FREE DOWNLOAD: TradingView Complete Guide: The Best Free Trading Chart Platform PDF

I have a treat for you today I think you'll find very useful for your trading in 2020 and beyond. Remember, when I rounded up the 103 questions you asked me in 2019?  And we came to the conclusion that the most common question was... “Timon, I don't have enough money yet but I would like to practise first. Which free trading chart platform do you recommend?” Well over the last week, I've been preparing a new e-book (PDF) that will show you not only what my highly free trading chart platform recommendation is but will also give you a complete and illustrated GUIDE on how to sign up and use the platform with ease. I trust you'll enjoy going through this time-less guide as much as I spent the time creating it. I wish you all the trading success in 2020.

DOWNLOAD: TradingView – How To Guide: Chart Platform PDF

If you have any feedback, questions or you'd just like to send a message, you can always email me at Timon@TimonAndMATI.com.

5 Top Trades For 2020

With great trading comes great responsibility and a little sacrifice.

It is not something you should take lightly, into your life.

This is a forever business where you can either screw it up or you can make a success from trading.

Before the year is up, I’m going to share with you my 5 top trades, you’ll need to take in order to achieve your trading goals for 2020 starting with…

Trade #1: 
Heavy nights out

Have you ever gone out in the week, downed a couple of beers and shots with your friends and then regretted it the next morning?

The next day, feel groggy, tired and you probably will feel like writing the day off to recover.
As a trader, you have got to be more responsible.

It can take just of those day’s where you miss out on that trade that could’ve taken your portfolio into a positive portfolio territory for the month.

Take this trade.

“I will trade nights out in the week and instead, I will prepare for the next trading day”

Trade #2: 
Netflix and chill

How many hours do you spend on social media and TV? 

3, 4, maybe even 5 hours a day? 

I’m asking you to just cut out just half an hour out of those 5 hours to spend it on trading instead. 

Just take half an hour to back test and forward test your trading strategy on other markets.

You might just find the one extra profitable market, to add onto your watch list which could help you boost your win rate. 

Take this trade.  

“I will trade out, of the time spent on social media and TV, just half an hour a day to focus on trading for my financial future”

Trade #3: 
Revenge trades  

This next one, is quite common for a new trader. 
A trade lines up, the trader follows the rules and gets into the trade as they should. 

Next day, the trade goes against them, taking them out for a loss. 

The new trader then feels that this situation is unacceptable. 

“Nobody takes my money and runs.” 

Without thinking twice, they punch in a couple of buttons on their trading platform, to get into another trade.   

At this point, they want nothing more than to just take revenge and make up for that small trading loss. 

However, this time, he doesn’t follow his strategy and forgets to put in a stop loss.

The result: Another loss is taken, but this time it’s bigger. 

Losing comes with the territory. Your historical track record should tell you that. When you take an impulsive trade, you’re doing two things.  

1. You’re setting a precedent to take impulsive trades for the future. It’s these type of trades, that will cause you to blow your account.  

2. You’re fooling yourself with this present oriented way of thinking. 

So, take this trade…

“I will trade revenge trades and instead, I will step away, get a drink, calm down and I will wait for my next trading signal to kick in.”

Trade #4: 
Listening to others

Look up any trading group on Facebook or on Skype.

You’ll see similar comments such as, 

“I just bought Old Mutual, what price should I get out at?.”

“Dude I would get out of your trade, if I were you.” 

“You must buy Bitcoin now, it’s going to $50,000 this year.” 

I don’t know about you but, I’ve never heard of a trader who’s made a success from listening to a whole lot of random people.  

The only thing you should ever listen to is your historical track record based on your proven trading strategy.  

In fact, I only base my decisions on my 18 year traded and tested MATI Trader System and that’s it!

Everything else is noise that is detrimental to your trading. 

Nobody cares about your money more than you, so make sure you be wary with who you listen to.  

Here’s a trade I want you to take.  

“I will trade listening to random people and instead, I will only listen to my winning trading strategy which tells me when to get in, hold and out of my trade.”

Trade #5: 
Wasting money

Richard Branson said it best at one of the summit’s I attended.  

Here was his analogy. 

“If I’m given R1,000,000, and I spend it on luxuries the money will go. If I invest the money wisely, I’ll have the opportunity to grow it.” 

The same goes with every time you get a pay cheque. Before you spend it on restaurants, gifts and holidays – make sure you invest in yourself first.  

As soon as you get paid, deposit a portion of your money into different investment streams. 

Maybe 5% of your savings can go into trading, while 10% goes into investing. Whatever you can afford to risk, make sure you pay yourself first  

Here’s the trade I want you to take.  

“I will trade spending on unnecessary things and instead, will deposit a portion of the funds into my trading account each month.” 

You can read more ways to save money to trade by downloading my free e-book “27 Ways To Save Money To Trade” by clicking here…

Final Words

These 5 trades, should help you prioritise what it takes to succeed as a trader in 2020 and beyond…

How Gearing Works With CFDs Versus Spread Trading

How Gearing Works With CFDs Versus Spread Trading This is the most important concept you’ll need to understand to accelerate your account. During your trading experience, with gearing, you’ll learn how to multiply your profits. But you can also multiply your losses, if you don’t know what you’re doing. So listen up. What Gearing is in a nutshell… Gearing also known as leverage or margin trading, is the function that allows you to pay a small amount of money, in order to gain control and be exposed to a larger sum of money. There is a very simple calculation you’ll use calculate the gearing for both CFDs and Spread Trading.    Exposure Initial margin In order to understand this formula, let’s use three gearing examples with shares versus CFDs and Spread Trading. We’ll break it up into three steps for CFDs and Spread Trading: 1.    Calculate the entry market exposure 2.    Calculate the initial margin (Deposit) 3.    Calculate the gearing We’ll also exclude costs to help simplify the gearing concept better.  EXAMPLE 1:  Buying AAS Ltd shares Portfolio value: R100,000 Company: AAS Ltd Share price: R109.00 No. shares to buy: 100 If you buy one share at R109 per share, you’ll be exposed to R109 worth of one share. If you buy 100 shares at R109 per share, you’ll be exposed to R10,900 worth of shares (100 shares X R109 per share). We know that to be exposed to the full R10,900 worth of shares, we needed to pay an initial margin (deposit) of R10,900. If we plug in values into the gearing formula, we get. Gearing = (Exposure ÷ Initial Margin)               = (R10,900 ÷ R10,900)               = 1:1 This means, there is NO gearing or a gearing of 1 times, with the share example as, what we paid is exactly as what we are exposed to. Easy enough? Let’s move onto CFDs.  EXAMPLE 2:  Buying AAS Ltd CFDs Portfolio value: R100,000 CFD of the underlying Company: AAS Ltd CFD Share price: R109.00 Margin % per CFD: 10% (NOTE: Find out on your trading platform or ask your broker for the margin % per CFD) No. CFDs to buy: 100 Step #1:  Calculate the entry exposure of the CFD  Entry exposure = (Share price X No. CFDs)                           = (R109.00 X 100 CFDs)                           = R10,900 NOTE: 1 CFD per trade, you’ll be exposed to the value of one share.             100 CFDs per trade, you’ll be exposed to the value of 100 shares. Step #2:  Calculate the initial margin of the CFD trade Initial margin = (Exposure X Margin % per CFD)                      = (R10,900 X 0.10)                      = R1,090 This means to buy 100 CFDs, you’ll need to pay an initial margin (deposit) of R1,090.

Step #3:  Calculate the gearing of the CFD trade Gearing = (Exposure ÷ Initial margin)               = (R10,900 ÷ R1,090)               = 10 times With a gearing of 10 times, this means two things... #1: For every one CFD you buy for R10.90 per CFD, you’ll be exposed to 10 times more or the value of one AAS Ltd  share. #2: For every one cent the share price rises or falls, you’ll gain or lose 10 cents. EXAMPLE 3:  Buying AAS Ltd through Spread Trading Portfolio value: R100,000 Underlying Company: AAS Ltd Share price: 10,900c Value per point: 100c (R1.00) Margin % per Spread Trading contract: 7.50% (NOTE: Find out on your trading platform or ask your broker for the margin % per share contract) Step #1: Calculate the entry exposure of the spread trade Entry exposure = (Share price X Value per point)                          = (10,900c X 100c)                          = 1,090,000 (R10,900) Note: 1c value per point per spread trade– you’ll be exposed to one AAS share           100c value per point per spread trade – you’ll be exposed to 100 AAS shares Step #2: Calculate the initial margin of the spread trade Initial margin = (Exposure X Initial margin)                       = (1,090,000c X 0.075)                       = 81,750c (R817.50) This means, you’ll need to pay an initial margin (deposit) of R817.50 to be exposed to R10,900 worth of AAS Ltd shares.  Step #3:  Calculate the gearing of the spread trade Gearing = (Exposure ÷ Initial margin)               = (1,090,000 ÷ 81,750c)               = 13.33 times  This means, by depositing R817.50 you’ll be exposed to 13.33 times more or R10,900 (R817.50 X 13.33 times) worth of AAS Ltd shares. You now know how gearing works with CFDs and Spread Trading, in the next lesson we’ll cover how to never risk more than 2% of your portfolio for each CFD and Spread Trade you take. Please make sure, you’re up to date with the previous derivatives articles as you’ll need them for the next lesson. Click on the links below now to catch up… READ NOW: What are derivatives & why are they a revolution?  READ NOW: Spread Trading & CFDs For Dummies WATCH NOW: How to relate gearing to buying a house (Go to 8:00minutes to watch) Do you have any questions on CFDs or Spread Trading? Ask by clicking here, and I’ll answer them in the next MATI Trader Q&A.  Timon Rossolimos Founder, MATI Trader