crypto drop its trillion US dollar market cap status.
And we have seen top traders, influencers and institutions lose their portfolios.
It's exactly times like these where the inexperienced, greedy and clueless traders destroy their accounts…
And it's not because they don't have a ... ››› more
Q. “I'm looking to invest in different local ETFs other than shares and indices. What are your top local ETFs you're mainly investing and trading this year when it comes to South Africa Timon?”
A. In 2021, it's important to look at the most cost effective, easy to find and highly traded ETFs when it comes to investing and trading…
Just a reminder, an ETF is an investment vehicle that... ››› 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…
... ››› 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&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
Last week I wrote about the benefits of using support and resistance lines. This charting technique is easy to learn and probably one of the simplest and most useful tools when it comes to timing entry and exit points.
Now, before you shoot me down, I’m well aware of the old financial planning adage that goes: It’s not about timing the market, it’s about time in the market.
... ››› more
“Hi Timon, I was told that Pickpocket Trader is what's called a position trader. I'm thinking of becoming a member, but I first would like to understand what the difference between a scalper, intraday trader and position trader is. Could you briefly help me with these terms?”
A. Sure, these are the three main types of traders that exist. And it’s important to find which style suits your... ››› more
I think we can all agree. 2020 is completely nuts!
In the last week, we saw a nuclear-sized explosion in Beirut, after 2750 tons of ammonium nitrate flattened the port city.
Trump is trying to force Chinese-backed TikTok to sell its US interests to Microsoft (with the US treasury getting a slice of the action) in what has to be the strangest M&A deal in history.
And we have both the te... ››› more
If you look closely at any US Dollar note, you'll see In God We Trust, this has been America's motto since 1956. It replaced its unification slogan of E Pluribus, Unum from 1776.
But in America, there's a second motto and that's In Gold We Trust. Gold (and precious metal) coins have been selling at a significant premium since the March lows.
Gold has been on a tear since the coronavirus low ... ››› more
Investing in the stock market today with 100% downside protection sounds too good to be true.
That's because for every positive headline you read there are 4 negative ones signaling a strong pull back in the weeks and months ahead.
And the recovery, post coronavirus lockdown is expected to be slow.
But investors in the latest “risk-free” structured product need not worry what happe... ››› more
This is sad but you need to know.
Today, I am taking yet another company off my trading watchlist.
Since June we've seen this telecommunications giant' share price crash from R100 down to R46.00 per share.
That's a 54% sharp drop which signals MAJOR red flags when it comes to trading.
In today's article, we'll go into four reasons why Telkom is getting killed, where i... ››› more
Our market scanner has highlighted several shares in overbought and oversold territory.
Below is extracted from our weekly data table. Our model scans most of the shares in the JSE All Share Index and measures their standard deviation using our proprietary methodology. We supplement the standard deviation with fundamental and technical analysis to come up with our investment ideas.
Someti... ››› more
President Trump's willingness to get around the negotiating table has sparked a risk on rally, with safe havens like Gold, Yen and the Swiss Franc pulling back.
President Trump said he would hold back on new tariffs and China would buy more farm products. He also indicated the US Commerce Department could decide if Huawei should be removed off the list of banned firms and can do so without go... ››› more
Q. Here is my urgent trading story: ”The market is crashing at the moment. two weeks ago I decided to open 10 trading positions and set my stop losses in a way I don't risk more than 3% per trade. I now see that this was not a good idea as I have 30% of my portfolio at risk.
In the future, I'll never have more than four trades opened at once. But for now what do you suggest I do to prevent m... ››› more
Q. “Timon I read in one of the financial newsletters that the JSE ALSI 40 made a whipsaw last week and that it resulted in many traders taking losses. What is a whipsaw and can you show me where it took place on the ALSI 40?”
A. Here’s an easy way to remember what a whipsaw is when it comes to trading. First let’s break down the definition.
"a saw with a narrow blade ... ››› more
In today's Money Morning…how to approach small-cap investing…how to limit your losses… and more…
Welcome back to your Penny Stock Profits email course.
You’re now up to Day 3 of 7.
If you missed my email on Tuesday, we talked about the hidden market gems and why they have such explosive potential.
We also had a look at why it’s extremely difficult to becom... ››› more
One of world's most successful investors, Carl Icahn, said in an interview with CNBC.
“Before the earthquake, you get the rumblings and then maybe you don't have an earthquake for 20 years, or 10 years, or five years. But these are the rumblings.”
Carl Icahn was specifically referring to the stock market crash.
The funny thing is, there is no obvious cause for all this. In fact, th... ››› more
Today I want to explain one of the biggest mistakes investor's make.
It has nothing to do with what you invest in, where you invest or how much you invest. It goes much deeper than that.
It's got to do with your emotions and behaviour.
The fact is, every investor experiences it at some point. And if you keep doing it, you're guaranteed to lose a fortune.
Let me explain…
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When you buy a stock and it doubles, what do you do?
Many investors would sell, feeling like they've made a good profit. Then, they sit on the sidelines and watch as their stock goes higher and higher - cursing that they've sold too soon.
Founder of Agora Publishing, Bill Bonner gives a great example of this:
Financial writer Richard Russell of the Dow Theory Letters invested in Warren... ››› more
Have you ever heard of the saying, “Those who do not remember the past, are condemned to repeat it?”
Well, humans can learn valuable lessons by looking back at historical events, but choose not to.
And in many cases, we tend to repeat history and make the same mistakes.
Think about how many financial decisions we've made that ended up in economic disaster.
For example, the deci... ››› more
About 10 years ago, I gave up with investing. The returns were just too slow for my liking.
And so, trading took over a big portion of my life.
Now as you know by now I'm a trader by heart. But I also understand that I need to diversify my money for the future. Why? Well, it's better to grow my retirement kitty with multiple streams of income, rather than with just one or two.
With the st... ››› more
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