$65,000 in a week trading CFDs
Will Kraa recently enjoyed a stellar run trading CFDs – pulling in $65,000 in just one week. Kraa, a former teacher and avid trader for the past six years, isn’t new to the sensation of multiplying his money trading CFDs. Back in 2003 when Kraa first tried his hand at the highly leveraged derivative, he…
Should I roll my SMSF into an allocated pension?
I have a self managed super fund, I will be of pension age in 7 months. I would like to roll my super over into an allocated pension and still self managed it if possible. I would like to know the pros and cons of this move, would the fees cost about the same as…
Why do commodities traders always check the LME website?
Why do traders regularly check the London Metal Exchange (www.lme.co.uk)? Response: The London Metals Exchange (LME) has been established for over 130 years and is the world’s foremost non-ferrous metals and plastics market. Traders can obtain accurate price data, forecasts, and analysis about the futures contracts that are offered by the exchange. The LME offers…
Do you pay tax when rolling shares into a self managed super fund?
I have $100,000 worth of shares in my portfolio and I would like to roll it over into my self managed super fund. Will I pay tax on the rollover, and if so how much? When I have it in my self managed fund and I want to trade on any of these stocks, will…
Should I add to super or pay off debt?
I am a 57 yr old part time female worker working 2 days a week as a nurse. My hubby is a process worker working 38hrs week and has a second job delivering Pizza. My 3 children stay as at home with the eldest working full time this year and the twins still in 3rd…
Transition to Retirement strategy – is it tax effective?
I will be turning 55 next financial year. All I have read or heard from the commentators are it is beneficial to start a transition to retirement pension (TRP). Is it a tax effective strategy for everyone over the age of 55? Would you please give some examples where TRP is not a good tax…
Can support and resistance levels tell you where a share price is heading?
Understanding support and resistance levels can greatly assist both traders and investors. It’s all about understanding how prices tend to move. There are usually psychological barriers to prices moving beyond key levels. Support and resistance is all about understanding where those levels are and how prices are likely to move from that level. Think of…
How do you trade Australian shares after hours?
The market opens at 10:00am, and normal trading occurs until 4pm. From 4.01pm to 4.10pm, the market goes into a pre-open phase where investors may continue to enter orders into the market. The ‘Closing Single Price Auction’ (CSPA), determines the closing price of stocks each trading day and this occurs between 4.10pm and 4.11pm on…
How can I trade the AUD/USD risking the least amount possible?
A Forex deal is a contract agreed upon between the trader and the market maker (i.e. the Trading Platform). The contract is comprised of the following components: Timeframe can also be a factor but we will only focus on “Day” or “Spot” trading where deals have a lifespan of no more than one full day….
What do most forex traders do when they trade forex?
To accurately capture the information requested in this question for the foreign exchange market is difficult. This is due in part because foreign exchange is mainly traded on an over the counter basis rather than on a centralised exchange and as such, much of this information remains proprietary in nature. Also complicating this question is…
