Behind this huge volume of trades there are a few speculators that built their fortune in silence and inspired million others to succeed. Here are the top 10 most famous Forex traders of all time.
- Jesse Lauriston Livermore (1877–1940) -was an American trader famous for his colossal winnings and losses in the Forex market. He also managed to shorten the great market crash from 1929, growing his fortune to $100 million. Unfortunately, by 1934 he had lost his money and ended up taking his own life in 1940.
- William Delbert Gann (1878–1955) was a trader who used geometry, ancient mathematics and astrology to predict the market’s fluctuations and to build his trading strategies. He published several books and held numerous courses to share his discoveries and work methods.
- George Soros (born 1930) is the chairman of one of the most successful firms in the history of the hedge fund industry. He’s a great investor, a philanthropist, author and a well-known political activist
- Jim Rogers (born 1942) is the owner of Roger Holdings and Beeland Interests and in the early ’70, hand in hand with George Soros, co-founded the Quantum fund that grew with 4200% over the last 10 years. He’s also an author and writes detailed stories about his adventurous stories around the world.
- Richard Dennis (born 1949) his one of the most successful commodities trader, building a fortune of over $200 million in little over ten years. He was also the co-creator of the mythical Turtle Trading experiment, along with his partner William Eckhardt
- Paul Tudor Jones (born 1954) is an American investor, philanthropist and a hedge fund manager that built Tudor Investment Corporation, one of the most famous hedge funds corporation. He got to the top by making around $100 million during the market crash in 1987
- John Paulson (born 1955) is the owner of the hedge fund Paulson & Co and he became famous in 2007 when he started making billions of dollars by selling short the US subprime mortgage lending market, through credit default swaps.
- Steven A. Cohen (born 1956) he is known to be the 3rd highest earning hedge fund manager and in top 30 richest American. He founded Point72 Asset Management and S.A.C. Capital Advisors and made his fortune by focusing on trading equities.
- David Tepper (born 1957):is the founder of the wildly successful hedge fund Appaloosa Management and a great philanthropist. He donated a great gift of $67 million to Carnegie Mellon University, and they named their business school after him, the Tepper School of Business.
- Nicholas Leeson (born 1967): he is the trader that managed to collapse the oldest merchant banks, Barings Bank from the UK, through unauthorized speculative trading. He was sentenced to prison for four years and did his time in a Singapore jail. After he was released he managed to bounce back on track by becoming the CEO of Galway United.
Their dramatic and adventurous life stories became great materials for books and movies that fascinated and inspired the entire world, such as the Reminiscences of a Stock Operator, that portrays Livermore’s life and became one of the most important books about trading, ever