What is The Best Forex Indicator - 2014 VERSUS 2020

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…

Spread Trading And CFDs For Dummies

Let’s keep it simple… Throughout your MATI Trader experience, we’ll stick to the two most popular and profitable ways to trade using… CFDs and Spread Trading… In the previous article we tackled what derivatives are and why they’re a revolution to traders.  In this issue, we’ll discuss the differences between both CFDs and Spread Trading…  What are CFDs and Spread Trading? Spread Trading (betting) and CFDs are financial instruments that allow us to do one thing. To place a bet on whether a market will go up or down in price – without owning the underlying asset. If we are correct, we stand a chance to make magnified profits and vice versa if wrong. Both CFDs and Spread Trading, allow us to buy or sell a huge variety of markets including: •    Stocks •    Currencies •    Commodities •    Crypto-currencies and •    Indices.  When you have chosen a market to trade, there are two types of CFD or Spread Trading positions you can take. 1.    You can buy (go long) a market at a lower price as you expect the price to go up where you’ll sell your position at a higher price for a profit. 2.    You can sell (go short) a market at a higher price as you expect the price to go down where you’ll buy your position at a lower price for a profit.  EXPLAINED: CFDs for Dummies DEFINITION: A CFD is an unlisted over-the-counter financial derivative contract between two parties to exchange the price difference between the opening and closing price of the underlying asset. Let’s break that down into an easy-to-understand definition. EASIER DEFINITION: A CFD (Contract For Difference) is an: •    Unlisted (You don’t trade through an exchange) •    Over The Counter (Via a private dealer or market maker) •    Financial derivative contract (Value from the underlying market) •    Between two parties (The buyer and seller) to •    Exchange the •    Price difference (Of the opening and closing price) of the •    Underlying asset (Instrument the CFD price is based on) EASIEST DEFINITION Essentially, you’ll enter into a CONTRACT at one price, close it at another price FOR a profit or a loss depending on the price DIFFERENCE (between your entry and exit). Moving onto Spread Trading. EXPLAINED: Spread Trading for Dummies  DEFINITION: Spread Trading is a derivative method to place a trade with a chosen bet size per point on the movement of a market’s price. EASIER DEFINITION: Spread Trading is a: Derivative method (Exposed to an underlying asset) to Place a trade (Buy or sell) with a chosen Bet size per point on where you expect a   Market price will Move (Up or down) In value EASIEST DEFINITION: Spread Betting allows you to place a BET size on where you expect a market to move in price. Each point the market moves against or for you, you’ll win or lose money based on their chosen TRADING bet size (a.k.a Risk per point or cent movement). The higher the bet size (value per point), the higher your risk and reward. The costs you WILL pay with Spread Trading and CFDs Both Spread Trading and CFDs are geared-based derivative financial instruments. As their values derive from an underlying asset, when you trade using Spread Trading or CFDs, you never actually own any of the assets. You’re just making a simple bet on whether you expect a market price to rise or fall in the future. If you decide to go with the broker or market maker who offers CFDs or Spread Trading, there are certain costs you’ll need to pay. Costs with Spread Trading With Spread Trading, you’ll only have one cost to pay – which are all included in – the spread. The spread is the price difference between the bid (buying price) and the offer (selling price). EXAMPLE: Let’s say you enter a trade and the bid and offer prices is 5,550c – 5,610c. The spread, in this case, is 60c (5,610c – 5,550c). This means your trade has to move 60c to cross the spread in order for you to be in the money-making territory. Also, if the trade goes against you, the spread will also add to your losses. Why the spread you ask? The spread is where the brokers (market makers’) make their money. Costs with CFDs Brokerage With CFDs, it can be different. Depending on who you choose to trade CFDs with, you may need to cover both the spread as well as the brokerage fees – when you trade. These brokerage fees can range from 0.2% - 0.60% for when you enter (leg in) and exit (leg out) a trade. NOTE: If the minimum brokerage per trade is R100, you’ll have to pay R100 to enter your trade. Daily Interest Finance Charge The other (negligible) cost, you’ll need to cover is the daily financing charges. If you buy (go long) a trade, you’ll have to pay this negligible charge (0.02% per day) to hold a trade overnight. However, if you sell (go short) a CFD trade, you’ll then receive this negligible amount (0.009%) to hold a short trade overnight. The costs you WON’T pay as a Spread Trader With spread trading (betting), you don’t own anything physical. When you take a spread bet, you’re simply making a financial bet on where you expect the price to move and nothing else. This means, there will be no costs to pay as you would with shares including: NO Daily Interest Finance charges NO Stamp Duty costs NO Capital Gains Tax NO Securities Transfer Tax NO Strate NO VAT NO Brokerage (all wrapped in the spread). The costs you WON’T pay as a CFD trader With CFDs, you’ll notice that there are similar costs with Spread Trading that you won’t have to pay including: NO Stamp Duty costs NO Securities Transfer Tax NO Settlement and clearing fees NO VAT NO Strate

24-Hour Dealings The great thing about Spread Betting or CFD trading is that, you can trade markets trade 24/5. I’m talking about currencies, commodities and indices. And with Crypto-currencies you can trade them 24 hours a day seven days a week. I have left out a very important difference between CFDs and Spread Trading… Gearing and how it works in real life… Either you can wait till next week, as I will explain exactly how much money you can make or lose through the art of gearing or you can click here where I explain how it works through a FREE video…