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Thursday, 26 September 2019
5 Market Entry Orders You Need To Know
Tuesday, 24 September 2019
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.
Tuesday, 17 September 2019
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
Thursday, 12 September 2019
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:
including the:
Opportunity cost
You can find other higher probability trades, instead of having
your money tied up aimlessly in a sluggish market.
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).
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.
Trade well,
Timon Rossolimos
Founder, MATI Trader
Monday, 2 September 2019
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.
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:
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.
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
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.
Friday, 30 August 2019
My Interview With Multi-Millionaire US Trader Peter L Brandt
I have an exciting surprise that I think you will enjoy.
In 2013, I came across world-renown trader, author and owner Peter L. Brandt.
Over the next couple of days we had some really awesome chats about trading. In fact, I’ve managed to collate some of these timeless lessons he shared with me which I think will bring extra insight into your trading.
So when you’re ready, click here to download the interview
Trade well...
Timon Rossolimos
Founder, MATI Trader
Tuesday, 27 August 2019
Pros And Cons With Trading
Transparency is everything with trading.
The good and the bad.
Here at MATI Trader, we want to expose you to the realities of trading.
What better way than to start with the PROS and CONS of trading.
Derivative Trading – ADVANTAGES
Advantage 1:
Minimal costs
Whenever you take a derivative trade, remember you’re only buying a contract and making a bet on the direction of the underlying market, rather than owning anything physical.
This means, you won’t have to worry about paying high brokerage and other trading costs like:
- STT (Securities Transfer Tax)
- Stamp duty
- Settlement and clearing fees
- Investor Protection Levy
- VAT
- STRATE
Advantage 2:
Profit from up or down markets
You can make a profit by buying low (going long) and selling at a higher price. Or by selling (going short) and buying the borrowed shares at a lower price for a profit.
Advantage 3:
Get paid dividends
When you buy a derivative of the underlying share, which pays dividends, you’ll be entitled to the full amount when you buy the market.
Advantage 4:
Instant access to world markets
Your broker will most likely offer you a large range of markets from local to international shares, commodities, currencies or indices, the world is virtually your trading oyster.
Derivative Trading – DISADVANTAGES
Disadvantage 1:
Gearing – Magnified losses
Gearing unfortunately is a double-edged sword. If the trade goes against you, you could wind up losing more money than what you deposited.
Disadvantage 2:
Commitment
Trading is an active business. You’ll need to commit more time to your trades than you would with investing.
Disadvantage 3:
No shareholder privileges
When trading a derivative, you won’t be able to vote, attend AGMs or have any say in helping with the underlying companies.
Disadvantage 4:
Pay dividends when you’re short
If you sell (go short) a trading derivative, with the underlying share which pays dividends, you’ll then have to pay the portion of the dividend instead.
Trade well...
Trade well...
Timon Rossolimos
Founder, MATI Trader
PS: Have any more pros or cons with trading, post them in our Facebook group.
Friday, 7 October 2016
A Forex interview with a multi-millionaire and my mentor
Today, we are very fortunate to have my trading mentor and personal friend in the building.
His name is Igor Marinkovic.
You might have seen him present with me at a Forex seminar, at a South African Gala dinner or elsewhere.
Well, Igor has been a mentor to not only me but also to hundreds and thousands of readers on his website.
And so, without wasting any more time, let's get straight into today's Forex trading interview with my personal mentor and friend.
So Igor, what first got you into trading?
I started trading at the end of 2002. The main reason that I got into trading was because one of my colleague’s was trading at the time.
We worked in open offices and I overheard him talking to his broker.
Before that, I came from an ex-communist country. I didn’t have a clue what trading or investing was.
One day I went to his office to ask him a couple of questions.
I then went out to buy a book to start reading up on it.
And little by little, I gathered knowledge about trading.
I started trading warrants on the JSE, then I moved to trading ALSI futures (All Share Top 40 Index) and at a later stage to Forex.
What's the most important rule you've ever come across that's helped you succeed in Forex?
The most important rule, or rules, are all about risk management.
When you start trading the most important thing is to risk as little of your money as possible in any of your trades.
I would say less than 1% if most books teach you to risk no more than 2%. The less you risk the more chances you will have to survive long enough to learn how to make money trading.
Trading is not about becoming rich quickly.
If you think that way, then you can see it as a blow your account quick scheme.
If you plan to trade for the next 30-40 years then the first 3 or 4 years are not important at all.
Unfortunately there are so many sharks out there ready to take your money as they preach about risking 20-30% on each trade.
It is easy for beginners to become their prey.
To put it shortly:
“Your main job is to protect your capital.”
Out of all the financial instruments, why do you choose Forex?
I don’t know, it is just one step in my trading life.
One morning I woke up and I didn’t like trading the ALSI any more, after trading it for 13 years.
And as Steve Jobs said: “I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.”
To be honest I thought changing from the ALSI to Forex would be much easier. I have to say, it took a good 1 to 2 years to find my feet in the Forex markets. And I haven’t turned back.
What is TradingWisdoms.com exactly and what will people get out of going to the website?
I really believe that the holy grail in trading is not in a chart or an indicator. And it is not solely in the trading psychology side.
The truth, the holy-grail lies somewhere in the middle. For years I was collecting trading wisdoms from books, blogs, tweets and writing them down. One morning I asked myself, why don’t I share all those wisdoms with other traders? That is how TradingWisdoms.com was born.
Anyone can browse over 800 trading wisdoms and find something that will make sense to them at the time.
Not every TradingWisdom will suit every trader or investor. But you’ll certainly click with the ones that are the most relevant to you.
This is a free website that I find as my small contribution to trading and the investing community.
Thank you Igor for your time and for your personal trading wisdom, I’m sure our 130,300 subscribers will all learn at least one or two things about trading.
I bet you didn’t know this
Igor is a quiet man. And when he opens his mouth, you’ll just hear wisdom and experience which will have an effect on your trading and life in one way or another.
Well, I just wanted to conclude today with something you probably don’t know.
Igor is proudly one of our experts on the InvestorsClub.co.za.
You can ask him any question you like and he’ll be happy to answer any of your questions.
If you have a question for Igor now or would like to give thanks to his small service he has to offer, click here.
Always remember, “Wisdom yields Wealth” Timon Rossolimos
Click here to join TradingWisdoms.com
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