How I made 47% on the FTSE

As a financial planner I rarely advocate trading for my clients, however this strategy has worked well for me over the past 24 months.

In a non directional market such as this, the only way to make money is to trade the volatility. That entails setting buy and sell limits.

Although I spend my day looking after other peoples money I rarely have time,or inclination to look at my own (it's like the builder who never finishes his own house) - so my strategy needs to be simple and easy to manage.

Some years ago I started buying the FTSE when it fell to 5300.  It quickly recovered to 5600, so I sold.  Not long after it fell below 5300 and I bought again with the entire proceeds of the first sale.  When it went up I did the same again.

I had to use all the money a couple of years ago when we bought a house, but I started the strategy again with a smaller amount. In the past 24 months I have made over 47% in a market that has only moved sideways.

I'm not writing this to advise people to trade, but just to pass on something that worked for me.

Mark Paine
Meyado
Singapore
Www.meyado.com

Mark Paine Meyado, 19 years and counting

It's 19 years today since I passed my initial training course and signed my contract with Meyado.

On September 7th 1993 I left the UK in my old VW and headed toward Germany.  The car broke down on the slip road to the ferry at Dover, but undeterred I picked up my suitcase and boarded the ferry.

I arrived in Frankfurt in a hire car, and the rest, as they say, is history.

Of course there have been ups and downs but I still love working for the company, working with fantastic colleagues and helping many clients manage their finances.  I lived in 4 wonderful locations in Germany, Czech Republic, United Arab Emirates and now in Singapore.

I plan to stay with the company and most likely end my career here, hopefully in many years to come. I love what I do and don't intend to retire any time soon!

Mark Paine
Meyado
Singapore
www.meyado.com.sg