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Sorry to hijack your thread jaDEB. I'm done venting now.

how much brokerage and tax did you pay buying and selling CML ORCA? you could have made alot more by just holding and selling later. just saying. not trying to be confrontational.

No prob Neil.  Keeps me busy.
Had I stayed in CML without selling and re buying since 2009, I would have made 1400% but I ended up with 380%.
I am now holding for the 3 year tax thingy.

Quote from: Orca on February 18, 2014, 10:48:57 am

Had I stayed in CML without selling and re buying since 2009, I would have made 1400% but I ended up with 380%.

Damn, I am going outside and cry uncontrollably ...  1400 %        , nevermind moving to Portugal, you could have bought it.

Sorry. That is an old figure. It is 1860% without divies re invested. Now go back outside and sob some more.

I am surprised that nobody on this forum has ever mentioned Powerstocks. These okes put their own money in their analysis first and then open it to the public. No it's not like any of the other share related websites that I have ever seen. These okes started their analysis about 5 years ago and developed share trading strategies based on principles that is used globally. They looked at the okes that made the big bucks and applied those theories to the JSE. They have a lot of strategies and they keep improving on them. Read their website www.powerstocks.co.za.

This is the truth and I have cut it from their website:

PowerStocks Research is the first (and as at 17/01/2013 the only) JSE Technical Analysis (TA) research firm that uses JSE market breadth, available to the private investing public. We started out as a private investing club that conducted unique quantitative research for their own JSE investment purposes. The need for this was borne out of a lack of local public research on the topic of Strategy Indexing (mechanical stock picking methods), and quantitative breadth-based Market Timing Strategies specific to the JSE.

Guess what, the okes were so good, that Sharenet "bought" them however, they still do their own thing. Guess what? These fund managers, even they subscribe to Powerstocks!!! Why pay a fund manager if you can do it yourself?

No Orca, you got it all wrong. Attend one of their free seminars if you can. Send them a mail and tell them you are interested and when are they having their next show and tell. As far as I know you don't pay for the software. You pay the private individual membership fee. You don't even have to go for the full membership upfront.

Complicated software, I promise you that it is not complicated.

Neil firstly, you subscribe to their service and get the software. You don't pay for the service and then they kick you out the door.

Secondly, a heng of a lot of okes subscribe to them. What if those okes have an edge or angle that you don't have and it could have made a serious difference on your bottom line?

Thirdly, how can you say something is rubbish if you have not even tried a 1 month subscription. What do you have to lose? What if the service they supply is pretty good? I say, don't byte it till you have tried it. I will put my head on a block that they can bring value to the table. Do you really think that okes would put their own money on something that is a fly-by-night product?

Let's put it this way. Say you learn just one thing from them or their product and that leads to an increase of 10% in your profits or helps you from not losing money, would that not have made it a pretty good "investment"?

I say again. Contact them and attend one of their show and tell seminars.

Futures are riskier than trading options.
With options you have so many options (is that a pun ?)
Eg..
Long Straddle
Bull-Call-Spread
Bull-Put-Spread
Bear-Put-Spread
Bear-Call-Spread
Short Straddle
Butterfly
Strangle
Short-Butterfly
Short-Strangle

 

Top40 futures on the Safex exchange.