Why you need to learn from the best financiers
Very often, when newcomers come to the stock exchange, they try to learn only the basic, technical aspects of trading, believing that this is quite enough to become a real professional investor.
At the same time, they do not think about the fact that if someone decides to open a real business, he first studies the experience of competitors, analyzes their strategy, and only then starts his own business.
In trading, competitors worth learning from are well-known financiers who were able to make a huge fortune thanks to successful investments.
Therefore, if you want to achieve such success, it is best to try to copy the strategy of people who have made millions in stock trading.
How relevant are the advice of leading financiers?
Very often there is an opinion that the strategies used by the richest financiers have long been outdated, and now completely different laws apply in the market.
Indeed, Warren Buffett and George Soros are already 90 years old, and Richard Denis is already in his eighties, that is, we can say that most of the successful stock speculators were at the peak of their activity back in the last century:
But their books and articles do not provide ready-made strategies; they help to understand the essence of trading, to get an idea of the laws by which the market price is formed. Therefore, their recommendations will be relevant in 100 years.
In addition, many financiers, despite their age, still manage investment funds independently, monitoring current trends. For example, Buffett's latest investments in oil companies in February 2022 paid off well.
There is even a separate category of traders on the stock exchange who do not analyze the market on their own, but simply imitate the actions of managers of the largest hedge funds.
Today there are a lot of books about trading , written both by outstanding investors themselves and based on interviews taken from them; reading such literature will bring much more benefits than spending time on social networks. Such works perfectly stimulate and allow you to take on your studies and work with renewed vigor.
You can get acquainted with the biographies of outstanding traders and the principles of their strategies on the page - https://time-forex.com/treyder