What Will You Do After Making Billions Trading?
The Boston Red Sox have won the World Series! What does this have to do with trading? John Henry is the owner of the Red Sox and was the owner of the Florida Marlins. He took both teams to win the championship in short order. What did John Henry do before buying languishing baseball teams and seeing them win? He was a currency and commodities trader! Successful people have goals and visions, What would you do as a successful trader with more money than you could ever need? Hopefully you will choose to do something good to inspire people and make a positive contribution.
Henry Capitalized on Infamous Rogue Trader, Nick Leeson
Back in 1995, while the world press focused on the demise of Barings Bank and Nick Leeson, they failed to highlight where the money went. Even the movie "Rouge Trader" often touted as a classic movie for traders failed to focus on the money being won by people like John Henry taking the opposite side of Leeson’s trades. In fact it is sad that almost all movies with plots on trading like "Wall Street", "Trading Places" and "Boiler Room" are only focusing on the negative connotations of trading and the people in the industry.
We need more success stories!
There is a fantastic biography of John Henry on the Turtle Traders web site. It gives great insight into how John Henry turned $16,000 USD into more than $1 Billion USD.
Trend Trading Not Short Term Scalping Made Him a Billionaire
There are other great insights in this article. "The discipline to wait for and ride the big move is richly rewarded" Click Here to read about this most successful baseball owner - and how he got to where he is today starting out as a Currency Trader.
Live Webinar Coverage of Both Reports GDP and FOMC Oct 31
Click on each link below to tune into Free Live Special Webinar Coverage of these most important scheduled economic events. You will see Jerry broadcast live technical analysis and discussion of these events before and as they happen.
Click Here to Register for Live Coverage of the US GDP
Click Here for Live Coverage of FOMC US Interest Rate Decision
Jerry Furst also broadcasts weekly on FX Street with "1stonForex the Week Ahead" and facilitates and presents his own live educational workshops. Jerry is an active trader, educator, and Founder of Investors Education Network (IEN), he is also a mentor and trading coach to select clients.
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