Introduction & Disclaimer

Thank you for taking the time to complete the “What’s Stopping You?” Self Assessment. Global Trader is pleased to present you with your private “What’s Stopping You?” Report.

This report aims to provide you with;

  • feedback on your basic knowledge and understanding of key investment products (Stocks, CFDs, Futures and Options)
  • feedback on how suited you are to investing online with the likes of Global Trader
  • a profile of your appetite for risk
  • insight into your personality and commentary on how it drives / effects your investment behaviour
  • guidance that hopefully addresses the factors that YOU believe are stopping YOU from taking control with Global Trader
  • based on the above we also provide
    • a suggested asset allocation / portfolio
    • recommendations for financial products we believe are suited for you (or not!)
  • commentary from our product experts
  • details of who to contact to discuss your assessment and what Global Trader can do for you NOW!

We trust that you will find this report useful and we look forward to discussing it with you!

Regards

The Global Trader Team

Please Note:
Global Trader provides this report for your convenience. Global Trader gives no warranty, express or implied, as to the accuracy, reliability and completeness of any information, formulae or recommendations provided through the use of the What’s Stopping You Self Assessment and Report. Global Trader does not accept any liability for loss or damage of any nature, which may be attributed to the reliance on and use of our What’s Stopping You Self Assessment and Report.

Investment Products Knowledge
Below is a breakdown of how you “scored” on questions related to specific investment products.

 Your ScoreYour Experience Level
Stocks100%Expert
CFD's70%Expert
Futures30%Intermediate
Options70%Expert
Your Online Experience

This is Global Trader’s view of your experience / preference to trust and make use of an online financial broker;

Your general online experience and level of trust: Highly Suited -

 

HIGHLY SUITED
  • It would appear that you have complete trust in the internet as a medium to conduct financial trading and that you have direct experience either with online trading and/or similar services. 
  • Global Trader's trading platforms and our other online offerings are highly suited to you
   

 

Your experience and comfort levels with online services relevant to investment management indicates that you are: Excellent experience and high levels of comfort -

 

EXCELLENT EXPERIENCE AND HIGH LEVELS OF COMFORT
  • You have got excellent experience with online services which support online trading. 
  • You are also very comfortable with trading online. Welcome to the new world!
   

 

Risk Appetite
By analysing all questions relating to risk, it has been determined that you have a: Above average tolerance for risk

Low
High

This risk profile demands low levels of cash liquidity coupled with aggressive diversification of capital between the equity, currency and commodity asset groups.
Trading Personality Matching

To make a successful trader it is important that you gain a deep understanding of your trader personality. Your degree of control, emotion and risk are three dimensions that blended together are most important in shaping your trading outcomes. Raising your awareness around these three dimensions will only help to unlock your full trader potential.

There is no Holy Grail when it comes to the “perfect trader personality profile” however research and experience has shown that traders who are most poorly suited to trading are those that are constantly seeking a high degree of risk and have a low degree of control coupled with a high degree of emotion. Such traders often take large gambles on impulse, and very often those impulses are driven by emotional frustrations. An example would be a trader who gets frustrated after a loss and doubles his position size on the next trade just to make the money back quickly.

Conversely experience highlights very few successful traders who constantly seek a very low degree of risk. The risk-averse trader, particularly who is high in emotion is motivated more by a fear of loss than a desire for gain. This makes it difficult to sustain meaningful position sizes during promising trades. Often such traders berate themselves for being self-defeating or sabotaging, but the reality is that they might be better suited for investing than trading.

If we were to identify the ideal trader personality profile for traders, then experience that such a trader would be risk-tolerant (moderate degree of risk), low in emotion, and high in control. Such traders are generally good at following trading rules (entries, exits, money management etc) and disciplined in their preparation. They don’t take losses personally, which gives them the perseverance to weather losing periods. When they see a good trade, they are comfortable trading in size, so that the average size of their wins exceeds that of their losses.

Ideal Global Trader Profile

Dimension Result
Risk Moderate
Emotion Low
Control High
   
Intuitively Cognitive Style Short to medium term trading
Explicit Cognitive Style Medium to long term trading

Your Global Trader Personality Results Table

Dimension (RECS) Your Result
Risk High Risk
Low
High
Emotion Moderate Emotion
Low
High
Control Moderately Positive Control
Low
High
Style Low Explicit / High Intuition
Low
High

Your Global Trader Personality Results Explained

RISK (R)

This personality trait measures a trader’s risk aversion. A risk-averse trader is someone who cannot tolerate high levels of risk; conversely a trader who can tolerate a high level of risk is someone who is not risk-averse.

High Risk

  • You enjoy stimulation and challenge. As a result you will find larger positions and longer holding periods easier to tolerate, however you may have a tendency to be impulsive in entering and exiting trades and will have difficulty trading during periods of low volatility. 
  • Position sizing is key and often overlooked as a trading variable, it is important to note that trading too small tends to bore you and not hold your focus and attention and this is required for successful trading.

 

 

EMOTION (E)

This personality trait measures the degree to which a trader has a tendency to experience negative emotions. The trader with a high degree of emotion tends to experience more emotional interference in his or her trading.

Moderate Emotion

  • This indicates that you are likely to experience some emotional interference in your trading. As a consequence you do have a tendency to become overconfident from profitable trading whilst losses may create fear and hesitation. 

 

 

CONTROL (C)

This personality trait measures the trader’s degree of self-control and perseverance. This will influence the traders trading style, structure and strategy through frequency, rule based approach and degree of research and analysis.

Moderately Positive Control

  • This indicates that you are the type of trader that can be a good rule-follower, and that you would do better trading mechanical systems. 
  • Adopting a style of trading that is more structured and detail-oriented and that is biased towards more active trading with rigid loss and profit controls will come easier to you.

 

 

 

Cognitive Style (S)

How traders process information (cognitive style) most effectively is a neglected variable in selecting proper time frames to trade. It is essential that one’s cognitive style match one’s trading methodology. Your survey results indicate that you have a

Low Explicit / High Intuition

  • You rely on gut cues and subtle and non-verbal information. 
  • This indicates that you are better suited to making shorter-term trades
  • The shorter the time frames, moving from swinging to scalping, the more suited you are, as very short-term trading is more about pattern recognition which suites your cognitive style.

 

 

 

What's Stopping You?
Based on your chosen user type as a Retail investor , there were some factors that you believed were inhibiting you from self investing and / or choosing Global Trader as your financial broker of choice. Below is a list of the “What’s Stopping You” factors relevant to you accompanied by some interesting insight from Global Trader that may change your perception of these inhibitors;

Education - I don't understand your products nor how to access deeper education to make me more effective -

So you're a retail investor, which is great news, you're already taken some giant leaps towards financial control, congratulations!

Below is a list of the available tools, courses, information and platforms to help you get started:

 

GT University – coming soon

 

South Africa's premier online learning centre for traders. We take you through the mechanics of trading, from beginner to expert. Whether you are a novice or you've already got the T-shirt, we provide you with the information you need to improve your game.

 

  
 

GT Community – coming soon

 

Join South Africa's premier online networking community. We offer registered Global Traders unprecedented opportunities to share their expertise, exchange views, and make personal contact with fellow community members. 

  

  
 

Start with virtual

 

You don't need to have any money to start trading with Global Trader - you can practice with a simulated trading account. Global Trader simulated accounts come with a dummy budget of R100,000 for you to experiment with. When you've got the hang of it, you can move on to the real thing. 

  

  
 

FREE Seminars

 

For novices, newcomers and regulars - we present our products and latest features and services, and provide a great opportunity for you to network with the community of traders in your area. Seminars are held regularly at our offices in Johannesburg, Cape Town and Durban.   We even hold road shows - since you're trading online, you could be anywhere, so we take our seminars and our sales team around the country.  

We’ve also recently launched our Trading 101 seminar, aimed at novices. If you have no understanding of the basics of what is involved, then Trading 101 is the place to start. 

 

  

  
 

If you’d like some reading:

 

Browse our electronic library or brush up on your trading vocabulary

 

  

  
 

Prefer the human touch?... Speak to us 

 

Beginner or guru, you'll love Global Trader's on-the-ground customer services. Email, phone and face-to-face, Monday to Friday, it's so easy to speak to us and get advice and help. 

  • Live chat - our consultants are on hand to offer online live help via our chat window.

Click here for live chat

 

  • Email requests - we respond within an hour

info@gt247.com

 

  • Telephone our trading desk - telephone trading and trade or market queries - we're open from 06h00am until 22h15pm (SA time). 

+27 11 214 8101 for Futures Trading  

+27 11 214 8102 for CFDs

 

  • Contact Client Relations - we help with setting up your account and all non-trading stuff - we're open 12 hrs a day, 07h00am until 19h00pm, Monday to Friday

+27 11 214 8106 

 

  • IT support - Monday to Friday, 06h00am until 24h00am

+27 11 214 8107

 

  •  Sales - Monday to Friday, 08h00am until 18h00pm

 JHB:            +27 11 214 8111 

 Durban:       +27 31 576 5092 

Cape Town: +27 21 446 2181 

Port Elizabeth: +27 41 363 4839 
 

 
Time - I have some time to invest but I don't think its enough. -

Time – I have a day job and don’t have the time to invest

 

We live in an era where time does not seem to be on our side, especially when we find ourselves with the near impossible task of trying to balance our work, home and leisure time.  Over and above this, there’s also our desire to make time for our personal goals and financial success.

We think there’s no better moment than now to start making time, so we’re here to help you along the way. 

 

 

How to make time an ally to your financial success

What is time? Does it really exist in nature or is it just an invention of man? Recently I’ve come to realize that, regardless of how we perceive time, the fact remains that we live in a society that revolves around it.

How we choose to spend each 24 hour day can determine and subsequently cause how we will use our time in the future. If we decide not to go to work today, then we could expect pending jobs at the office tomorrow. If we choose to watch television instead of working out our schedule, then we might not properly accomplish our tasks for the day ahead.

Do you perceive time as an ally or enemy?  Try to evaluate your beliefs, and discover how time relates to your life, specifically when it comes to your finances. Is time making your money grow, or is it slowly devaluating its worth?

If you want time to work on your side, then consider these practical tips on how to make it an ally to your financial success.

 

 

Manage your activities so you can accomplish more

Writing down a To Do list helps you to manage your time effectively.  By planning a schedule, you can keep track of everything you do. You can learn to lessen spending time on low-value activities, and to spend more time on achieving your personal goals.

 

 
 

The trend is your friend

I used to do day trading in the Philippine Stock Market before I became a long-term stock investor. I did this as I realized that, for me, time became my ally when I invested for the long haul. By investing in stocks with upward general trends, I am more confident that my money will grow through time. Almost all great accomplishments in history took time. Overnight success and instant wealth seldom happen in real life and if we want to achieve our financial goals, then we must be willing to be patient and make time our ally

 

 

How to make the time for your personal goals

 

“Obstacles are those frightful things you see when you take your eyes off your goal.” - Henry Ford

When we try to accomplish personal goals, we tend to put them off until tomorrow, or next week, in favor of more pressing matters at work and home. But tomorrow never arrives.

 If you want to accomplish a goal, you have to start on it today. 

 

There’s no easy answer, no single little trick I can give you to find huge blocks of time where you can pursue all the goals you’ve ever dreamed of. It takes work, it takes commitment, it takes motivation … but it can be done.

How? It’s not about one single step, but a series of them that add up over time:

 

 

 

1. Tackle one goal at a time

Often the problem is that we try to take on too many goals at once. We have a list of things we want to accomplish, spanning the spectrum from gardening to learning Italian to getting in shape. It can be overwhelming, and because of that we never start. 

Or instead, perhaps we start with a head full of steam, but then run out of steam quickly, because it’s extremely difficult to maintain focus and energy (the two key ingredients in accomplishing a goal) for too many goals at once. 

For now, focus on one goal at a time. Once that’s on autopilot, you can go to the next one. Figure on at least a month per goal. 

 

 

  
 

2. Is this something you really want?

It’s not enough to say, “It would be nice to learn French” or “It would be cool to do yoga every morning”. It has to be something you really want. 

Ask yourself why you want to achieve this goal, and how much you want it. Figure out your motivations. That’s important to do early on, or you won’t make time for it. 

 

 
 

3. Keep it simple. 

It’s important not to make your personal goal too complicated. Focus on a smaller sub-goal that will lead you to your bigger goal.

If you have a goal to invest for retirement, for example, make your first goal simply to learn what you need to know about investing. Make your second goal to open the necessary account and transfer money. Then make it your goal to have regular, automatic contributions and not to touch those contributions. 

 

 
 

4. Make it your top priority

We all have multiple things to focus on in our lives, from school or work to family to errands to various goals and commitments as well as hobbies and community activities. 

There will never be time for our one goal if we put all these focuses first.   There’s only so much time in the day.

To simplify your life,  make a short list of the 4-5 things that are most important to you, that you want to make time for, that you love and that bring you joy. Everything else is non-essential.  

Then reduce some of the non-essential commitments. By doing this, you’ll now have room in your life for the things you want to do — including your personal goal.  

 

 
 

5. Reduce your commitments.

To simplify your life,  make a short list of the 4-5 things that are most important to you, that you want to make time for, that you love and that bring you joy. Everything else is non-essential.  

Then reduce some of the non-essential commitments. By doing this, you’ll now have room in your life for the things you want to do — including your personal goal. 

 

 

6. Block off time. 

Very importantly, you must block off time to work on your goal. Whatever time works for you — first thing in the morning, lunchtime, mid-afternoon, right after work, late at night. -  a stretch of time when you won’t be interrupted by other “urgent” requests (meetings, calls, kids, etc.) and when you have good energy.   Try to make this at least 30 minutes, although an hour is much better.

There are appointments we take seriously — a doctor’s appointment, or an important meeting — and we will do everything we can to ensure that we make those appointments and are not late for them. But when it comes to our time for working on our personal goal, we will often push it back because of other pressing things. Don’t let that happen. Make that block of time on your schedule become sacrosanct, and never let it be violated. 

 

 

 

7. Make it a part of your daily or weekly routine. 

The most worthwhile goals are ones that take time to accomplish, and for those, you’ll need to make it part of your routine.

Some goals will need to be daily — say, drinking water, or exercise, or perhaps decluttering. Find a time in your routine where you will always do this activity, and don’t let yourself drop it. Put it immediately after something that’s already firmly ingrained in your routine — say, showering or arriving at work — so that you won’t forget to do it. 

For other goal activities, a weekly schedule would be better — say, making a weekly savings deposit or debt payment— put this on your calendar and have a reminder sent to you so you don’t forget it. 

 

 
 

8. Stay focused. 

It’s easy to become obsessed with something else, and when we lose focus, we suddenly stop making time for the goal. Instead, find ways to maintain that focus. 

Put a poster on your wall. Tell others about it!

 

 

 
Money - I have some money to invest but don't think its enough. -

 Anyone can trade and so can you. There is nothing mystical, magical or marvellous about trading. It's a logical, methodical process that just needs some basic knowledge to get you going. Trading should be a life skill – and you can learn it, here and now. 

 

It's for beginners

You don't have to be wealthy. At Global Trader, you only need R5,000 in your trading account to get started. And for beginners, the greatest innovation in the new world of trading is the simulated account, where you can have a virtual experience of trading without having to invest real money. Global Trader's 30-day free trial simulated account allows you a dummy amount of R100,000 to practice with. 

 

  

 ...and for experienced, private investors

Our trading desk currently manages an average of 6,000 trades per day across 1,000 instruments from Asia to the US.

  

 

...and for brokers and institutions

The world network of trading is founded on the involvement of entities that use the trading environment to raise funds for their operations. If a company wants to raise some money for expansion, it can list on a stock exchange (under certain conditions), make shares available for sale (the process is called IPO), and sell them to investors who believe in the potential and value of that company; these investors in turn sell them on at a profit to other investors who believe that this is a good deal ... and so the cycle of trading is developed.

 

 

 

 

 

 

 

You also mentioned that;
Bought house and business so money tied up there.
Recommended Portfolio
Global Trader Product Applicability & Your Readiness to Take Control
A Final Word...
Click PLAY  to listen to a recording from ,

Marc Jeffrey, thank you for taking the time to complete the “What’s Stopping You?” Assessment. We trust you found this report valuable. Thank you for continued support. We look forward to discussing the outcome of your assessment with you (please call Client Services on 27 11 214 8106 or email info@gt247.com should you wish do so right away!)