The best traders.

This section describes the success stories of famous traders and the strategies they used. Is it really that difficult to succeed in trading? What does it take? The key secrets of profitable trading.

Edward Thorp, a mathematician who beat casinos and the stock exchange

There are numerous mathematical strategies that allow you to beat the casino or make money on the stock market. However, relatively few people can use them effectively.

Edward Thorp is one of those who not only successfully used mathematical strategies for making money but also directly developed them. He is particularly well-known among gamblers trying to beat the casino.

Thorp is also a legendary figure who has distinguished himself in various fields, especially those related to making money.

His work has resulted in a capital of almost a billion dollars, most of which was earned through stock trading.

Furthermore, Edward is not only a renowned trader but also the author of several popular books on the use of mathematical approaches in gambling and was one of the first to invent a portable computer for casino gaming.

George Soros

The stock exchange is a real place where dreams come true, sometimes even those we neverThe Story of Billionaire George Soros dreamed of. These aren't just empty words, as they represent dozens of top traders who not only became rich, but also made history as political figures, philanthropists, and, in one way or another, influenced the course of history and the development of the future.

George Soros is one of the most famous personalities, whose success story excites the minds of modern people to this day.

A renowned trader, financier, investor, political figure, and simply a philosopher at heart, all of this is not just praise, but a real, difficult path of a man that was walked with his head held high.

Despite all his achievements, Soros's life was a complex and interesting one, and the story of his ups and downs has become an excellent incentive for all renowned traders.

She teaches how to never give up no matter the mistakes and circumstances.

Andy Krieger – Forex's Best Advertisement

Most people don't want to dedicate their lives to stock trading; they simply want to make a lot of money.

Therefore, reports of someone making millions from literally a single trade are always extremely popular.

Almost everyone knows the story of George Soros , who earned a billion dollars in one day, but almost no one knows the record of another investor.

Andy Krieger earned slightly less, a full $300 million in one day of trading, a record that has earned him a place among famous traders.

Andy's biography is not particularly original: he was born in 1956, graduated from high school, and a few years later got a job at Solomon Brothers.

At that time, Solomon Brothers became the school for many future financial magnates, as the company hired people off the street and taught them stock trading.

Richard Dennis: The Story of a Boy Who Became a Millionaire

At the beginning of their journey, many famous traders faced the problem of lack of capital. trader Richard Dennis

After studying the literature and participating in stock exchange training, everyone comes to the conclusion that only a large initial capital will help ensure a rich life if positive trading results are achieved. 

Mathematically, this is true, but the story of Richard Dennis shows that determination and skill in your business, even with a small capital, can bring in millions of dollars.

Richard Dennis is of Native American descent and was born in Chicago in 1949.

Richard experienced his first taste of failure on the stock exchange in school, since at such a young age he had already started working part-time as a simple messenger on the stock exchange floor, where he was paid 40 dollars a week.

Seeing the active work of famous traders, he wanted to try his hand at this business himself, so he began to secretly trade on his meager salary.

Helena Morrissey on balancing family and a successful career

We've already discussed the recent trend of prominent female traders proving more successful than their male counterparts.

For example, a study by a prominent news agency found that in 2018, hedge funds managed by women generated twice the profits of those run by men.

Therefore, investment company owners are increasingly seeking to recruit women into asset management.

This approach is intended to fundamentally change the current situation, as only 10% of women currently hold such positions.

One of the most prominent examples of a female fund manager is Helena Morrissey.

Biography:

Helena was born in 1966 in northwest England to a family of teachers, which may have helped her excel at Bishop Luffa and later attend and graduate from Cambridge.

Larry Williams' Strategy

Like any well-known trader, Larry Williams wrote a very interesting book about his approach to financial markets, revealed some secrets of his trading strategy, and showed the world that a simple trading strategy, coupled with competent capital management, can bring simply unimaginable profits.

Many people are wary of trading textbooks, as it is increasingly the writers who write the books, not the actual trading practitioners.

That's why we increasingly see multi-page publications from various authors, but behind the ton of unnecessary information, we miss the most important thing: a truly working tool that will allow us to earn money on the stock exchange.

Larry Williams doesn't have the ability to talk the way other famous traders do; he is a rather taciturn person.

Therefore, he easily compressed all his knowledge and developments into just one book, and after years, not a single new edition has been published, which speaks to his commitment to his views and system to this day.

Michael Rubens Bloomberg, the unusual billionaire

In today's world, there are very few people willing to take unpopular measures for a good cause.

Most politicians, financial magnates, and famous traders are populists, and all their actions are aimed at boosting their own popularity.

One of the rare exceptions is Michael Rubens Bloomberg, the billionaire owner of the eponymous news agency, mayor of New York City from 2001 to 2014, and UN envoy on cities and climate change.

He has repeatedly proven his integrity and has done much good for New York and the global community as a whole.

His example proves that even rich and famous traders can be good people, as his actions were not always motivated by profit.

Mark Douglas's Principles of Successful Trading

Mark Douglas is one of the most renowned traders and authors of books on stock trading, or more specifically, its psychological aspects.

One of his works, " The Disciplined Trader, " is even featured on our website.

Mark believes that all trading is based on five core principles, the knowledge of which will allow for consistent profits.

These principles may seem difficult to grasp at first, but with time, they all become clear.

1. If there's a possibility of loss, it can be realized – considering this principle in a practical sense, we can say that the risk of loss always exists. And you shouldn't ignore the rules of capital management, no matter how profitable a trade may seem.

Benjamin Graham is not only a great theorist, but also a successful practitioner

A man who became a legend among traders, renowned traders, and investors, he developed a definitive system for evaluating stock prices and, most importantly, their future price prospects.

Benjamin was born on May 8, 1894, in England. His first surname was Grossbaum, and the future investor had Jewish roots.

Although his family was fairly wealthy and intelligent, in 1895 his parents decided to move to the United States, a decision that proved fateful for Graham.

Unfortunately, his father died a few years later, worsening the family's financial situation. His mother had to raise other people's children, opening a private boarding school.

Benjamin himself was a fairly good student, which allowed him to earn a scholarship to Columbia University after high school, where he successfully completed his studies a few years later.

The twenty-year-old's first job was as an assistant at a brokerage firm in New York City, which he preferred to a professorship at Columbia University.

Clara Fers, how to combine trading and family.

Many men believe that women have no place in the stock market, and even more are convinced that blondes are incapable of anything serious.

Clara Fers proved them wrong by not only becoming a trader but also becoming CEO of one of the world's largest exchanges.

At the same time, Clara successfully balances work with family life and exercise; currently, she only works until 12 noon.

The first half of the day is enough for her to analyze the market and decide whether to open a new trade or close an existing one.

Trading and her career didn't prevent Clara from marrying, having three children, and exercising regularly, which sets an excellent example for men who never have time for family.

How did Clara Fers manage to make a career and even start a family?

Klara was born in 1957 to German parents who immigrated to Canada before the outbreak of World War II. The family was far from poor; her father owned an aluminum manufacturing business, which brought in huge profits during the war.

Linda Bradford Raschke's Strategy Secrets

Continuing our series of articles about female traders, we can't help but mention Linda Raschke, who managed to amass a fortune of over $60 million in the stock market.

She began her career with a deposit of $25,000 under management and, thanks to a hedging strategy, managed to double her funds in three months.

Technical analysis is the foundation of her trading, using which Linda not only finds favorable market entry points but also closes positions promptly.

She prefers trades with a maximum duration of 10 days, as this is the time to capitalize on the existing trend without further temptation. Her

primary assets include S&P 500 and NASDAQ futures, currency pairs, gas and oil, metals, bonds, and even grain and meat contracts.

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