Don't be selfish

Success stories for Forex traders

Thursday 21 August 2014


 We will talk in this article about some of the success stories of the traders in the market of currency trading Forex, and some people who will enter in their curricula are considered of the most people-known in the field of currency trading, so as to show the reader some sermons and lessons from these stories, we're going in the stories of some traders.


Gary Bielfeldt

Gary began his investment with a capital of only about $ 1,000 has been able to double his capital, through opportunities and reduce risk, where Gary confirms that novices should not in the market engage high-risk transactions or make use of the large financial leverages. He suggests that novice traders should start their trading with a small and slight capital risk, and the use of reasonable financial leverages, because the small capital does not bear sudden market fluctuations, and thus the likelihood of losing all it is great, especially when using large leverages.

Bill Lipschutz

Bill studied at Cornell University and inherited stocks worth $ 12,000 after the death of his grandmother. He began to invest this money in the financial markets in his spare time. He began searching and reading for long hours in the library to learn about the financial markets, and learn a bit too much. This study has been increased interest in the financial trading markets. During the trading he faced the loss of an estimated $ 250,000, because of the reflection of Granville and that was in 1982, however, it did not last long, and he blew the biggest success in the doubling of his invested capital. He is considered one of the global successful traders.

Bruce Kovner

He is one of the most successful traders in the world, where his profits exceeded 300 million dollars in 1987 alone. Kovner began his business in 1977 in an amount not more than $ 3,000 he had borrowed from credit companies, and has made his money growing largely, reaching $ 40,000, and said that his business was initially stressful nerves and taught him the importance of the use of the tools needed to manage the risks. After the acquisition of many experiences he was able to perform one million first and remained his capital continues to grow until it reached 10 billion dollars in 1983, that this great wealth, especially at that time is of the fabulous in other markets, but the market Forex Trading converts myths to the facts we are witnessing on the ground.

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