The best world dealers and investors came into and lost the whole fortune in games in the financial markets. Many achieved unusual success, and now their names are associated with trade strategy. For this reason their stories are used as bases for books and analyses in which lives of these succeeded dealers with the purpose to open and understand those secrets of magic which stand behind their achievements are studied. Millions of people are in constant search of effective and most suitable strategy for receiving stable profit. In this article stories of three great dealers of all times who are capable to inspire you for operation over increase in own profit in the financial markets are considered.
Jesse Livermor
Jesse Lauriston Livermor was born in the State of Massachusetts and started the career of the dealer in 14 years. Only in one year he managed to increase the fortune on 1 000 dale. The USA that there corresponds the present 23 000 dale. USA. It is widely known thanks to the multimillion transactions in which it both benefited, and lost. The size of its status reached 100 million a dale. USA (1,384 billion dale. The USA in terms of 2014), but by 1934 he lost it and itself decided to die in 1940.
He permanently wrote the calculations of future prices in the market which accuracy it surely checked. First, he carried out the first investments at off-exchange speculators whom not everyone favored in those days. He continued to stake until before it most of them didn't close a door because Jesse benefited too much. Later he developed the, so-called, new rules of marketing. For example, it had own philosophy concerning trade in securities which essence consists in increasing the volume of one line item, taking into account movement of the price in the right direction, thereby quickly stopping losses. It left the operations open for a study any dealer who can use them as a source of inspiration and the instrument of increase arrived.
William Delbert Gunn
William Gunn was the dealer who developed the unique tools for the technical analysis named now with Gunn's indicators. They are also known under the name diagram 360, a square 9, a hexagon or Gunn's angles. Its methods of predicting are based on ancient knowledge in the field of mathematics, geometry and the astrology combined with astronomy. He wrote several books about the principles of trade where described own philosophy. But the world ambiguously estimates its operation because of a large number of speculation concerning validity of its activities. Nevertheless, he offered new vision of the market and earned by the philosophy the considerable capital on financial to rynke.oplachivat the commission of a network on authentication, authorization and identification of public keys of encoding of the user for support of the highest security level on the ciphered networks.
George Soros
George Sorossoros was born in Hungary, but is the American business magnate, the philanthropist, the investor and the chairman of Management of the Soros fund – one of the most successful firms in the history of hedge funds. He – one of the richest people in the world which is also known as "the person who has ruined the Bank of England" on black Wednesday of currency crisis of Great Britain of 1992 when he managed to receive about 1 billion a dale. USA net profit.
Since 1979 and till today George Soros donates billions and billions of dollars for various charitable actions. He has brought a huge contribution to peaceful transition of countries of Eastern Europe to capitalism. In the works Soros as the author, pays much attention to the concept of reflexivity in which he explains how emergence in the market of biased operations from separate individuals is capable to affect fundamental indicators of economy. Soros is known for the numerous disputes on a difference of the main demands made to the market which can be as "closely to balance" and "is far from balance".
Great minds can increase your efficiency
You can determine the level of the skills if you try to develop the certain strategy corresponding to your knowledge and information on the available temporary risks in the market only it is necessary to do it responsibly. Despite a large number of successful examples from the past, you shouldn't forget that at that time the markets were more slowly and more simply – then it was possible to apply repeatedly one strategy and to profit from it. However, presently the market has changed, and the volume only of the foreign exchange market approximately everyone can surpass half-month the volume of global GDP. In such huge market you need to develop the new relation to risk management and an opportunity to trade with protection against negative balance. Expand the horizon at the expense of successful examples of other dealers, be inspired by them and develop own unique methods of increase in efficiency of the transactions for obtaining still the big income in the financial markets.
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