When you're trading, it's easy to get excited about the prospects of making money. But it's vital that you are exercise patience.
So how can you let patience help you boost your trading profits?
Read on to find out…
Trading tip #1: Wait for your trading strategy to generate a signal
Making money trading comes down to having a good trading strategy. Once you have honed in on a stra... ››› more
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Always remember,
“Wisdom yields Wealth”... ››› more
Trading is higher risk than investing.
The gearing aspect of trading instruments gives you the potential to multiply your gains. But this can also work against you and multiply your losses.
So how can you ensure you don't wipe out your trading account with a few bad trades?
Read on to find out…
Two vital ways to manage your trading risk
Managing the downside when trading is yo... ››› more
Let's be honest here. We all love a good chocolate from time to time. I've just finished enjoying a delicious Intense Cranberry Lindt dark chocolate bar that my girlfriend bought me for Valentine's Day…
Then, I asked a question. “I wonder how cocoa is doing in the commodity market. And that's when I decided to check the charts...
I saw a big bad storm brewing. Things are looking terri... ››› more
Over time, you'll learn valuable lessons from the trades you make.
But there are some things that you should always bear in mind when trading forex. Stick to these principles and your trading will benefit.
So what are these key forex trading principles?
Read on to find out…
Four ways to become a better forex trader
Forex trading principle #1: Trade with the trend
Whatever ... ››› more
Many people are attracted to trading by the prospect of making huge gains, quickly.
But when it comes down to actually trading, you need to shift your focus. You need to concentrate on managing the risk you take on and managing your losses.
If you ignore either of these two factors, it's unlikely you'll last long as a trader.
Read on to find out more about these factors…
Before ... ››› more
I'm proud to announce that we have re-vamped the InvestorsClub.co.za for 2015.
If you don't know by now…
The InvestorsClub.co.za is a fantastic domain where you can ask any of your burning questions to expert traders and investors. And the best news is, you'll get a guaranteed answer.
So, before you go and enjoy the weekend, let me take you on a journey and show you the new and improve... ››› more
Trading is risky. In comparison to investing, the potential gains can be big, but so can your losses.
To be a successful trader, there are a number of principles you must stick to. Ignore these and let your emotions rule your trading activity, and you're destined for failure.
Read on to find out four ways to become a better trader…
The downfalls of many traders
It’s a stark fact... ››› more
Trading is high risk.
When you start trading, you have to accept that losses are part and parcel of doing it. If you can't handle a loss, you're career as a trader will be short-lived.
As much as you might rack up a few losses along the way, it's essential you handle them in the right way. Even the most successful trader has their fair share of losses along the way.
Read on to uncover th... ››› more
I'm putting my neck on the line today and I'm going to address a very serious issue.
If you've been trading for a while and you have a R10,000 trading balance, you're not going to get seriously rich!
I mean think about it…
If you aim to make 40% a year on your portfolio, then after 12 months of trading on the stock market you'll make a return of R4,000. Barely enough money to pay for... ››› more
Happy New Year dedicated reader and may it be a prosperous and profitable 2015 for you and your family!
To start your year on a strong note, you first need to make your trading resolutions and stick to them!
It can be easy to make personal resolutions to stop smoking, drink less, eat less chocolate, etc… But you also need to take the opportunity to address your finances and make proper tra... ››› more
“How do I convince myself to get into a trade, stay in it and not have to intervene with my winning trading strategy?” A.D
On Saturday, during the Forex Seminar, A.D asked me this challenging question…
And with A.D, the funny thing is, he's saved a bit of money to trade, has a winning trading strategy and knows the rules on how to get in and out of his trade.
I told him that there'... ››› more
Christmas is the time of giving. But with giving comes spending.
Unfortunately, at Christmas, many of us throw caution to the wind and spend lavishly - Even though we can't afford it.
It's the time of year when we think, “I'll worry about that next year.”
So before you embark on your Christmas spending frenzy, here's a little Christmas carol just for you…
Have yourself a me... ››› more
You need to get to grips with the way forex trading works. And find a strategy that suits you and your style of trading.
One of the most vital parts of forex trading is risk management. Without managing your risks effectively, chances are your losses will get the better of you.
It's vital to stick to some rules to help you succeed and be profitable over the long-term.
So what should you d... ››› more
“Can you day trade while travelling the world?”.
I say, “abso-freaken-lutely”.
The beauty about trading is that you can trade the markets anywhere and at any time!
All you really need, is a laptop, mobile or tablet, a trading strategy and an internet connection.
In fact, I remember in 2012 I woke up in Paris, to a loud alert from my phone.
It was a notification saying that ... ››› more
This week, my ultimate focus was to answer the most commonly asked questions from you!
“What is trading?”
“Why do you prefer trading to investing?”
“How can I get started with trading?”
“Why do so many people love trading Forex?”
If you've missed any of those questions this week, don't despair!
I'm going to sum up everything right now and right here.
So sit back... ››› more
Trading contracts for difference (CFDs) can be a great way to make money no matter what the market is doing.
But to be a successful and profitable CFD trader requires discipline. You can't approach CFD trading as you would investing in shares. As CFDs are geared products, the risks are greater.
So what steps can you take to become a better CFD trader?
Read on to find out…
Four way... ››› more