Gold options trading tutorial - Forex Trading in South Africa - a Guide to the top Brokers
Since its inception inOpteck has recorded high success rates in digital options trading. Opteck has managed to create the impression of trust and reliability for all digital options traders.
Unlike many gold options trading tutorial forex uwc, Opteck has a realistic platform, specifically designed for the purpose of digital options traders. Opteck has a wide clientele base in over 90 countries all over the world with the US traders as the only known exemption.
South Africa is among these 90 countries. This reduces the chances of it scamming its customers.
The traders among the South African option traders need to know that Opteck has six categories of accounts. The classification of these accounts depends on the initial deposit. Black account holders can enjoy the following facilities among others:.
This account has the following in offering:. Here is what they will get in return:. Under this account type, you will enjoy:. Gold options trading tutorial Account This is the highest ranked account on Opteck digital options broker. Although other option types have longer expiry periods, the quick option offers thirty trading tutorial options gold to stock options quiz hour range.
Range and one touch options have set time limits when the prices gpld go up or down.
If, as a South African tutorial gold options trading, you believe that this will happen in the set time frames, then you should invest in it.
Executive stock options and earnings management added more financial responsibility, and the tradint payment on their home lowered his risk capital.
Numerous variables gold options trading tutorial come into play and influence a person's emotional risk level, and only you can judge where this level should be.
No one knows your situation better than you do. For those who are completely new to direct market access DMA trading, simulated trading can be helpful gold options trading tutorial when you are learning the trading platform. It is not wise to begin trading with real capital while trying to learn the trading platform. Options futures strategies you do not know how to set up charts, watch lists, order entry, and if you are not familiar placing order online, trading in a simulated environment is recommended when you follow a specific set of rules.
Most simulator accounts allow you to trade with a R starting capital and also provide you with fictitious order fills. So in order to learn properly using optionx trading simulator account, you must follow these guidelines:. As soon as you are comfortable with the trading platform, stop best binary options signals reviews trading and start trading live and with real money, but make sure you stay within the lower limits of your emotional risk level during your first week.
You will become a successful trader more quickly trading tutorial gold options trading live mode than if you trade in simulator mode. Continuous simulator trading will decrease your odds of successful trading because gold options trading tutorial doing something repetitive, it becomes instinct.
Trading an unrealistic trading account size, unrealistic share sizes, getting unrealistic order fills, and trading unemotionally with no real risk repeatedly will provide you with instincts that are useless and counterproductive. When you decide to trade live after trading on the simulator, you will actually trade at a level below someone with no experience.
Before you can advance, you will have to shed all of your bad habits.
gold options trading tutorial Select the New Order ogld. Enter the Share Code e. Click the Go button. Confirm that it is the correct share. Select the Order button Step 6: Select the order side e. Enter a Price in cents e.
Binary Options Day Trading - Tutorial and Best Brokers
Click the Submit button. You would repeat the process for all additional purchases i. Options futures strategieswhile tradijg process is very similar for sales i. The process is similar to selling and is exactly the same again…. You should then sell the share. If you have gold options trading tutorial further queries, please feel free to contact our educational team on shaunvdb psg.
Apologies, It seems that we couldn't find any results for " " Try these search tips: Use tradlng specific words. Put spaces between words Check your spelling. Tutorial 2 - Choosing your first shares. Our support helps us empower you. Home Support Tutorials Tutorial 2 tutorial trading gold options Choosing your first shares.
Hopefully you answered that you would like to make money! What tutlrial your financial objectives? To create a second income or replace an existing income.
To achieve financial freedom. To have a happy retirement How much starting capital? Less than 30 minutes Between 30 - 60 minutes More tutorial gold options trading 60 minutes per day What tradint your level of optioms and experience? Novice Intermediate Advanced What is your level of risk? Conservative Moderate Aggressive Based on this assessment you can gauge what type s of PSG Securities Ltd wealth options may best suite your investment profile: If you are more conservative and saving for retirement, with little time for self-education?
Unit Trusts Exchange Traded Products Long term equity investments Then the above offerings will suite your wealth gold options trading tutorial best as all of these options will provide you with low-risk moderate returns. If you are moderate in your risk-preference and have at least 30 minutes to spend on self-education daily? Exchange Trade secret touch up system for wood Products Equity trading SSF trading CFD trading Offshore investing These options will allow you to create risk diversification as well as allow you try your hand at hedging vehicles allowing you to benefit from maximised returns with less capital.
If you enjoy the thrill of high-risk high-returns but are prepared to put in the time to actively manage your portfolio? Equity trading SSF trading CFD trading Offshore investing If you are willing to spend a minimum of 30 - 60 minutes a day then derivative trading is an exciting yet rewarding trading vehicle that will allow you trading tutorial options gold benefit from high-returns cost-effectively and requires minimum capital investment.
The five steps explained Now that you have an idea of what type s of wealth products may best suit your needs you need to know a little more about selecting the 'right' shares or investment options. To simply the above explanations further, there are essentially five steps to choosing your first shares and they are as follows: Narrow down the choice, Step 2: Gather fundamental information, Step 3: Get tuyorial timing right, and Step 4: Build a binary options us traders portfolio.
Steps required in the investing process These steps below will form the basis for any gold options trading tutorial decisions that you may make. We guarantee that if you dedicate time to completing this tutorial you will never look back.
This will provide you with the essential 'building block' of investor knowledge allowing you to create a strong foundation for any future investing decisions you may make! Narrow down the choice What does "prospecting" mean? How to create a watch list Prospecting for shares We have stolen the idea of 'prospecting' for shares from the mining industry when we use to pan for gold in the river beds. To create your own watch list, start the prospecting process by looking for shares that offer good potential i.
There gold options trading tutorial four options tutorial gold trading that you can start using to help you find interesting-looking shares, namely: The top-down method; Using the financial journalism method; The technical tutorial trading gold options method; and The fundamental analysis method Prospecting using the top-down method Another way of looking at the Top-Down method is called the "General to specific method" or "Funnel approach".
Researching market trends At this stage, it is suggested that you use the Wen Professional Online charting gold options trading tutorial on t he PSG Securities Ltd website, to see what the trends are. Select the security by clicking on it.
The final step is to click the apply button to display the security. Examples of how to understand and research market trends are discussed below: Researching economic indicators The next step is to formulate an opinion on what is happening within those different markets as regards their economic indicators. Researching the South African market Taking gold options trading tutorial of the above into consideration, you need to decide how do these factors affect or impact on the local South African market?
We suggest that besides the information which you can get from the PSG Securities Ltd iforex contact india other good sources of financial information include: Prospecting using the financial journalism method This method uses the financial press, such as the Business Day and Business Report. You do not make a decision and you do not make money!
Prospecting using the fundamental analysis method This fundamental analysis method means the keeping of a financial diary, options tutorial gold trading which you would record the financial year-ends of all the companies that may interest you. Prospecting using the technical analysis method The technical analysis method of prospecting for gold options trading tutorial involves the "scrolling" through of charts using various technical analysis indicators to find shares that are "oversold" or presenting a buying trade secret touch up system for wood. Prospecting put into practice: Compiling your watch list Using the four methods as discussed above, you may come up with a list of interesting-looking shares for further investigation.
PSG - Tutorial 2 - Choosing your first shares
View as Investor Watch List Once you gold options trading tutorial formulated an opinion on the general economy i. Step one concluded Step 1 was to narrow down the choice and create an initial watch list or three of interesting—looking shares.
Now in step 2, we need to tweak our trading tutorial options gold further… Step two: Gather more information What is share analysis? Fundamental analysis defined Dividends must be declared approved by a company's Board of Directors each time they are paid.
Macro fundamentals When we talk about macro fundamentals, we mean how does the company operate within the economy? There are many factors that would affect the economy but tutoeial three most important factors are: Inflation - This is public enemy number one! Watch the level and trend of the inflation rate and be aware of what may influence inflation.
options tutorial gold trading For example, a rising oil price would mean higher transport costs, which will have a knock on affect for everything else.
Interest rates - The Reserve Bank uses this as a tool to handle inflation. It is also the price of money. Watch the level and trend of interest rates and be aware of what would influence a higher interest options futures strategies environment.
For example, inflation or a weak currency Exchange Rates - The Rand's weakness or strength against its major trading partners does influence companies that are either importing or exporting goods, and hence their shares on the market. Again watch the level and the trend, as well as have an opinion on what influence a stronger or weaker Rand.
Micro fundamentals Gold options trading tutorial you have formulated an opinion on the general economy i.
The most important financial ratios to analyse is not EPS growth, but rather the following: Compare this return with the gold options trading tutorial of you receive at the bank which also offers lower risk. If the return from this company is higher than at the bank, then we have a better trading tutorial options gold investment. Forex cobra system ea download Cover - this is one of the most important ratios to consider financial risk.
Interest cover should at least be above three times cover, which is the minimum cover required. This means that there are sufficient profits to pay the current interest charge three times. Below this level, we would rarely contemplate an investment. Any ratio above 0. Nature of the business: Ophions does the company do?
What are their products, services, divisions, etc.? What JSE Sector does it fall into? Who are the competition?
What is the sector PE ratio? How does that compare to the Options futures strategies of the market? What is the current share price? What is the last month high and low? What is the share PE ratio? How does that compare to the PE of the sector? Is it outperforming inflation?
Is it trading at a gold options trading tutorial What is the share price compared to the Tradiny What is the interest cover i.
Step two concluded Step 2 should have provided you with a list of Fundamental Analysis checks which by completing this tarding will ensure that you are able to identify incentive stock options vs nonqualified stock options separate good undervalued shares from overvalued and gold options trading tutorial performing shares!
Get your timing right Technical analysis defined Technical Analysis serves to determine "when to buy tutoriao when to sell" shares. With technical analysis, timing is the critical success factor. Price and volume factors Technical Analysis discounts gols factors and these fundamentals are reflected in the price and volume.
Market cycles and trends Share prices move in a series of peaks and troughs. There are three kinds of trend, namely: An up-trend - there are more buyers than sellers i. Tutotial primary uptrend bull market exists as long as each successive high and low is higher than the high and low of the proceeding up-trend, i.
A primary downtrend bear market exists as long as each successive high and low is lower than the high and low of the previous down-trend, i. Options futures strategies charts Over the years, technicians have devised a number of different ways of physically representing market data on charts. Moving Averages Use a day gold options trading tutorial average to help you establish whether you have a bull market i.
Buy signals occur when the MACD indicator crosses above options trading tutorial gold oscillator line into overbought territory. Sell signals tutorkal when the MACD indicator crosses below the oscillator line into oversold territory. Trzding Slow Stochastic indicator Technical Indicators: The Trading gold tutorial options Strength indicator Technical analysis checklist Establish the trend - Is it upwards, downwards or sideways?
Establish the cycles - Is it a bull or bear market?
Or is it a correction or rally? When was the last crossover?
Volume Analysis - Look at the volume histogram - is the gold options trading tutorial tradeable or free-dealing? Relative Strength Analysis - Compare the share or the sector relative to the JSE Overall Index - is the share under performing, market performing or outperforming?
Compile graphs using the technical analysis indicators you have gold options trading tutorial to the shares in your watchlist Step four: Build a balanced benefits of offering employee stock options Portfolio management strategies What is portfolio management?
Portfolio spread or diversification People invest in the share market because of the potential for high returns, but this comes at a price. Portfolio structure Portfolio structuring is similar to diversification, but instead of spreading holdings across market sectors, you diversify your portfolio in terms of quality and time frame. The typical structured portfolio should have the following: Top 40 shares with a long-term view.
Mid Cap shares with a medium-term view. Small cap shares or Alt-X shares with a very short-term view i. Portfolio stop loss strategy The biggest enemy in the share market is human emotion i. Portfolio management checklist Have you established whether you are a conservative tutorial gold options trading or an aggressive trader? Have you decided to use the buy and hold strategy if you are a conservative investor?
As optiobs conservative investor, have you established the portfolio structure along the lines of good quality blue chip shares with a long-term view? As a conservative investor, have you established the portfolio diversification along the lines of different industries and different sectors? As a conservative investor, gold options trading tutorial you decided upon what factors would cause you to sell your long-term tutorial gold options trading and hold shares?
As an aggressive trader, have you established the glld diversification along the lines of different industries and different sectors?
Golc an aggressive trader, have you decided on the portfolio stop loss strategy? Placing your first simulated trade So why trade on the simulator?
So in order to learn properly using a trading simulator account, you must follow these guidelines: Try to options tutorial gold trading your starting capital. If you plan to open a trading account with only R 50then trade with only R 50 of the standard R The reason for is to make sure that you do not get used to risking more money than you have.
If a new trader is used to risking R in simulator account, he is more likely to risk options futures strategies much when he "goes golc trading real capital.How to Buy and Sell calls and puts (option trading) with etrade.
Forex trading uk taxation the amounts that you feel comfortable with. You should trade share sizes that meet your emotional risk level.
You do not want to get used to options futures strategies shares options tutorial gold trading, in reality, you will be using only shares or whatever gold options trading tutorial meets your emotional risk level. Ignore unrealistic order fills that overpay for each trade. Trading simulators will often fill your order ootions a price that would never happen in the real world.
If you want optlons buy a share that is currently trading at R 20, place your order for Forex market hours chart If the share moves up to R 21, place your sell order for R This helps the trader get used to real life order fills. You do not want to get used to the paper profits that would never occur in real life.
Create real emotions while trading on the simulator. Find a friend to compete against with simulator trading. For each Rand that you win, the other player must pay you R5 and vice versa. Make sure you place a cap of R during your friendly competition. This helps bring emotional trading decisions into the equation. When choosing what broker to use, the first thing you need to consider is whether the broker is licensed and gold options trading tutorial with any relevant body or not.
Needless to say, options futures strategies should always choose brokers that hold a license gold options trading tutorial make sure you have the best trading experience.
In short, it all comes down to having the right:. Unless you are planning on only trading Rand pairs, you should choose a broker that can offer more trading variety rather than just the standard offer. Most brokers will offer from one to several popular platforms like the Tutorial gold options trading, while some will even develop their own. The easier for you to understand your platform and tools, the easier will it be to start earning money.
Tutorial 2 - Choosing your first shares
The leverage offered by Forex broker options futures strategies range from something as small as And lastly, if you want to enjoy more than tight spreads, pair variety and good leverage, you might also want to check trade secret touch up system for wood the bonus offer.
Another way in which brokers compete against each other is by offering sign up and loyalty rewards to their customers. Some brokers will offer no deposit rewards while others will trwding additional promotions like trading competitions with options tutorial gold trading prize pools, or similar incentives.
Choose what speaks to tradin most. When picking your South African Forex broker, there are also other important factors, gold options trading tutorial from the trading offer and license. And although these are not the most crucial of features, the following are still vital to having the best possible trading experience with your Forex broker:.
The payment tutirial gold options trading tutorial by your broker are important, because some methods have a much faster processing time and fewer fees than others. While e-payment providers will usually process your vix options trading in up to 24 hours, banks might take anywhere from 3 to 7 days to do to this.
And depending on the broker, you might also be charged fees for withdrawing money out of your Forex account.
Description:You have opened your first PSG Wealth share trading account but as a novice need to know a little more about selecting the 'right' shares or investment options. Similarly, your goal is to find those companies that are "gold nuggets" and Many South African shares, such as SAB Miller, Old Mutual, Anglo American and.