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 Forex Trading is not lottery, it is Business!!!


Forex Trading is not lottery,
it is Business!!!



Many people depend on luck and they compare forex market as game or lottery. I want to say them, it is a business and it is not lottery. Forex means foreign exchange. Every trader making money here by exchanging one currency by another currency. The value of currency increase or decrease on depend of economic status of the related country and it is not depend on luck.

There is need for systematic planning and developing a continuous winning strategy. Consistency and discipline will make one to emerge a winner any time. For newbies, it is difficult to see the need for consistency and discipline. But at the end it pays to exhibit these.

Professional traders all treat their trading the same way. They understand they are not trading for the love of it or for the fun of it and whilst they may enjoy trading and they may love what they do, it is not reason they enter into trades. The sole reason professional traders make any trade is to; make money.  That’s it. There is no other reason.  A professional trader does not enter a trade unless they think it is has a high probability chance of making them money.

Traders who think Forex trading is like lottery they take Forex business as a gambling platform. This is why they can not make profits in Forex. it would be always better for every traders who take Forex as a solid business. I

Professional traders see all their trades this way and they view their whole trading method with a very systematic approach. Just like any real life business must make a profit at the end of the month and year to be successful, it is no different than trading and this is how successful traders must approach their trading.


Forex is a business because in business you make money. To become successful in forex you have to learn it to equip yourself and also use the knowledge to make trade and to profit.

Far too often amateur traders are looking for the fun and joy in trading when the markets are no game and they and most definitely not a tool to be used to quell boredom. In this article below I discuss some strategies you can start using right now to start treating your trading like a business and take your trading to the next level.

We can say that again. I think the most thing that a trader should know is the fact that Forex is a place for serious minded people, not for those who want to make profit overnight and for those who think it's a haven for riches. In other to trade well, we must remove the gambler's mentality of trading in the business and face it squarely.


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SOUTH AFRICA LOTTO, Buy The Lotto, Check the Results, Win The Draw. Sa Lotto Results
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South African National Lottery, SA Lotto


From Wikipedia, the free encyclopedia



The South African National Lottery

is operated by Ithuba, to whom the licence was granted in 2015. The lottery is regulated by the National Lottery Commission, and was established in 2000.

Lottery tickets may be bought only by people of at least 18 years of age.

In the 2007 fiscal year transaction values totalled R3.972 billion, with an average of five million transactions per week. In the 2012 National lottery generated R4.7 billion in sales of Lotto and Powerball tickets.

Lotto is the most popular type of gambling in South Africa but Powerball has been the faster-growing for last years due to its high payouts.


SA LOTTO

The National lottery was introduced to South Africa on 11 March 2000. At the time it was run by Uthingo.

After a marketing effort that aimed to reach 80 percent of South African homes directly more than 800,000 tickets were sold in the first day of availability Nearly R70 million worth of tickets were sold in the first three weeks of operation.

In October 2002 operator Uthingo suggested a daily lottery to supplement the weekly draw. The concept, called Keno, was rejected by the trade and industry ministry in March 2003. In November 2003 the Lotto Plus game was launched, acting as a supplementary weekly lottery available on the purchase of a primary lottery ticket, with an entry fee of R1.

In July 2006 the Gidani consortium, featuring Greek company Intralot as a technical partner, was judged the preferred bidder to operate the lottery for seven years starting April 2007. The operating licence was awarded in October 2006. In March 2007 the Pretoria High Court set aside that award on application by incumbent Uthingo, finding that the failure to adequately investigate the shareholders in some bidding consortia left room for conflicts of interest.

Following the final draw by incumbent Uthingo, the lottery was indefinitely suspended in April 2007.

In September the operating licence was awarded to Gidani again. When ticket sales re-opened in October more than 200,000 tickets were sold within the first three hours. Gidani introduced scratch cards, but they were discontinued for several months when they lost their licence to Ithuba.

In 2015, Lotto licences were awarded to Ithuba. In 2015, 2 new games were introduced by Ithuba: EAZiWIN, an instant win game consisting of four types of indigenous inspired games; Morabaraba, Fafi Fortune, 4 Siya Wina and Popa Feela and PowerBall Plus.


9 games

operate under the South African National Lottery brand (Top Games):

LOTTO

Players buy tickets with their choice of six different numbers between 1 and 52; there is provision for random numbers to be generated automatically for those who do not wish to choose, known as 'Quick Pick'.

In the draw, six numbered balls are drawn without replacement from a set of 52 balls numbered from 1 to 52. A further Bonus Ball is also drawn, which affects only players who match five numbers.

Prizes are awarded to players who match at least three of the six drawn numbers, with prizes increasing for matching more of the drawn numbers. All players who match all six drawn numbers win equal shares of the jackpot; the chance of doing so is 1 in 20,358,520. If four, five, or six balls are matched, the relevant prize is divided equally between all who match that many balls. If no player matches all six numbers, the jackpot is added to that of the next Lotto draw—a Rollover.

The entry fee to the LOTTO draw is set at R5.00 per board.

The draw is conducted on Wednesdays and Saturdays on SABC 2 at 21:00.


LOTTO PLUS

LOTTO PLUS is exactly the same as LOTTO, but gives the player a second chance to win. When buying a LOTTO ticket, the player must pay an extra R2.50 per board to enter the LOTTO PLUS draw. Odds are the same, while prizes are usually slightly lower.

The draw is conducted on Wednesdays and Saturdays on SABC 2 at 21:00.


POWERBALL

The PowerBall jackpot draw requires players to pick five main numbers from 1 to 45 and one 'PowerBall' number from 1 to 20 for an entry fee of R5 per board. Prizes may be won by matching the main numbers, with matches of the PowerBall number winning higher prizes. The top prize of the game is won by matching all five main numbers as well as the PowerBall. Draws take place on Tuesdays and Fridays on E.tv at 21:00.

After 28 November 2015, odds were as more possibilities to win were introduced. An example of the recent additions were, if the player matched only the Powerball, he or she would win money, while before, that ticket would not win anything.

The record prize for any Lottery game in South Africa was in PowerBall at R102,016,595. This prize was won in the Free State but never collected. The highest claimed prize was also from PowerBall at R91,068,427


POWERBALL PLUS

PowerBall PLUS is exactly the same as PowerBall, but gives the player a second chance to win. When buying a PowerBall ticket, the player must pay an extra R2.50 per board to enter the PowerBall PLUS draw. Odds are the same, while prizes are usually slightly lower.

Powerball PLUS was a more recent game added by the National Lottery of South Africa and is currently the newest game. It was introduced on 28 November 2015.

Draws take place on Tuesdays and Fridays on E.tv at 21:00.


South Africa
South Africa is a nation of about 55 million (2016) people of diverse origins, cultures, languages, and religions. The last census was held in 2011. South Africa is home to an estimated 5 million illegal immigrants, including some 3 million Zimbabweans. A series of anti-immigrant riots occurred in South Africa beginning on 11 May 2008.

Statistics South Africa asks people to describe themselves in the census in terms of five racial population groups. The 2011 census figures for these groups were Black African at 79.2%, White at 8.9%, Coloured at 8.9%, Asian at 2.5%, and Other/Unspecified at 0.5%:21 The first census in South Africa in 1911 showed that whites made up 22% of the population; it declined to 16% in 1980.

South Africa hosts a sizeable refugee and asylum seeker population. According to the World Refugee Survey 2008, published by the US Committee for Refugees and Immigrants, this population numbered approximately 144,700 in 2007. Groups of refugees and asylum seekers numbering over 10,000 included people from Zimbabwe (48,400), The Democratic Republic of the Congo (24,800), and Somalia (12,900). These populations mainly lived in Johannesburg, Pretoria, Durban, Cape Town, and Port Elizabeth. Many refugees have now also started to work and live in rural areas in provinces such as Mpumalanga, KwaZulu-Natal and the Eastern Cape.!


Play responsibly!

An advise from SA LOTTO, Never play more than you can afford to lose!
Do not forget: Your chances of winning are significantly smaller than your chances to lose. Play responsibly.

Whenever you want, wherever you are, enjoy the great benefits of playing online...
We are not official agent for online purchase of The South African Lotto (SA LOTTO) and Lottery.
And Good Luck from SA LOTTO!



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