TraderZA

@BizNewsCOM He also believes in the tooth fairy.

🔗 Link in Bio Oil prices are already retreating! 🛢️ Kevin Hassett is confident that a breakthrough in the Strait of Hormuz will push energy costs down far enough to trigger negative inflation. 🌍 #BizNews #Inflation #Markets #FuelPrices #Oil

@FinanceGhost @KingsmeadBF Bit hard on yourself. Your standard of writing has always been pretty high.

With thanks to @KingsmeadBF (and a chat with a potential publisher outside one of the venues...), my alarm went off even earlier than usual this morning. And this time, instead of hacking through stuff without much of a plan, I now have a proper idea of what I'm writing.

@JustOneLap Thanks for the reply. But must you not still "cross the spread" if you use a limit order?

@TraderZA100 yes as you still have to 'cross' it .. sellers at 110c buyers 108c that a 2c spread to 'cross'

Ever wondered why your ETF doesn't always trade at its "true" value? We went straight to a market maker to find out. Ryan Basdeo and Neo Mohapi from @1nvest explain spreads, liquidity, offshore ETFs, and the best time to trade. 👇 justonelap.com/the-secrets-of…

@JohannBiermann1 Something different to do is to walk the 'secret' passage from Castel Sant'Angelo to the Vatican (known as the Passetto di Borgo). You have to book. It can also be done after dark. Two popes used this walkway to escape from the Vatican.

Visited the Colosseum and the Roman Forum today. I have no words.

@FinanceGhost Concerning (am a shareholder). Constructive grammatical criticism: Starting the sentence with "Look" is unnecessary and adds nothing.

Look, I'm not a shareholder in Optasia. But if I was, and if major customers like MTN were publicly saying this stuff about the product I'm invested in, then I would probably reassess my investment.

@MoketeMasia @cjpraat No.

@cjpraat If an investor is ok with the fixed base and performance fee structure wouldn't they want to see a higher TER?

JP Verster of Protea Capital has launched his high risk long/short hedge fund to retail investors on the JSE. The fees are 1.25% service fee plus a 20% performance fee (excl VAT). The TER is 7.42% It delivered 15% last year and about 10.5% annualised since inception :

@cjpraat He keeps saying that he is a long-term investor and not a trader. However shorting gold and Sasol, as he has done (unsuccessfully) in the last while, are surely trades rather than long-term investing?

@madaboutmarkets Their main goal now is to open the Strait of Hormuz. Which was open before the war began. Can't see much by way of winning there.

Does anyone really think the US can win this war ?

@dbbovey Think she has a house in Agios Nikolaos, which is nice.

It's a Monday afternoon, so what better time to remind you of Daily Delights, every day, on my website. bristowbovey.com/daily-delights/

@dbbovey That is quite a dichotomy. I read the book and about her after we had been to Spinalonga. Greeks apparently took to her - she took part in their version of "Dancing With The Stars" and was awarded honorary citizenship. Probably because she put Spinalonga on the tourism map.

@madaboutmarkets They have made enough not to worry about such a scenario.

I look forward to the day when insiders take a position, and Trump's jaw boning falls on flat ears

@hazelwood_dave Acted as a hedge for thousands of years. That won't change due to a two week wobble.

If gold's role as investment hedge has changed, what's best alternative counter-cyclical instrument? Can't be crypto, though, because that also seems correlated with equity markets.

@dbbovey Saw that you were learning to speak Greek. Victoria Hislop (author of "The Island") said it took her ten years!

@TraderZA100 No! I went down to Elounda and tried to took a boat across (because I'd seen it in an old 70s English TV show set in Elounda) but the weather was a bit choppy and there were no boats available.

@dbbovey Pity. The place is haunting. One of the best excursions we had in Greece.

@mtobinwex The more the merrier.

JPMorgan has 12 directors, including Jamie Dimon, as Chair & CEO. Market Cap circa $800b. Why would Nedbank, with a market cap of roughly 1% of JPM, need 19 directors?

@RyanCoetzee Can't understand that this is not blatantly obvious to everyone.

I understand some people hate the left. I understand that some people are conservative. I understand some people are nationalists. But what I don’t understand is why anyone, whatever their world view, would be unable to see Trump for what he is as a human being. It’s a simple matter of basic judgement. He is unfit. Utterly unfit.

@TraderDivergent The problem with mechanical trades is that markets change.

Why “perfect trades” are dangerous Why “this trade looks perfect” is a red flag. Most traders secretly believe they can read the market. If they study enough patterns… Add enough indicators… Watch price closely enough… They’ll eventually see what happens next. But discretionary trading makes this belief worse. Because suddenly everything starts to look meaningful. A trendline. A pattern. A divergence. And before long… The trade feels obvious. “This one looks perfect.” “This one can’t fail.” “This one is different.” And once you believe that story… You’re no longer trading. You’re attached to the trade. You hesitate to exit. You move stops. You convince yourself to hold. This is the trap most day traders fall into. Not because they’re stupid. But because discretionary trading constantly feeds the illusion of certainty. The market isn’t certain. It’s probabilistic. Every trade is just one outcome in a long series. Nothing more. Nothing less. This is why mechanical systems change everything. No stories. No interpretation. No “this one looks better.” Every trade is the same. Same rules. Same process. Same execution. Just data. Just probabilities. And when trading becomes process instead of prediction… You remove the biggest threat to your results. Yourself.

@SimonPB Seems you did a "Cramer" with your call on Stock Watch recently.😃

Gold weekly chart taking pain