Why you should learn from the best financiers

Very often, newcomers to the exchange try to master only the basic, technical aspects of trading, believing that this is enough to become a true 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 have made a huge fortune through successful investments.

Therefore, if you want to achieve similar success, it is best to try to copy the strategy of people who have made millions in stock trading.

As a rule, the leaders of the Forbes rating are willing to share their experience in books or interviews, so finding the necessary information will not be so difficult.

How relevant is the advice of leading financiers?

It is often believed that the strategies used by the richest financiers are long outdated, and that completely different laws operate in the market now.

Indeed, Warren Buffett and George Soros are already 90 years old, and Richard Dennis is already in his eighties, meaning it's safe to say that most of the successful stock market speculators were already at the peak of their activity in the last century:

But their books and articles don't offer ready-made strategies; they help you understand the essence of trading and gain a better understanding of the laws by which market prices are formed. Therefore, their recommendations will be relevant even in 100 years.

Moreover, many financiers, despite their age, still manage investment funds independently, tracking current trends. For example, Buffett's latest investment in oil companies in February 2022 proved to be an excellent investment.

There's even a separate category of traders on the exchange who don't independently analyze the market, but simply imitate the actions of the largest hedge fund managers.

Today, there are countless books on trading , written by prominent investors themselves or based on interviews with them. Reading such books is far more beneficial than spending time on social media. Such works are incredibly motivating and allow you to recharge your batteries and recharge your batteries.

You can learn about the biographies of outstanding traders and the principles of their strategies on the page - https://time-forex.com/treyder