What you need to Begin Trading

 

I want to help you start trading the right way.

 

And even though you have embarked on this journey to financial freedom.

 

You STILL need to take the first step.

 

Some of these elements you might have already adapted, and others you are working on.

 

But no matter what.

 

Let’s just ultimately confirm you have everything you need to begin trading…

 

#1: Computer and internet

 

Many people want to trade on their phones, but I find this cumbersome.

 

The small numbers and ways to make errors, are numerous.

 

Instead, make sure you have a computer (desktop or laptop).

 

You’ll find it’s easier to actually execute a trade with precision.

 

#2: Trading platform (broker)

 

Make sure you choose a broker who offers:

 

1. CFDs or spread betting

2. Wide variety of markets to trade (Local and international shares, indices, Forex, commodities etc).

3. Easy to use and visualise trading platform

4. Your trading broker must have features to input your trading levels.

Entry (The price to get in)

Stop loss (The risk price to get you out should the trade move against you)

Take profit (The reward price to get you out should the trade move in your favour)

 

There are many more elements to choose your broker and if you want the full book I wrote for Free just send me a blank email by clicking here at timon@timonandmati.com.

 

#3: Charting platform

 

Some brokers offer fantastic charting platforms. And others offer not so great platforms… If you want a FREE and incredible charting platform, then click here to get started with TradingView…

 

I’ve written a  complete How-To-Guide to get you signed up ASAP.

 

This way you can track, chart, draw and annotate on your charting setups. Click here to download the updated guide now and read later…

 

#4: Fund your account

 

You might not want to trade real money yet, as you’re still learning.

 

But I must say it’s more reliable and better to fund an account with a broker who you will be trading with in the future.

 

The reason is… They will provide you with more features, services, markets, news and your experience will feel more real.

 

If you want to fund an account with one of our top brokers you can click here.

 

NOTE: If you sign up with them today and fund your account, you will automatically receive a FREE ticket to the Complete Commodity Trading Course coming up this Saturday…

 

#5: Create or adopt a trading strategy

 

You’ll then need to have a proven and profitable trading strategy which has pre-defined trading levels (Entry, Exit and Risk Management rules).

 

#5: Back and Forward test

 

If you decide to create and go through the laborious process of developing your own system, you’ll need to back test 20 trades, forward test 20 trades and then live test 20 trades.

 

This can take up to 1 and a half years to get right… If you want to adopt my 20 year old proven and profitable trading strategy that has helped thousands of Premium Members become consistently wealthy then you can go here to get it and work on it…

 

All my secrets, tips, criteria, cheatsheet and saving you years of hard work, just one-click away…  

 

#6: Journal and track your success

 

You’ll need to have a spreadsheet or tool to track, monitor, analyse and to keep up with your trading strategy’s results…

 

This needs statistics like your:

 

• Win rate

• Average winner

• Average loser

• of winners

• of losers

• Total profits

• And more metrics…

 

Note: You’ll get this journal template when you receive the MATI Trader System.

 

#7: Gain extra tips and information

 

Knowledge is power.

 

But applied knowledge is true power.

 

If you want to follow my FREE trading tips, analyses, tools, and strategies in a special channel, you can click here and click subscribe…

 

#7: Keep at it…

 

Trading is not for everyone.

 

And the reason is because NOT everyone has the passion, patience and persistence to keep going for the rest of their lives…

 

If you believe this will be a fun and profitable hobby and that you will keep going and keep trying – YOU WILL SUCCEED.

 

YOU WILL WIN…

 

I WILL HELP MAKE YOU RICH…

 

It will take a bit of time and effort, but in the end it will be very much worth it…

 

I trust this beginners guide to trading will help you kick off to a great start…

 

Now go back to the beginning and read this again slowly…

 

Save it, print it or take photos with your phone…

 

And follow each step…

How to be a LASER Trader

 

Rinse and repeat.

That’s it…

That’s all you need, to be a successful trader.

It’s the repeat motion that will help grow your portfolio.

Do you want to know what I use to do this?

It’s one simple little acronym you’ll never forget…

Ready?

Make sure you first have a winning system

Before I get into the acronym, make sure you have a trading system with a set of rules and criteria you’ll follow when you trade.

Whether you use my 20 year low risk, high reward MATI Trader System…
(Get it by clicking the link) Or you have your own proven system, according to your personality – you’ll need one.

And when you have your system then you can follow this powerful acronym.

LASER your TRADES

1: Look

The first thing you’ll need to do, is to go through your watchlist very quickly.

A watch list is a list of markets you’ll LOOK through when finding trades.

These markets can range from anything including shares, indices, commodities, currencies and crypto-currencies.

When you have your watch list, you’ll go through the list and get a feel for how the markets have moved for the day.

Example:
Before I trade anything, I LOOK at the JSE All Share 40 stocks that are in my watch list.

I then run through them briefly to see how the markets are performing.

Here’s my watch list with the markets in the JSE All Share Top 40…

2: Analyse

The second round of going through your watch list, is where you’ll look for specific trading setups.

Whether you trade using price action, patterns, indicators, volume etc…

This is where you’ll ANALYSE the charts individually.

Also with this step you’ll write down potential trades that are lining up.

3: Setup

The third step is to go back to the markets that you’ve written down – which you’re looking to trade.

You’ll then do your simple trading calculations and place your chart SETUPS so you can see where your trading levels are.

EXAMPLE:

If I see a trade that’s lined up, I’ll draw horizontal levels showing where my entry, Stop loss (risk) and take profit (reward) levels are…

I like to use:

Blue for entry
Red for stop loss
Green for take profit

Here’s an example from the last Premium MATI Trader email with the trade setup.

4: Execute

You’re ready to take the trade!

Right-click on the market, on your trading platform, and click buy or sell…

And then you’ll place your entry, stop loss and take profit levels. You’ll choose how many CFDs you’ll need to buy according to your money management rules.

And then hit trade!

5: Record

As soon as you’ve successfully taken the trade, head over to your journal (excel document) and record your trade transaction.

Here’s how I recorded the Sasol trade that I sent out to Premium MATI Traders…

That’s how to be a LASER Trader…

I like that…

And on a daily or weekly basis, you’ll repeat those steps…

Let me know if you found this article helpful by clicking here.

If you want to be a Premium MATI Trader and secure a 28.57% discount send me a blank email by clicking here…