Q. “Please help me as I am a beginner and am not sure what steps to take to start trading with Pickpocket Trader. I registered with Pickpocket Trader last week and received my first SMS with the following message:
Here are the trade specifics:
I will be going long (BUY) GOLD
Stop loss: 1790.00
Take profit: 2000.00
Please tell me the steps I ne... ››› more
Last week, I flew to South Africa to catch up with friends and relatives.
I'm thrilled to have also have flown with my lovely girlfriend, so I can show her around this beautiful country.
Compared to chilly Greece, the weather has been perfect and it's been incredible being back to friendly faces, open air, amazing food and a lekker Jozie spirit!
Any way last week Friday, I decided to phon... ››› more
Q. “Hi Timon, I have a R250,000 portfolio and I am using the special 2% risk rule per trade as you have taught us. Based on your last trade with Shoprite with the entry being R242 and your stop loss being R232.00 does this mean I should buy xxx CFD contracts in this trade?” Hi Pete,
The number of contracts purely depends on the how much money you deposit…
So if you have a portfolio of R2... ››› more
In today's article:
• Confessions of a lazy trader
• How to trade rand CFDs at a fraction of the price
• Why buy the Crypto Correction
Confessions of a lazy trader
Q. “I’m generally a lazy trader when it comes to calculations. I just want to take the trade without pulling out a calculator and pressing buttons to work out how many CFDs I’ll need ... ››› more
Q. “Last month, you sent out an article about the Fibonacci sequence, explained how the different ratios act as support and resistances on any high traded market and gave us a trading strategy.
I found this fascinating and would like to try and build a Fibonacci calculator for currency pairs and markets that aren't available to trade on my trading platform.
Could you help share with me the... ››› more
Whether you're running a business or starting a profitable career, you need to be able to track your success.
You need to know how well the venture is doing, when the bad months are and how it's operating on average.
The same applies for when you run local or international trading account.
Only this way you'll see if your trading is on the way to consistent profits or on a one-way street ... ››› more
You read all about the wonderful profit opportunities that are in the market. And I'm sure in your mind or on paper, you know exactly what shares you want to pile in for the year. But there's still one tiny little thing missing. It's the one thing that salesman, brokers and even your friends forget to tell you about. The four hidden costs of trading. And today, I'm going to break these costs down ... ››› more
This FREE share trading tool will help you calculate, with trading costs, how many shares you should buy.
You'll see how many shares you'll need to buy to make sure you make a profit, should the share price go up.
Here it is!
Click here now to claim your Share Trading Calculator!
Always keep in mind,
“Wisdom yields Wealth”
... ››› more
The most frustrating thing when it comes to trading stocks is when you buy low, sell high and still end up making a pitiful loss!
You see, majority of stock traders out there are still making a very BIG mistake when it comes to trading.
They simply don't consider the profit-sucking costs they have to pay.
So today, I'm going to make sure this doesn't happen to you!
And at the end, I'm... ››› more
"Hi Timon, How many contracts should I buy if I have a portfolio of R20,000, when trading the ALMI?" - L.Y
If you don't know the answer to this question, then don't trade another ALMI until you've read this!
There are many different ways to calculate how many contracts you should buy or sell with any one ALMI trade.
But, let me explain to you what I find the easiest…
H... ››› more
This free tool will help you to calculate how many Single Stock Futures contracts you should trade in any one share.
This will help you keep strict money management rules using the percentage rule.
Here it is...
So, simply click here for your free Single Stock Futures risk calculator tool...
Always keep in mind,
“Wisdom Yields Wealth”
PS: Click here today to... ››› more
"Hi Timon, how many contracts should I buy/sell in any one CFD trade?"
If you're reading this, today is your lucky day!
Many traders out there, ask me this question every month.
There are many ways to calculate how many contracts you should be buying or selling with any one CFD trade.
But here's my take on it…
Knowing the 2% rule can help you decide how many contracts you should ... ››› more
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