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

The most popular varieties of moonshines
Ratings

The most popular varieties of moonshines

2020
10 fastest rappers in the world (video)
Ratings

10 fastest rappers in the world (video)

2020
The smallest countries in the world by area
Cities and countries

The smallest countries in the world by area

2020

Leave Your Comment

Recommended

Smartphones SONY 2018 - ranking of the best, new items of the year

Smartphones SONY 2018 - ranking of the best, new items of the year

2020
10 most scary monsters in the world

10 most scary monsters in the world

2020
10 low-cost cities in Russia for holidays in spring 2019

10 low-cost cities in Russia for holidays in spring 2019

2020
Ranking of countries by the level of development of information and communication technologies (ICT)

Ranking of countries by the level of development of information and communication technologies (ICT)

2020

Popular Categories

  • Technics
  • Articles
  • Books
  • Favorite
  • Cars
  • Coronavirus
  • Information and News
  • Food and drink
  • Medicine
  • Nature

Recent

Top 5 countries of the velvet season, holidays on the Cote d'Azur

The happiest countries in the world 2019, full list

10 largest submarines in the world

Top 10 most famous accountants

Top 5 Worst Air Force Fighter

The best resorts in Bulgaria for families with children

Actual

Top 7 Rules for Creating an Effective Commercial
Ratings

Top 7 Rules for Creating an Effective Commercial

2020

The promotion of video content is now one of the most pressing problems. Quality commercials are key to business development. How to make commercials work for you? You just have to follow 7 simple rules for creating an effective commercial. Video ...

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

Most Popular Wikipedia Articles

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

Rating of the most visited Runet sites

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

Trust rating for public institutions in the world 2019

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

Top 10 ugliest hotels in the world

2020

The best in the world

The best in the world.

Recent

  • The most reliable smartphones of 2016
  • 7 best natural remedies to increase female libido
  • The fattest people in the world

Popular Categories

  • Ratings
  • Movie
  • Food and drink

© 2025 https://efuc.org

  • Games
  • Cities and countries
  • Food and drink
  • Medicine
  • Tourism
  • Articles
  • Technology Reviews and Tests
  • Sport
  • The most in the world
  • Coronavirus

© 2025 https://efuc.org