There are literally thousands of technical trading strategies.
They range from complex, signal-generating algorithms to dirt simple “Day Trading Breakout Strategies”.
In fact, a “Day Trading Breakout Strategy” is so simple I can explain it fully in a single sentence:
Here is the strategy in just one sentence!
A “Day Trading Breakout Strategy” tells you to ride daily momen... ››› more
“How much money do I need to start trading for a living?”
You've asked this question before. Maybe when you signed up to MoneyMorning, Trading Tips or when you made your first trade.
How much do you need to start trading for a living? Well, this purely depends on you and the lifestyle you want to live.
Do you want to spoil your spouse and take her to a restaurant once a week of her c... ››› more
We have lost yet another legend.
Not only was Muhammad Ali a former Olympic gold medallist and first fighter to win the world heavyweight title three times, he was also an inspiring, controversial and outspoken figure for life and for racial pride.
Sure, sometimes he did sound a bit overconfident and cocky. But that's what made him the success he was.
One of my hobbies in life is to fo... ››› more
The FSPInvest team of experts often get emails asking, “What must I do when I buy my first stock?”
Even experienced investors get stumped not know what shares to invest in next. They are clueless not knowing what to buy, how to buy, where to buy and why to buy!
I certainly don't want this to happen to you!
So today, with the help of the head of the FSPInvest Trading Desk, Timon Rossol... ››› more
Last week, we published the kind of recommendation I prefer not to put into the public domain.
• First, it was a short-recommendation.
• Second it was a short-recommendation on an established, stable and, what most people would consider, blue-chip company.
• Third, it used a fairly advanced trading instrument that's often misunderstood by the general public.
But, in spite of these ... ››› more
Today, I'm going to show you a simple strategy that'll allow you to potentially double your portfolio's gains (or more).
It's also a great way to protect your investments in a market downturn.
And, if the markets go bad, it can add another level of protection to your portfolio.
And the best part… When increased volatility makes the market tough to invest in, this strategy really comes ... ››› more
Ask any South African. “Where do you think the rand is going next” You'll probably hear answers like I've been hearing, “The rand is going down the drain”, “going to hell, “going to S#^t” But not me! Today I'm going against 99% of what South Africans say, as I expect the rand to go up from here.
Read on to see why…
I haven’t made a wrong prediction yet!
I joined FSPInvest.... ››› more
If you've only traded shares until now yet you're considering trading Forex, you may be wondering why you should consider trading the world's currencies.
There are many reasons why Forex traders prefer trading currencies than shares.
Let's take a closer look…
Trading Forex versus trading shares: Longer trading hours
If you trade shares, you can only trade them whilst the stock excha... ››› more
Trading forex can be extremely lucrative. By trading the world's forex market, you can profit from the ups and downs of the values of currencies.
But if you don't know what you're doing or you don't have a good strategy, you can lose a lot of money too.
So how can you increase your chances of banking thousands every month trading forex?
Read on to find out…
Don’t lose money trad... ››› more
A day does not go by where I haven't learnt something about trading.
It's more dynamic than you'll ever imagine.
You see, every year there's an influx of new information feeding the market,
• Political and economical influences
• New opportunities to trade
And with each factor that influences the markets, changes the trading envir... ››› more
Sam attended my Forex 101 Workshop last year. On the day, I gave him a profitable Forex strategy I've used over the last 12 years. At the end of the workshop, Sam came to me with the stink eye. He didn't believe it was that easy to make money from the Forex markets. That night he went home with the sole goal to prove my strategy wrong. Last week I got an email from Sam with good news. He told me h... ››› more
To get your year going on a strong note, you first need to set your goals. I've come up with three goals that'll make 2016 your most profitable. But I don't want you to be like most people who just follow their goals for a month, and then go back to their normal routine! No, I want you to focus on these goals as if it's your new business plan. And then stick to them. You'll thank me at the end of ... ››› more
Before you write down your trading resolutions for 2016, you need to first do something for yourself.
I call it the post-success-resolutions.
This is where you'll jot down your before and after results to see how far you've come in the last year.
It can be as complicated as you want it to be. But I like to keep things simple.
Let’s say my goal for 2015 was to lose five kilograms.
I... ››› more
You've heard it takes 21 days to form a habit and one day to break it. This is a myth. It's always unwise to assign a number in general to everybody.
But I do agree that it can take one day to break a good habit.
For example. Let’s say you stopped smoking for 6 months. And you feel loud and proud as you tell your friends and family. But then New Year’s came and you saw everybody having... ››› more
The biggest fear you'll experience when trading is the fear of losing money:
· What if your trade goes against you?
· What if you pick the wrong time to enter a trade?
· What if you take your profits too early? The list is endless.
One way to combat fear is to follow a solid trading strategy. A good strategy takes into account risk and reward. As long as you stick with your strategy... ››› more
Trading is risky, but in return for this risk you stand the chance of making quick profits.
The key to successful trading is to plan what you're doing before you put a trade on.
So what should you do?
Read on to find out…
You must have a trading plan
A trader who doesn’t have a trading plan is unlikely to do well. By ignoring the merits of a trading plan, you are more... ››› more
When you trade, knowing the overall trend is important. One of the easiest ways you can find out is to use moving averages.
So how can you use moving averages with your trading?
Read on to find out more…
Using moving averages
Moving averages are a great technical analysis tool to help you find out what the market or the asset you trade is doing.
You can use movi... ››› more
Every indicator and price chart you use, is based on one thing.
Past data. This can be a major problem when you trade.
Go to any chart. You'll see with every uptrend and downtrend on a chart, there is some kind of reversal point. The point where the trend is exhausted, which will now move in the opposite direction.
And no matter what you use, Stochastics, candlesticks, RSI, moving average... ››› more
Once you've decided you want to trade forex, one of the first things you need to do is sort out a trading strategy and how you're going to manage your risk.
Then it's time to trade.
When you go to put on a trade, you'll notice there are different types of orders. So what are the differences between them?
Read on to find out…
The types of orders you can use as a forex trader
... ››› more
The first thing you have to realise with trading is that you'll never be right 100% of the time. It just doesn't happen.
If you can't fathom the idea of losing money trading, it's not for you.
Losing trades happen. The key is knowing how to handle them.
Let's take a closer look…
How to manage losses from trading
The way you handle losing money from your trading activit... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.