What is the inital minimum amount I should deposit into my trading account in order to activate my account?

An initial deposit of R5000.00 should be deposited into your trading account in order to start trading.

How do I fund my trading account?
How do I withdraw from my trading account?

I have a question on one of the modules in my training material.  Who do I contact? 

For questions relating to the training content, contact Jacques De Beer on 011 315 1000.

I have completed all the training material and still need assistance on my trades.  Who do I contact?

For further assistance with placing trades, speak to your Trading Mentor on 011 315 1000.  Should you not have a Trading Mentor assigned, one can be assigned to you on request.

What products can I trade?

JSE CFD’s, Forex and Index’s

What are CFD's?

In finance, a contract for difference (CFD) is a contract between two parties, typically described as "buyer" and "seller", stipulating that the seller will pay to the buyer the difference between the current value of an asset and its value at contract time. (If the difference is negative, then the buyer pays instead to the seller).

For example, when applied to equities, such a contract is an equity derivative that allows traders to speculate on share price movements, without the need for ownership of the underlying shares

In effect CFD’s are financial derivatives, originally known as Traded Options, that allow traders to take advantage of prices moving up (long positions) or prices moving down (short positions) on underlying financial instruments and are often used to speculate on those markets.

What is Forex trading?

Forex is short for “foreign exchange” and the forex market is one of the largest markets in the world. Each day trillions of dollars’ worth of forex gets traded in what is referred to as currency pairs. The forex market is a market comprising probably a thousand or more currency pairs. For example, the US dollar and the rand, the euro and the Swiss franc, the Japanese yen and the British pound, the Kenyan shilling and the Botswana pula, and so on. In reality, there are eight currencies that are actively traded on forex markets; these are the US dollar (the most widely traded global currency), the euro, the pound sterling, the Swiss franc, Japanese yen, and the Australian, Canadian and New Zealand dollars. In addition, there are several other currencies that are fairly widely trades such as the Chinese yuan, the Mexican pesos, the Singapore dollar, the Indian rupee, the Russian rubble, the Brazilian real and the South African rand. Forex brokers will often allow trade in these currencies as well. The majority of currencies such as the Botswana pula, the Armenian dram, the Barbadian dollar, Chilean peso, the Israeli new shekel, the Rwandan franc and the Vietnamese dong are considered minor currencies which are usually only traded in exchange for the key majors (e.g. US dollar, British pond and euro) in the countries where these currencies are home. Nevertheless, even the minors would always be trade in pairs, for example the Botswana pula for the US dollar.

What is Cryptocurrency trading?

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Should I enter and exit my trade on the same day?

It all depends on your Trading plan, risk and reward ratio and securities you are investing in.

Study money management.

Once we make profits, it is time to protect them. Money management is about the minimization of losses, and maximization of profits. To ensure that you don’t gamble away your hard-earned profits, to “cut your losses short, and let profits ride”, you should keep the bible of money management as the centerpiece of your trading library at all times.

What does it mean to actively trade?

You can be trading different investment vehicles during the day or week opening and closing the positions actively.

What kind of profit should I aim to make in a trade?

You need to look at your trading Risk and rewards calculations. Your risk must have an ½ ratio. Your quantity  of shares selected to open the position will determine what you will be willing to lose and make on the security you are trading at the time. You need to focus what you are willing to lose and if comfortable you will overcome the fear and stick with your trading plan.
 
I keep hitting my stop loss.  What should I do?

You need to revise your setting on time frames of your charts. Review the indicators and chart styles. Review your fundamentals news information. In actual fact you need to go back to Basics and start building your trading plan again from scrats. To overcome the fear of the next trade might go against you. 
Why is it important to use stop loss orders?

Using a stop loss order can minimise your losses on a trade should  the trade move in  the opposite direction to your prediction.