The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home The most in the world

The most successful transactions in the history of Forex

Share
Pin
Tweet
Send
Share
Send

Millions of people devote their time and money to operations in the hope of making good money. And someone really succeeds by playing on the difference in exchange rates.

The success of a trader depends on theoretical training, and on experience, and on intuition. Today we suggest considering four of the most successful Forex deals, which are an example of how courage, calculation and intuition play the trader "on hand".

Of course, the players had huge resources at their disposal, but the main thing that these examples teach is the ability to rely on facts from the sphere of politics and economics.

4. Warren Buffett and the US Dollar

By the beginning of the 2000s, the “Oracle from Omaha” had already gained a reputation as a person with excellent business intuition, because he earned the first millions in 1965. Until 2002, Buffett never played on exchange rates. Buffett’s first deals were cautious; the great investor “tried the soil.” A year later, in 2003, Buffett's investment company Berkshire Hathaway earned $ 1.3 billion in a deal to buy five foreign currencies against the dollar.

With a stunning profit, Buffett proved that he can predict not only the dynamics of the exchange rate of securities, but also exchange rates.

3. Andy Krieger and the New Zealand Dollar

In 1987, Bankers Trust trader Andy Krieger monitored exchange rates that rose against the US dollar after the Black Monday stock market crash. Naturally, having thrown from the dollar to other currencies, traders have clearly overestimated some monetary units. Krieger’s attention was attracted by the New Zealand dollar, or “kiwi,” as traders called it.

At the disposal of Andy Krieger was significant cash, because at Forex he represented a large investment company. Putting several hundred million dollars in a short position against the Qiwi, he ensured that the New Zealand dollar depreciated by 5%. Krieger brought millions of dollars of profit to his employers.

2. Standley Drackmiller and the German mark

A trader at Quantum Fund, owned by George Soros, Stanley Drackmiller opened a long position against the German currency during the fall of the Berlin Wall. Extreme decline of the German mark and the correct assessment of the market brought a yield of 60% of the transaction amount. A couple of years later, Drackemmiller again put on the mark, but now on the assumption that it will grow against the British pound.

Drackemmiller correctly suggested that the United Kingdom in those years sought to stimulate business and attract investment, for which it lowered rates and the national currency. The second transaction was no less successful, bringing in the millionth revenue of Quantum Fund.

1. George Soros and the British Pound

This Forex game is interconnected with the Stanley Drackmiller transaction. Soros understood that Britain’s desire to maintain a high pound was not justified in terms of the economic situation. Soros began to open short positions against the pound, betting huge money on the line. Having accurately calculated the moment when the British currency nevertheless collapses against the German mark, Soros earned at least a billion dollars.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Forex Trading for Beginners (June 2025).

Similar Articles

World University Rankings 2020 according to QS World University Rankings
Ratings

World University Rankings 2020 according to QS World University Rankings

2020
Top 10 Lowest Actresses in Hollywood
People

Top 10 Lowest Actresses in Hollywood

2020
Rating of the worst hotels in the world
Ratings

Rating of the worst hotels in the world

2020

Leave Your Comment

Recommended

The largest cities of Russia by area and population

The largest cities of Russia by area and population

2020
10 most interesting opinion polls in Russia 2018-2019

10 most interesting opinion polls in Russia 2018-2019

2020
The smallest cities in the world

The smallest cities in the world

2020
Rating of the best sites about games

Rating of the best sites about games

2020

Popular Categories

  • Technology Reviews and Tests
  • Articles
  • Food and drink
  • Books
  • The most in the world
  • Favorite
  • Information and News
  • Tourism
  • Movie
  • Nature

Recent

The biggest cars in the world

The largest shopping centers in the world (+ video)

Top 10 Kissing Facts

Windows 10 Chuwi Hi12 Tablet Review

Top 10 false facts about the human body

World Competitiveness Rating

Actual

The most dangerous criminals in the world in history
People

The most dangerous criminals in the world in history

2020

According to statistics, the most dangerous criminals in the world are sexual maniacs. Pedro Alonso Lopez One of the most dangerous criminals in history is Pedro Alonso Lopez, who was called the "Monster of the Century" in the Guinness Book of Records. Pedro was born in 1949. In all my life ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The best site according to the “Runet Rating”

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Best Remedies for Cough and Sore Throat for Adults and Children

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The best computer speakers of 2020 in price and quality

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Rating of the best car radios 2019-2020 price / quality

2020

The best in the world

The best in the world.

Recent

  • Top 5 interesting facts about modern terrorism
  • The cleanest cities of Russia 2019, Superjobs rating
  • Rating of the best series about superheroes

Popular Categories

  • Ratings
  • Ratings
  • Ratings

© 2025 https://efuc.org

  • Coronavirus
  • Cities and countries
  • Medicine
  • Articles
  • Technics
  • Information and News
  • Favorite
  • Technology Reviews and Tests
  • Games
  • The most in the world

© 2025 https://efuc.org