Petri Redelinghuys Archives - Page 2 of 3

Risk management and the rules involved

Petri Redelinghuys 27 September 2016Latest, TraderPetri

Risk management is probably the most important part of trading. I’m sure you’ve often heard that a trader can get half their trades wrong and still make money if they have adequate risk management rules in place. This is actually, believe it or not, very true. Trading is about keeping your losses small and riding ...

Keeping trading boring

Petri Redelinghuys 13 September 2016Latest, TraderPetri

Stock markets, fireworks, rollercoasters, that guy on TV almost frothing at the mouth because of some new-and-all-important-something that just happened (apparently), bungee jumping, and going down a long hill on a skateboard without any knee-pads. These things are all pretty exciting! Often we focus our attention on exciting things and being entertained, or experiencing a ...

Balance, routine and priorities

Petri Redelinghuys 30 August 2016Latest, TraderPetri

So after three months of trading from home, I have to say that I am absolutely loving it! There are times that I miss being able to trade with the collective millions of a large number of trading accounts. There are also times I feel that the paltry amount of capital I am now working ...

The path of the trader

Petri Redelinghuys 5 July 2016Latest, TraderPetri

So I was asked the other day, by someone I think is a great developing trader, for some advice. The trader’s dilemma is that he’s been at this trading thing for a few years now and is simply not making enough money. He asked if he should go out there and get a ‘normal’ job ...

Short: How to buy a car

Kristia van Heerden 27 May 2016Latest, Periscope

When the Just One Lap team gets together on a cold Saturday morning, we like to solve each other's and the world's problems. Contributor Dineo Tsamela, better known as @DeeOnMoneyZA, is in the market for a car. With three "experts" in the house, what could possibly go wrong? Simon Brown, Petri Redelinghuys and Kristia van ...

Waiting for confirmation

Petri Redelinghuys 24 May 2016Latest, TraderPetri

One of my bigger downfalls is that I have very little patience. I like to have the things that I want, instantly. I guess that is part of the human condition. Once you know you want something, you want it, what more is there to think about? Turns out, a lot really. Perhaps the product ...

Emotional trading

Petri Redelinghuys 10 May 2016Latest, TraderPetri

I find that I swing between phases of great, consistent trading and phases of, well, not so great and relatively inconsistent trading. I’ve realised that it has a lot to do with what is happening in my personal life and how these things spill over into my everyday mind set. When things are good (or ...

The traders mind set

Petri Redelinghuys 26 April 2016Latest, TraderPetri

Mind set. Something I have been thinking about a lot lately. It is said that what we believe, what we think about constantly, often becomes our reality. Thus if we spend our thoughts on the positive things that we want from life and ourselves, we are often rewarded by attaining these things in ways that ...

Visiting Wall Street

Petri Redelinghuys 29 March 2016Latest, TraderPetri

Wow… where do I start? New York is an amazing place. It has an energy that is impossible to explain. It is vast. It is unlike anything I had ever imagined. Let’s face it though, I am no tour guide and this blog is not about weird people on the subway brushing their hair in ...

Should we be trading the news?

Simon Brown 1 March 2016Latest, TraderPetri

The market is driven by traders and investors making decisions based on their unique interpretation of information. Information is the life blood of the market and is delivered in a variety of ways, most notably, the news. News can be anything from company earnings reports to a backwater website in Nigeria reporting that MTN has ...