How I Started Trading by Mark Walas

Posted by on Jan 28, 2014 in Featured, Learning to Trade?

How I Started Trading by Mark Walas

The first time I bought shares in a company was in 1978, in a business in the IT industry. Six months later, I sold these shares and had a profit of more than 60% on my original investment. With an experience like that, it’s hardly any wonder that I continued investing in companies to profit from share price movements.

I traded firstly in stocks and shares and then, as my confidence grew, in foreign exchange. It was most certainly exciting, Forex often moved more in a minute than a share did in a week. It also proved costly as, like many traders starting out, I made many mistakes. It looked so easy to buy and sell, and it was. The challenge was making a profit.

In fact, the main result of my early trading was a rapidly diminishing bank balance. There were no explanations of where I was going wrong. After all, the best investment you can ever make is an investment in yourself, right?

Off to some free seminars to enrol in a training programme purporting to have a “value” of thousands available today only for a fraction of the price. Oh, and by the way, you’ll have covered the cost of the programme in the first few weeks and you’ll be looking at millionaire status in a couple of years time. Here is a picture of the trader in a Maserati. Strange how it didn’t quite work out like that and I later learned that these are all of the warning symptoms for the seminar/marketing industry associated with trading.

How about being honest? Trading is not a get rich quick scheme. It will not solve your immediate financial crisis tomorrow. Trading is a practical skill, you’ll have to work at it. It will take you some time and effort to master trading. These might not be the messages you want to hear, but they are far closer to the truth.

I found that companies promising how much money you are going to make can’t deliver it without extraordinary risk. You may as well head to a casino and put all your money on a single number.

Yet amongst the smoke and mirrors, there are many good people working hard to help you succeed at trading. These are the traders that will work with you over a period of time to help you acquire and develop the necessary skills to trade successfully. I was lucky enough to meet some of them on my journey.

Through Plan B Trading, I am fortunate to work with these traders now. These traders take great pride in their work, they get a real sense of achievement from helping others and get the greatest satisfaction from the thanks they receive from their customers.

Whether you are trading now or not, let one of Plan B’s traders help you achieve your own financial goals. Our traders have years of experience in trading and trade their own funds. It’s not about being a millionaire, just about making a good income from the markets. There won’t be any false promises, just the professionalism you should expect from any business that is focused on it’s clients.

To find out more about how we can help you please get in touch here.