Reviewing a cracking 3 months of trade ideas
- garth039
- Apr 12, 2024
- 3 min read
By Garth Mackenzie (12 April 2024)
It’s been 3 months since the new TradersCorner.London website was officially launched and I decided to take a look back at all of the trading calls made in 2024 to date.
Those of you who know me and have followed my work for a long time will know that I’m generally humble and won’t blow my own trumpet. I know just how quickly the market can humiliate arrogance. But I can’t help being pleased with the trading calls that I’ve published so far this year.
23 actionable trading ideas
19 winners
4 losers
That’s an 83% win rate.
Why am I sharing this information with you? Because I want you to know that TradersCorner is still churning out quality analysis and sharing actionable trading ideas whenever they pop up.
Some things have changed. We’re charging in GBP now and the price has increased. That may have put some people off. But at less than R500 per month (£19.90 on a monthly auto-renew subscription), I still maintain that is excellent value for money. (£1 per day, or less than the price of a cappuccino from Tashas, and way, way less than a Cappuccino from Starbucks)
You get a Daily Desk Journal report each day with actionable trade ideas when they appear.
You get a forum to ask questions and chat with other traders.
Once a week you get an SA Watchlist of JSE stocks setting up for potential trades.
Once a week you get an International Watchlist of US stocks setting up for potential trades.
Once a month, we update our “Stocks in the Vault” long term share portfolio.
Try out a 7-day free trial to get a taste of what’s on offer.
Once you’re subscribed, there is no lock-in. You can cancel your subscription at any time.
Here’s a review of all 23 actionable trade ideas that we’ve shared with subscribers since the start of 2024, winners and losers:
9 January 2024: Harmony Gold. Buy weakness to 50dma.
4 March 2024: Harmony Gold setting up for a breakout above R120.
8 January 2024: Mondi historically stretched from 50dma. Likely to mean revert lower.
9 January 2024: Platinum shares vulnerable to weakness.
But we don’t get them all right…..
11 January 2024: Spar setting up to break above R120.00.
12 January 2024: Stor-Age setting up a wedge. Break higher coming?
23 January 2024: Naspers, stretched below 50dma. Mean reversion rally coming?
24 January 2024: Mr Price setting up for a breakout above R160.00
This one fizzled out for breakeven…
30 January 2024: Growthpoint set to play catch-up with peers?
6 February 2024: Reinet set to break higher after recent consolidation.
12 February 2024: Brent Oil setting up for a break above $84.00.
14 February 2024: AngloGold heading back down to R300? (That didn’t happen)
27 February 2024: XLE Energy ETF setting up for a breakout above $86.00.
5 March 2024: Bidvest historically slips lower after a push post March earnings. Watch for a gap close.
11 March 2024: Kumba looking vulnerable to breaking lower.
13 March 2024: Firstrand vulnerable to breaking lower through descending triangle.
14 March 2024: Brent Oil on the cusp of a breakout.
19 March 2024: Capitec. Buy weakness on flush of 50dma and reversal up.
20 March 2024: Aspen, buy dip to R205.00 as price retests breakout.
22 March: Bidcorp. Buy breakout above R460.00.
2 April 2024: Sasol finally turning. Time to buy.
4 April 2024: Platinum shares showing green shoots. Higher targets.
9 April 2024: Grindrod. Buy into weakness to 50dma after ex-dividend.
23 trading calls in 3 months.
19 winners.
4 losers.
Obviously past performance is no guarantee of future performance. But what I can guarantee is that I’ll keep looking for setups like these, and publish them for subscribers when I see them.
Happy trading
Garth Mackenzie
If you like what you see here. Try out a FREE 7-day trial to see what else is available each day.
Why is an undergraduate likely to have a bright future or what is undergraduate in advance? According to the College of Contract Management United Kingdom, an undergraduate is a college student that focuses on one or two study programs before they earn the bachelor’s degree. While the answer of why an undergraduate is likely to have a bright future is because most of the students build a strong connection during the study process, they also have the opportunity to get a placement in the field that will serve as their future professional path. In this context, the future of an undergraduate is neatly arranged and planned according to their interests and abilities. Learn more about this topic by visiting the CCMUK…
The field of facilities management services has evolved from a purely operational task into a comprehensive discipline combining; management, compliance, and sustainability. At the College of Contract Management, you will apply the phases that allow students to build competence gradually while maintaining professional commitments. The programme’s design often mirrors the complexities faced in real working environments.
The commercial management courses by the College of Contract Management can be a great way to boost your career in this field. Focusing on practical methods, their courses will prepare you for real world challenges. You will also learn to handle the contract with confidence. The flexible online format will allow you to learn while maintaining your current job.
Maintaining RICS membership involves more than technical knowledge; it includes a thorough understanding of documentation protocols. The rics assessment platform plays a central role in recording professional progress and submitting required evidence. Confidence in using this platform increases the chance of successful chartership. The College of Contract Management’s CPD offerings are tailored to support this journey.
In construction project management, solid qualifications empower professionals to handle complex contract types with confidence. Cost-Plus Contract is often used when project scope is not clearly defined, allowing adjustments as work progresses. However, it demands transparency and a strong understanding of cost control. The College of Contract Management offers programs that teach these essential skills through practical, real-world examples. Their flexible online learning makes it accessible for working individuals.