Acronyms, don't you hate them? All these three and four letter words that people sprout leaving one clueless as to what they actually mean? Well tonight we have Keith Mclachlan doing a webinar on WACC. "On what?" you may ask. The answer: Weighted Average Cost of Capital. Aha! So why not just say that?" Well because after the webinar not only will we be able to drop WACC into polite conversation but we will actually know what it means. So tonight (Monday) at 8pm - Cost of Equity and WACC with Keith Mclachlan, not only will it help your investing it will also impress your friends (OK  I can't promise your friends will be overly impressed, but it will help you invest better).

Then on Wednesday at 8pm we've got a webinar for traders - Gap trading the ALSI index futures. I have been trading gaps on the ALSI for years and while they may not happen every day, when they do AND they close they are a thing of beauty as they pour money into your trading account.

This past week saw a great webinar by Riette Kotze at the JSE Power Hour event in Sandton - Charting with Candles. Pretty much every trader I know at the very least uses candles on their charting but very few of us truly understand the different candle patterns, what they mean or how reliable they are. Riette covered the basics, introducing us to a number of candle formations including the engulfing candle that I also use for trading ALSI futures (and yes I will be doing a webinar on that system soon).

100 Second Tip

Need versus Want. The difference may often be subtle, but it is critically important that we understand the difference and the impact that wants can have on our finances.

The week ahead

Monday at 8pm - Cost of Equity and WACC with Keith Mclachlan

Wednesday at 8pm - Gap trading the ALSI index futures

The week that was

Charting with Candles

100 Second Tip - Need versus Want

Money tip

We need to save, everybody agrees with that. But often the ultimate goal (be it retirement, a nest egg or an exotic holiday) is so far away that the whole saving process seems pointless. The solution is the same as with any large goal - break it down into bite size chunks. Asertain much do you need to save every year, month, week, day to achieve your goal? Work out the amount per day and start a daily savings regime.

All the best

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The local All Share Index is trading some 8% off the all time high. Only 8%! Didn't it get the memo about the end of the world? It seems that investors are not half as worried about the world's economic troubles as the talking heads on TV, in print and online. An asset manager we spoke to says that adjusted for much improved earnings since the 2008 crisis and inflation since then the adjusted high for the All Share Index is around 40,000, leaving the index some 20% off the adjusted high - making more sense perhaps?

This past week we did a webinar on Gap trading the ALSI index futures, and then right on cue we got a great gap trade on Friday morning that netted an easy 100 points per contract on the ALSI futures. This is a hugely powerful trading technique and something that every ALSI futures trader must have in their trading arsenal.

In the week ahead we have Stop Loss for Investors on Wednesday at 13h00. Everybody is always talking about traders using a stop loss, but what of an investor? When do you decide the investment is not working out and pull the plug in order to protect capital and enable you to get into a winning investment?

100 Second Tip

Need versus Want. The difference may often be subtle, but it is critically important that we understand the difference and the impact that wants can have on our finances.

The week ahead

Tuesday at 1.00pm - Stop Loss for Investors on Wednesday

The week that was

Gap trading the ALSI index futures

Money tip

Keep a 30-day list. If you have an impulse to buy something that you don’t absolutely need, put it on a 30-day list. You can’t buy anything but necessities — everything else goes on the list, with the date that it’s added to the list. When the 30 days are up, you can buy what is on the list — but most likely, the strong urge to buy it will be gone, and you can evaluate it more calmly.

All the best

JustOneLap.com
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Our ALSI Gap Trading video has proved to be hugely popular, becoming the fastest rising video in the history of Just One Lap. We're especially chuffed about this as we've had a number of gaps recently, as market nerves and uncertainty makes for great gaps. So if you're trading ALSI futures make sure you have a look at the video and add another tool to your trading mix.

On Wednesday at 20h00 we have another webinar from Alwyn Burger and this time he is tackling a critical aspect of trading, Trading risk and Money management. It’s quite simple if you get your risk management and stop loss execution right; trading can become a breeze. Far too often traders think that the most important part of trading is generating the buy or sell signals, but that's not even close to the truth. What matters most is managing risk.

Last week we did a webinar on Stop loss for investors. Successful traders know all about using a stop loss, but what about investors? Even an investor needs a stop loss, but the key difference is that it is likely to not be priced based. So how does an investor know when to get out of an investment? Unfortunately there's no simple answer, but this video will help you understand what matters.

The week ahead

Wednesday at 8.00pm - Trading risk and Money managemen

The week that was

Stop loss for investors

Money tip

Set an example for your children. We want our kids to grow up to be money smart. We want them to save when they start earning and to be able to retire comfortably. But are we setting them a good example? How can we expect them to be money smart when they grow up if we as parents are not? Start engaging them in the family savings plan so that they learn both the importance of savings and also why there may be some sacrifices around the house in order to grow the savings pot.

All the best

JustOneLap.com
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A public holiday on a Saturday, what a waste for us Monday to Friday workers.

Globally the world’s markets are still in a panic mode of sorts, with the doomsayers out in force telling us about the end of the world. The short version is that the global economy is stressed and may go back in to recession; but the world is unlikely to end and if it does we have bigger problems than our trading and investments. We need to be equally as careful of people who always promise the end of the world as those promising us it's always good times.

The reality is more complicated and those who have a theory to promote will always be flogging their theory and right now the doomsayers are very quick to say, “I told you so”. But if you say something often enough and for long enough eventually you'll be right. Even a broken clock is right twice a day.

Last week we had another webinar from Alwyn Burger - this time looking at Trading Risk and Money Management. For a trader there is simple nothing more important and he brings in two critical aspects, which we have done individual webinars on: the 2% stop loss rule and the 6% trading rule. All are a must watch if you want to be a successful trader.

In the week ahead we have another JSE Power Hour on Thursday at 15h30. This time it is by Mark Weetman from Vunani Private Clients and the topic is Principles of diversification and wealth management. Being properly diversified is as important for an investor as what to buy, and he'll show you just how easy this can be, especially with all the new ETFs and ETNs we've seen launched on the JSE in recent times.

The week ahead

Thursday at 5.30pm - JSE Power Hour: Diversification and wealth

The week that was

Trading Risk and Money Management

100 Second Tip - Who's driving your bus?

Money tip

If you're not surviving on your current salary then stop waiting for a miracle and do something. It is too easy to sit back and hope something will change (like winning the lotto), but the honest truth is that you need to take charge and manage your money better. Cut out expenses, find a second income, car pool… because hope is never a strategy.

All the best

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