Hercules CapitalJunior Trader
Feb. 2009 - Sep. 2011Port Elizabeth Area, South Africa• Instructing the execution of CFD trades
• Allocation of CFDs, by means of utilizing a formula, to the respective clients
• Daily updating of clients’ open positions and completion of reconciliations to ensure trade validity and balance in accounts
• Daily compilation of Market Review, summarizing the previous days’ movements and identifying potential trade opportunities • Researching, tracking and analysing market conditions in order to make informed decisions
• Developing strategies to maximize and streamline decision-making process
• Generating marketing ideas to increase client base
• Preparation of monthly report for each client, detailing their results
• Preparation of pre-trade log, detailing the trade strategy (eg. entry & exit points)
• Calculating potential profit/loss on open positions & agreeing MTM profit/loss to brokerage house’s daily report • Daily utilization of various trading systems (Metastock, Peregrin & Cadiz)
• Fundamental research on equity currency and bond markets
• Prepare and monitor clients positions, ensuring adequate funding
• Report trades when and as they are executed
• Ensure client accounts are FICA compliant and up to date. • Trading and researching trades for my own personal account