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The Best Forex Traders in the World
Every field has a distinct group of elite members that can call themselves masters, forex trading is no different, and it is even more so competitive because of how fickle the top pedestal positions can be. But that doesn’t mean that one’s already in the top ranks are not good enough, it means that there is always room for better. That being one of the best forex traders in the world is something constantly achievable and it can be achieved by anyone.
Bill Lipschutz is one of the names amongst this prestigious list. Lipschutz is one of the traders whose background passion and knowledge of finance marked his path to success from the get go. He began making a name for himself while he was a student in Cornell College by investing $12000 in stocks which shortly after turned into $250,000. Even though at some point during his career Lipschutz had lost all of his money to an uncalculated shift in the market he then discovered a new window of investment and business opportunity in Forex and is now known for making over $300 million in a single year from solely trading on the forex market.
The next name in the list of the best forex traders in the world is John R. Taylor, Jr. Taylor gained his position in the rankings the other way around, his Forex course began while he was a political analyst for Chemical bank and a year into his job he was promoted to the position of forex analyst where he realised the potential laid before him in building a solid network in the sought after foreign exchange world. Taylor is now the owner of one of the top currency managing firms today, FX Concepts. His contribution to the world of forex is also noted as being a pioneer of computer – aided forex trading systems in developing forex models for more efficient online trading.
The three names that follow all intertwine with each as other as they all at some point shared the same path on the road to become the best forex traders in the world. Starting from the very top is George Soros, Soros is record breaking trader that has pulled off the unimaginable by making $1 billion dollars in just one day from a single transaction. This event is considered to be one of the greatest currency trades ever made.