Forex trading is considered an extra-ordinary way through which a person can make money. This fantastic stream of trading can be started with minimal capital but it is very fruitful.
The market has numerous participants as compared to other markets. There is a lot of competition but if one works with marvelous devotion and dedication, he can surely make tremendous profits. There are many examples of triumphant forex traders who began with very less capital but they have been earning a lot.
Below are some examples of traders who can be a motivation for you if you are thinking of beginning your career as a forex trader. It would be wonderful if we learn from the significant attributes in them that made them gain profits and an example to the world.
Bill is an extremely dedicated person with high intellect. He says,
“Trading is a very psychological job”
This quote of Bill depicts the fact that Forex trading requires loads of devotion and excellent brains. Bill was always a fantastic grader throughout the school. His special interest in mathematics and geometry helped him a lot in trade.
After the preliminary education, Bill enrolled himself in Bachelors of Marketing at Johnson School of management. Throughout his studies, he not only focused on theoretical marketing but applied them practically and gained a lot of profit. During this period, Bill inherited $12,000. This wasn’t an obvious enough amount to compete with other forex traders but Bill applied all his techniques and managed to make around $300 million per year for his firm. This is an exceptional story of a determined forex trader.
2.Paul Tudor Jones
This exceptional forex trader belongs to America. He is considered among the top wealthiest traders in the world. His net profit was around $6 billion by September 2020. He attained a bachelor's degree in economics after which he decided to enter the practical world of trading. His extra-ordinary profits are not simply because he worked smartly but because of his fabulous attributes as well.
He made a charitable organization that is fighting poverty in New York. He is a real example to follow.
3. George Soros
George is an excellent man of knowledge. He has a deep financial education. He was a brilliant student at the London School of economics. He was so practical that he began trade even before he stepped out of his primary education. He made great profits in trade and had a net worth of around $8 billion by the end of September 2020. He is a kind-hearted man and spends loads of money on the paupers. He recently gave around $18 billion in charity.
Watch a nice youtube video by George: Imperfect Understanding is part of Human nature:
4. Stanley Druckenmiller
Stanley is a living example of an employee turning into an employer. He worked for George Soros.
He gained a lot of experience in trading and established his trading firm later. Stanley wasn’t born with a golden spoon. He worked with ultimate devotion throughout his school.
His constant determination made him an exemplary trader and he holds a net worth of around 4.7 billion US dollars.
5. Martin Schwartz
This quote of Martin perfectly depicts the theory of trading. He won several trading championships.
He has a fantastic mindset about trading. His intellect made him win the US investing championship in 1984.
He is very famous among the forex traders and the stock exchange investors in the US. This is because he made around 1.2 billion dollars through the stock exchange in 2 years only.
6. Joe Lewis
Joe became a financially independent person at the age of 15. He helped his father in his business. Joe has devoted all his life to Forex trading. Joe not only invests in Forex but in multiple companies. He is a billionaire and his firm makes billions of dollars. Joe collaborated with George Soros as well and attained huge profits.
If you are looking forward to beginning your trading careers, read about these amazing people and give a boom to your idea.