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The Top Forex Traders to follow

Forex trading is an exciting way to earn money online, but if you don’t learn how to trade successfully, you could easily end up losing money instead of making it.

There are thousands of courses out there that teach forex trading, but not all of them are worth your time and money. It’s important to find a course that teaches you the fundamentals of trading first before moving on to advanced strategies.

I’ve been trading for over 5 years now, and I’ve learned much from the various trading courses that I’ve taken, but these six are my top best forex trading course because they’re the most comprehensive and effective.

Why Should You Trade Forex?

In order to trade forex, you need to learn how to trade currencies and commodities. There are many different ways to trade currencies including spot forex trading, futures, options, and spreads. 

Currency trading involves buying or selling currencies at current prices against each other. If you want to learn more about currency trading please continue reading the article for more information. You can also read more about the best forex broker here.

What makes someone successful as a Trader?

Well, anyone who can consistently beat market odds by taking advantage of prevailing conditions has achieved success. That’s exactly what professional traders are able to do on a consistent basis.

Professional traders study charts and read news reports daily to identify opportunities for profitable trades. The best traders also master charting software programs that give them insight into the psychology behind markets.

A good trader must be disciplined enough to stay focused even when things get difficult. Emotions often rule us during times of stress and uncertainty. But discipline allows us to remain calm under pressure and take calculated risks without panicking. This keeps us from being swept away by emotion and enables us to act rationally rather than impulsively. As soon as we lose control over ourselves, however, we usually start missing big profits.

When we fail to recognize losses early on, we tend to compound them until we reach a point where we throw in the towel completely. In fact, some traders never recover after suffering heavy losses. These individuals may blame external factors such as bad luck or poor timing for their failures. They actually think that no amount of effort will ever lead to winning again.

Here’s the list with The Top 6 Forex Traders:

#1 George Soros

George Soros is the world’s best currency trader. He is known for his 1992 trade on GBP where he sold short 10 billion pounds and made a profit of over 1 billion. His short trade against the pound is called Black Wednesday. He is known as “the trader who broke the bank.” After his success, he was expelled from the European Exchange Rate Mechanism.

Soros started out trading currencies when he was only 17. Back then, it wasn’t easy to get into but with hard work and dedication, he managed to make millions. In 1969, he founded the Quantum fund which became very famous because they made huge profits during the 1973-1974 stock market crash.

By 1976, the fund had grown so much that it needed its own building. This led him to create the Quantum Endowment whose goal is “to promote open, free societies.” As an investor today, his main focus is sustainable development. It includes education, healthcare, environmental protection, economic growth, and democracy.

#2 Ezekiel Chew

Ezekiel is a bright trader that has a lot of experience under his belt. He has founded and is the head of training for his company Asia Forex Mentor

It has been proven by thousands of traders around the world that his legendary One Core Program works and it teaches traders both beginner and advanced how to become successful in trading forex. They have taught hundreds of people how to trade successfully and is highly raved by those who have learned his system.

Do note that Ezekiel’s style is unconventional. It’s not about the fanciful strategy but what truly works in the market. His trading system can be applied to not only forex but stocks, crypto, commodities and others. Ezekiel focuses on ROI. His proprietary point calculation system that he teaches shows traders how to do just that. With precise mathematical probability, the chances of winning and being profitable on each trade increases significantly.

You can learn more about Ezekiel’s way of teaching through his free 5 part training series here.

#3 Michael Covel

Michael Covel was born in England in 1958. He started his career working for Merrill Lynch London. After two years he moved back to New York City to work for Banker’s Trust. During this period he became very interested in stock picking.

He used to analyze stocks using technical analysis tools like trend lines and support/resistance levels. His interest in economics led him to write several books like “Trading Economics For Dummies” and “Secrets Of A Stock Picker”. Now, he runs a popular website called Wealthy Affiliate which provides free training videos and tutorials to help people build websites and make money online through affiliate marketing.

#4 Chris Dunn

Chris Dunn was born in San Francisco California, USA. He studied business administration and finance at the University of Michigan. At university, he worked part-time as a stockbroker helping clients invest their retirement funds. Later he joined Fidelity Investments as an investment advisor.

While working there he developed a passion for foreign exchange. So, he left Fidelity and founded FXCM Corporation in 1996. Since then he has helped millions of investors around the world become better informed about forex investing. Today, Chris is one of the top-rated forex trainers worldwide.

#5 James Wyckoff

James Wyckoff was born in Brooklyn, NY in 1962. He holds BSc degree in Finance from Pace University. He began trading currency futures while still studying but later shifted focus to equities. Before starting his own company, he spent 8 months learning how to trade currencies professionally.

Eventually, he established Wyckoff Capital Management, a hedge fund based out of Greenwich Connecticut. WCM focuses mainly on short-term swing trading strategies. It employs both fundamental and technical approaches to analyze market conditions before making decisions.

#6 Peter Brandt

Peter Brandt was born in 1959 in Los Angeles, CA. When he was just 12 years old he got fascinated by Wall Street Journal because it contained all kinds of information related to financial markets. By age 16 he had already learned everything there is to know about the subject. Soon afterward he enrolled himself in college majoring in Business Administration. He earned bachelor’s degrees in Business Administration and Marketing.

Then, he went ahead to pursue an MBA program at UCLA Anderson School of Management. Throughout his academic pursuits, he continued researching different aspects of the international economy including politics, economic policies, and commodities movements.

He wrote many articles for magazines and newspapers, especially those published by Barron’s and Forbes. Currently, he works as Chief Market Strategist for PRIMECAP Ltd., a leading provider of independent research covering global capital markets. His main objective is to teach others how they can profit from the current trends in the markets.

That concludes the list with the best forex traders to follow. Hopefully, you found out what you were looking for from the top results we have gathered.

Where to find the best forex trading courses and materials to learn Forex Trading? 

Asia Forex Mentor 

Without a doubt, Asia Forex Mentor academy which is helmed by Ezekiel provides one of the best forex trading courses around. It is comprehensive and has everything you need to know in trading. Regardless of whether you are a beginner or advanced, you will see a big change in your trading and your profitability.

What is a Forex Trading Strategy?

A forex trading strategy is a method by which you trade in the foreign exchange market, or FX for short. It can be as simple as buying when prices are low and selling at higher levels, but it could also involve more complex strategies such as trend following, swing trading, position trading, scalping, etc.

Forex trading is a great way to make money, but it can also be very risky if you don’t know what you are doing. If you want to learn how to trade forex successfully then read on for some of the best tips that will help you get started in this exciting market!

Forex Strategies: A Top-level Overview

The most common types of forex strategies include trend, range, swing, day trade, position, scalper, and carry trade. Each type has its own set of advantages and disadvantages. The best way to find out which one suits you best is by testing them on live accounts. You should also consider how much time you have available as well as what level of experience you have in order to choose an appropriate strategy.