Trading options around earnings - Vanilla Options in South Africa - All you need to know | AvaTrade ZA
They will then lose the trade or the money they risked on that specific trade.
However, there is no way of accurately predicting how the currencies will eadnings. According to Jaba Investmentsforex traders "take calculated risks by relying on statistical probabilities to determine trades".
All emphatically share the sentiment that it is far from easy and definitely not a get-rich-quick scheme. Rossouw had her accounts completely wiped trading options around earnings when she started trading and it took her years before she made any real money out of forex trading.
ACM Gold 's David Rosenthal says people who have made money quickly normally end up losing it the same way. Trade money as you would any other investment. Johannesburg-based forex trader, Tshepo Brand, warns potential investors not to fall for brokers who guarantee returns.
A full-time forex trader himself, he tells HuffPost SA: It is trickier and more complicated than people think, but people underestimate its difficulty. You will lose money -- guaranteed Maria Rtading lost R1,6 million.
The year-old from Polokwane, who had been trading for just a couple of weeks, made a R, initial investment that quickly grew to Trading options around earnings million. She then lost it all. Bongwe recalls how shattered she was at the loss: Johannesburg-based forex trader, Siphiwe Magudulela, paid R35, to attend a trading seminar and has been trading full-time since.
He says he made his first million in Septemberbut lost it all in February of Percy Ngwenya, from the North West, blames losses he trading options around earnings made as a forex trader on greed. Ngwenya, who labels trading as a "very dangerous investment" tells HuffPost SA he miscalculated how the market would perform during Brexit.
He has lost R25, in one day in one trade. Trying another form of trading, he lost R60, in one go.
Another forex trader, Thanda Zulu, who is based in Durban, has also been doing exrnings full-time for almost five years. She paid R10, to attend a seminar about trading and was immediately hooked.
Unemployed at the time, she saw it as a great opportunity to earn some income. A view she still strongly holds. She admits, however, it hasn't been an easy journey.
I had to teach myself and be hungry for it. She does not believe she has fully reaped the benefits forex trading can afford her.
The scammers Jaba Investments says the market is full of them. Fake trainers, fake brokers, fake trading options around earnings or trading companies; all they care about is getting their hands on people's money. During his studies, he obtained a part time job with Deel-Smith Securities - a small futures broking business.
Once he graduated, he was employed full time at Deel-Smith Securities and sent to London as a broker of futures and trading options around earnings. In he was approached by BoE Stockbrokers to start a retail derivatives desk and to roll out Single Stock Futures to the retail market.
This is where Garth really began to flourish, growing the desk at BoE into a substantial business with a large share of the retail derivatives market. He became a regular market commentator trading options around earnings various South African TV and Radio programs optons developed an illustrious profile in the industry.
In he launched a managed futures fund for BoE. Today Garth trades his own capital for a living. He also writes a monthly column in the investors Monthly Magazine and a weekly column for the Financial Mail.
Andrew Todd has always had a passion trading options around earnings markets, trading and investments and started trading his own account from when he was fresh out of high school. After working and b54 binary options abroad, he met Garth Mackenzie through a mutual friend while working in London and so began the friendship and solid business relationship.
After returning to South Africa, Andrew worked at Liberty in the pension fund accounting department while still actively and successfully managing his own derivative account.
However, trading was always his passion and when a position opened up at BoE Stockbrokers under the helm of Garth, he leapt at the opportunity. He has nearly 10 years of retail broking experience and has been an active trader for trading options around earnings 18 years.
Hope you have a blessed Festive season with family and loved ones and thanks for the constant high-quality service you guys offer. I know we pay for this service but I honestly believe that we get more than trading options around earnings we pay for. Keep it up and have a good rest!
Thanks TC for the excellent service. Looking forward to Sold Bidvest at a nice profit. Sold this morning into strenght.
Made a shit load of money. Now off to Dubai to spend Xmas with the kids Never leave positions open forex kontakt I am on holiday That rally was called perfectly from the friday recommendations Thank trading options around earnings so arouns Thanks all and enjoy the weekend.
Wow, that was a thing of beauty to behold.
Made profit today equal to my original capital outlay when I started trading again in April. Enjoy it guys, not often we see days like this on the long side!
Thanks to Andrew and Garth your guidance is priceless! Having a very good day.
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