Forex traders are often in the spotlight, but there are a select few who have achieved stardom and are known internationally. These top forex traders in the world offer guidance to forex traders at the start of their trading careers. These famous traders all share an unshakable sense of confidence that guides their financial performance. Below we will profile seven of these best forex traders to follow. One thing is common in all of these successful traders. that is they are soft-spoken, kind-hearted but super confident.
George Soros is a Hungarian-American investor, businessman, philanthropist, and author. He’s one of the world’s most successful investors with a net worth of over $25 billion.
He rose to the global limelight in 1992. In that year George, alone, broke the Bank of England, netting a profit of $1 billion after shorting GBP by 10 billion pounds. On Sept 16th, 1992, The U.K withdrew from ERM because they could not maintain their currency at .7% above the German Deutsche Mark due to Soros’ trade.
Sept 16th, 1992 is remembered as Black Wednesday, still today’s date. This unbelievable trade is just one highlight out of his career that cemented him for being on top traders ever!
Do you know Who is the highest-paid successful forex trader? If you guess George Soros then you are right.
Stanley Druckenmiller was a forex trader and investor. He grew up in a middle-class suburban Philadelphia family and began his financial career at a Pittsburgh bank as a management trainee From 1989 to 2000 He worked as portfolio manager of George Soros in Quantum Fund. He wrote a book “The New Market Wizards” which was first published in 1992. This book broke many previous records and became a best-selling book. he got immense fame for this book.
In 2008 economic collapse happened. But Stanley Druckenmiller successfully survived in that averse situation. However, after that collapse, he said he will close his hedge fund due to not holding his success graph.
Andy Krieger is a Forex Trader who has been in the industry for over 30 years. He is considered one of the most successful traders, having made $300 million dollars on October 19th, 1987 when he shorted New Zealand’s dollar against 400:1 leverage! That year he was selected as “forex trader of the year”
Individual investors who frequently ask “how much do forex traders make a day?” try to find an answer from Andy Krieger’s $300 million trading game. It is only possible in the forex market. if you are experienced enough and have a risk appetite you also can make as much money as you wish. On the contrary, if you lack proper knowledge this market could eat you like a tiny burger!
He teaches his techniques to others through his website forex trading advice online, where you can find articles detailing how he goes about trading currencies and shares, as well as general advice on how to succeed in this challenging profession.
Bill Lipschutz started trading in 1979s he made $12,000 into $250,000, but the irony is that he was very poor at money management so he lost all his money. he learned a hard lesson from this event.
However, Bill Lipschutz has made millions and now spends his time teaching others how to trade. He’s been featured on CNBC, Bloomberg TV, and Fox Business News as well as other media outlets. His book “Hedge Fund Market Wizards” was a New York Times bestseller for nonfiction books. If you want to learn from one of the greats then this course is for you!
Bruce Kovner is a legend in the world for his trading skills. He was one of the first to make huge returns on currency trades and he did it all before turning 40 years old.
In 1983, forex changed forever with the founding of Caxton Alternative Management where Bruce began making huge returns on currency trades which made him one of the most successful traders in history. In 1987, Kovner founded Caxton Associates LP, a hedge fund that has averaged over 20% annualized returns since inception. As an investor, you can only dream about such results!
Paul Tudor Jones
He’s one of the best Forex traders ever and he also shorted the October 1987 market crash. Born in 1954, Jones earned a degree in Economics from the University of Virginia, in 1976. He actually started his career as a clerk on the trading floor. Turning down an opportunity to go to Harvard Business School, Tudor Jones went on to work as a commodities trader in the NYSE. In October 1987, during a time when markets were spiraling downwards, he successfully earned 62% profits by entering short positions only – ending up generating $100 million for his firm that year alone!
Michael Marcus, one of the original members who founded Commodities Corporation Company, was trained by Ed Seykota and Bruce Kovner. He was also a successful trader during the Ronald Reagan era, trading German marks worth around US$300 million.
10 Best forex traders to follow on YouTube
There are many professional traders on YouTube that provide great information to their followers. Here is a list of some best forex trading strategy channels to follow on YouTube. While there are many channels, this list is focused only on those which have a high number of subscribers and videos with consistently good ratings. These experienced traders are also considered as top forex retail traders in the world 2021
7.Sasha Evdakov: Tradersfly
5 Best forex traders to follow on Instagram
The best forex traders to follow are those who have a great following but also share valuable information. You want to make sure that the people you are following are doing this for your benefit, not theirs.
5 Best forex traders to follow on telegram
Forex is the largest financial market in the world. It’s also one of the most volatile markets, with traders making or losing large sums of money on a daily basis. One way that you can learn from these skilled traders is by following them on telegram. Here, I’ll provide some links to help you find the advanced traders to copy
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10 Best forex traders to follow on twitter 2020
Trading Forex can be extremely difficult for beginner traders. With so much information out there, it is hard to know what to do and where to start. If you are looking for some of the best traders that will help guide you on your way, then this Twitter account list is perfect for you! We have compiled a list of top forex traders 2020, that we believe are worth following on Twitter
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These currency traders were very popular last year and are also considered as top forex traders in the world 2020. Every trader I mentioned above achieves more success in 2021. so considering them as top forex traders in the world 2021 would not be wrong.
Which country has the best forex traders?
Most of the successful forex traders live in the United Kingdom. So the United Kingdom has the best forex traders in the world.
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Are forex traders rich?
Do forex traders make a lot of money? That is the question on many people’s minds. The answer to that question depends on what you mean by “a lot.” If you are looking for an easy way to earn tons of cash, then trading currency markets might not be your best option.
If you want to learn how to trade in order to have more control over your finances and live a life free from worry, then this market will welcome you warmly. There are many forex traders in the world who lead decent life depending on trading. But in most cases, unsuccessful traders lose money instead of making fortune. The main reason behind this is a lack of knowledge.
But traders who acquire proper knowledge and gather live trading experience become successful and get rich soon. their hard work and patience pay off!
From Soros to Kovner, the common theme among this list of famous forex traders is that they have profited mightily from their thoughtful forex trades which are in turn fueled by self-confidence and an incredible appetite for risk. These qualities made these individuals some of history’s most successful investors
Frequently Asked Questions (FAQ)
Many believe that George Soros is the number one forex trader. However, he was number one once, but nowadays, many newcomers step forward and have taken his place. Nail fuller, Chris Capre, Akil stokes are the most voted number one forex traders in recent days.
There are many renowned female forex traders like Raghee Horner, Jennifer Fan, Nelisiwe Masango, etc. But when it comes to the best female trader, then the vote should go to Kathy Lien. She is the co-founder of BKForex.com. She started her trading career at the age of 18.
Many successful forex traders in South Africa but Paballo NKwe and Danielle are the two female traders who get fame so much for their aristocratic trading style. Can you believe that these two women are only in their 20s, but they founded the “iSelect Wealth” company even at this young age?