In the male-dominated trading industry, women are often overlooked and ignored. Here we've listed 5 of the most successful female traders who broke such stereotype.
From Jarratt Davis to Jennifer Thornburg, here are some inspiring stories on how some top traders used to experience losses and how they overcome them.
Making money in forex trading does not depend on how old you are. These traders have proven that becoming millionaires at a young age is not impossible.
Most successful trading stories come from western countries, so what about Asia? From Rakesh Jhunjhunwala to Rayner Teo, here are some remarkable traders who have succeeded in the financial market.
As the biggest currency trading hub in the world, the UK has seen a number of billionaires and successful traders. Who are they and how did they become successful?
As one of the most popular technical analyst figures, Joe DiNapoli has 4 important trading tips that can be used as a guide to becoming a successful trader.
Sylvia Marshall considers being a woman an asset in the trading world. Her success as a part-time trader earning millions proves that women can excel in this field too.
Jonathan Morgan demonstrated that trading for a living is a highly promising pursuit, despite the lengthy process he went through. His inspiring story can be found below.
"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading."
Bruce Kovner
"Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature."
Bruce Kovner
"I know where I’m getting out before I get in."
Jim Rogers
"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."
Larry Hite
"I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet."
Michael Marcus
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough."
Jack Schwager
"There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer."
Jesse Livermore
"There is a time to go long, a time to go short and a time to go fishing."
Warren Buffet
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
Mark Douglas
"If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist."
Paul Tudor Jones
"I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have"
Jack Schwager
"There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer."
Alexander Elder
"Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds."
George Soros
"It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong."
Peter Bernstein
"The fundamental law of investing is the uncertainty of the future."
Ed Seykota
"The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance."
Bruce Kovner
"Novice Traders trade 5 to 10 times too big. They are taking 5 to 10 percent risk, on a trade they should be taking 1 to 2 percent risk on."
Nicolas Darvas
"I believe in analysis and not forecasting."
Warren Buffett
"Risk comes from not knowing what you're doing."
Bill Lipschutz
"If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money."
Alexander Elder
"Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets."
Bruce Kovner
"If you personalize losses, you can’t trade."
Peter Lynch
"In this business, if you're good, you’re right six times out of ten. You’re never going to be right nine times out of ten."
Alexander Elder
"The goal of a successful trader is to make the best trades. Money is secondary."
George Soros
"Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected."
Martin Schwartz
"Learn to take losses. The most important thing in making money is not letting your losses get out of hand."