Maluleke determined to share trading skills to better the economy
Learn the skills about forex to start trading.
The Forex market is basically where banks, businesses, governments, investors and traders come to exchange and speculate on currencies.
David Maluleke the founder of Opinionated Bulls and Bears Forex Trading company, specialising in facilitating Forex Trading believes in sharing the information regarding forex trading.
The company has grown from 15 students to 50 students in just a year through training and educating people on how to trade Forex and have managed to create employment in the community.
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“The idea of training (people/investors) came about when I noticed that information on investment performance is not shared in a manner that people can understand – that it is not all about making a profit, but also about making losses too.
The lessons I impart are about managing this risk. I pride myself on giving quality information that people can use to improve their financial well-being,” said Maluleke.
“Before I registered my own company I traded for a friend and within three weeks of trading on their account, I was able to turn it into a more than 100% profit business.
This led to the friend requesting training on how to achieve high profits like I had done,” he added.
This made him realise that sharing trading skills is necessary and will have a positive impact in the community. That is when Opinionated Bulls and Bears was established.
Opinionated Bulls and Bears have 50 registered students, and is still growing.
“We have students that have shown progress in learning how to trade and have managed to realise the benefits of their education, through trading. I always tell people that one should be judged by the results of the students they teach.
“I am pleased with the progress I have made so far, and the company keeps growing every day – which brings me complete fulfilment,” He said.
“I come from a poor background, and I am the youngest of 11 siblings. I refused to let my situation define who I wanted to become. I also come from an entrepreneurial background, as my father was the owner of an upholstery company,” he added.
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Maluleke said that his entrepreneurial journey involves owning a few companies that failed.
In the process, he sold his house to finance his businesses, with the hope that one day he will be running a company that will be successful enough to enable him to buy an even bigger house.
Furthermore, he also lost money, cars, and at some point, was unemployed for over two years, and it once got to a point where he was sleeping in his car.
“This period of my life made me realise that all these experiences were preparing me to become an even better businessman one day.
“From my experiences, I can share that, for one to be a successful entrepreneur, they need to understand that risks must be taken, with the hope that one day you will make substantial profits. Trading Forex is taking risks, but the fruits are wonderfully endless,” he concluded.
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