Wednesday, 29 December 2010

First Foray into Trading and Seminars

Credit: Reuters


My first investment into shares was on 27th of January 2010. For the year 2010 I have made a 36.19% Return on Investment so far.

1st Trade - Initiated and closed over a few months

Bought 908 of Barclays PLC - Ord 25 / at £2.73
Sold 908 of Barclays PLC - Ord 25 / at £3.60
Profit £813.79 (inclusive of Stamp Duty and Commission)

I traded at my own risk and taught myself the markets. I didn't rely on seminars by self-righteous Trading Gurus. Anton Kriel of BBC's Million Dollar Traders fame is offering 2 day seminars on trading which can apparently turn you into a 'lean, mean trading machine'. The cost to attend is more than £2000.

In my experience trading is about strong research, trusting yourself and cutting your losses, and these elements are best self-taught.

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