Мany pеople on the intеrnet thеse days are on the quest searching for Forex millionaires. Other people just think that it is not pоssible to make such a big amount of money trading on Forex market. So whеrу is the truth? The truth is that there аre real Forex millionaires in this world. Just one example for all is George Soros. He mаde not millions but billiоns оn Fоrex market bаck in 1992. Historical Note: George Soros is a Hungarian-American business magnate, investor, and philanthropist. He is the chairman of Soros Fund Management. He...
"If you want to get rich, just find someone making lots of money and copy what he's doing." - J. Paul Getty William Eckhardt started his career in 1974, which was 4 years after his doctoral studies experience at the University of Chicago (he failed to finish his studies for a doctoral degree in math). He’s published many articles in academic journals. He took part in the Turtle Trading Experiment with Richard Dennis in which he betted against Richard. Richard said the principles used by a guru could be inculcated...
“I never blamed the market… I had to have the proper process from mentality to preparation to execution if I was going to make it.” - Anthony Crudele Thomas Rowe Price, Jr. was born in Maryland, USA. He lived from 1898 to 1983. Receiving his first degree in chemistry (Swarthmore College), he’d first-hand experience of the economic Depression, and instead of developing a great hate for the markets, he fell in love with them. Yes, he found that he preferred figures to chemicals. He began working at a...
A TASK THAT MUST BE DONE A good trading track record is a noble achievement that’s being aspired to. It’s a proof of your trading prowess – an absolute requirement that must be provided before you’re viewed as a pro, whose trading strategy is worthy of emulation or who could possibly be considered as a money manager. Maintaining a consistent track record isn’t something that’s easily achieved, particularly in the face of the vagary of the markets, but it’s absolutely possible. A typical...
“My mood is best when I execute according to my plan regardless of outcome.” – Derek Hernquist Lee Ainslie III is a trader and a self-made American billionaire who lives in Dallas, Texas. He’s happily married with kids. He got his BA at the University of Virginia and his MBA at University of North Carolina. He worked for Julian Robertson at Tiger Management. 3 years later, he began to run Sam Wyly's Maverick Capital whose initial fund totaled $38 million. Being a managing partner at Maverick Capital Ltd (...
