If you’re wondering how to increase your profits from trading or how to add extra percentage on your equity, you’re not alone.
First, we need to assume you’re already making profits from trading in the markets. That’s important because “how to promote trading income growth” and “how to get income from trading” are two different things. So, we’re assuming that you already have an income from trading and this income is not negative.
Luckily for you, the part about increasing income is easier than actually learning how to make money in the first place. Watch out, though. It’s easier, but not easy overall. The key to increasing profits once you have profits is scale.
To grow any business, you need to focus on scale. In business, scaling is a specific process that involves people and technology.
Not entirely so in trading where you’re trading by yourself, which means you probably won’t employ a guy to trade with you. In trading, the technology part is more scalable.
If you have a strategy that can be automated, you can learn how to code and programme a trading robot (expert adviser) that will trade for you based on the parameters you provide. But you need a suitable strategy for that.
For example, if you’re using price action, which is more of a visual trading art as opposed to a mathematical system, then writing code for a robot may not be the best option.
On the other hand, if you’re trading based on indicators and oscillators, then coding your strategy into a programme can be an interesting option. Why? Because the programme will trade when you’re sleeping or out having a good time.
If you have a strategy that can be automated, you can learn how to code and programme a trading robot that will trade for you based on the parameters you provide
Tomasz Wisniewski,
director of research and education, Axiory Intelligence
Normally, you would sit in front of the computer trading for 10 hours a day. An algorithm can trade 24/7. That’s scaling.
That’s just a side thought because I understand that not everybody is willing to learn programming to increase profits. Also, as I mentioned, sometimes your trading strategy will be impossible to code. What can you do in that case? The first tip is to expand to different markets and types of assets.
Say you have a working strategy and you’re trading on the Dubai stock exchange. You earn money on local stocks, but why don’t you move to other markets?
On trading platforms online, you have access to all major exchanges in the world. You can trade stocks directly or through contracts for differences. You can trade stocks in the US, UK or Germany.
Again, say you were trading four to five companies on the Dubai Financial Market, why not add three more from Nasdaq, one from Amsterdam and another from London? Instantly, your exposure is twice as big, meaning potentially bigger profits.
If you’re only trading stocks, why not move to other types of assets like currencies or commodities? In addition to stocks, you could trade the dollar, euro and yen. Also, gold, oil and platinum. More opportunities, more potentially winning trades.
Yet another way is to modify your risk and money management. If you’re currently very conservative and risk only 2 per cent of your capital on one trade, then maybe you can move to 3 per cent or 5 per cent. Don’t do that in every trade, but only in those you are most confident about.
Risk and money management are crucial and it’s good when you have strict rules in place, but sometimes you can adjust them to maximise profits.
Lastly, do you have a trading journal? If not, then start writing one, even if you already have some experience. Keep track of all your trades. See what worked, what didn’t and why.
Write everything down: emotions associated with training and circumstances. After making about 50 to 100 trades, analyse everything and see what factors were common in all working trades and what were similar in all losing trades.
You’ll be able to gather interesting findings, which will significantly improve your trading game. Analyse the data and search for weak and strong points. Then eliminate or limit the weak links and embrace the positive factors. Only good things can come from doing so.
Tomasz Wisniewski is director of research and education at Axiory Intelligence.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Abu Dhabi racecard
5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
57%20Seconds
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rusty%20Cundieff%0D%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EJosh%20Hutcherson%2C%20Morgan%20Freeman%2C%20Greg%20Germann%2C%20Lovie%20Simone%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
Power: 575bhp
Torque: 700Nm
Price: Dh554,000
On sale: now
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
