Posted On 10 April 2017
David Paul, Financial Trader and Managing Director of VectorVest UK talks to us. David, Tell us a little about you. If you found value in watching this video, PLEASE LIKE AND SHARE so we can do more! How did you actually start to trade - I started off as a technical trader since the person who taught me trading utilised them. I started trading the financial markets purely by accident in 1981. Most people don't have the courage to add to their wiinners and keep holding losers.
He played top class rugby in London during the late 1970's. He immigrated to South Africa in 1981 and played for the then Transvaal rugby team during the 1980's. He was Head of Engineering research for Boart International, which was an Anglo group company.
In 1988 he started his own engineering company—manufacturing mining tools, which he sold in 1992. He then joined Progressive Systems College in January 1993. The latter specialised in stock market education. He took over the management of the Rivonia branch in 1996 and was invited to the board of directors in 1997. During this time he developed the Peak Performance seminar and the Forex Trading course.
He resigned as manager in 2000 and started trading the Forex market, intra-day, while lecturing for Progressive Systems and others on an ad hoc basis. He sold his share holding in Progressive Systems in January 2003.
He is a self-employed equity, futures and Forex trader and presents seminars to all levels of traders. He has developed courses and specializes in short-term trading in futures and Forex. In addition he presents a course on developing the mindset necessary to win. The futures and Forex course are taught in a live trading room and the trading methods are taught while the market under examination is up and running.
Since 1993 he has researched every possible method of consistently removing points from the actively traded markets. He has attended hundreds of mainly US based conferences and has participated in many. He has distilled a novel approach to trading markets, which are a composite of all he has been taught and discovered in the last 25 years of study. These methods have been presented and have been well received by experienced traders in both South Africa and the UK.