It’s never easy being an entrepreneur, but back in the 1980′s and 1990′s, it was even more difficult. But to build a business – Beeper City – around wireless technologies, something that was not too popular back then, and then make a success of it by selling it off for several million dollars. Now that shows courage, foresight and guts! And Neil Camenker has shown that he’s loaded with all three of those characteristics in spades.
But Neil is no “one hit wonder” either, nor did his success as an entrepreneur stop with the successful sale of his built-from-the-ground-up wireless business. Today, as the founder and CEO of of PaypointUSA, Neil’s is at the helm of a very successful and profitable organization that helps small and medium-sized enterprises (SMEs) get alternative financing to develop and grow their business operations.
Neil’s determination to succeed at whatever he does became apparent when, at a young age, he watched his dad play golf, but never formally learned how to play the game himself. Yet, later on in life he taught himself to play, and went on to win semi-professional awards by excelling at the sport. Many will say that is the true hallmark of a success story.
Neil Camenker brings the same focus, determination and patience to his work as a FOREX trader. Many of you that are in the FOREX business will know what it takes to be a success. Showing the same dedication in the markets, as he does off it, Neil has patiently developed a series of proprietary trading techniques which have been extremely successful. His trading algorithms, coupled with his uncanny ability to read the charts to precisely foresee how the markets will behave shortly, have made his technique an envy of many of his fellow FOREX traders.
Many may wonder why Neil Camenker restricts himself largely to a few currencies – the U.S. Dollar, the Euro and the Pound Sterling. Well, there’s a method to that “madness” as well. In the current economy, there is enough stability in the currency markets to put his predictive techniques to good use, while making a profit riding on the backs of volatility. Trading in his currencies of choice, Neil is able to take full advantage of current market conditions to trade successfully.
Neil carefully watches the charts during the trading day, and has a keen sense of observation to pick up signs of volume and momentum – two very important trends that any FOREX trader should be able to read in order to be successful. Success usually means nimbly jumping into action when there is sufficient volume, because the ‘big boys’ – banks and financial institutions in London – are picking up Starlings with Dollars on an upward swing of the market, or getting rid of their positions during a downswing.