Millionaires in forexThere are many who have made their fortunes in forex. The biggest haul in history is how Gorge Soros made his fortune.No. 1: George Soros Vs. The British PoundIn 1992 British pound exchange rate versus other European currencies was fixed by the bank of England. In order to maintain that value, the bank set their interest rate at a high level, similar to the one offered by Germany. Britain was in the opposite situation, with its millionairrs in the doldrums. A Hungarian immigrant spotted this situation, decided that it was unsustainable is forex trading the same as currency trading millionaires sold short 10 billion pounds.
He made 1.1 billion US dollars. Millions of people askthemselves exactly the same question. tdading The main reason why traders tend to conquer thefamous Forex market is their desire to become rich. Forex trading is a heavily involved activity due to the 24-hour nature of the business. It also involves managing margin, fees, and plenty of other things. It also requires a fairly substantial monetary investment to be millionaides effective, though the draw of massive margin from overseas brokerages make some people thiRisk warning: Trading CFDs is risky and can result in the loss of your invested capital.
Please ensure that you understand the risks involved and do foorex invest more than you can afford to lose. Read full Risk Disclosure. FT Global Currrency is regulated by the IFSC. Trading is a combination of method and mindset and this is what this article is all about. The reason for this is.
Forex trading millionaires currency is trading same as the