In September, Bradley Lund won the Wannabe iTrader competition on Sanlam iTrade Online’s LinkedIn company page. That earned him the opportunity to trade with R10,000 of our money for a month and then keep all of it, the R10,000 plus profits minus losses. We asked him to blog about his experience along the way and
My month of trading on the JSE with Sanlam iTrade Online’s money is over. This last week has been pretty good! I had some cash to invest so bought shares in Compagnie Financire Richemont (CFR) and Woolworths (WHL) both of which I thought should be on the up, 160 shares in CFR and 200 in
Here’s his account of his past week trading the JSE with our R10,000.00 The JSE all share and top 40 indexes are continuing their upward trend. It has been quite a nice week for many because of this. The market is hopefully on the way back up to where it was a month or two
Another week of trading and after the big downturn in the JSE the week before, it was time to find some perhaps undervalued shares and go long, hoping that the market wouldn’t continue its negative trend. This week of online trading has been better thus far, with the three shares I have at the moment all moving
This last week has been quite interesting! The market is a fickle beast, trying to coax it into playing nice is quite a mission. The Top40 index has fallen around 3000 points in the last three weeks, not cool! I was standing on short shares in the Satrix Resi portfolio. I had been holding these
On Wednesday, the R10,000 was deposited into my Sanlam iTrade Online account and trading could commence! I was still a bit unsure of what to do and how to do it, so I bided my time as I trawled through some companies share charts. My plan: I will want to mainly to invest through CFD’s.
The first step I took once becoming the second Wannabe iTrader, was to tell some friends, and ask them for any top tips or vital information I might need. I soon discovered that they were mostly as clueless as I was. I would have to turn to the internet. When in doubt, ask Google, right?
We have a second Wannabe iTrader, Bradley Lund, who will be trading with our R10,000 for the month of October! He’s been busy getting all his paper work in order to start trading and this is his experience so far: After following the last Wannabe iTrader’s blog posts about his day trading experience, I was
We gave Pieter Kriel, our first Wannabe iTrader, R10,000 of our money to try his hand at being a day-trader for a week. He was nervous and excited and VERY quiet during the trading week. We catch up with him to find out how it went, how much money he made or lost, and what
Pieter Kriel, our Wannabe iTrader reflects on his first day of trading: With not much happening on the local and international news front this week, I expected a quiet day on the JSE with lots of directionless movement. Only major Top 40 movement for the day came in the form of African Bank (JSE:ABL), whose