How trade specialisation might make you a rich Forex Trader

Published: 07 October 2021

Tope Ijibadejo, Nigeria Region Manager for CMTrading, Africa’s largest online broker and a leader in the international markets, shares his take on specialised vs diversified trading. Here’s why specialisation is first choice for many traders.

“In simple terms, trade specialisation is when a financial market trader or forex trader takes on the discipline required to trade in a narrow asset class. For instance, the trader would only operate in the Euro and US dollar pair in the forex trading space. Alternatively, they could decide to trade exclusively on the NASDAQ or trade only crude oil or gold – whatever their specific area of choice may be. 

“Conversely, diversification, as opposed to specialisation, is a choice many traders make. But here’s why a trader may choose to specialise as opposed to diversify: “The benefits of trade specialisation can be great. First of all, diversification gives you a fair level of accuracy in trading (if you are diversifying, you can, on average have between a 60- and 65%-win rate trading across various assets). When you specialise, however, you could achieve as much as a 90%-win rate by focusing on just a single asset. 

“Strategic specialisation can give you the winning edge and a high level of accuracy – ergo, you may make more money. And specialised trading can be less overwhelming and confusing, leaving you with better work-life balance because, where trading several assets at once means investing more time as you jump from one to the other, specialising in a particular asset or asset class can help you maintain a more singular focus. You are only looking out for one news item, after all, as opposed to constantly watching the markets like a hawk. 

Getting started as a specialised online trader 

“Specialised online trading is all about discipline and accuracy. For instance, if you decide to want to become a specialised trader, you could focus on crude oil and the US dollar – especially since the two have a relationship. If you cultivate a level of understanding about how those two assets work together, your accuracy is likely to increase exponentially. 

“The discipline comes in only trading when it is truly relevant – or learning to apply real focus, put your hands in your pockets and not be tempted to look into another asset to trade. There are likely to be many times you will be dying to get in there and trade, but if there aren’t real opportunities to do so on your particular asset class, you need to learn to step back and bow out until the grass looks a bit greener. 

The real benefits of specialisation 

“The old cliché, ‘Jack of all trades, master of none’ applies here. In my 14 years of trading, I have found, time after time, that traders who decide to master a particular asset class grow to a unique level of understanding of their asset of choice – almost as we understand our life partners after years of marriage. The markets work on the principle of repetition – cycles and patterns that, subject to prolonged observation, will become more predictable to the trader. That predictability gives the trader an edge. 

“In 2013, I was lucky enough to win an award for the ‘Best Forex Fund Manager’ at the Lagos Forex Expo. This didn’t happen by chance. The win came on the back of converting $150 to $15,000 in six weeks. I did it by trading only the British pound versus the Japanese yen. This happened simply because I gained a very high level of win rates, having observed the cycles and patterns, I cultivated a solid understanding of this particular currency pair. It sounds straightforward, but it required the aforementioned discipline and accuracy in practice. With those in your trading arsenal, anything is possible. 

Closing thoughts “Everything has a downside. But the only pitfall I can think of with specialised trading is that you may not see trading opportunities as often as the average non-specialised trader might. Patience is a virtue, though – and it can pay off. In my experience, it is best to wait, watch and learn. And most importantly, always, trade with a reputable broker

For more information on CMTrading, visit their official website at www.cmtrading.com or call +2347001235348 or +2349137490534 and one of their friendly staff will assist you.

CMTrading is the brand name of Global Capital Markets Trading Ltd (A Seychelles company, company no. 104785)

A SPONSORSHIP PAIRING THAT GOES SO MUCH DEEPER THAN JUST THE SPORT

Published: 23 September 2019

CM Trading is going round-for-round with EFC Africa in the global arena and it’s turning out to be the pairing of year! The announcement earlier this year that CM Trading is jumping into the ring with a one-year sponsorship of EFC (Extreme Fighting Championship) and a deal with EFC middleweight king Dricus du Plessis to act as their brand ambassador for six months, was met with more than a bit of surprise in the industry. But, this online trading company with an out of the box approach to investment opportunities has a reputation for making surprising moves, and a successful start to the sponsorship has validated their decision. This is certainly no surprise to Daniel Kibel, CM Trading Co-Founder. "We are very excited about how our partnership with the EFC, and with Dricus in particular, is progressing. As Africa’s largest and best-known online broker, CM Trading’s cooperation with Africa’s fastest growing sport is a natural fit. CM Trading is Africa’s local international broker, so it’s decidedly a perfect match.”

A sponsorship of this nature is a big win for EFC and has also had positive ripple effects for du Plessis. “Having Brands such as CM Trading get behind the sport in Africa is absolutely huge,” says du Plessis. “The sport depends on large corporations to build awareness, a sponsorship of this nature, adds weight to the growing popularity of EFC across the continent, and the globe. It is a solid step in the right direction to take the sport to a whole new level, introducing it to a whole new set of fans.”

CM Trading is committed to demystifying online trading and demonstrating its accessibility to everyone. So naturally, we were interested in hearing du Plessis’ take on whether he has dabbled in any online trading. “I have spent some time on their platform and am still learning the art of online trading, but the videos and guides are so interesting and accessible and have been really helpful, I like the fact that this is a trusted platform and that I know my money is safe with CM Trading.”

It’s obvious that this sponsorship is about so much more than just the sport to du Plessis.  “The Partnership with CM trading allows me to learn more and more about the art of trading and has helped me to set up options for additional income streams, which is obviously very important for a professional athlete. With these additional income streams in place, and with my knowledge of online trading growing daily, I can fulfil my dream and focus 100% of my time on becoming the best MMA athlete in the world.”

Finally, based on what he has learnt so far, he has some advice for friends and fans, “Number 1 – Learn to budget properly, stop overspending on material things, get a steady primary income and then learn to start adding additional income streams like trading forex. With CM Trading this has been so incredibly easy, I am already starting to reap the benefits.”

Louis Jr Tshakoane's Forex Book Now a Best-Seller!

Published: 03 March 2019

World renowned Prophetic Forex Trader Louis Jr Tshakoane has officially crossed R2+ Million in revenue and sales from his latest book Forex Millionaire in 365 Days by God's Grace. The book has sold well due to the massive loyal African following he has gathered over the past 5 years. With 2000+ pre-ordered and copies sold online before the book launch he has struck the needs of many aspiring forex traders around the world. With over 1 Million social media followers on Facebook and Instagram he has also started a free prophetic forex signals telegram channel with over 5000 subscribers. Where he provides forex signals for free to those young people who cant afford to pay for the expensive premium signals on the market.He has stated that his book is the most expensive yet best selling Forex Book of All-Times thus far. "A product of history in the making".

The book costs $75USD yet many people still keep ordering it despite its steep price tag. One may love to know whats the secret behind the success of his first written book which can be found at www.forexmillionaires.com . "I have noticed that there is a gap in the market for quality forex mentorship" says Louis. "I discovered that many people attend expensive training courses yet walk away dissatisfied and still confused on the deep secrets surrounding Forex Trading. After being mentored by Master Forex Trader Dr. Phd. Shepherd Bushiri and growing many personal FOREX trading accounts from $500 USD to thousands, hundreds of thousands and even millions of dollars. I began to envision putting this method into a formulae that I could share with my followers to alleviate poverty on the African continent. The moment I announced the launch date for the book the orders began flooding in from every direction".

"Young People in Africa are just obsessed with FOREX" say Louis...

The whole book is full of powerful knowledge and strategies I use personally when I trade on the financial markets from Monday to Friday. I often go live on Instagram and Facebook book videos and people keep asking me for tips especially when I trade the NFP (Non-Farm Payroll) Employment signal on the first Friday of every month. My followers love that trade because a trader can double their account or triple just on that day.I help my students through my book to practice risk and money management. My mentor Dr. Bushiri always says, "In Forex to avoid a risk, you need to exercise patience". Ever since I mastered this simple kingdom principle I decided to use it in my trading strategy and it worked wonders. Hence the words God's Grace in the title of my book. Without God I would not have been able to get his far and become world famous as a good trader. It takes hours and hours of daily trading to develop your own style of trading. That is why when someone buys my book they automatically qualify to a free lifetime of live video mentorship with me.

That is also a major reason why people are flocking to buy the book. I don't expect people to spend all their money on the training costs from other institutions. They buy the book get free signals and lifetime mentorship then use their own money to fund their offshore trading accounts. Its a win-win solution for them :) The is a big misconception in the marketplace that I provide Forex Investments and professional financial advise as a result of the advent of fake profiles being created on social media to lure in unsuspecting victims into get rich quick schemes. I have never done such and never will. I completely respect the law and warn the general public against being tempted to engage in such services. Kindly report to me or the authorities should you notice a suspicious social media page pretending to be me. P.S Always make sure you trade with a licensed forex broker and not to deposit funds into random bank accounts. You can visit the fsb.co.za to do a quick search.

TRADING – THE MARRIAGE OF KNOWLEDGE, INTEREST AND UNDERSTANDING

Published: 06 December 2018

Make 2019 your year to commit 

Never before has trading been so lucrative and so exciting – 2018 has been an incredible year of ups and downs and 2019 promises to be even more interesting, says Daniel Kibel, CEO of top rated online trading company CM Trading

“While trading can be complicated and daunting, it can also be exciting,” says Kibel.  “If you compare trading with a relationship (which can also be complicated and daunting), things can become a lot clearer.  I know it sounds strange but with a relationship and with trading there are three key steps, as I see it:

Step 1: Falling in love. In a relationship you meet someone, get to know them, become familiar with them, their flaws as well as the things that you love about them – one of the most important steps in the relationship – you don’t invest yourself if you don’t understand the information you receive.  It is the same with trading, you need to get to know your market, the shares or the commodities that you are looking at trading in.  If you don’t understand it, don’t invest in it.  Having said that, if you learn more about the market you’re interested in and completely immerse yourself in the ups and downs, your relationship with trading will be a successful one. 

Step 2: Getting engaged.  Once you are happy with the information you have learned, it is important to start to commit, in a relationship, the next step would be getting engaged.  In trading it is being committed to a particular commodity, market or share - it is so much easier to trade in something that you know and are committed to. 

Step 3: Getting married!  You never know what goes on inside a marriage until you are in the midst of it.  Take the plunge!  Once you know what you are doing, where you are going and where you can see yourself in 10, 20, 30 years time, then trading is for you.  Make no mistake that - like a marriage -the markets are volatile, but with high risk there comes high potential profit and trading really is a mix of different entities.  Whether it is the economy, the political situation, corruption, fake news….it could be anything, but taking that first step is the most important and I believe the key to a successful relationship, whether it be online trading or finding your wife or husband! 

“I know that the analogy is unusual but if you think about it, it is quite accurate.  I am so excited about the opportunities and trends I foresee for 2019 – market changes, political changes, social changes all play a part in the trading arena,” concludes Kibel. 

Anyone wanting to start trading can contact CM Trading on www.cmtrading.com or email This email address is being protected from spambots. You need JavaScript enabled to view it..   

About CM TradingAn FSCA-regulated company, CM Trading offers the best trading experience both locally and internationally and is a source of information and a conduit to successful trading on any and all trading platforms including: Forex Trading, CFD Trading, Stocks, Cryptocurrencies, Indices Trading, Commodities Trading and Currency Trading. 

For more information on CM Trading please visit their website https://www.cmtrading.com/, or contact them on +27 10 500 80 26 or via email This email address is being protected from spambots. You need JavaScript enabled to view it. . You can also follow them on Twitter @CMTrading_FX and Facebook @CapitalMarketsTrading.

CM TRADING – AWARDED BEST PERFORMING BROKER IN AFRICA

Published: 02 May 2018

CM Trading has been awarded the Best Performing Broker in Africa by Africa investor (Ai) at a recent function at NASDAQ in New York.  The annual Ai Capital Market Index Series Awards showcase the best of Africa’s investment success stories and CM Trading is proud to be recognised as the best in this prestigious award ceremony and sought after category.

Up against some stiff competition with nine other nominees in the Best Performing Broker in Africa category, CM Trading was the winner, with Head of Business Development Paul Venter citing the company’s smooth performance throughout the year as commitment to ensuring its client’s trading in the often complex world of Forex trading and development of a unique range of products and services that make CM Trading, well, simply the best!  

Daniel Kibel, Director, CM Trading says: “Although this is something that we knew we could win, an award of this nature is recognition of the amazing work that each and every one of our teams is doing each every day to push CM Trading forward.  I accepted this award in person, but I was representing our employees as well as the values and trust that are the cornerstones of our business and so key to our success.  While we still have much to do, we are definitely on the map and very much heading in the right direction.”

Hubert Danso, CEO and Vice Chairman of Africa investor said “Africa’s capital markets continue to provide some of the most attractive propositions for investors globally.  This has been proven in particular by our Ai40 Investors Index, which recently broke through the significant 100-point mark and has been on a bull run for the largest part of 2017.  We are therefore delighted that these awards once again showcase the institutions and CEOs from the Ai Index Series at the forefront of delivering world class returns and improving Africa’s capital market investment profile.” 

“With CM Trading offering clients the best Forex trading experience and having our commitment, our clients and our teams success recognised with this award, there can be nothing but victory in our futures,” concludes Venter.  “When dealing with foreign exchange, with money and with people’s investments, it is so important to be transparent and to treat each client with the same respect, courtesy and transparency – not matter what their investment.” 

CM Trading is “Your local international broker” and is a leading provider of derivative trading solutions to the local and international market.   The company, regulated by the South African Financial Services Board, operates successfully around the globe and assists in increasing their clients trading knowledge, providing personal service and support as well as a range of online solutions to match every traders needs. 

For more information on CM Trading please visit their website https://www.cmtrading.com/, or contact them on +27 10 500 80 26 or via email This email address is being protected from spambots. You need JavaScript enabled to view it. . You can also follow them on Twitter @CMTrading_FX and Facebook @CapitalMarketsTrading.

CM TRADING – TRADING MADE SIMPLE AND SUCCESSFUL

Published: 02 May 2018

When trying to navigate the complex and often overwhelming web of forex trading, it is important to have a partner you can trust, one that can act quickly, efficiently and provide you with the best advice and products for your portfolio.  CM Trading is the company that offers its clients all this and more and has become the leading provider of derivative trading solutions to the local and international market.  

Since its establishment in 2012 CM Trading has built up a reputation for being able to answer its clients needs either personally, with the development of new and unique software solutions, or by providing webinars, training videos, technical analysis and e-books – all for free.  CM Trading’s aim is to make sure your individual trading goals are met in a responsible way. 

Offering a transparent trading environment to the retail market, CM Trading offers many services including:

  • Guardian Angel – an intelligent automated trading assistant that encourages responsible trading
  • Copy Kat – a social trading platform that allows traders to see what other traders are doing and then follow them/copy them as they see fit
  • Trading Central – this is a leading market analysis website from which clients can glean information to help make informed decisions
  • Live market summary
  • Web trader

“Trading is a long-term activity, it’s best to not trade on emotions or beyond your means to ensure continued growth. At the end of the day you can’t change the volatility of the market, responsible trading will help make certain to protect you from it,” says Paul Venter Head of Business Development.

CM Trading also offers support with the intricacies of Cryptocurrency trading.  This market is often complex and convoluted but it doesn’t have to be – it can be easy and enjoyable and can turn your world around – with the right tools and backing.  Even institutions have begun trading cryptocurrencies with CM Trading as they realise that this phenomenon has the potential to boost control of their trade.” 

An FSB-regulated company, CM Trading offers the best trading experience both locally and internationally and is a source of information and a conduit to successful trading on any and all trading platforms including: Forex Trading, CFD Trading, Stocks, Cryptocurrencies, Indicies Trading, Commodities Trading and Currency Trading. 

For more information on CM Trading please visit their website  https://www.cmtrading.com, or contact them on +27 10 500 80 26 or via email This email address is being protected from spambots. You need JavaScript enabled to view it. . You can also follow them on Twitter @CMTrading_FX and Facebook @CapitalMarketsTrading.

 

Will Louis JR Tshakoane Prove Critics Wrong, Is Undercover Millionaires Legit?

Published: 09 March 2018

Louis JR Tshakoane, the founder and President of Undercover Millionaires Currency has come under a lot of pressure in 2017 from his competitors and investors. Beefing with FOREX trader Andile Mayisela in the Daily Sun to question marks being raise by some of his 25000+ odd investors of the UMC crypto-currency.This article is dedicated to looking deeper into his legitimacy as a South African entrepreneur. He came under fire when many viewers of VUZU TV saw his lavish lifestyle on national reality show Rich Kids at the end of 2016.

After the launch of his Crypto Currency during April 2016, business for him began to boom. With a massive following of 1,500,000+ media followers glued to his every Facebook and Instagram posts.Since Bitcoin has become a craze in South Africa many people have taken interest in the FOREX market with traders such as Jason Noah of FOREX KINGS and Jabulani "Cashflow" Ngcobo who are well known for hosting training sessions and seminars charging the public to learn how to trade. Other prolific traders who have also come under immense pressure over recent years include Prince NRB, Ref Wayne who also founded his own Crypto-Currency called Pipcoin in early 2016 that is no longer functioning or tradable. Sandile Shezi the self proclaimed Millionaire and founder of Global Forex Institute has also taken jabs at other forex traders with much less ethical ways of doing so in the fear of competition as seen on his many Instagram feuds with Ashley Hastibeer of GoForex. Sandile Mantsoe, Trillion Dollar Legacy Binary Options Forex Trader who infamously killed his Girlfriend is now facing life in prison and has given the trading circles a bad reputation for the fast life.

Louis-Jr Tshakoane travelled around the world from South Africa to Dubai and London preaching the gospel that his UMC crypto-currency can make them Millionaires. Many of whom his followers are so on paper. Since the currency price is based on supply and demand. Withdrawals have slowed down once he began touring the world. Non the less that has not stopped his string of ground breaking announcements that he claims will prove to many critics that his 100% legit and above board. During some seminars I attended in 2017 he even showed audited financial statements of the company boosting in the millions all paying taxes.He has announced a game changing idea around UMC which he calls Undercover Millionaires Cellphone Network (UMCN). An official Mobile Virtual Network (MVNO) which is competing against the likes of Sir Richard Branson's Virgin Mobile and Smartcall. Images and flyers are fast spreading on the streets and social media pages of a new sim card powered by his crypto-currency offering 40% more value for all airtime and data purchases. Meaning when one buys R100 of data they get a bonus R40 of airtime totalling R140. And when a customer or UMC member buys data of 1GB they get up to 500 Mb free. Louis Jr Tshakoane claims his holding company Undercover Billionaires has a strong partnership with Cell C providing him with this superior advantage over the rumors spreading around. The sim cards will provide a much needed sustainable financial upgrade for his currency as members also earn crypto whenever they call. His subscribers have to select a monthly package of airtime and data starting at R150 per month in order to keep their crypto accounts live.

He has been named many things including a fraud, con man, scammer and much more by a handful of disgruntled investors who claim he ran away with their money. All of which he says are people who lack patience and understanding of what they invested in. "I always tell people in my seminars that today's people especially South African's suffer from RDS "Research Deficiency Syndrome". People tend to run after get rich quick schemes like MMM and Kipi thinking they will become millionaires by earning perpetual monthly returns of up to 75% per month like on platforms such as MYLIFECHANGE24/7 which seized to pay its thousands of investors after only 3 months of operating its faceless brand. I put my face and my fathers name on my brand because we 100% legit. I know many of my members expected things to be matured by now but thats not how the game works. In FOREX or CryptoCurrency to avoid risk you need to exercise patience. It has been a challenging 2 years trying to build momentum for UMC. We saw it explode in popularity amongst both the elders and youth then it slowly declined in demand because of insecure individuals and competitors spreading false information and fake accounts using my pictures, labelling me and the currency. It is high time in 2018 that people will realize my original vision. We were waiting for our mobile license to be approved and that took longer than expected.

Our crypto currency UMC is backed by bitcoin, gold, silver bullion and our airtime and data business model. We are 1000% sure that through the 40% discount on all mobile services we will have the cutting edge over the critics, actions speak louder than words.Louis Jr Tshakoane managed to win the hearts of the people around the world with his inspiring story of how he wrote a letter to his mentor Sir Richard Branson when he was 16. Telling people that he loved the letter so much that he physically came to South Africa to donate Virgin Active gym equipment valued at more than R2,5million. He then worked for companies such as Lamborghini Johannesburg and UBS Swiss where he learned from millionaires about the international financial markets.My verdict on this issue is still up for debate kindly leave your comments below on what you think will happen next on this young man's entrepreneurial journey of creating Africa's first "viable" digital crypto-currency.