Traders Who Made It Big Through Commodity Trading

If you want to be a great stock market trader one day, one important step is to learn from Best traders who have gone before you. It’s fascinating to learn about these legendary online trading journeys, such as what principles they followed and how long it took them to become successful traders. As a result, we’ll talk about people who are extraordinarily successful in the stock market today.

Who Is the All-Time Greatest Investor?

Investors buy and hold for long-term growth rather than trading in and out on a daily basis. Warren Buffett is widely regarded as the most successful investor of all time, through his holding company, Berkshire Hathaway.

Who Is the World’s Richest Day Trader?

We may never know who the world’s most successful day trader is or was because many prefer to remain anonymous. According to research, Bill Lipschutz, a bond trader at Salomon Brothers in the 1980s and 1990s, could be the world’s richest day trader.

Several well-known former traders, such as Jimmy Wales and John Key, have gone on to pursue other careers. Below is the list of 11 traders who are well-known for being commodity traders in the world. The lives of the world’s most famous traders are colored by triumph and tragedy, with some exploits becoming mythological within the industry.

William Delbert Gann:

WD Gann was one of the most successful traders who used geometric, astrological, and ancient mathematics-based market forecasting methods. Gann fans, Gann angles, and the Square of nine are among his mysterious technical tools. Gann wrote a number of books and courses in addition to trading.

Jesse Lauriston Livermore:

Jesse Livermore was an influential US trader. He is known for massive market gains and losses. He made a fortune of hundred million by positively shorting the market crash of 1929. Though, by the year 1934, he had spent all of his fortune and tragically took his life after 7 years.

Radhakishan Damani:

Radhakishan Damani is India’s wealthiest Trading Market investor and the owner of D-mart. People used to call him as Mr. White and White as he wore a white shirt and white pants. RK Damani maintained a low profile and rarely attended public events or press conferences. RK’s experience in the Indian stock market has been extremely motivating. He wasn’t always a stock market investor. He started his career as a ball-bearing trader, with no intention of entering the stock market. His future, on the other hand, has other plans for him.

George Soros:

Hungarian-born George Soros is the chairman of Soros Fund Management, one of the most successful commodity traders in history. In 1992, he earned the moniker “The Man Who Broke the Bank of England” after short-selling $10 billion in pounds for a tidy $1 billion profit.

Ramesh Damani:

Ramesh Damani, an investment genius in the Trading Market and one of India’s most successful stock market investors, began his quest for riches in the 1990s when the Sensex was 600 points. He received a bachelor’s degree in commerce from HR College in Mumbai and a master’s degree in business administration from California State University. 1^st well-known investment of Ramesh Damani was in Infosys. Coming from a background in technical in the US, he predicted Infosys’ enormous potential in the future. As a result, when this company went public in 1993, he invested Rs 10 lakhs in it. In 6 years he received more than hundred-fold return on his investment.

Paul Tudor Jones:

Paul Tudor Jones II is the founder of Tudor Investment Corporation, a leading hedge fund in the world. Tudor Jones rose to prominence after making approximately $100 million by shorting stocks during the 1987 market crash.

Jim Rogers:

Rogers Holdings’ chairman is James Rogers, Jr. In the early 1970s, he co-founded the Quantum Fund with George Soros, which grew by 4,200% in ten years. Rogers is well-known for his accurate bxullish call on commodities in the 1990s for Commodity Trading, as well as his books detailing his daring world travels.

Vijay Kedia:

Like many other investors on our list, Vijay Kedia provides excellent stock market knowledge as well as an inspirational story. Notwithstanding, his stock market journey was troubled with problems, even after being born into a brokerage family. He lost his father at an early age of 14. This forced him to enter stock market at this tender age. He joined stock brokerage business of his family, but he had no plans to work here. He then moved on to intraday trading, where he had even more success.

Nick Leeson:

Nicholas Leeson is one of the most successful traders who famously brought the UK-based Barings Bank down. Leeson served 4 years in a Singapore prison before returning to become Irish football club Galway United CEO.

Mr. Steven Cohen:

Steven Cohen originated a foremost hedge fund mainly focused on trading stocks named, SAC Capital Advisors. The Exchange and Securities Commission charged SAC in 2013 with failing to prevent insider trading and later agreed to pay a $1.2 billion fine.

Raamdeo Agrawal:

The co-founder of Motilal Oswal Group,Raamdeo Agrawal is another well-known Trading Market investor in India. Raamdeo Aggrawal’s investing strategy, completely centered on a company’s growth, quality, longevity, and bargain value over the last 30 years. Raamdeo Aggarwal, like many other successful investors, believes in long-term investment strategies. Two of his favorite books to read are ‘The Intelligent Investor by Benjamin Graham and ‘One Up on Wall Street by Peter Lynch. Michael Porter’s ideas also intrigued him on the competitive structure.

The dramatic and varied life stories of the world’s most famous traders have inspired books and films. Reminiscences of a Stock Operator, a fictionalized account of Jesse Livermore’s trading lifestyle, is widely considered a timeless classic and one of the most important books on trading ever written. The 1999 film Rogue Trader, starring Ewan McGregor, is based on the true story of Nick Leeson and the collapse of Barings Bank.