See who is Dealing?

[shooter69]

Is there a place(website) where I could see daily who is dealing and what amount of shares on the JSE?

I think seeing the trends of the big names like Christo Wiese could help with selecting shares to invest in.

Just a thought...

 

[srothman]

With most OST accounts you can see volumes and the sell/buy price, but I doubt they will attach identities to it, protection of personal information and all.

 

[shooter69]

With most OST accounts you can see volumes and the sell/buy price, but I doubt they will attach identities to it, protection of personal information and all.

After some research I actually found something close enough.
http://www.moneyweb.co.za/moneyweb-sens

 

[noob_saibot]

After some research I actually found something close enough.
http://www.moneyweb.co.za/moneyweb-sens

This is not what you're looking for.

SENS data is obligatory disclosures that company executives must make when dealing in company shares.

So for example, the CEO of Pick and Pay must disclose when he purchases shares in Pick and Pay, as this is obligatory. If he doesn't, he will be guilty of insider trading and there is probably some stiff penalties.

Although this could work in your favour, if the market moves according to what executives do, they could use this tactic to "drive up" prices (when people assume that the CEO is buying, so we should too) and then on a random day, he will dump the stock and make his gains purely by the fact that everyone else believed the price will go up because the CEO bought shares.

Generally, I wouldn't recommend following a market-maker (eg. a guy like Warren Buffett). People who do this, don't tend to get the same returns as the actual market-maker (a good example was when Buffett gave Goldman a US$5 billion loan and was collecting 10% interest on that amount annually. Anybody buying GS shares at that time would likely not be getting as great a performance as they could after the loan was settled).

 

[buyeye]

As an average Joe I think if you wanted to use the Financial boffins you should get a unit trust. For the rest of us its about having patience.

When you see a double digit gain in your portfolio that might be a good time to sell.

 

[shooter69]

As an average Joe I think if you wanted to use the Financial boffins you should get a unit trust. For the rest of us its about having patience.

When you see a double digit gain in your portfolio that might be a good time to sell.

I was looking for something exactly like this http://www.ibillionaire.me/ - This do help follow the trends of the "Market Makers".

Also, I am not in the buying then selling game. I focus on long term investments.
Second, before I put my money into Unit trusts, I would rather buy ETFs.

 

[srothman]

Also, if you're looking for something more dynamic, have a look at copy trading. I made a good couple of grand on eToro, for example.

 

[czc]

Also, if you're looking for something more dynamic, have a look at copy trading. I made a good couple of grand on eToro, for example.

I wanted to suggest like eTorros copy trading but have always been suspicious of them.

 

[srothman]

I was at first, and dipped my toe in the water with the minimum $50- investment to open the account, but I soon funded it properly. I eventually closed the account, as the exercise was more academic than anything else, but I might have a look at it again somewhere down the line. There are some local copy trading companies as well, but eToro is highly regarded as being one of the best platforms for this.

 

[noob_saibot]

I was looking for something exactly like this http://www.ibillionaire.me/ - This do help follow the trends of the "Market Makers".

Also, I am not in the buying then selling game. I focus on long term investments.
Second, before I put my money into Unit trusts, I would rather buy ETFs.

Then you probably need to diversify your portfolio and carry low-risk assets too. Stocks as an asset-class is high-risk for a long-term individual holder.