Insights on the Suez Canal disaster and how to manage risk when trading CM Trading founder Daniel Kibel shares his views and offers trading advice 13 April 2021 - 09:28 Sponsored Hundreds of container ships were diverted around the African coast, costing companies billions and severely affecting trade. Image: Supplied/CM Trading
What do you get when you cross fierce winds, a major water crossing and a huge cargo tanker ship? Apparently, a huge trade disaster that is costing $400m an hour to remedy.
Earlier in March, the Ever Given, a 400m supertanker, became wedged inside the Suez Canal, clogging one of the world’s busiest waterways and a vital trade artery. This had disastrous effects on Asian/Mediterranean trade and caused oil prices to spike.
With the right knowledge and discipline, anyone can start making money by trading the financial markets 05 February 2021 - 07:09 Sponsored Image: Supplied/CM Trading
Want to start trading online but not sure where to begin? CM Trading’s insightful guide will help you understand all you need to know about online trading in SA and how to trade one of the most popular financial derivatives contracts for difference (CFD).
With the right knowledge and discipline, anyone can start making money by trading the financial markets. Here’s how:
1. Choose a reputable broker
Online trading used to be the domain of a few elite institutions and firms but in 2021, there’s never been a better time for the average South African to get involved, whatever your skill level. To help you on your trading journey, your priority should be to partner with a reputable and trustworthy broker.