How the late Muhammad Ali can help with your trading success!

We have lost yet another legend.

Not only was Muhammad Ali a former Olympic gold medallist and first fighter to win the world heavyweight title three times, he was also an inspiring, controversial and outspoken figure for life and for racial pride. 

Sure, sometimes he did sound a bit overconfident and cocky. But that's what made him the success he was. 

One of my hobbies in life is to follow these rare champions and successful entrepreneurs. And as soon as I hear or read a powerful quote, I can't help but write it down and relate it to my own trading. 

Here are four powerful quotes by the champion himself to help you with your trading career.

Quote #1: “He who is not courageous enough to take risks will accomplish nothing in life”

Whether it’s trading or investing, you have to take a risk to grow your portfolio.

After all, you’re basing your “bet” decision on whether the market will rise or fall.

The trick is to find a trading strategy which is proven over time. A trading strategy with at least a 55% to 60% average win rate, means you’ll win 6 trades out of 10.

And the risk doesn’t end there.  

You might choose a strategy where your winners are smaller than your losers.

Even with a 60% win rate, your losers will blow your portfolio because of the big losers you take compared to your winners.

You need to be courageous enough to place your take profit levels at least two times higher than what you’re willing to risk.

Only this way you’ll accomplish building your portfolio more consistently.

Quote #2: “Float like a butterfly sting like a bee”

There are only three directions the market moves.

Up, down or sideways.

And when the market moves sideways, and you’re a trend trader, this is where you can take the most losers.

This is where the stock or currency bounces up and down in a range which can cause you to take consecutive losses.

So with the quote. ‘float like a butterfly…’, I refer to your patience levels.

If your trading strategy incorporates buying in a market that is rising with a trend. You need to be able to wait patiently for the market to establish a strong uptrend, and not trade during the sideways range and vice versa.

Be patient and wait for your winning trading system to line up.

And with the ‘sting like a bee…’ I’m talking about actioning the trade.

When your strategy eventually lines up a high probability trade, take the trade without thinking twice.

Quote #3: “Silence is golden when you can’t think of a good answer”

Sometimes, you’ll find yourself looking hard for a trade while the market is going sideways.

If you tend to take more than two minutes to find a trade in the market, stop!

When you have a trading strategy, a trade line-up should stick out like a sore thumb. So rather, acknowledge that there aren’t any trades lining up and just move on to the next stock.

Sometimes the best answer, is to do nothing at all. This will save you from taking low probability trades, which can hurt your trading portfolio.

Quote #4: “Even the greatest was once a beginner”

There are no lucky breaks with trading.

Every successful trader and investor started off like any normal kid starts school.

They began with education (learning the markets), making mistakes (losing money over and over) and finally, making money through hard experience.

The markets dynamics, in terms of demand and supply, have not changed since the Tulip craze of the 1600’s. So don’t be discouraged to start trading.

Take your time and learn the methods. Whether it’s through reading financial books, technical analysis books, YouTube videos, attending seminars and so on…

I want you to remember something when it comes to trading.

You can only get better through learning and trying, as long as you make sure your school fees aren’t that high.

Don’t be discouraged by traders who are making their millions and driving fast cars. Every trader started at the beginning. The trick is to start now and succeed later.

Are you feeling empowered?

I’m sure by now, you’re feeling adrenaline rush through your veins and empowered to start trading. Trading psychology is the biggest mover you can use to feel inspired in the markets.
Just like in any game, sport, business or venture.

So, I encourage you to read Trading Tips, learn to trade the markets, join Trading Facebook Groups, watch a few YouTubes and don’t stop trying new things.

I promise you if you train your brain, practise and trade, YOU WILL find the trading master within yourself.

Always remember,

“Wisdom yields Wealth”

Timon Rossolimos 

The Brexit ahead, MTN, Bidvest and the JSE market in general! - 23 June 2016

This one hidden cost can destroy you as a trader!

Two weeks ago, I attended a business conference at Château de Courtomer in France.

From 8:00 am until 4:30, I attended meeting after meeting in different rooms in the castle.

It was productive for business and it was a wonderful opportunity for Trading Tips as I now have new and exciting ventures I'll be working on for you.

Unfortunately, during this trip. I was hit by the biggest hidden cost every professional trader dreads..

If I hadn't made this mistake - I could've paid my trip to France and then some.

Today, I'm going to tell you about this hidden cost and share the mistakes I made.
Let me explain.

Plan your trades ahead before you travel

The cost that I’m talking about is your“Opportunity Cost”.

An opportunity cost is the loss of other alternatives when one alternative is chosen.

If I hadn’t chosen to travel to the conference, I would’ve taken three trades which would’ve banked me the amount that could have paid for my entire trip to France and the United Kingdom.

But instead, I decided to put trading on hold for that time.

Lesson learnt. So here’s what I want you to do.

Go to your trading platform and see if any trades are lining up for the near future, before you travel.

Write down all of the potential trades that are lining up, and schedule them the day before.

By schedule I mean, put in your trading levels for getting in your trade. And put in your stop loss and take profit level for getting you out automatically.

If your trade has not set up the night before, make sure you find a place with Wi-fi where you can look for trade setups later on. Or do yourself a favour and buy a Wi-fi dongle. This way you’ll have internet wherever you go.

First thing in the morning before you attend your conference or meeting, logon to your trading platform and search for any high probability trades which you can set up for the day.

If you do this, then there’ll be no opportunity cost you’ll take, while you travel.

You’ll be away for the rest of the day, so unfortunately you won’t have time to check on your trades. This means you need to set proper money management conditions.

Lower the risk in case something goes awry in your trade while you’re away 

It can be daunting leaving your trades alone in the market while you’re away from your charting platform…

I have two solutions for this concern.

First, lower your usual position risk that you have per trade. So if you risk 2% on a trade in general, lower it to 1.5% of your portfolio instead.

This way you’ll feel peace of mind knowing, you don’t have much to lose in case the trade goes against you.

And second, there is always a possibility of the market jumping your levels past your stop loss.

This means, you can lose more money than what you anticipated.

In this case, put in a Guaranteed Stop Loss, where you can’t lose more than what you plan to lose if the trade hits your stop loss. GT247.com is a well known Forex broker that has the Guaranteed Stop Loss option.

If you’re a regular traveler, you’ll need to consider these options to make your trading more easier to handle.

And if you miss a trade or two along the way, remember this.

It’s not the end of the trading world

Sure your results might be skewed according to what your portfolio looks like and what it should look like, due to missed trades.

But remember, the market isn’t a short term venture.

It’s a forever income generator that will make up for any missed trades you didn’t take.

I might be kicking myself now, but I know I’ll make up for the lost trades in the next month, quarter, year and so on.

Here’s a summary for your trading while you’re away Tip #1: Plan ahead before you go somewhere Tip #2: Find a place that has Wi-fi or make sure you buy a wi-fi dongle to use to set up your trades first thing in the morning. Tip #3: Lower your risk per trade, to help you feel at easy being in the market while away Tip #4: Place a Guaranteed Stop Loss, if you’re afraid the market will jump your stop loss Tip #5: It’s not the end of the world with your trading, you’ll catch up in the medium term again.

I want you to just print out the five tips, in case you travel and need a plan to trade while you’re away.

You won’t regret it!

Always remember,

“Wisdom yields Wealth”

Timon Rossolimos 

How to trade Forex anywhere in the world!

Always remember,

“Wisdom yields Wealth”

 

Timon Rossolimos

Senior Editor:  Trading Tips 
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time 

Testimonials: What my dear readers have to say about Just a lil Trading Note and Trading Tips!

Here's what our loyal members have to say about:

• Trading Tips  
• Trading Tips TV  
• Red Hot Storm Trader 
• Trading events held by Timon Rossolimos and the Trading TIps team

 
“Speaker clearly knows what he is talking about. He kept the attention of everyone. Presenter very energetic and kept attention. ” – Corrie Bezuidenhout

“Very informative and well presented” – Roy Draper

“Information was valuable and gave one insight on Forex trading” - Mkhusele

“It is one of the best as I have attended few others” – Alpheus Matuie

“Very interesting and educational” – Carrel Hanoke

“He is very knowledgeable about his trade and can transfer his knowledge.” – Jan Ehlers

“Eye opener about Forex market. I think I can place a trade now” – Protas Phili

“Simple explanations for a difficult field” – Koos Visser

“The speaker is very knowledgeable on various topics covered, Esp referring from personal experiences” – Sello Pitso

“Good voice and knowledge of Forex.” – Daan Swanepoel

“He is an excellent speaker. Food – excellent.” – Dirk De Klerk

“Timon is very confident with presenting and the event was very informative. I can start trading now” - Abdulaziz

“It was worth the time, friendly and easy to follow” - Solomon Mashakam

“It was run very well and with lots of detailed information taught in a simple way” - Brandan Rakusin

“Brilliant, just brilliant and it met every expectation.”-  Victor Magwaza

“The confidence inspired me and now I have a good understanding on what Forex trading is all about.”-  David Davey

"Thank you for your speedy response, the information you have given is worth gold and I hope to implement it by month end  I can start
trading now.” - Abdulaziz

“It was worth the time, friendly and easy to follow.” - Solomon Mashakam

“It was very informative and is a must have product.” - B. Mokoke

“Brilliant, just brilliant and it met every expectation.” - Victor Magwaza

“The confidence inspired me and now I have a good understanding on what Forex"

"Just a note of appreciation Timon, on your money management(Risk calculator)tips on the CFD's. You helped me to better understand and manage my losses by your stop loss tips and how much of my portfolio money i should risk losing. I used to just dive head on when trading and worry about the rest later which now i realise was very foolish."

“Timon is very confident with presenting and the event was very informative."

"trading is all about.” David Davey

"Thanks Timon. You are a great mentor. Keep well." - Chris

“I could never time market entry correctly before. This workshop has helped me to identify the positions! My overall impression of the workshop: 9.5/10!” - Thys Uys

“Very informative, and very intense! The examples were ‘real world’ and the workshop definitely met my expectations” - Pierre Duvenhage

“Timon explains technical terms in a simple way. He gave clear techniques without cluttering my mind with any confusion. I give the workshop 10/10 - Excellent!”- Herman Steyn

“The training was good and the speakers are very knowledgeable about the topics” – Zuko Mbele

“All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.”  - Samson Molepo

“Very informative and helpful in putting the concepts across for the layman.” – Francis Hummund

“Both good speakers and their ability to explain topics and terms is very good. I understood all the terms and topics, both were clear and to the point on what they wanted to say. And I appreciated that. This is the first seminar attended which was explained so well. I expected to learn something new and the seminar delivered that.”  – Francisca Pretorius”

“Very informative and well worth it.” – B.J Van Niekerk

“Being a beginner/novice in CFDs it was great that they started from the basics and built on that.  Both presenters are clearly experienced and knowledgeable. The strategy was very clearly discussed and illustrated.” - Stavros Dalakas

“Wow it was mind blowing and insightful. It was worth it” – Celiwe Zulu

“Extremely valuable. Left me with a number of things to take home and use to my advantage.”- S. Meyer

“The speakers speak from experience and they are all active in what they’re teaching. All the questions I had were answered and the venue was clean, neat, practical, sufficient and well-catered”- Johnny Snyman

“A lot of clear and valuable information. Great presentations” -Herman Steyn

“I learnt a great deal. I’m now ready to trade seriously because I know where I went wrong.” -Yathawan Naransamy

“The seminar gave me courage to put more effort on Forex trading. There is also accommodation if the transport is not flexible. This means one can sleep over”- Bongani Ngaki

“Great. Everything was excellent! The Cup and W pattern were my best highlights” -Solly Molete

“The speakers were thorough with their presentations and I know more about the Forex market and charts”- Nolan Danster

“Perfect for beginner traders. Very simple and educational”- Munir Hagee

“Loved the Forex Fundamentals and practical examples shown” -Stephen Mamakoko

“Timon’s and Igor’s presentations were user friendly” -Enst Roth

“Practical examples were useful, thanks Timon” - Vivianne Jaques

“I had very little to no knowledge about trading Forex at the start of the day. But now I’m feeling very empowered” - Alison Darling

“Wonderful! The trading strategies were well explained” - Chris Sethusha

“The combination of three trading greats sharing the stage is what I liked best about the seminar”-  Chris Sethusha

“I got a lot of information and clarity on how to trade” - Marius van Rhyn

"This was an excellent start for me. It was easy to understand and approach" – Jacob Tau

"Timon covered everything for beginners" – Khela Mabewa

"Everything was explained clearly and to the point. Well done!" – Neerash Lutchmen (Durban)

"It was down to basics and easy to follow" – Theunis Botha

"You get everything under the roof. And I learnt how to open a Forex account and start with a demo account."-  Benjamin Mahunonyane

"Timon always makes everything understandable and easy to understand. Timon wanted to always teach us more. Timon as a presenter is always approachable and always providing helpful information." – Paul V

"It was an eye opener because I now know what to trade without fear. The atmosophere was marvellous and everything was explained brief and concise. "– Thupudi Abel Sesama

"Excellent, Timon. I have also found out that my mood has a significant influence on my trading results. Some days I am most certainly in the "wrong" mood. On other days I am in the "correct" mood and make the correct trading decissions." - D-R

"I feel blessed to come to this seminar and I would like to be included in every seminar" – Mothofeela Lekeno

"It did exactly what was promised. I now have the tools to start trading . The best part is,  have future support in various forms. This is just the start."

"Great presentation, great venue, comfortable." – Tumislo Ngulube

"I gained a lot of basic information on trading Forex. I didn’t know anything about it before. The presentation was simple and clear ."– Anon

"I now know where to start and which platforms to use. Everything was very informative ad most of all I got a strategy to use for FREE." – Simphiwe Mashinini

"Timon is very knowledgeable and makes his presentations very simple and easy."  - Amdami

"Very informative and interesting It opened my eyes as to what’s happening in the Forex market." - Joha
 
"Thank you for your speedy response, the information you have given is worth gold and I hope to implement it by month end." – P
       
“Just a note of appreciation Timon, on your money management (Risk calculator) tips on the CFD's. You helped me to better understand and manage my losses by your stop loss tips and how much of my portfolio money I should risk losing. I used to just dive head on when trading and worry about the rest later which now I realise was very foolish.”
     
   “All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.” Samson Molepo
      
  “I’ve learnt a lot not only in CFDs but in trading in general. I’m glad that big emphasis was placed on risk management.” – Anon
       
“Thoroughly enjoyed your webinar. You came across very well” – Anon
       
“Timon explains technical terms in a simple way. He gave clear techniques without cluttering my mind with any confusion.” – H.S
       
“Hi Timon, I just make R2,800 in 2 days on your recommendation Bravo!!!! Send more tips!!! Regards Mario”
       
“T, I’m loving your videos bro. Keep them coming!” – J
       
“All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.” – Samson
       
“Hi Timon. Thanks for giving us something for free. My confidence in FSP has been restored” – A.M
       
“My first trade gave me R35,000 exluding my initial investment. I will recommend you to any person who is serious about making money and a lot of money” – V.N
 
“Dear Sir, Tim is an excellent trader who is cautious, methodical, dedicated and inspirational to fellow traders. He sticks to his trading plan and has excellent money management skills.It is always a pleasure interacting with him as a fellow trader. His advice is normally excellent and he is not a risk taker.” P.S
       
“Timon is very confident with presenting and the event was very informative. I can start trading now.” -  Abdulaziz



Always remember,

“Wisdom yields Wealth”
 

Timon Rossolimos

Senior Editor:  Trading Tips
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time

The most accurate trading indicator predicts an 11.8% rally on the JSE!

Today I'm going to show you how one scarily accurate indicator, predicts an all-time high rally ahead for the JSE.

And if you play things right, you can end up making a very hefty profit. 

And please don't be concerned about the technical terms. By he end of this newsletter, I'm going to make sure you understand everything.

Now, let's see why I expect the JSE-ALSH to go up 11.80% to an all time high.


The RSI indicator tells you which direction the market is more likely to go next

To put it simply.

The RSI, or the Relative Strength Index, is a technical indicator that looks like a squiggly line.

Basically, this line will tell you when a market is over-priced (overbought) or underpriced (undervalued).

The RSI is a closed indicator which ranges from 0 to 100. This means that you'll see the squiggly line jumping up and down between this range. You'll see why this is important in just a minute.

Ok, so there are three levels on the RSI I want you to remember.

•          70
•          50
•          30

When the RSI squiggly line hits the 70 mark, it means that the price of the market is considered overpriced or overvalued.

When the RSI line touches the 50 mark, it means that the index is fairly priced. This is where the RSI normally oscillates around.

And when the RSI line goes on or below the 30 level, we say that the price of the instrument is undervalued  or "underpriced".

This is all going to make sense in a minute.

To help explain this better, let's take a look at the JSE-ALSH  with the RSI at the bottom of the chart.

The three crucial levels you need with the RSI 

In the above JSE-ALSH chart, you’ll see the three levels indicated in Red(30), Blue (50) and Green (70).
 
The RSI is telling us that the JSE-ALSH is ready to rally to an all-time high from here!



What you’re seeing is the JSE-ALSH chart and below it is the RSI indicator.

From May 2015 untill August 2015, we’ve seen the JSE-ALSH make lower lows. We’ve seen it drop from 51,000 down to 49,612 down to 46,530.

But now compare it to the RSI.

The first low of the RSI went to 27. The second RSI level touched 30 on the dot. And the final RSI went to 29.

This means that, the RSI has been touching, more or less, the same level on the low, while the ALSI has been making lower lows.

This means there is a bullish divergence between what the JSE is doing and how the RSI is moving.

So what does that mean?

It means that the RSI is showing that there is upside momentum in the making, which could send the JSE-ALSH up from here.

Next let’s look at what the RSI has been doing in terms of highs.

The RSI is ready to break out of the downside and rally once again

 

At the moment, you need to keep your eye on the 50 level mark on the RSI.

Since, May 2015, we’ve seen the RSI make lower highs. 

Granted.

But look where the RSI is at the moment? It’s at 47.12 which is around the 50 level mark.

Now just to remind you… The 50 level mark is where the price is fair valued generally.

But here’s the thing. The RSI has been showing a bullish divergence which means that it’s favouring the momentum to the upside.

And just like skating on thin ice, leads it to a break eventually. With the RSI, the same thing applies to the resistance (purple line) on the RSI. It leads to a break out as well.

The more times the RSI touches the purple line, the weaker it becomes.  

And so, it looks like the RSI is ready to break to the upside, above the 50 level.

Once it breaks, the JSE will follow suit and will go to the first target at 52,000.

If the JSE breaks above the 52,000, then it’s next pit-stop could take the JSE-ALSH to all-time highs at 55,321.

Always remember,

“Wisdom yields Wealth”

 

Timon Rossolimos

Senior Editor:  Trading Tips 
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time 

PS: Finally, part 3 of the "Eurozone Debt Crisis: The next stock market crash is available...
Enjoy watching the final part, by clicking on the play button below

Eurozone Debt Crisis: The next stock market crash (Part 3 of 3)

The final part of the 3 part series is finally available for you to watch...

Enjoy!

This man lost $4 billion this week, and he's still not worried!

On Monday 24 August 2015, a few things happened:
•          Stock markets crashed over 3% worldwide 
•          Traders wiped out their accounts
•          Trillions of dollars have been lost 

And Warren Buffett, CEO of Berkshire Hathaway, lost $4 billion this Monday. 

How would you feel if you lost that amount of money?

Warren Buffett lost all of that money and yet he still sleeps easily, doesn't flinch at the sign of a market crash and always lives his life to the fullest. 

Here's why!

The greatest investors in the world don’t sell their stocks in fear!

The greatest investors in the world, like Warren Buffett, know that the markets swing up and down on a day to day basis. 

They also know that there’ll be an occasional crash, recession and market correction. 

If these investors based their buy and sell decisions on stock price movements, I can assure you they wouldn’t have 1/20th of the money they have today. 

Greatest investors like:
~ Ray Dalio (Founder of the investment firm Bridgewater Associates)
~ Bill Ackman (CEO of Pershing Square Capital Management), and
~ George Soros (Chairman of Soros Fund Management)

Base their buying and selling decisions on the underlying factors and fundamentals of the business, they invest in.

The reason they buy stocks is because they see a bright future for the company. 

And with careful stock validations on the micro aspects of the company, they know they will be rewarded in the long run by holding onto their stocks. And because they stick to their plans, without being swayed by fickle market sentiment, they end up achieving investment returns that stock price investors can only dream of. 

But why do these investors sleep easy during these rough times?

This brings me to a very important point. 

When I say $4 billion, it sounds like a lot of money right?

But this is money that these billionaire investors can afford to lose. 

Warren Buffett today is worth $66.7 billion. This means, his portfolio is down 5.9% ($4bn ÷ $66.7bn). 

When you were down 5.9% in your portfolio, how did you feel?

Well, not too bad right?

Because you still have 96% of your portfolio left to trade. 

And so, this is how you should think about money when it comes to your investing and trading. 

Look at how much you can make and lose in percentage terms.

The idea of how you make or lose, will fade away. All you have to think about is, how much money you want to make relative to your portfolio. 

Investing and trading is a psychological game, and this is the first most important thing you need to master. 

And so today, I want you to do something for me. 

Before you place another trade, decide how much of your money can you comfortably afford to lose per trade. Make sure the amount you lose is easy to handle.  

It might be R50, R500 or even R1,000, that you’re prepared to lose. 

Once you can answer this question, then you’ll be able to trade more easily, more effortlessly and more rationally. 

I want nothing more than for you to sleep easy, no matter what the market is doing.

In fact, today’s mailbag is all about you. 

And so I’m going to ask you a question today! 

I want to help you achieve the life you’ve always dreamed of

Trading Tips is a platform that we started to help traders like you make an income in the markets, so you can live the lifestyle you've always pictured yourself having.

I'm talking about having enough money to:

• Drive to any restaurant of your choice for a gourmet dinner
• Not having to look at the price of the juicy rib-eye beef steak on the menu 
• Paying for all your guests at the restaurant, without counting the rands and splitting the bill

And having this experience, month after month! 

To help you achieve this freedom , I want to understand why you want to make a second income trading the markets. 

So what I want, no..

What I NEED, YOU to do is this. 

I want you to just answer this one simple question for me.

“If you had R1 million profit in your trading account, how would you spoil yourself (or your family) with your money?”
I need you to CLICK HERE and answer the question now.

When I see exactly what you want in your life, I can start writing about what you need to do, step-by-step, to achieve your dreams. 

I know 90% of my readers won’t give me an answer. In fact, only the most passionate people that want to change their life will contribute and tell what they’d love to spend their trading profits on. 

And it’s ok… But even if I can help just 10 people achieve their life long-dreams, I’ll feel like Trading Tips will have been a well worth journey for them and myself. 

Let me repeat the question again:

“If you had R1 million profit in your trading account, how would you spoil yourself (or your family) with your money?”

I look forward to hearing your answer by Click here

Always remember, 

“Wisdom yields Wealth”

 

Timon Rossolimos

Senior Editor:  Trading Tips
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time
PS: Thank you to all of our loyal Trading Tips members!

I’ve compiled a collage of some of my most loyal members who’ve attended our events over the years and posted it to our Trading Tips Facebook Page.

Go "like" the page and tag yourself in the image. If you dont see yourself then make sure you come along to our next meetup to change that! 

If your heart rate goes above 70 when you look at this, save your portfolio by doing this one thing!

Yet another blood bath day for the JSE.

The JSE is down 4%, as I write to you, today (24 August 2015).

This means, the JSE is down 8% for the month.

We saw the JSE smash through that 49,605 level I told you it was going to hit last week. 

So as traders, what can we do to protect our money in these horrific times.

This heatmap is more like a Hell map!

 

If the heatmap is new to you, then this might be scary to look at.Simply click here to find out exactly “How a Heatmap works on the JSE”.

Once you’re clued up then come back so you can see what I have to tell you today.

Ok now that you know what a heatmap is, it shouldn’t be scary anymore.

It should be frightening!

We're seeing majority stocks on the JSE highlighted in light red. This means, we’re seeing them fall out of their cots.

Here are a few examples:

• MTN down 8.10%
• Grindrod down 3%
• Sasol down 4%
• Netcare down 4%
• PPC down 5%
• Implats down 5%
• SAB Miller down 5%

I can continue, but I don't want to scare you off.

And here’s the funny thing. Gold stocks are up around 3% today on average.

You can see the only section where the rectangles are highlighted in light green, those are gold stocks.

So the world markets are crashing under your very eyes.

Now I’m going to ask you an emotional question

But before you answer, I want you to do a little test for me. I want you to count your pulse on your wrist for 30 seconds while you look at the heatmap…

Then multiply that number by two, so you can tell me what your heart rate is per minute.

I’ve recorded mine and it’s come to 72 beats per minute.

Ok so now for your question. And this you must answer this in your head or, ideally, to me at InvestorsClub.co.za.

How does looking at this heatmap, make you feel?

• Scared
• Worried
• Confused
• Uncertain

It makes me feel anxious and nervous.

In a huge market like the JSE which trades around $200 billion a year, anything can happen.

That’s why I have a very powerful rule I use when I trade.

I call it, the stay away rule!

It’s very simple. If I see a market go up or down 3% in a day, I stay away from that specific stock.

The reason is very simple.

The market moves on average 0.5% to 0.8% a day. And this applies to an average blue chip stock.

So, as soon as a stock moves up or down 3% in a day, there's a shift from the normal to the erratic.

And this isn't what you want when you trade.

You don’t want to get into trades when the market is being too bouncy and erratic.

The exact same thing happened in the year 2008, and it’s happening again.

So it’s better to do nothing at all than to do something stupid.

I really hate being the bearer of bad news.

I want the market to turn up, I want you to get into some profitable trades. But unfortunately, I need to show you what's happening in the market. And what you can do to protect your portfolio during these times.

Have a wonderful day and thank you for taking just a few minutes to hear what I have to say.

When our heart rates are below 70bpm again, I’ll be sure to show you the best profitable trades out there.

But until then,

“Wisdom yields Wealth”


Timon Rossolimos

Senior Editor:  Trading Tips 
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time

PS: If ever you’d like to see what the heatmap looks like on the JSE on the day, feel free to ask me on the InvestorsClub.co.za… It’s very handy and gives you a good feel, what’s going on in the market. 

A selfie at the Forex 101 Workshop - Spot yourself!

On 15 August 2015, FSPInvest.co.za held the first Forex 101 Workshop.

And the first thing I did when I took the stage, was take two selfies with the audience.

What a way to start right?

I mean, if Ellen DeGeneres can take a selfie at the oscars, Jimmy Fallon (host of the Tonight Show) can do it and even Barack Obama, why can't I?

If you're a little upset that you're not in the photo because you couldn't join, then I have something special for you that I've kept a secret until now...

Here are the selfies I took - see if you can spot yourself!


If you're a little upset that you're not in the selfie because you couldn't join us last weekend, then click here - I have something special for you that I've kept secret until now...

That’s all from me today. You can continue to enjoy your weekend.

“Wisdom yields Wealth”

Timon Rossolimos
Senior Editor:  Trading Tips 
Head Analyst: Red Hot Storm Trader
Author:          94 Top Trading Lessons of All Time