It is a no-brainer that trading and investing in stocks, mutual funds, and much more are taking over the world. Everyone is inclined to invest in one or the other types of investments. However, only a few of them are extremely successful in the process.
In this article, we have mentioned the names of successful traders who have made a mark in the trading and investing world.
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Jese Livermore
Jesse Lauriston Livermore was born in 1877 in America and was famous for his colossal gains and losses in the trade market. While he was an example of how to trade effectively in the foreign market, he also was a great example of what not to do! Jesse also successfully shorted the 1929 market crash, after which he built his fortune to a whopping $100 million. However, he tragically lost all his money in 1934 and took his own life after suffering immense losses.
Geroge Soros
George Soros is a Hungarian who was born in 1930. He is now the chairperson of the Soros Fund Management. According to experts and the Internet, it is one of the most popular hedge fund management industries. In 1992, he made a short sale of $10 million and sold it to make a profit of $1 billion. This trade acquired him the name ‘ The Man Who Broke the bank of England.’
William Delbert Gann
Born in 1878, Gann was a famous trader who used information forecasts like astrology, geometry, and other ancient mathematical analogies to make his trade. He also used his mysterious trading tools like the Gann fans, Gann angles, and square of 9 to make successful trades. Based on his market research and other observational skills, he also wrote a number of books on effective trading and trading strategies.
Jim Rogers
Jim was born in 1942 and is not the chairperson of Rogers Holdings. Along with George Soros, he also founded the Quantum Fund in the 1970s, which gained a profit of 4200% over the course of 10 years. He is known for his bullish claims on different commodities of the 1990s and is famous for his journey and world-traveling details.
Paul Tudor Jones
He is the founder of Tudor investment corporation, one of the leading hedge fund banks. He is famous for his trade and gained his name. Later he made a whopping $100 million after a short market crash in 1987.
Richard Dennis
Richard is earned the name as a successful Chicago-based trader of commodities. He has reportedly earned over $200 million in the last ten years. He was also a co-creator and an active participant in the Turtle trading experiment.
John Paulson
He is the chairperson of the hedge fund company Paulson & Co., which became popular after making millions of dollars in 20007. The company used credit default swaps to create a wave in the mortgage lending market.