Just How is the best forex trader

List of Forex Traders that are regarded as the top Forex traders or Made the largest profits through Forex. This list is not in any particular order but anyone mentioned will be well known in the trading world:
George Soros
"the man who broke the Bank of England" made $1.1 billion in a short trade against the cable. Soros was also convicted for insider trading for a takeover attempt of the French bank Société Générale.

Stanley Druckenmiller
Famous short position against the Deutsche Mark.

Andy Krieger
In 1987 in a short trade against the Kiwi his sell orders were said to exceed the money supply of New Zealand.

Bill Lipschutz
At the peak of his career, Lipschutz had 50% of all the currency option volume on the Philadelphia Stock Exchange and 80% of all open interest option. By 1985, Lipschutz was pulling in $300 million per year for Salomon Brothers. Lipschutz was featured in two print books about exceptional market traders. The New Market Wizards and Conversations with America’s Top Traders.

Victor Sperandeo


Wednesday, April 13, 2011

Famous George Soros Quotes:


George Soros:

"The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."

"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception."

"Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs. "

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. "

"The worse a situation becomes the less it takes to turn it around, the bigger the upside. "

"Well, you know, I was a human being before I became a businessman. "

"Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity. "

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