3 of The Best Forex Traders
In whatever field you are in or whatever interest that has captivated you, it is always great to hear about the most successful people in these fields. They can serve as inspiration and they also help show you that success is possible.
Let’s take a look at three of the best and most successful Forex traders.
First of all, we have George Soros. He started his endeavors in the financial industry in 1954 as an employee in Singer & Friedlander, a merchant bank in London.
About 15 years later, her left his employee life behind with a wealth of information and experience. He then founded the Soros Fund Management group. The group managed hedge funds.
His name reached legendary status in 1992, when he garnered 10 billion by short selling pound sterling. Going against the United Kingdom, he eventually succeeded and gained close to a billion dollars. He was actually the first person to do so and holds the record for the highest earnings in a single day.
This victory earned him the nickname “The Man Who Broke the Bank of England.”
Paul Tudor Jones
Next up we have Paul Tudor Jones. Jones gained fame because of the prediction method that he had in 1987. At the time, he was looking at the volatile fluctuations of the market, especially the interest rates.
For the firm he has, he obtained as much as 15 percent of returns in the year 2013 due to his prediction method. He is also best known due to the film TRADER: the Documentary, which showcased the 1987 incident. If you haven’t seen the film or know about the incident, we suggest you check both out.
Finally, we have Stanley Druckenmiller. His success came about due to the German Mark’s fall in 1980. With diligence, he observed the situation and understood that it was quite undervalued. He took it as a sign to proceed to purchase it.
He earned as much as 60 percent for his Quantum Fund.
These are only a few of the best Forex traders throughout history. These are only people too, which means that success can come to anyone.