The best traders.
This section is devoted to describing the success stories of famous traders and the strategies they used. Is it so difficult to succeed in trading? What is needed for this? The main secrets of profitable trading on the stock exchange.
Trader Gary Bielfeldt
Gary Bielfeldt went down in history as one of the most successful government bond traders, as well as the largest philanthropist in the small town of Peoria.
It is worth noting that it was not the fact of success that made him famous, but precisely how he did it.
The future guru in the field of government bond trading was born in the small town of Peoria, Illinois.
Almost nothing is known about the trader’s childhood and early life. Young Gary's father fostered his love for stock trading by teaching him how to properly manage risks when playing poker.
In one of his interviews, Bielfeldt said that even as a child he beat all his peers and even adults at poker, which allowed him to make good money.
Eric Nyman, trader and author of popular books about the stock exchange
Eric Nyman is the author of one of the most popular books in the field of investing and stock trading, namely “ The Small Encyclopedia of the Trader .”
This book captures people's minds not because of the writing talent that Nyman undoubtedly possesses, but because of the practical useful information, since its author is a practicing trader and fund manager of the largest financial company Capital Times.
Eric Nyman and the story of his success are especially close to traders from Russia, Ukraine and Belarus, since this is where Nyman gained authority and made a name for himself.
The financier was born in 1969 in the Russian city of Novosibirsk.
If we talk about his family, they went through a very difficult migration path before Naiman could be born. The fact is that Eric’s grandfather was a purebred German, who moved to Ukraine with his family in 1930 in order to realize himself and feed his family.
Trader Ken Griffin
Ken Griffin has become a world-famous figure thanks to his hedge fund, Citadel, which is worth just over $25 billion.
However, it is not the fact that Griffin is a billionaire that attracts people's attention, but the story of his formation, and it is difficult to call this story unsurprising.
The well-rounded Ken Griffin makes for a great role model, as his rise to fame is a classic example of how determination can make billions.
The future founder of Citadel was born on October 15, 1968 in the small town of Daytona Beach, which is located within the state of Florida.
However, after his birth, his parents decided to move to a more pleasant resort town called Boca Raton.
Trader Stanley Druckenmiller
Druckenmiller is one of the most successful executives on Wall Street. Today, the fortune of this trader and investor is just over four billion dollars, which allowed him to take far from the last place on the Forbes list.
Stanley Druckenmiller is the idol of ordinary traders, since he, without any prestigious education, was able to become a fund manager for George Soros and be his right hand for a long time.
The experience gained as a manager allowed Druckenmiller to move on and made him a top manager in the world.
The future investment business guru was born on June 14, 1953. Place of birth was Pittsburgh, Pennsylvania.
Trader Wales Jimmy is a great trader, but a terrible businessman
Wales Jimmy is a truly unique person. The Wikipedia he created, as well as his brilliant career as a trader, makes him a role model around the world for both webmasters and startups, as well as novice traders.
In fact, perhaps the world would never have seen Wikipedia as it is now if Wales had not made his initial capital in the stock market.
Wales is an example of a successful trader of the new generation who has converted his capital into a global Internet project.
However, Jimmy was not always what he is now, and there were also considerable obstacles on his path to becoming.
Trader John Paulson
John Paulson is a dark horse in the world of investments and hedge funds, but it was he and his fund who managed to earn the largest capital from the 2008 crisis, ahead of such market tycoons as Soros and Buffet.
After all, when the mortgage market collapsed and the inflated soap bubble burst, John earned more than 15 billion dollars. Paulson managed to make money where everyone else had lost, which gave rise to many rumors about state patronage and insider information.
However, even after the crisis, John Paulson maintained the fund’s profitability at a very high level, earning enormous amounts of money for his investors.
Many are looking for mysticism in Paulson’s life, when in fact the secret of success was determination, which allowed him to earn huge amounts of money.
Trader Victor Sperandeo
Victor Sperandeo is the most famous figure in the field of technical and graphical analysis, because thanks to his construction method he was able to forever resolve the dispute over how to choose two points to construct a trend line.
Sperandeo became a world-famous stock speculator after being interviewed in Schwager's book and after writing his own books about his approach to options trading.
However, it was not only his scientific activities that made Victor a famous figure in trading, but his long-term performance in asset management with a return of 70 percent per annum.
Also no less exciting was his success story and the life journey that the uneducated boy had to go through before he was able to conquer the top of the stock exchange world.
Trader Rick Redmont
Trader Rick Redmont has become a role model for thousands of traders and investors around the world. His skepticism and distrust of graphical analysis, his lack of perception of various figures and lines, made him famous as the main skeptic of the most common approach to market analysis at that time.
Despite his distrust of graphical analysis, Redmont managed to build his own trading strategy and achieve unprecedented heights in trading options and stocks.
First exchange experience
According to Rick's recollections, he got his first trading experience as a teenager, when he was in college. He purchased his first shares back in 1961 during the era of the reign of the bulls.
Alexander Elder – trading legend
Alexander Elder is an inspiration to millions of traders around the world. His books and seminars fell in love with the hearts of many stock speculators, and what’s more, many, thanks to Elder, learned about the stock exchange world.
Alexander promotes trading on the stock exchange, because he believes this is the only place where almost everyone can become a financially independent person.
His lectures allowed thousands of bankrupt traders to rise, because they were able not only to realize their mistakes, but also to work on them.
When asked why a successful trader travels around the world giving lectures, and does not sit wrapped in a blanket skimming the cream from the market in silence, Elder confidently asserts that this allows him not to degrade, and he is also pleased to hear praise addressed to him.
Indeed, not every trader can tell himself every week that he needs to take the right approach to risk and keep a diary, but a lecturer who repeats this day after day clearly adheres to these rules.
Trader Thomas Rowe Price
Thomas Rowe Price is the creator of the financial giant T. Rowe Price Associates, which operates successfully even after the death of its creator.
Thomas Rowe Price's company has brought and continues to generate income for millions of investors around the world, and Price himself has become a role model for thousands of novice investors.
It was the life path of an unknown chemist who was able to create a major Hedge fund without any specialized education, it simply cannot but surprise. It is with the biography and success story of this amazing person that you will get acquainted in this article.
Thomas Rowe Price was born back in 1898 in the Maryland town of Glyndon. Almost nothing is known about the family and childhood of this great man.
The only reliable fact is that the family did not belong to the rich class, since his father, being the main breadwinner of the family, worked as a paramedic in one of the surrounding villages.
It was the father who influenced his son’s further choice of profession. After graduating from high school, Thomas chose to study as a chemist, so he entered Swarthmore College and successfully graduated.
Trader Gary Smith - Start with One Stock
Gary Smith has become a very famous person in the trading world thanks to his book entitled How I Play and Win on the Stock Exchange. His biography is radically different from the template success stories, because he fought his right to wealth from fate for 20 years.
Unlike many, he did not seek to create his own hedge fund or large investment company, but his goal was to get rich and be as independent as possible from anyone.
This is why Gary Smith’s name cannot be found on the list of top asset managers, but he has become an excellent example of self-realization as a private independent trader.
Love for easy money
Gary Smith knew from childhood what he wanted to become and persistently pursued his goal. He began to show his love for easy and quick money back in high school, when his class went on an excursion.