How SAs can make money trading stocks in volatile global markets CEO Daniel Kibel at Biz News

How SAs can make money trading stocks in volatile global markets: CM Trading CEO Daniel Kibel at Biz News

In this sponsored podcast, BizNews editor Jackie Cameron speaks to CM Trading CEO Daniel Kibel – who shares his insights on the global financial markets. Kibel speaks about how to start trading, what CM Trading has to offer, and how it compares with the competition. The trading expert also shares his thoughts on which countries, companies and industries to invest in and which ones to avoid. – Jarryd Neves


This podcast is brought to you by CM Trading, a global trading and investment broker.

I’m Jackie Cameron for BizNews. With me today is Daniel Kibel, the Chief Executive Officer of CM Trading. Daniel, it’s been exciting times for stock market traders. We’ve seen the S&P 500 hit highs and stocks like Tesla making their shareholders richer. How has all this activity played into your business? Are you seeing more people start trading for the first time?

Good morning, Jackie. It’s lovely to join you today. I think these are very interesting times in the stock market because we’ve got two opposing forces. On one level, we’ve got Covid-19 and the economies around the world which are decimated. I don’t think there’s any other term to describe it. On the other hand, what we’re seeing is the stock markets flying through the roof. You specifically mentioned Tesla. Amazon, Google, Apple and a few other ones are really leading the market. What we’re seeing, is that people are very interested in trading.

People come on board because they want to trade. It could be some of those stocks or currencies. Gold has flown through the roof. It reached all time highs of 2,050 and now it’s down to about 1,950. There has been a huge interest in gold. We’ve had oil prices go quite crazy, even if we’re looking at the South African rand, that hit all time highs about a month or two ago. Of course, it’s come right back down now. But certainly what we see is when there’s volatility in the market – as we’re seeing today – people are very interested in investing.

Where to start?
Daniel, many people start by entrusting a financial adviser with their investments on the basis that it seems to be quite complex and risky to invest in shares. But we are seeing a growing appetite amongst our audience for investing in shares globally. So how does a first time trader and global stocks, you know, somebody sitting in Johannesburg get started?

As with everything, there are positives and negatives with every point. I think going with a financial adviser with some of your money is 100% the way to go. On the other hand, I think everyone needs to be responsible for their own financial situation. Everyone should be able to invest in what they want to invest in – on stuff they understand. Now, whether that be in stocks such as Amazon or Google (as we mentioned earlier), whether it’s gold, whether it be dollar/rand, whether it be just the general indices like the Nasdaq or the S&P that you also mentioned earlier.



The way to do it is to get interested. You can go to cmtrading.com. We have numerous webinars taken by – amongst other people – Fred Razak, our chief market analyst. People can learn and understand what’s going on. On our website we have a full education pack, with videos teaching people how to use the market. On top of that, every client that comes on board receives a trading specialist, who can give them information about what’s going on in the market.

Now, of course, the final decision at CM Trading is up to the person who’s investing the money. But certainly the environment – the trading environment – where we can help you and give you information, can be provided by us. I would also recommend your person – someone sitting in Johannesburg – go online or find someone who can teach you to trade.

There are numerous high quality companies out there who offer online trading. I highly recommend that you do your reading. Don’t go to some fly by night offering you a quick fix or two day course because it really doesn’t exist. Go to someone who’s got history and who’s trained people. Go online, learn about it. This is very much a time to learn how to trade.

From beginners to the experienced
So it sounds like this isn’t an area for rank beginners then. It sounds like you’re advising people to get familiar with the terminology, markets and maybe even doing a course?



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https://www.biznews.com/sa-investing/2020/08/28/cm-trading