Check out their performance:
Odwa Magwentshu was once a mechanical engineer and now a self-taught trader in the forex space. Understands what it takes to get started in the markets with no background experience to making profits in the markets. From a small town in the Eastern Cape to the concrete jungle where dreams are made of (Jozi), joined the GT247 team in 2016.
Published: 17 July 2017
| Entry | 1,125 |
| Direction | SHORT |
| Stop loss | 1,142 |
| Target price 1 | 1,104 |
| Target price 2 | 1,092 |
Trade was closed by stop loss.
Published: 13 July 2017
| Entry | 1,277 |
| Direction | SHORT |
| Stop loss | 1,305 |
| Target price 1 | 1,26 |
| Target price 2 | 1,24 |
Trade has not triggered. Cancel trade.
Published: 13 July 2017
| Entry | 112 |
| Direction | SHORT |
| Stop loss | 114,5 |
| Target price 1 | 108,8 |
| Target price 2 | 105,3 |
In trade, keep holding.
Paul Chakaduka is better known as Chucks – a nickname bestowed on him by friends who found his surname difficult to pronounce. Born in Harare and educated at Rhodes, Chucks thrives in fast-paced trading world of Johannesburg. Single and available, Paul is all about finding the perfect partner and perfect trade.
Published: 17 July 2017
| Entry | 1230 |
| Direction | LONG |
| Stop loss | 1216 |
| Target price 1 | 1245 |
| Target price 2 | 1250 |
Full target hit. Trade concluded.
Published: 29 June 2017
| Entry | 0,68 |
| Direction | LONG |
| Stop loss | 0,62 |
| Target price 1 | 0,8 |
The MTN/VOD spread has been lethargic, we entered the trade at a ratio of 0.68. The ratio has moved down to 0.7 this week after the release of MTN's trading update, with our target being 0.8
Dean Bakos joined GT247.com in 2017 after completing his Bachelor of Accounting with an Honors in Investment Management at UJ. A real people’s person with an inspirational zest for life. Dean has a keen awareness in politics and financial markets. Dean will always try his best to provide legendary service and hospitality to whomever he meets. If he is not at the trading desk looking for the next best opportunity you will find him with family and friends doing what he does best: Eating, drinking and enjoying life on the golf course.
Published: 14 July 2017
| Entry | 7372 |
| Direction | LONG |
| Stop loss | 6700 |
| Target price 1 | 7800 |
| Target price 2 | 8000 |
Triggered and Hit Targets as expected.
Barry Dumas has experience in the investment industry for the last 9 and a half years mostly advising clients on their investment portfolios and managing clients long term investments. He enjoys educating clients on trading / investing and technical analysis on securities. He currently holds a Wealth management qualification and is studying towards becoming a securities trader on the JSE.
Published: 05 July 2017
| Entry | 5117 |
| Direction | LONG |
| Stop loss | 4800 |
| Target price 1 | 5647 |
| Target price 2 | 0 |
Triggered entry on 12/7/2017, move stops to lock in profit at: 5283c
Published: 12 July 2017
| Entry | 1169 |
| Direction | LONG |
| Stop loss | 1100 |
| Target price 1 | 1212 |
| Target price 2 | 1275 |
Entry was triggered, and reached 1st target price on 13/7/2017
Published: 05 July 2017
| Entry | 6910 |
| Direction | LONG |
| Stop loss | 8729 |
| Target price 1 | 10801 |
| Target price 2 | 11695 |
Full target hit. Trade Concluded.
Musa Makoni studied BCom Hons in Financial Economics and Investment Management at the University of the Free State. As the youngest member of the GT247.com trading desk, he brings additional energy and fresh take on trades. Musa manages the daily GT247 blogs, bringing trade ideas for all our clients.
Published: 25 July 2017
| Entry | R137,50 |
| Direction | LONG |
| Stop loss | R133,00 |
| Target price 1 | R145,00 |
| Target price 2 | R150,00 |
Entry triggered on 25/07/2017. Mostly flat, no significant price action yet.
| Entry | 67,22 |
| Direction | LONG |
| Stop loss | R66,00 |
| Target price 1 | R69,50 |
| Target price 2 | R72,50 |
Entry was triggered on 25/07/2017, first target for taking of most profits was hit. Move stop loss to R69.00
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