Here are five market participants that are arguably the greatest traders and investors of all time when you look at the size of their wins, how famous they are, the duration of consistent returns, and the magnitude and brilliance of their greatest trades. George Soros gained international notoriety when, in September of 1992, he risked […]
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“There are really four kinds of trades or bets: good bets, bad bets, winning bets, and losing bets.” – Larry Hite Hite explains that good and bad trades are independent of winning and losing trades. Therefore, a winning trade wasn’t necessarily a good trade, and a losing trade wasn’t necessarily a bad trade. There are
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This is a guest post posted here with the permission of Olajide Taiwo Fsgcm Aicpm of Lakazy Capital THE TREND FOLLOWING PROFITS COUNT Think of it this way: Performance data examples from the great trend followers could be the foundation of every college finance class. When you show up on the first day, instead of
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George Soros gained international notoriety when, in September of 1992, he risked $10 billion on a single currency speculation when he shorted the British pound. He turned out to be right, and in a single day the trade generated a profit of $1 billion – ultimately, it was reported that his profit on the transaction
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It was great to have the honor to interview these two market wizards. I appreciate them both taking time off from their busy schedules, and giving my readers a chance to ask some questions. All of these questions were submitted by my Facebook trading group. Questions for David Ryan Q: David, what are some
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They pursue realistic goals as their returns. They take decisive and immediate action when their buy or sell signal is hit. They focus on winning trades and not quantity of trades. They make logical, informed trading decisions within their system, based on the probabilities. They avoid the trap of trying to make perfect trades, and
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