As we think forex trading is risk, some take risk as a challenge and they went head on with it. Here are some of the successful forex traders around the world.
In the following article we introduce you to five of the youngest and most successful investors in the world. Reading their stories will give you the motivation you need to up your game.
Tim Sykes is best known for turning his bar mitzvah money into more than $1.5 million by the time he was 21. On his 18thbirthday he took $12,415 in gift money and began trading penny stocks.
He would continue to do this throughout his tenure at Tulane University and was eventually featured in Trader Monthly’s “30 Under 30” publication of up-and-coming traders.
Sykes currently works as a financial educator and has more than 2,000 students worldwide.
At 29 years of age, Simon Drake is one of Wall Street’s top dealmakers. As Vice President of JPMorgan Chase, Drake trades hundreds of millions of dollars in daily volume, specializing in investment grade corporate debt.
Drake has stuck it out with JPMorgan since graduating from Harvard with a degree in economics.
Jan Sramek broke into the Wall Street big leagues at the tender age of 23, rising to fame as an emerging markets trader for Goldman Sachs.
The Czech Republic-born Sramek revealed his keys to success in his book Racing Towards Excellence, which is ranked very highly on Amazon.
After excelling as a proprietary trader for Goldman Sachs and as an investment analyst for AKO Capital, Sramek co-founded consulting firm Better in 2011.
The consulting firm, which specializes in delivering training courses for international clients, has already raised $5 million from European investors.
Gilbert “Gman” Mendez is a professional forex trader, having built a highly successful black-box trading model that was quickly recognized by SMB Capital.
The proprietary trading firm gave Gman his own trading account and named him “Head Trader” shortly after. Gman proved his worth during the Great Recession of 2007-2009 and was eventually named partner at SMB Capital.
He is currently Chief Investment Officer at Red Ivy Capital, an investment management company specializing in statistical methods for wealth creation.
At 29 years of age, Luis Alvarado is the youngest member of the Wells Fargo private investment team, which handles $170 billion in assets.
Alvarado has spent his entire career with Wells Fargo and can be seen chiming in on the global financial markets in various online articles.
According to Wells Fargo, Alvarado is “solely responsible for building capital market assumptions which ultimately forms the foundation of recommendations for virtually every client account.”
That’s quite the laundry list for the 29-year old.