Stanley Druckenmiller: Famous Forex Billionaire
>> Monday, February 4, 2013
In the world of Forex trading where there are not as many rules, strategies and formulas as stock trading, it takes some serious savvy to become of the greatest currency traders in the world. Stanley Druckenmiller is one of those great traders, and one of the wealthiest.
Now considered the 149th richest man in America, Stanley Druckenmiller started out in the world of Forex trading when he created his own Duquesne Capital Management company and went to work for the infamous George Soros who is famously known as the man who broke the bank of England. Soros made $1 billion on his Black Wednesday crisis that hit the UK in 1992. With Soros as his mentor throughout this period, Druckenmiller learned many great lessons and went on to become an exceptional currency trader in his own right.
After the collapse of the Berlin Wall, Stanley Druckenmiller bought the devalued German currency and held onto it. He watched as it rose and made a fair share of money from one of the most famous currency trades. After working for Soros, Druckenmiller returned to his Duquesne Capital and worked as a fund manager for clients investing millions upon millions. One of Druckenmiller’s secrets is that he adopted a very similar style of trading as George Soros. Soros is known for holding groups of long and short stocks, and using leverage for futures and currency trades.
Throughout Stanley Druckenmiller’s trading career he has garnered a reputation as one of the most intelligent currency traders in the world. This reputation has caused him some stress and exhaustion and it was in 2010 that Druckenmiller decided to return his clients’ money and close Duquesne Capital simply due to exhaustion. His reasoning was simply that he was exhausted from maintaining a first-rate trading record in the formidable currency industry while still managing immense amounts of client capital. It’s fair to say that Stanley Druckenmiller has earned his retirement as he has worked hard and earned billions for his clients, George Soros included.
With all his money in the bank, Stanley Druckenmiller is amongst the biggest philanthropists in the world. In 2009 the most charitable man in the United States gave $705 million to charities for anti-poverty, medicine and education. He also kindly gave $100 million for the foundation of a Neuroscience institute.
Druckenmiller is a currency trading extraordinaire with many lessons to impart. His time spent working with some of the greatest traders has earned him one of the best reputations in the world. Not only is Stanley Druckenmiller a genius with money, but he’s also the biggest philanthropist in the world next to Warren Buffett.
Vida Denning is a freelance writer who enjoys writing on a large variety of topics. Her research into a reputable Forex trading platform brought Druckenmiller to her attention.
Biography of Stanley Druckenmiller - A Forex Billionaire
 |
| Image Credit: www.post-gazette.com |
After the collapse of the Berlin Wall, Stanley Druckenmiller bought the devalued German currency and held onto it. He watched as it rose and made a fair share of money from one of the most famous currency trades. After working for Soros, Druckenmiller returned to his Duquesne Capital and worked as a fund manager for clients investing millions upon millions. One of Druckenmiller’s secrets is that he adopted a very similar style of trading as George Soros. Soros is known for holding groups of long and short stocks, and using leverage for futures and currency trades.
Throughout Stanley Druckenmiller’s trading career he has garnered a reputation as one of the most intelligent currency traders in the world. This reputation has caused him some stress and exhaustion and it was in 2010 that Druckenmiller decided to return his clients’ money and close Duquesne Capital simply due to exhaustion. His reasoning was simply that he was exhausted from maintaining a first-rate trading record in the formidable currency industry while still managing immense amounts of client capital. It’s fair to say that Stanley Druckenmiller has earned his retirement as he has worked hard and earned billions for his clients, George Soros included.
With all his money in the bank, Stanley Druckenmiller is amongst the biggest philanthropists in the world. In 2009 the most charitable man in the United States gave $705 million to charities for anti-poverty, medicine and education. He also kindly gave $100 million for the foundation of a Neuroscience institute.
Druckenmiller is a currency trading extraordinaire with many lessons to impart. His time spent working with some of the greatest traders has earned him one of the best reputations in the world. Not only is Stanley Druckenmiller a genius with money, but he’s also the biggest philanthropist in the world next to Warren Buffett.
Vida Denning is a freelance writer who enjoys writing on a large variety of topics. Her research into a reputable Forex trading platform brought Druckenmiller to her attention.
Please share:
4 comments:
According to the Daily Mail, Real Madrid and Brazilian midfield maestro Kaka is
believed to become list of to get a sensational loan go on to
Manchester United pay day loans look to spend it back quickly
otherwise you is going to be making interest-only payments for the while.
Instant Debt Consolidation Loans manage cash in a highly planned manner and to steer
a wealthy life during times of financial downturns or economic crisis conditions payday loans online
most in the pay day loans come having a term of a couple weeks and never exceed eighteen days.
Never avoid your creditors, be truthful and willing to be effective together and so
they will probably be willing to aid you in time of crises unsecured loans online these solutions generate a feeling of reliability in dire
need, therefore, they popularized the between
individuals searching for adequate federal funding.
According to Standard Bank, the largest player in the property loans field, it is still
possible to acquire that loan that you will need
pay day loans so you ought to be wary
when looking to get into one.
Post a Comment