5 Top World Forex Traders
Maybe all this time you have wondered, if indeed forex trading really has the potential to generate huge profits, is there really a forex trader who has ever felt the sweetness of profits from forex?
The answer is: there. I am one of them. But if you ask again, have I ever felt the benefits of billions of rupiah from forex trading, for the sake of honesty I answer: not yet. But I know there are at least five people in this world who have felt it.
Here they are.
- Bill Lipschutz
Bill Lipschutz was born and raised in Farmingdale, New York. He was born in 1956. Since he was young he was known to be very intelligent, especially in the field of mathematics. He managed to obtain a BA at Cornell College in Fine Arts and later earned a Master’s degree in finance in 1982.
Young Bill really likes to read and learn anything related to stocks and money markets. When he lived at Cornell, he invested in shares of as much as $ 12,000 (twelve thousand USD), which in the next few months was doubled to around $ 250,000 (two hundred fifty thousand USD). Very rare achievements can occur in the world of trading. But shortly afterwards he immediately suffered tremendous losses until it drained away the profits he had previously obtained. A proof that even the best traders can be wrong and lose big. Then he became acquainted with forex trading .
Bill is now famous as a forex trader. He is known to be able to generate more than 300 million dollars a year only from forex transactions.
- George Soros
Soros is a man born in Budapest, Hungary on August 12, 1930. Besides being a financial and economic businessman, he is also known as a US political activist.
He graduated from the London School of Economics and managed to register his name as one of the record makers in the world of finance. He had managed to record a profit of 1 billion dollars in one trading day from just one transaction. His name was recorded as the perpetrator of the event known as Black Wednesday where the pound was in disarray and Sors managed to make a profit of 1 billion pounds, which later led to him being nicknamed “the man who broke the Bank of England” (the man who made the Bank of England bankrupt) . The Bank of England is the central bank of the United Kingdom.
His name was also mentioned when the financial crisis began to hit Southeast Asia in mid 1997. Malaysian Prime Minister at the time, Mahathir Mohamad, accused Soros of being the cause of the crisis. Even Mahathir had a chance to bring up Soros’s bloodline as a Jewish descendant and carry anti-semitism sentiments.
Soros has written many books about investment. He is also known as a philanthropist and is known to have donated up to 7 billion USD for charitable and social activities.
- John R. Taylor, Jr.
raduating from Princeton University, John began a career in the financial sector as a political analyst for Chemical Bank. Only a year in that position, he became a money market analyst for the bank and proved that he had a tremendous opportunity to build networks in the world financial markets.
John R. Taylor, Jr. is the owner of FX Concepts, a capital management company for trading on financial markets. He is also a pioneer of computer-based trading systems, developing various models for effective online forex transactions.
- Stanley Druckenmiller
Stanley was born in Pittsburgh, Pennsylvania on June 14, 1953. He began his career as a crude oil analyst for Pittsburgh National Bank. Since graduating from Bowdoin College, he has changed a lot of work. Initially, he quit PNB to establish Duquesne Capital Management in 1981, then he began working for George Soros in the Quantum Fund in 1988.
The experience of working with George Soros proved to be good for Stanley Druckenmiller , because he not only managed to get more than 30% profit in the Quantum Fund, he was also instrumental in helping Soros to gain legendary profits during Black Wednesday, an event that is highly remembered in the history of forex trading .
He returned to Duquesne in 2000 and works full time there now. He has also established a non-profit organization in the field of education.
- Andrew Krieger
Andrew Krieger was born in 1955 and graduated from the Wharton Business School at the prestigious University of Pennsylvania. He became famous when he sold the New Zealand dollar or known as “Kiwi” worth around 600 million to 1 billion USD which exceeded the circulation of the real money supply in New Zealand at that time. Andrew then managed to record a profit of 300 million USD from the transaction in 1987, when he worked at the Bankers Trust.
Andrew moved to the Soros Management Fund in 1988, then moved to Northbridge Capital Management. He is also known as a philanthropist.During the tsunami disaster in 2004, he donated 350 thousand USD to tsunami victims.