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.
Talented trader and manager David Einhorn
David Einhorn is currently one of the most respected hedge fund managers and the owner of Greenlight Capital, whose net worth is estimated at over $6 billion.
Einhorn is considered one of the most open managers, as he always actively comments on his transactions and pays due attention to the press, justifying his decisions.
Einhorn's word carries such enormous authority that after his statements about the weaknesses and strengths of a particular company, one can always observe a reaction from investors within minutes, which is why many shareholders of the affected companies dislike him so much.
David Einhorn himself has a vast track record, so his success story will be not only interesting but also informative.
David was born on November 20, 1968, in New Jersey. His family was fairly well-off, which later influenced his studies and career.
Trader Benjamin Graham
Benjamin Graham is one of the oldest figures in the investment business, and his contribution to the development of future investors is simply enormous.
It was Benjamin Graham who became the teacher and inspiration for millions of traders around the world, and his most successful student was Warren Buffett himself.
Graham is the author of the so-called Investor's Bible, in which Graham first separated stock market speculators from investors and also described in detail his method for selecting certain stocks.
This trader and investor's track record speaks for itself, but no less interesting is the life story of this great man, which you can learn from reading.
Benjamin Graham was born on January 8, 1894. The future investor's first home was London, but when the young man was just over a year old, his parents decided to emigrate to the United States.
Trader Gary Bielfeldt
Gary Bielfeldt went down in history as one of the most successful government bond traders and also the largest philanthropist in the small town of Peoria.
It is worth noting that it was not the fact of success itself that made him famous, but rather the way he did it.
The future guru 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. His father nurtured a love of the stock market in young Gary, teaching him how to manage risks effectively when playing poker.
In one interview, Bielfeldt said that even as a child he beat all his peers and even adults at poker, which allowed him to earn good money.
Eric Naiman, trader and author of popular books on the stock market
Eric Naiman is the author of one of the most popular books in the field of investing and stock trading, namely, " The Small Encyclopedia of a Trader ."
This book captivates people not because of his writing talent, which Naiman undoubtedly possesses, but because of its practical, useful information, as its author is a practicing trader and fund manager at Capital Times, a major financial company.
Eric Naiman and his success story are particularly relatable to traders from Russia, Ukraine, and Belarus, as it was here that Naiman gained authority and made a name for himself.
The financier was born in 1969 in the Russian city of Novosibirsk. As for his family, it had to endure a very difficult migration before Naiman was born.
Eric's grandfather was a pure-blooded German who moved to Ukraine with his family in 1930 to find self-employment and support his family.
Trader Ken Griffin
Ken Griffin has become a world-famous figure thanks to his hedge fund, Citadel, which has a capitalization of 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 development, 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 managers on Wall Street. Today, this trader and investor's net worth is just over four billion dollars, placing him high on the Forbes list.
Stanley Druckenmiller is an idol of ordinary traders, since he, without any prestigious education, was able to become the manager of George Soros's fund and be his right hand for a long time.
The experience he gained as a manager allowed Druckenmiller to move forward and made him a top manager in the world.
The future guru of the investment business was born on June 14, 1953. His place of birth was the city of Pittsburgh, Pennsylvania.
Trader Jimmy Wales is a great trader but a terrible businessman
Jimmy Wales is a truly unique individual. His Wikipedia creation and illustrious trading career make him a role model for webmasters, startup founders, and aspiring traders alike.
In fact, the world might never have seen Wikipedia as it is today if Wales had not made his initial capital in the stock market.
Wales is an example of a successful new generation trader who converted his capital into a global Internet project.
However, Jimmy was not always the man he is today, and there were also many obstacles along the way.
Trader John Paulson
John Paulson is a dark horse in the world of investing and hedge funds, but it was he and his fund that managed to make the largest capital during the 2008 crisis, outperforming such market tycoons as Soros and Buffett.
After all, when the mortgage market collapsed and the inflated bubble burst, John made over $15 billion. Paulson managed to make money where everyone else had lost, fueling numerous rumors of government patronage and insider trading.
However, even after the crisis, John Paulson maintained the fund's returns at a very high level, earning huge amounts of money for his investors.
Many people look for mysticism in Paulson's life, when in fact the secret to his success was his determination, which allowed him to earn enormous sums of money.
Trader Victor Sperandeo
Victor Sperandeo is the most famous figure in the field of technical and graphical analysis, as his method of construction was able to settle forever the debate on how to choose two points to draw a trend line.
Sperandeo became a 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 work that made Victor a famous figure in trading, but his long-term effectiveness in asset management, with a return of 70 percent per annum.
Equally fascinating 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 market world.
Trader Rick Redmont
Trader Rick Redmond became a role model for thousands of traders and investors worldwide. His skepticism and distrust of graphical analysis, as well as his lack of appreciation for various patterns and lines, made him renowned as the leading skeptic of the most common approach to market analysis at the time.
Despite his distrust of graphical analysis, Redmont managed to develop his own trading strategy and achieve unprecedented heights in options trading, as well as stocks.
First stock exchange experience
Rick recalls his first trading experience as a young college student. He purchased his first shares back in 1961, during the bull market.
Alexander Elder – a trading legend
Alexander Elder is an inspiration to millions of traders worldwide. His books and seminars have captivated the hearts of many stock market speculators, and indeed, many were introduced to the world of trading thanks to Elder.
Alexander promotes stock trading because he believes it is the only place where virtually anyone can become financially independent.
His lectures have helped thousands of ruined traders rise up, as they were able to not only recognize their mistakes, but also work on them.
When asked why a successful trader travels the world giving lectures instead of sitting huddled under a blanket, skimming the cream of the market in silence, Elder confidently asserts that it allows him to stay focused, and he also enjoys hearing praise.
It's true that not every trader can tell themselves every week that they need to approach risk correctly and keep a diary, but a lecturer who repeats this day after day clearly adheres to these rules.
