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how to become successful in forex

Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are5 forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.

1. Know yourself. Define your risk tolerance carefully. Understand your needs.

To profit in trading, you must make recognize the markets. To recognize the markets, you must first know and recognize yourself. The first step of gaining self-awareness is ensuring that your risk tolerance and capital allocation to forex and trading are not excessive or lacking. This means that you must carefully study and analyse your own financial goals in engaging forex trading.

2. Plan your goals. Stick to your plan.

Once you know what you want from trading, you must systematically define a timeframe and a working plan for your trading career. What constitutes failure, what would be defined as success? What is the timeframe for the trial and error process that will inevitably be an important part of your learning? How much time can you devote to trading? Do you aim at financial independence, or merely aim to generate extra income? These and similar questions must be answered before you can gain the clear vision necessary for a persistent and patient approach to trading. Also, having clear goals will make it easier to abandon the endeavour entirely in case that the risks/return analysis precludes a profitable outcome.

3. Choose your broker carefully.

While this point is often neglected by beginners, it is impossible to overemphasize the importance of the choice of broker. That a fake or unreliable broker invalidates all the gains acquired through hard work and study is obvious. But it is equally important that your expertise level, and trading goals match the details of the offer made by the broker. What kind of client profile does the forex broker aim at reaching? Does the trading software suit your expectations? How efficient is customer service? All these must be carefully scrutinized before even beginning to consider the intricacies of trading itself.

4. Pick your account type, and leverage ratio in accordance with your needs and expectations.

In continuation of the above item, it is necessary that we choose the account package that is most suited to our expectations and knowledge level. The various types of accounts offered by brokers can be confusing at first, but the general rule is that lower leverage is better. If you have a good understanding of leverage and trading in general, you can be satisfied with a standard account. If you’re a complete beginner, it is a must that you undergo a period of study and practice by the use of a mini account. In general, the lower your risk, the higher your chances, so make your choices in the most conservative way possible, especially at the beginning of your career.

5. Begin with small sums, increases the size of your account through organic gains, not by greater deposits.

One of the best tips for trading forex is to begin with small sums, and low leverage, while adding up to your account as it generates profits. There is no justification to the idea that a larger account will allow greater profits. If you can increase the size of your account through your trading choices, perfect. If not, there’s no point in keeping pumping money to an account that is burning cash like an furnace burns paper.

Bursaries for Government Departments 2018-2019

About Governmental Bursaries

There is a number of Government Departments offering bursaries to talented students in a wide variety of fields.  The aim is to aid talented individuals to reach their goals and provide the country with a stable workforce in all fields.  Bursaries are offered each year to students who are in need for a little financial help to study.

Bursaries Offered by Government Departments

Here are some of the most commonly found study fields to consider:

Candidates wanting to follow any of these fields of study will need to have the following to qualify for a bursary.  Each government department also has their own additional requirements.

  • Candidates must be a South African citizen with a valid ID Book / ID Card.
  • Candidates must be able to prove their need for financial aid.
  • Candidates must have outstanding academic records with proof of acceptance at a higher learning institute.
  • Candidates must prove that they are from a previously disadvantaged background.

With these fields of study available, the doors to South Africa and the world is open to successful students.  There are many local and international companies one could consider when looking at any of the fields accessible although candidates have to confirm ahead of time with the departments if there will be a work-back period.

They can also provide candidates the opportunity to head their own businesses if sufficient support is gained.  These bursary programs have many perks to offer in addition to giving the candidates a future to strive for.

Clicks: Graduate Traineeship Programme

We are looking to recruit twelve (12) Graduates to work within our Operations department of United Pharmaceutical Distributors (UPD). The role will be based at UPD Head Office in Johannesburg across our branches which are Cape Town, Port Elizabeth, Bloemfontein and Durban. These graduates will be reporting to the Operations Managers within the various branches.

Potential candidate will be able to gain work experience within our warehouse. The programme will be for twelve (12) months and based across our branches.

W&R SETA Graduate Programme 2016/2017

Target audience:

Graduates with completed diploma in Logistics, Operations Management, Supply Management



Completed diploma and /or degree in Logistics, Operations Management, Supply Management


Graduates should have no work experience

How To Apply

Apply Online for the Clicks: Graduate Traineeship Programme 2017

10 Great Ways to Learn Stock Trading as a New Investor

New investors taking their first steps towards learning the basics of stock trading should have access to multiple sources of quality education. Just like riding a bike, trial and error coupled with the ability to keep pressing forth will eventually lead to success.

One great advantage of stock trading lies in the fact that the game itself lasts a lifetime. Investors have years to develop and hone their skills. Strategies used twenty years ago are still utilized today. The game is always in full force.

So for new investors wanting to take their first steps, I offer 10 great answers to the simple question, “How do I get started?”

1. Open a stock broker account
Find a good online stock broker and open an account. Become familiarized with the layout and to take advantage of the free trading tools and research offered to clients only. Some brokers offer virtual trading which is beneficial because you can trade with play money (see #9 below). A great tool for comparing online brokers can be found at

2. Read books
Books provide a wealth of information and are inexpensive compared to the costs of classes, seminars, and educational DVDs sold across the web. Here on the site we have a full list of 20 great stock trading books for investors to consider. My personal all-time favorite is How to Make Money in Stocks by William O’Neil, founder of CANSLIM Trading which is pictured below.

how to make money in stocks cover

3. Read articles
Articles are a fantastic resource for education. Our free Stock Education page here on lists over 100 unique investment articles broken down into categories. Recommended websites for investment education are and of course Google search.

4. Find a mentor
A mentor could be a family member, a friend, a past or current professor, co-worker, or any individual that has a fundamental understanding of the stock market. A good mentor is willing to answer questions, provide help, recommend useful resources, and keep spirits up when the market gets tough. All successful investors of the past and present have had mentors during their early days.

Forums can be another source for question and answer. Two recommendations include Elite Trader and Trade2Win. Just be careful of who you listen to. The vast majority of participants are not professional traders, let alone profitable traders. Heed advice from forums with a heavy dose of salt and do not, under any circumstance, follow trade recommendations.

5. Study the greats
Learning about the greatest investors of years past will provide perspective, inspiration, and appreciation for the game which is the stock market. Greats include Warren Buffett, Jesse Livermore, George Soros, Benjamin Graham, Peter Lynch, John Templeton and Paul Tudor Jones, among others. One of my favorite book series is the Market Wizards by Jack Schwager.

6. Read and follow the market
News sites such as Yahoo Finance and Google Finance serve as a great resource for new investors. For in depth coverage, look no further than the Wall Street Journal and Bloomberg. By monitoring the markets each day and reading headline stories investors can expose themselves to trends, 3rd party analysis, not to mention economic concepts and general business. Pulling quotes and observing fundamental data can also serve as another good source of exposure.

TV is another way to monitor the market each day with CNBC being the most popular channel. Even turning on CNBC for 15 minutes a day will broaden an investor’s knowledge base. Don’t let the lingo or the style of news be a nuisance, just simply watch and allow the commentators, interviews, and discussions to soak in. Beware though, over time you may find that a lot of the investing shows on TV are more of a distraction and are overall full of junk recommendations. This is a natural evolution; you are not alone!

7. Consider paid subscriptions
Paying for research and analysis can be both educational and useful. Some investors may find watching or observing market professionals to be more beneficial than trying to apply newly learned lessons themselves. There are a slew of paid subscription sites available across the web, the key is in finding the right ones for you. View a list of the services I use use myself. Two well-respected services include and Morningstar.

IMPORTANT – Be careful. Many paid subscriptions come from independent traders and services that claim to have fantastic returns and can “teach” you how to be successful. 99% of them are a scam and come with higher prices of $99 – $149 per month, or more. See, 10 Things I Wish I Knew About Trading Before I Got Started.

8. Go to seminars, take classes
Seminars can provide valuable insight into the overall market and specific investment types. Most seminars will focus on one specific aspect of the market and how the speaker has found success utilizing their own strategies over the years. Examples include Dan Zanger and Mark Minervini. Not all seminars have be paid for either. Some seminars are provided free which can be a beneficial experience, just be conscious of the sales pitch that will almost always come at the end.

When it comes to classes, these are typically pricey, but like seminars, can also be very beneficial. Will O’Neil workshps, Investools, Online Trading Academy, and Bulls On Wall Street provide a variety of courses on investing and trading.

IMPORTANT – Like paid subscriptions, be careful with classes and courses. Most are easily over $1,000 and are sold with false promises to acquiring valuable knowledge. Their fantastic sales funnels will suck you in, take your money, excite you during the course, then leave you with a strategy that wasn’t even profitable to begin with. See, 10 Things I Wish I Knew About Trading Before I Got Started.

9. Buy your first stock or practice trading through a simulator
With your online broker account setup, the best way to get started it to simply take the plunge and make your first trade. Don’t be afraid to start small, even 1, 10, or 20 shares will serve its purpose of getting you in the game.

If trading with real capital is not possible initially, consider using a stock simulator for virtual trading. A variety of online brokers offer virtual trading for practicing.

One of the most common mistakes traders make is to go all-in and try to score big with a full portfolio position out of the gate. This is an often painful mistake and why many new investors suffer big losses early on. Proper portfolio allocation is extremely important. For more tips of wisdom, see my article, 60 Stock Tips for Investment Success.

10. Passive Index and follow Warren Buffett

For the majority, trading will be losing proposition. Warren Buffett, the greatest investor of all-time, recommends individual investors simply passive index instead of trying to beat the market trading on their own.

Interested to see what stocks Warren Buffett recommends for your portfolio? Check out our guide, How to Build a Warren Buffett Portfolio.

opportunity to become a Train Driver assistant at Transnet

Looking for an opportunity to become a Train Driver assistant? Transnet has a Traineeship opport

Looking for an opportunity to become a Train Driver assistant? Transnet has a Traineeship opportunity.

Closing date is on 31.01.2017

This Transnet opportunity is to assist the Train Driver in the movement of the train, shunt the train and to convey information to the client centre en route to enhance the safe, fast movement of commodities.

Qualifications & Experience :

•Grade 12 with Maths
•At least 1,6 meters tall
•Visual acuity
•Physically able to lift and carry objects (be prepared to be subjected to assessment of physical abilities)

Competencies :

•Applicants must have the potential and attributes necessary to be trained to efficiently and safely perform the tasks of a Train Assistant and to be trained as a Train Driver. Applicants must however possess the following :
•Psycho motor
•Depth perception
•Communication (reading, written and verbal)

Behavioural Attributes

•Safety conscious
•Environmental awareness
•Prepared to work overtime
•Prepared to work shifts


a) Be prepared to work irregular hours and in adverse conditions

(b) Successful applicants will be required to enter into an agreement to work in the functional hierarchy in which they are appointed for a period of at least 3 years on successful completion of their training

(c) This is a Safety Related and/or Safety Critical Job Free medical care for employees, good Salary, All updated resumes,Good luck! as you take steps to the right path in building your career.Physically fit How to apply Applicants that are interested in applying for the advertised position must apply by faxing their Curriculum Vitae (CV) to Fax :086 445 6554

DTI: Internship Programme 2017

The Department of Trade and Industry invites graduates to apply for internship opportunities for a period of 12 months commencing 01 April 201 7 to 31 March 2018 in the following fields of study:

CCRD Socio Economic Impact and Assessment [x1]Development Economics

Ref No: LC01

CCRD Institutional Management [x1]Public Management / Law

Ref No: LC02

CCRD Market Research and Trend Analysis [x1]Economics / Business

Ref No: LC03

CCRD Stakeholder Relations [x1]Communications, Public Relations, Journalism / Marketing

Ref No: LC04

CCRD Operational Management [x1]H uman R esource M anagement

Ref No: LC05

GSSSD Office of the Chief Director: HR&Ref No: LC [x1]

Public / Business Administration

Ref No: LC06

GSSSD Recruitment Operations [x1]H uman R esource M anagement

Ref No: LC07

GSSSD Employment Relations [x1]H uman R esource M anagement / Labour Law / LLB

Ref No: LC08

GSSSD Talent and performance Management [x2]

Human Resource Management / Development related

Ref No: LC09

GSSSD Human Resource Development [x1]Human Resources Development

Ref No: LC10

GSSSD Wellness Centre [x1]Social Science

Ref No: LC11

GSSSD Office of the Chief Information Officer [x4]


Ref No: LC12

GSSSD Accommodation M anagement S ervices : Security Services [x1]Safety Management

Ref No: LC13

IDAD Employment Creation Fund Unit [x1]Accounting / Auditing or Financial Management

Ref No: LC14

IDAD Eastern Cape Regional Office [x1]Economics

Ref No: LC15

IDAD Western Cape Regional Office [x1]Economics

Ref No: LC16

IDAD Product Development Unit [x1]Economics

Ref No: LC17

IDAD Product Development Unit [x1]Economics ( Development / General)

Ref No: LC18

IDD Agro – Processing [x2]

Agriculture / Agricultural Economics / Economics / Forestry Science

Ref No: LC19

IDD Mining Equipment [x1]Economics / Mining Engineering / Chemical Engineering / Metallurgy / Geology and Supply Chain

Ref No: LC20

IDD Up / Mid – stream oil and Gas [x1]Economics / Geology / Chemical engineering /

Ref No: LC21 Supply Chain

IDD Aerospace and Defense [x1]Economics

Ref No: LC22

IDD Industrial Policy [x2]


Ref No: LC23

IDD Divisional Management [x1]Business A dministration / Public Management

Ref No: LC24

ISA Investment Promotion [x6]


Ref No: LC25

ISA One Stop Shop (Provincial) [x2]


Ref No: LC26

ISA Special Projects [x1]Business Management / Operations / Public Administration

Ref No: LC27

ISA Finance [x1]Finance / Accounting

Ref No: LC28

ODG Strategy Management and Entity Oversight [x1]Public Administration / Management

Ref No: LC29

ODG Marketing, Communications and Stakeholder Engagement [x3]

Public Relations / Advertising / Event Management / Marketing Management

Ref No: LC30

ODG Financial Accounting: Staff Claims & Salaries [x2]

Financial Accounting

Ref No: LC31

SEZ & ET Strategy and Monitoring and stakeholder liaison [x2]

Economic Development

Ref No: LC32

SEZ & ET Program Design and Implementation [x2]


Ref No: LC33

SEZ & ET Space Affairs [x1]Office Management and Technology

Ref No: LC34

SEZ & ET Divisional management Unit [x1]Public Administration / Business Administration

Ref No: LC35

SEZ & ET Economic Infrastructure [x1]Economics

Ref No: LC36

B – BBEE Commission Legal Support and Prosecution [x1]LLB

Ref No: LC37

B – BBEE Commis sion I CT [x1]Computer science / Informatics / System Engineering / Information technology / Business Administration / Network Administration

Ref No: LC38

B – BBEE Commission Case management and Administration [x1]Public Administration / Law / Business Administration / Records Management

Ref No: LC39

B – BBEE Commission Investigations and Enforcement [x3]

Public Administration / Business Administration

Ref No: LC40

B – BBEE Commission Advocacy , Education and Awareness Development [x3]

Public Administration / Business Administration / Education / Law

Ref No: LC41

B – BBEE Commission HRM [x1]HRM / Social Science / Industrial Psychology / Public Administration

Ref No: LC42

TISA Export marketing : National Pavilions [x1]Business Administration / Management / Economics

Ref No: LC43

TISA Export Marketing: EMIA [x1]Accounting / Business Administration / Economics

Ref No: LC44

TISA Export Promotion North America [x1]Economics / Business Economics

Ref No: LC45

TISA Export Promotion – Europe Desk [x1]Economics / International Trade

Ref No: LC46

TISA Export Promotion – South America [x1]Economics / International Relations

Ref No: LC47

TISA Expert Promotion: Asia Desk [x1]Economics / International Trade

Ref No: LC48

TISA Export Promotion: Services Desk [x1]Economics

Ref No: LC49

TISA Export Promotion – Regional Desks 2

Economics / Marketing / Interna tional Relations

Ref No: LC50

TISA International Operations [x1]Research / Information

Ref No: LC51

TISA Operations: Business Intelligence [x1]IT / Information Systems (Data Mining)

Ref No: LC52

Divisions: CCRD – Consumer and Corporate Regulation Division GSSSD – Group Systems and Support Services (Corporate Services) IDAD – Incentive Development and Administration Division IDD – Industrial Development Division ODG – Office of the Director – General SEZ&ET – Special Economic Zones and Economic Transformation TISA – Trade and Investment South Africa ISA – Investment South Africa

Applications are invited from unemployed South African citizens aged between 18 and 35 years who have completed a minimum of N6 / National Diploma or B degree in the relevant fields as indicated above
Interns will receive monthly stipend of R6 000.00 in acc ordance with their highest qualification at the time of appointment
Applicants who have already participated in any Government Internship Programme will not be considered and if it is found that this was the case after appointment, the contract will be ter minated with immediate effect.

Application process:

Applications must be submitted on a signed Z83 form, obtainable fro m any Public Service department and must be accompanied by a comprehensive CV and certified copies of qualification (including Matric Certificate), academic record and Identity Document
Failure to provide required documents will disqualify applicants
Applicants must clearly indicate the reference number on the Z83 form. A separate application should be submitted for each internship position applied for.
No late applications will be considered
Unless indicated otherwise, the internship opportunities are based in Pretoria
It is the applicant’s responsibility to have international qualifications evaluated by the South African Qualifications Authority (SAQA). All qualifications will be subjected to verification
Correspondence will be limited to short – listed candidates only. If you have not been contacted within two (2) months of the closing date of this advertisement, please accept that your application was unsuccessful
The Department of Trade and Industry is committed to the achievement of and maintenance of diversity and equity in employment, especially of race, gender and disability.

How To Apply

Applications can be submitted:

By post to the Registry Office, The Department of Trade and Industry, Private Bag x84, Pretoria, 0001;
Hand – delivered to the dti Campus, co rner of Meintjies and Robert Sobukwe Street, Sunnyside, Pretoria; or
E – mailed to (Reference must appear in subject line of e – mail).

Please direct all queries to: Nonhlanhla Sindane at 012 394 1632 or Benzi Thobane 012 394 3040

Eskom: Plant Operator Learnership Programme


Task Grade : TR0

Area of Speacialization : Operating

Department : Operating

Business Unit : Camden Power Station

Location : South Africa

Reference Number : 5000356529TJM

Minimum Requirements


 Grade12 with Physical Science and Mathematics
 Languages include English as a second language

Skills and Competencies

 Ability to apply Maths and Science knowledge
 Good understanding of thermodynamics

Key Responsibilities

​“If you have not been contacted within 28 days after the closing date of this advertisement, please accept that your application was unsuccessful.”

How To Apply

Apply Online for the Eskom: Plant Operator Learnership Programme 2017
“Eskom is committed to equality, employment equity, and diversity. In accordance with the employment equity plan of Eskom and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups. Eskom reserves the right not to make an appointment to the posts as advertised. Candidates with disabilities are encouraged to apply for positions.”

Rand Water Bursary Scholarship Program 2017 – 2018

With the mission to support talented youth of South African with excellent academic result, Rand Water offers their brand new  bursaries scholarship program. First thing’s first, potential applicants should know that Rand Water bursary scholarship opportunity is designed only for, (1) applicants who are permanent residents of Gauteng or Mpumalanga and, (2) have keen interest in water sector. Depend on the province that you apply, Rand Water external bursary scholarship program facilitates first to fourth year university students to study with ease and convenience.

If you are Gauteng applicants, you can apply Rand Water bursary scholarship 2017 – 2018, only if you are; (1) second year student who are studying BTech/Degree in information systems, business information system, town planning, and architectural studies. Not to mention second year students who aim for national diploma in mechanical/civil engineering and IT network administration (BTech/Degree), (2) first year student, it should be BTech/degree/honours in finance, and (3) third and fourth year students who are studying BTech/Degree in environmental science, land surveying, and many other more. If you are Mpumalanga applicants, ensure that you are 2nd to 3rd year students studying toward BTech/Degree in chemical engineering, electrical engineering, architectural studies, land surveying, and more.

Other things potential bursars to comply before applying, they are; (1) proof of SA citizen through identity document, (2) aged below 30 years old, (3) obtain minimum average 65% for major subjects, (4) financially in need, accepted at recognized tertiary institution, and more. You have to provide supported documents, such as, CV and application letter, qualifications, matric result, and several others. Afterward, submit your application for Rand Water bursary scholarship before October 15th to, Correspondence is only for shortlisted applicants, if you receive nothing in 30 days started from the deadline of the bursary program, it states that your application is not successful.

Nursing Learnership Programme At Gauteng Dept Of Health

Gauteng Depth of Health offers a nursing programme for qualified applicants to accelerate their skill through work-based experience. Getting access for the programme, you first need to enroll into one of these three Gauteng Nursing Colleges, which are; SG Lourens Nursing College, CMs Hani Baragwanath Nursing College, and Ann Latsky Nursing College. Now, let take a look about the other requirements, thus you can assume yourself about your chance to join the programme. As stater, you are 35 years old and Gauteng resident with as follow certificate, Senior Certificate/National Certificate Primary Health (Vocational)/National Senior Certificate .


Applying for nursing programme at Gauteng Dept of Health, these personal attributes should be part of you; love to take care of people, patience, a problem solver, good sense of humor, flexible, good organizational skill, leadership skill, stay calm regardless of the situation, computer lit, capability to build positive rapport with others, honest, strong communication skill, and some others. If you have those abovementioned requirements, shall you apply for the respective program by sending your application with pivotal documents that are requested online to, simply before you meet with the programme’s deadline.

Becoming successful applicants of a nursing programme, there some additional tests you should conduct, such as, medical surveillance, verification for the documents that you send, and medical examination. You also should agree to sign contract with Dept of Health per year you join the programme, join the lectures, works shift, work in clinics or hospitals, and various others. Looking for further information toward the programme that is proposed by Gauteng Dept of Health, you can directly send your questions to, 086042883641 (call centre), and 011 355 3847 (Ms R Naidoo). One more, if you are qualified people with disabilities, you have chance to win the opportunity to join the programme at Dept of of Health in Gauteng.

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