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

Top 10 films about the end of the world, a list of the best
Movie

Top 10 films about the end of the world, a list of the best

2020
Rating of the best resorts of the Black Sea coast of Russia
People

Rating of the best resorts of the Black Sea coast of Russia

2020
Top 10 films about hackers, a list of the best
Movie

Top 10 films about hackers, a list of the best

2020

Leave Your Comment

Recommended

Top 7 items and products that used to be luxury

Top 7 items and products that used to be luxury

2020
10 cheapest 2020 hatchbacks in Russia

10 cheapest 2020 hatchbacks in Russia

2020
2018 FIFA Football Team Rankings

2018 FIFA Football Team Rankings

2020
The most expensive coffee in the world: prices, photos

The most expensive coffee in the world: prices, photos

2020

Popular Categories

  • Food and drink
  • Technics
  • Information and News
  • Nature
  • Tourism
  • Games
  • Medicine
  • Coronavirus
  • Cities and countries
  • Articles

Recent

The best films of all time - IMDb + KinoPoisk

The most expensive hotel rooms in Sochi

The 10 best laptops of 2018 in terms of price / quality

The best smartphones up to 30,000 rubles in 2020

10 best wobblers for zander in 2018

Rating of the best multicooker-pressure cookers of 2018

Actual

The most beautiful legs in the world: 20 photos of celebrities
People

The most beautiful legs in the world: 20 photos of celebrities

2020

We have good news and bad news regarding the legs. The good news is that you don’t need to be tall and very thin to have the most beautiful legs. The bad news is that you were either born with them or worked hard to get the perfect look. ...

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

The most famous discos in the world

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

10 greatest commanders in history

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

Rating of countries by level of public debt

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

Top 10 best films about athletes

2020

The best in the world

The best in the world.

Recent

  • Rating of the best washing machines in 2014
  • The most evil and cruel men in history
  • Top 10 Fun for Budget Savings

Popular Categories

  • Ratings
  • Technics
  • Ratings

© 2025 https://efuc.org

  • Tourism
  • Favorite
  • Food and drink
  • Books
  • Medicine
  • The most in the world
  • Information and News
  • Cities and countries
  • Games
  • Articles

© 2025 https://efuc.org