Ok - my advice, for what it's worth - Try installments if you want a bit of gearing. Good instruments particularly if you are starting out. Go to Simon's talk - look out for when there is one close to you. Read everything in the help and education section of this site. You must understand how warrants work - they are not just cheap shares with gearing. Open a warrant trading account separate from your share account (call SFM and they will set it up). Put an amount in there that you are prepared to lose completely (your circumstances will dictate whether this is R10k, R20k, whatever). Start trading warrants with a strict rule that you will not top up that account. See how it goes. Many people (myself included) who can read a chart and pick a share reasonably well still regularly lose money on warrants because of factors like the time-decay, wide spreads, the mental stress that the gearing brings and a host of other factors. good luck