9 Top Online Trading Brokers In South Africa

QUESTION #1

Q. "When it comes to trading short term markets, which are the best brokers you can recommend from your experience?” ~ Mark P

ANSWER:

I understand that there are a high number of brokers and financial institutions you can trade with nowadays.

In my two-decade's trading experience I will list my top 9 online trading brokers that I recommend and have had the pleasure of working with.

1. Rand Swiss
2. GT247.com
3. BlackStone Futures
4. IG Markets
5. Saxo Bank
6. Oanda.com
7. DWT Securities
8. Standard Bank Online Share Trading
9. Pro Trader

Feel free to let them know that Timon Rossolimos, recommended you to one of these broker’s and if you’re lucky you may get a special rate or offer.
 

What a MATI Trader member has to share:

"Hey Timon, just wanted to say "GREAT JOB" with the last 7 winning trades in a row. I have followed your tips to the letter and have made a nice little gain. Keep it up. Can't wait for the next tip to be released. Awesome Job!!!! "
~ V."
Find out the trading system I used to bank these 7 winners in a row here...
 
QUESTION #2

Q. “Hello Timon Rossolimos, I would like to know when trading CFD stocks, can we generate capital on the Bull side and the Bear side of the market?”
~ Lindo

Absolutely, that is the main beauty about trading CFDs…

Buy low – Sell high – PROFIT

You’ll either buy the CFD based on the share you’re trading at a LOWER price, with the speculation that you’ll sell it at a HIGHER price for a profit.

This is also known as buying or “going long” a market.


Sell high – Buy low - PROFIT

The other method is where you’ll sell a CFD based on the share you’re trading at a HIGHER price, with the idea that the price will drop, where you’ll re-buy it at a LOWER price for a profit.

This method is also known as selling or “going short” a market.


 
Technical answer further explained

When you sell “go short” a market, you’ll basically sell securities that you don’t own and hope to buy them back at a lower price where you’ll bank a profit.

There is a three step process when you go short.

Step #1: Borrow them

First you’ll choose the market to short and the amount of shares you’d like to borrow from someone who owns them.

Step #2: Sell them

Next you’ll sell the borrowed shares at a higher price, as you expect the price to drop.

Step #3: Buy them back for a profit

Hopefully the share price will drop where you’ll then be able to rebuy them back at a lower price for a profit.

There are two scenarios that can occur:

Scenario 1: Good

If the market drops, you will buy the shares back at lower price than what you sold them at and make a gross profit after you include costs, interest, dividends,

Scenario 2: Bad

If the market rises and you buy the shares back at a higher price that what you sold them, you will make a gross loss after you include costs, interest and dividends.

AUTHOR NOTE: If you have a basic or an advanced trading question, please don’t hesitate to ask us at info@timonandmati.com or on our Facebook group with over 5,000 members and you may stand a chance to be featured in one of the MATI Trader Newsletters.

5 Market Entry Orders You Need To Know

Back in the old days, to action a trade you only had two easy options. Buy or sell… Fast-forward into the present day, and today you get slapped with five different options to choose from when you get into a trade. Right now, I’m going to simplify these five trading entry orders in way that you’ll never forget. Entry order #1: Market Order The first entry order is the easiest to understand. This is where you’ll buy or sell at the most current market price. When you choose a market order, it is the quickest, most effective and easiest way to enter into your 'long' or 'short' trade at the current bid (buy) or offer (sell).   Entry Order #2: BUY Limit When you place a ‘Buy Limit Order’, you’ll place your long trade entry price BELOW where the current price is trading at. Once the market price drops on or below the Buy Limit Order price, you will be automatically entered into your 'long' trade. EXAMPLE: BUY Limit If BHP Billiton’s share price is currently trading at R305 per share and you would like to buy (go long) at R300 per share, you’ll choose the Buy Limit Order. You’ll then wait for the market price to drop to your chosen order price or below it where you’ll then be automatically entered into your ‘long’ trade. Entry Order #3: SELL Limit When you place a ‘Sell Limit Order’, you’ll place your short trade entry price ABOVE where the current price is trading at. Once the market price hits this entry point or above it, you will be automatically entered into your 'short' trade. EXAMPLE: SELL Limit If BHP Billiton’s share price is currently trading at R300 per share and you would like to sell (go short) at R305 per share, you’ll choose the Sell Limit Order. You’ll then wait for the market price to rise to or above your chosen order price, where you’ll then be automatically entered into your ‘short’ trade.   Entry Order #4: BUY Stop When you place a ‘Buy Stop Order’, you’ll place your long trade entry price ABOVE where the current price is trading at. Once the market price hits this entry point or above it, you will be automatically entered into your 'long' trade. EXAMPLE: BUY Stop If BHP Billiton’s share price is currently trading at R300 per share and you would like to buy (go long) at R305 per share, you’ll choose the Buy Stop Order. You’ll then wait for the market price to rise to or above your chosen order price, where you’ll then be automatically entered into your ‘long’ trade.   Entry Order #5: SELL Stop When you place a ‘Sell Stop Order’, you’ll place your short trade entry price BELOW where the current price is trading at. Once the market price drops on or below the Sell Stop Order price, you will be automatically entered into your 'short' trade. EXAMPLE: SELL Stop If BHP Billiton’s share price is currently trading at R305 per share and you would like to sell (go short) at R300 per share, you’ll choose the Sell Stop Order. You’ll then wait for the market price to drop to your chosen order price or below it where you’ll then be automatically entered into your ‘short’ trade. To conclude the four main buy and sell limit orders, here's a summary table I've created for you. Print it, laminate it and stick it on your wall. This way you’ll never forget how these market entry orders work. SOURCE: www.TimonAndMATI.com

The Black Box That Changed My Life

The year was 2003.

We were stitting at 180 Degrees restaurant in South Africa.

All of a sudden, a tall man approached us holding a black box.

Who would have thought that this black box would change my life forever.

Here’s what he showed me.

What’s inside the box?

He sat down at the table and told me that he has something that could make me a very decent income.

Obviously, this sparked my curiosity and as a 16 year old naive kid – I told him to show me…

Within the next 10 seconds I was not only uninterested but I was also extremely sceptical.

He opened up his computer, popped in a CD and the next thing I saw was a financial chart of some company.

As I was about to turn him away, he asked me a very simple question.

“Which way is this particular chart moving?”

I said ‘up’.

He then asked, “Which way is this chart more likely to go?”

At first I thought, well it’s going up for a reason so I once again said,

“Up”.

He then showed me the next couple of bars, which continued to head up which he then mentioned, 

“Do you know, if you bought this stock here and sold it in four days you could have banked an income?

I was shocked… Coming from a background from where I thought I was going to make an income being a famous actor – my new love for this hobby was born.

Without any doubt, I bought this box, which at the time was called ‘London School Of Investments’ for R15,000 and I went straight hom to open it up and get started. 

Now I am sure, you’re thinking that the man was not a trader but a very clever salesman who got me into buying this product.

I honestly don’t care… The quality of life, income and passion this man introduced to me has surpassed any of my wildest dreams for life.

What was R500,000 back then – today is free

I’m sorry to burst your bubble, but I don’t plan to sell you anything like that man did…

You see, the evolution of what was available to bank a consistent income from the markets over the years have changed… For the better.

In 2001: There were softwares with live markets to profit from for R500,000.

After 2003: We had 24 hour delayed trading software just like the Black Box for R15,000.

In 2005: Sharenet.co.za had the amazing Amibroker and MetaStock softwares with charting softwares with only 15 minute delays for R7,000 per year

In 2007: There were online platforms with 15 minute delays (mostly from the banks) where you could trade the markets for just R70 per month.

From 2011 – current: There are a high number of live trading online softwares where you can trade for FREE such as, Oanda.com, GT247, BlackStone Futures and even ProTrader…

And I must say, the technology available to trade today is a million times better than the software that was sold for R500,000 or even R15,000.

This is the best time to get into the markets, learn to trade and chage your life for the better just like trading did to me.

If you’re willing to take your first step to introduce this forever income life-style into your life, for my MATI Traders only I am going to give you the first lesson of my comprehensive and complete MATI Trader System Programme – FREE.

Click here to watch…

5 Laws Of Trading Success

E=MC²

Everything you need to know about the Universe, can be condensed into this tiny equation.

What if there was a formula that unlocked the laws of trading the markets?

I believe, there is…

I call them the 5 Laws To Trading Success…

1. Markets 

You’ll need to be able to find and trade the best markets, at anytime and anywhere in the world with CFDs or through Spread Trading.

2. Method

You’ll need to create and adopt proven, mechanical and consistently profitable trading strategies with a few entry and exit rules.

3. Money 

You’ll need to learn how to use essential money management rules in order to boost your winners, cut your losses and never blow your trading account.

4. Mind

You’ll need to be able to improve your self-confidence and develop a successful trading mindset, in order to trade effortlessly with little worry and with less stress.

5. Miscellaneous

You’ll need to adopt extra tips and tricks in order to boost your win rate, cut your trading holding time and preserve your portfolio.

Once you incorporate all five equally important elements – around your personality, lifestyle and risk appetite – you’ll be able to create a timeless and profitable trading plan for the rest of your trading career.

Make sure you watch the full video where I go into a lot more detail about the five laws of trading success…

Trade well, 

Timon Rossolimos

The Time Stop Loss Trading Rule

Get in and get out in the shortest time possible. This is the science of successful trading. But what happens when a trade turns out to be more like a non-performing investment?

When you hold a long-term trade, there are a few issues that will follow
including the:

Opportunity cost

You can find other higher probability trades, instead of having
your money tied up aimlessly in a sluggish market.

Unnecessary impatience

You’ll eventually feel rather anxious and frustrated holding onto a
long-term trade, when you are better off trading in a market that
is moving.

The fake-out

With an ongoing trade, the breakout pattern may fizzle out into a
low probability fake-out trade (a trade that turns against you).

I created a rule to avoid this situation from ever occurring again.

It’s called the Time Stop Loss.

Watch the video by clicking here...

Trade well,

Timon Rossolimos

Founder, MATI Trader

Bank Your Monthly Income Trading Tool

Dear MATI Trader,

In the previous lesson, we covered the one formula you need to achieve a certain monthly income.

In this lesson, I’ve prepared a special webinar at one of my favourite Greek bars in Athens called Balux Cafe: Sea Side with the downloadable calculator you can use, to achieve your desired monthly income.

Click here to watch:

Once you’ve downloaded the tool, you’ll notice there are three sets of colour cells.

Once you’ve downloaded the tool, you’ll notice there are three sets of colour cells.
Dark Blue Cells:

These are the 5 variables you’ll need to fill in including:

1. Money you expect to make a month.
2. GAIN percentage per winning trade.
3. LOSS percentage per losing trade.
4. Expected no. of WINNING trades a month.
5. Expected no. of LOSING trades a month.

Grey Cells – Calculate for you:

1. GAIN per winning trade.
2. LOSS per losing trade
3. Monthly GAIN
4. Monthly LOSS
5. Net monthly GAIN/LOSS

Yellow Cell – Calculate for you:

1. This is the amount of money you’ll need to have in your account to achieve you’re desired monthly income

Whether you want to make R5,000 a or R60,000 a month, you now that the tool to show you what’s needed to make it happen.

► Download: Bank Your Monthly Income Tool

Trade well,

Timon Rossolimos

Founder, MATI Trader