32 Best Traders in the World & Their Success Strategy

32 Best Traders in the World & Their Success Strategy
Author authorArjun Remesh Editor editorSunder Subramaniam Updated on 19 January 2026

Trading is one of the most exciting and challenging ways to create wealth. Trading requires knowledge, patience and ability to make quick decisions under pressure. In the world of finance, the person who masters this skill is known as a trader. 

A trader is someone who buys and sells assets in order to make profit from their price movement. Some traders buy or sell assets for short term, medium term and long term depending on strategy.  

Now we know who is trader, lets discuss the 32 Best Traders in the World & Their Success Strategy

Top Stock Traders in History 

The list of top traders in history is given below in the table with their name, country, active years and asset class. 

Trader NameCountryActive YearsPrimary Trading / Asset Class
Jesse LivermoreUnited States1890s–1940sStocks, Commodities
George SorosHungary / USA1960s–presentForex, Macro, Bonds
Dr. David PaulUnited Kingdom1980s–presentStocks, Swing Trading
Peter LynchUnited States1970s–1990Stocks (Fund Management)
Paul Tudor JonesUnited States1970s–presentFutures, Macro Trading
Stanley DruckenmillerUnited States1970s–presentGlobal Macro, Futures
Jim RogersUnited States1970s–presentCommodities, Macro
Benjamin GrahamUnited States1920s–1950sValue Investing (Stocks)
Peter TuchmanUnited States1980s–presentEquities (NYSE Floor)
Bill LipschutzUnited States1980s–presentForex
Thomas BulkowskiUnited States1980s–presentStocks, Chart Pattern Analysis
Jim SimonsUnited States1980s–presentQuantitative Trading (All asset classes)
John PaulsonUnited States1990s–presentHedge Fund / Bonds / MBS
Steven CohenUnited States1980s–presentEquities, Multi-Asset Hedge Fund
Michael MarcusUnited States1970s–1990sCommodities, Futures
Richard DennisUnited States1970s–presentCommodities, Futures (“Turtle Trading”)
Ray DalioUnited States1970s–presentGlobal Macro, Bonds, FX
Ed SeykotaUnited States1970s–presentTrend Following, Commodities
Mark MinerviniUnited States1990s-presentStocks, Chart Pattern Analysis
Bruce KovnerUnited States1970s–presentGlobal Macro, Currencies
Andy KriegerUnited States1980s–presentForex
David TepperUnited States1990s–presentDistressed Debt, Equities
Carl IcahnUnited States1960s–presentActivist Investing (Stocks)
Joe LewisUnited Kingdom1980s–presentForex, Macro
Bill AckmanUnited States2000s–presentActivist Stocks, Options
Nicolas DarvasHungary / USA1950s–1970sStocks (Momentum Trading)
Peter SchiffUnited States1990s–presentGold, Commodities, Macro
Simon CawkwellUnited Kingdom1970s–presentShort Selling, Stocks
Warren BuffettUnited States1950s–presentValue Investing (Stocks / Holdings)
W.D. GannUnited States1900s–1950sStocks, Commodities (Geometric Trading)
Bill GrossUnited States1970s–presentBonds (Fixed Income)
Larry R. WilliamsUnited States1960s–presentFutures, Commodities

As we can observe from the above table, most of the successful traders and investors come from the US, which makes sense as over 55% of the world’s total financial market capitalization and the most advanced capital market infrastructure is concentrated in the US.

1.Jesse Livermore 

Jesse Livermore, also called the “Boy Plunger” or “Great Bear of Wall Street”  is one of the legendary traders of all time. Jesse Livermore born on 26th July, 1877, and started trading in bucket shops. Livermore was a pioneer of price action trading, trend-following, and psychological discipline, shaping modern trading principles long before technical analysis became mainstream. At the peak of his career, Jesse had amassed a massive net worth of $100 million in the year of 1929.

Jesse Livermore 
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Jesse Livermore trading strategy.

Jesse Livermore is purely price action and trend follower trader, not news or fundamentals.

  • He waits for trend confirmation rather than guessing market direction. 
  • Uses the concept of pyramiding by adding more positions in winning trade. 
  • Cuts the losses quickly once trade moves against him. 

Jesse Livermore made huge profits in the Great Depression in 1929 by shorting the market, earning over $100 million

Livermore was very disciplined, analytical, and deeply self-aware. He knew that emotions are the worst enemy of a trader. His trading philosophy was based on mental control, confidence and flexibility. 

Publications by Jesse Livermore.

  • How to Trade in Stocks (1940) by Jesse Livermore.
  • Reminiscences of a Stock Operator (1923) by Edwin Lefèvre, considered the greatest trading book ever written.

2.George Soros

His idea of trading laid  the foundation of technical trading and trend following systems. 

George Soros is one of the most famous forex traders in history, famously known for the 1992 trade that broke the bank of England. Along with trading George Soros was also a businessman, author, and philanthropist born in Budapest, Hungary on August 12, 1930. Soros runs a hedge fund called the quantum fund which gave an average return of 30% from 1970 to 2000, making him one of the most successful investors of all time with a net worth of $8.6 billion.

George Soros
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George Soros trading strategy

George Soros is a global macro trader i.e, he makes money by betting on large scale economic shifts like currency movements, interest rate changes, or political events.

  • Studies macroeconomic trends such as inflation, monetary policy, global capital flows.
  • Identifies overvalued currency or misspriced markets. 
  • Takes massive leveraged positions to profit from the correction in imbalance. 

In his famous trade of shorting British pound against the Deutsche Mark, he made over $1 billion in profit in a single day, earning him the title “The Man Who Broke the Bank of England.”

Soros is strongly self-conscious, adaptable and intuitive. He constantly mentions that he is just wealthy because he knows when he is wrong. His fortune is because of his flexibility in emotions like cutting losses instantly and doubling only when conviction aligns with reality.

Publication by George Soros.

  1. The Alchemy of Finance (1987)
  2. The Crisis of Global Capitalism (1998)
  3. The New Paradigm for Financial Markets (2008)

Soros has donated over $30 billion for democracy, human rights and education globally through his Open Society Foundations. 

3. Dr. David Paul 

Dr. David Paul born on 19th July 1955 was a Northern Ireland-based trader, psychologist and mentor who brought together behavioral science with technical trading, making him one of the first to link trading success and mindset. He established VectorVest UK and became widely respected for teaching traders the way to use psychology, discipline, and technical systems in order to make repeated profits. His legacy was to simplify the complicated trading patterns to the simple, practical habits. He was active in the market from the year 1985 – 2023 with a net  worth of US$1.4 billion. 

Dr. David Paul 
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Dr. David Paul trading strategy.

Dr. David Paul used to do swing trading using technical indicators, combined with psychological awareness.

  • Uses  technical setups such as RSI, moving averages, divergence for trade identification.
  • He waits until the price action is confirmed before entering.
  • Diversion towards low-risk entries and rigid stop-loss discipline.
  • Focuses on trading psychology by staying detached from outcomes and trusting the process.

After founding VectorVest UK, one of the most popular tools for traders in Europe, he became a leading educator on trading psychology. 

Dr. Paul was steady, patient and had a great depth of reflection. His greatest asset was the emotional balance, he sees the losses as a part of the process not a failure. His teaching was based on discipline, self observation and consistency. 

Dr. Paul is remembered as a mentor and teacher who made trading both scientific and human, teaching thousands of traders globally and influencing a new generation of mindful traders.

4.Peter Lynch

Peter Lynch is a legendary American investor, fund manager and author, famous for managing  Fidelity Magellan Fund between 1977 and 1990. Lynch popularised the phrase “invest in what you know”,encouraging investors to leverage personal knowledge and observation to spot winning companies. He was active in the market from 1966 – 1990 with a net worth of approx $450 million.

Peter Lynch
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Peter Lynch trading strategy.

Peter Lynch trading strategy is based on bottom up stock picking. 

  • Focuses on the company he understands.
  • Look for undervalued stocks with strong fundamentals.
  • Categorized companies into six types: slow growers, stalwarts, fast growers, cyclicals, turnarounds, and asset plays.
  • Hold long-term companies for long term 

Under Peter Lynch leadership, the fund increased from $18 million to $14 billion with annualized returns of 29%. 

Peter Lynch is curious, disciplined and patient. He does not panic sell, he does research and uses his knowledge rather than his gut feelings. His psychology encourages confidence backed by knowledge, rather than emotional reactions to market swings.

Publications by Peter Lynch

  • One Up On Wall Street (1989)
  • Beating the Street (1993)
  • Learn to Earn (1995)

Peter Lynch was also a philanthropist, contributing through the Lynch Foundation, supporting education and healthcare. He popularized GARP investing, influencing both individual and institutional investment strategies.

5.Paul Tudor Jones 

Paul Tudor Jones, born on September 28, 1954 is an American billionaire, investor, hedge fund manager and philanthropist, known for his macro trading and risk management strategies. Paul is the founder of Tudor Investment Corporation and gained fame for predicting and shorting the stock market crash of 1987 (The Black Monday). Jones combines technical analysis with macroeconomic insight, creating a dynamic, opportunistic trading style. He has been active in the market since 1976with a net worth of $7.5 billion.

Paul Tudor Jones 
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Paul Tudor Jones trading strategy.

Paul Tudor is a global macro trader, using technical analysis, trend-following, and macroeconomic insights to guide trades.

  • Analyzes economic indicators and market trends to forecast opportunities.
  • Uses technical setups to enter and exit positions precisely.
  • Focuses on high-conviction trades with strict risk management.
  • Emphasizes short-term gains while keeping an eye on macro trends.

He made a profit of over $100 million by correctly predicting the 1987 market crash. Tudor Investment Corporation has given an average annualized return of 20 – 25%.

Jones is a disciplined, instinctive and emotionally controlled person. In his opinion, defense is more important than offense, protecting capital comes first. His strength lies in the ability to change quickly, and use data, rather than ego.

Paul Tudor Jones is also a founder of Robin Hood Foundation, which has donated $2 billion to fight poverty in New York, supported education, and healthcare. 

6.Stanley Druckenmiller

Stanley Druckenmiller is an American hedge fund manager and investor, known for his lead role as portfolio manager in George Soros’s Quantum Fund during the famous 1992 “Black Wednesday” trade. Druckenmiller later founded Duquesne Capital focusing on macro investing and risk management. He was active in the market from 1977 – 2010 with a net worth of $6.9 billion according to forbs. 

Stanley Druckenmiller
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Stanley Druckenmiller trading strategy.

Druckenmiller was a macro trader betting on global economic trends, currencies, interest rates, and equities.

  • Focus on big macro economic trends instead of individual stocks. 
  • Use leverage to amplify the profit.

As a lead portfolio manager in George Soros’s Quantum Fund, he helped to achieve more than 30% annualized returns, including the $1 billion profit shorting the British pound in 1992.

Druckenmiller is patient, disciplined and very adaptable. He avoids overconfidence and does not use ego to make trades. The most important element of his psychology is the ability to determine when to risk and when to step back,  balancing between aggressiveness and capital protection.

He is also a major philanthropist donating over $500 million to education and medical research. Mentored many traders and influenced modern macro hedge fund management.

7.Jim Rogers 

Jim Rogers, born on October 19, 1942, is a legendary American investor, financial commentator, and author known for his expertise in commodities and global macro investing. Rogers co-founded the Quantum fund with another legendary figure, George Soros, which delivered extraordinary returns, outperforming the S&P 500. As of today, Jim Rogers’s net worth stands at $360 million and he has been active in the market since 1970s. 

Jim Rogers 
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Jim Rogers trading strategy.

Jim Rogers is a macro trend investor. He avoids speculation or short-term trading.

  • He looks at global trends such as inflation, supply shortages, or rising demand.
  • Buy undervalued commodities poised for growth.
  • Holds the position for years until it turns profitable.

Jim Rogers achieved a massive return of 4,200% in seven years, whereas the S&P 500 rose just 47%. 

Rogers is curious, contrarian, and fearless. He has trust in his research over media rackets and has the spirit of an explorer – literally traveling to countries to confirm what he thinks. He is one of the most open-minded investors of all times because of his patience, global outlook and independent thinking.

Publications from Jim Rogers.

  • Investment Biker (1994): Talked about his journey around the world on a motorcycle studying economies.
  • Adventure Capitalist (2003): A deeper look at investing across 116 countries.
  • Hot Commodities (2004): Explains why real assets outperform over time.
  • Street Smarts (2013): His memoir and lessons on global investing.

Jim Rogers donates to education initiatives, promoting financial literacy and encouraging young people to learn economics, geography, and history to understand markets.

8.Benjamin Graham

Benjamin Graham, also known as “Father of Value Investing,” was born on May 8, 1894, was an economist, investor, and professor who laid the foundation of modern fundamental investing. Benjamin Graham focuses on buying undervalued stock with long term vision. He was also a mentor of Warren Buffett. He was active in the market from 1914 – 1956. 

Benjamin Graham
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Benjamin Graham trading strategy. 

Graham focused on fundamental analysis and buying undervalued securities.

  • Calculated the intrinsic value of stocks based on earnings, assets, and dividends.
  • Purchased stocks trading at a significant discount to their intrinsic value.
  • Emphasized margin of safety to reduce downside risk.
  • Preferred long-term holdings over short-term speculation.

Benjamin Graham wrote the world famous book “The Intelligent Investor” (1949) which is also known as the bible of value investing.

Graham was logical, patient and disciplined. He put his reasoning above his feelings and taught investors never to be influenced by herd mentality, speculation, and panic. His method was more consistent and long term, which is the basis of value investing psychology.

Publications by Benjamin Graham 

  • Security Analysis (1934, with David Dodd)
  • The Intelligent Investor (1949)
  • The Interpretation of Financial Statements (1937)

Pioneered value investing, shaping modern investment practices. Influenced generations of investors, including Warren Buffett, Seth Klarman, and Joel Greenblatt.

9.Peter Tuchman

Peter Tuchman, often called the most photographed trader in Wall Street, is a veteran float trader in the New York Stock Exchange. He is famous for real time market reaction and iconic expressions. Known as a “human barometer” of Wall Street. Tuchman’s experience spans decades, giving him unparalleled insight into market psychology and behavior. Tuchman was born on December 23, 1957 and he has been active in the market since the 1980s with a net worth of $5-20 million. 

Peter Tuchman
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Peter Tuchman trading strategy.

Peter Tuchman trades on the NYSE floor using equity and ETF orders using his experience.

  • Places buy and sell orders on behalf of the institutional clients in real time.
  • Scans the market flow, price movement and liquidity to optimize the execution.
  • Relies on experience and pattern recognition rather than sophisticated algorithms.
  • Responsive to news of the market in order to achieve optimum results of the trade.

Peter Tuchman has maintained a decades-long career on the NYSE floor, witnessing multiple market cycles including the 1987 crash, dot-com bubble, and 2008 crisis. 

Tuchman is vigilant, flexible and highly observant.. His psychological advantage is the decades of experience, the ability to perceive the market on the spot, and behave under the pressure without hesitation. He embodies the human aspect of trading in a world increasingly dominated by algorithms.

He represents the importance of the human element in trading, bridging the gap between institutional markets and public perception.

10.Bill Lipschutz

Bill Lipschutz, born in 1956 in Farmingdale, New York, USA is one of the most successful forex traders in history, famously known as the “Sultan of Currencies.” He turned $12,000 into $250,000 while studying at Cornell and later made $300 million per year trading Forex at Salomon Brothers.  He has been active in the market since 1982 with a net worth of approximately $3 billion as of 2025. 

Bill Lipschutz
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Bill Lipschutz trading strategy.

Bill Lipschutz focuses on position sizing, risk control, and understanding market sentiment.

  • Places fewer trades but with high conviction
  • Trades global currencies based on macroeconomic sentiment & capital flow
  • Exits quickly when proven wrong — no ego
  • Scales into winning trades, not losing ones

He founded Hathersage Capital Management, a highly respected global macro fund.

Very relaxed, unemotional and risk obsessed. Lipschutz believes that trading is 80% psychology and 20% analysis. He accepts being  wrong often, but never will he allow one loss to be fatal.

Helped elevate forex trading into a respected institutional asset class. 

11.Thomas Bulkowski

Thomas Bulkowski born in 1957 is an American trader, investor and author best known for his research on chart pattern and technical analysis. His research became the foundation for technical analysis and chart patterns, helping the generation of technical traders. He has been active in the market since 1981. 

Thomas Bulkowski
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Thomas Bulkoski trading strategy

The strategy of Thomas Bulkowski is based on the chart patterns formed by the price movement in the charts such as triangle, flags, or head-and-shoulders.

  • Research thousands of historical charts to determine regular price structures.
  • Calculates the probability and average returns following each pattern.
  • Trades only when price confirms the pattern e.g breakout of resistance or support.
  • Concentrates on risk/reward, pattern reliability and statistical edge.

Thomas Bulkoski created the most comprehensive statistical encyclopedia of chart patterns turning technical analysis from art into science. 

Bulkowski is systematic, patient and data-obsessed. He is not emotional in his decisions and uses hard evidence. His ability to analyze and his readiness to put all his assumptions to the test made him different from normal traders who acted on their hunches.

Publications by Thomas Bulkoski

  • Encyclopedia of Chart Patterns (1st Ed. 2000, 3rd Ed. 2021)
  • Getting Started in Chart Patterns
  • Visual Guide to Chart Patterns
  • Encyclopedia of Candlestick Charts
  • Trading Classic Chart Patterns

Bulkowski runs thepatternsite.com, a free educational resource for traders, helping bring credibility and structure to technical analysis.

12.James Simons 

James Simons is an American billionaire,mathematician, hedge fund manager and philanthropist born on 25th April 1938, widely remembered as a “Quant King”due to his Quantitative analysis and algorithmic investment strategies. He is a founder of hedge fund Renaissance Technologies which  manages $55 billion and the Medallion fund which is closed to outside investors has earned over $100 billion in profit since it was established. According to Forbes, James Simons has a real-time net worth of $28.1 billion and he is currently the 47th richest person in the world.

James Simons 
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James Simons trading strategy. 

James Simons didn’t trade like most people. He built computer models that analyzed enormous amounts of market data to find patterns invisible to humans.

  • Used statistics, pattern recognition, and machine learning to find repetitive price behaviors.
  • Designed automated trading systems that could execute trades within milliseconds.
  • Relied entirely on data, probability, and math — not on news, charts, or gut feeling.
  • Continuously refined algorithms based on new data and feedback loops.

The Renaissance Technologies and the flagship fund Medallion produced a 66% (pre fees) annualized and an approximate 39% (net fees) returns over 30 years.

Simons is analytical, humble, and very disciplined. He did not take the market emotionally, relying on his data rather than his intuition. His cool, tolerant and scientific thinking, made him remain consistent when others questioned his quant approach.

James Simons is also one of the largest philanthropist in the world, donating billions for science, education, and autism research through the Simons Foundation.

13.John Paulson 

John Paulson born on December 14, 1955, is an American billionaire hedge fund manager and a successful investor famously known for making a huge amount of money from the mortgage crisis during the 2007-2008 financial crisis. Paulson is the founder of one of the most famous hedge funds called “Paulson & Co” which focuses on mergers, arbitrages and special situations. According to Forbes, John Paulson has a real-time net worth of $3 Billion. 

John Paulson 
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John Paulson trading strategy.

John Paulson’s approach is primarily event-driven and contrarian investing, which focuses on distressed or mispriced assets.

  • Identifies systemic risks or market mispricings.
  • Uses derivatives like credit default swaps (CDS) to bet against overvalued assets.
  • Focuses on special situations such as mergers, bankruptcies, or distressed debt.
  • Holds positions until the market corrects or the event unfolds.

He made $15 billion in his short trade of the U.S. subprime mortgage market in 2007-2008. Personally he made  $4 billion from the housing crash. 

Paulson is analytical, patient, and contrarian. He thrives on independent research, trusts data over crowd sentiment, and isn’t afraid to bet against popular opinion. He is successful because he takes risks calculatedly and is able to remain focused when put under pressure.

Paulson has donated hundreds of millions through the Paulson Family Foundation, supporting education, healthcare, and disaster relief.

14.Steve Cohen 

Steve Cohen, born on June 11, 1956 is an American multi-billionaire, hedge fund manager, investor and philanthropist. Steve Cohen is best known for his uncanny ability to read markets and manage risk with surgical precision. He is also the founder and CEO of Point72 Asset Management. Steve is also the founder of SAC Capital Advisors which was once regarded as the most successful hedge fund. He has been active in the market since 1978 with a net worth of $17.5 billion, according to Forbes.

Steve Cohen 
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Steve Cohen trading strategy.

He is a multi-strategy trader who uses both, short term trading and fundamental investing. 

  • Trade both, short and long positions in stocks, options and derivatives. 
  • He has a team of analysts and quants to identify macro and micro opportunities. 
  • Uses information, market sentiment and right timing along with tight risk management.   

He has built the SAC Capital Advisors as one of the most profitable hedge funds, averaging 30%+ annual returns for two decades. His philosophy: Trading is about survival first, profit second.

Cohen is super disciplined and emotionless, known for his quick decision making. His philosophy: Trading is about survival first, profit second.

Being a philanthropist, Steve Cohen donated over $1 billion to healthcare, veterans, and autism research through the the Steven & Alexandra Cohen Foundation. 

15.Michael Marcus

Michael Marcus born on August 2, 1947, in Rhode Island is one of the legendary commodity traders of the 1970s who turned just $30,000 into over $80 million in less than two decades. Michael Marcus is famous for his aggressive yet disciplined trend following strategy. He never risked more than 5% of his trading capital per trade. He has been active in the market since 1972. 

Michael Marcus
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Michael Marcus trading strategy.

  • Buys strong trend early and holds until trend reversed
  • Add more positions to the winning trade and cut the loss position quickly. 
  • Avoids overtrading.

Michael Marcus turned $30,000 into $80+ million in his trading career and trained many traders including Bruce Kovner, who became a billionaire trader.

Marcus is extremely disciplined, patient, and humble. He waits for perfect setups, never forces trades, and emotionally stays detached from money. His strength is confidence in the trend — but zero ego when it reverses. 

Marcus inspired thousands of trend following traders and proved that a small account can be turned into a fortune with discipline.

16.Richard Dennis

Richard J. Dennis is an American commodities trader, philanthropist, and political activist born in January 1949 in Chicago. He is famously known as “Prince of the Pit”. He’s most famous for the Turtle Trading Experiment, where he proved that trading success can be taught with a strict rules-based system, not just talent. He has been active in the market since the 1970s.

Richard Dennis
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Richard Dennis trading strategy.

  • He trades breakout in commodities 
  • Follows pyramiding approach
  • Used strict stop-loss rules to exit fast when wrong

Richard Dennis turned $1,600 into $200 million trading commodities using this strategy, successfully proving his belief that trading can be taught via his Turtle Trading Experiment (1983).

Richard Dennis was extremely disciplined, rational, and fearless. He believed humans are the enemy of consistency, so he removed emotion and trusted data + rules completely. He never chased perfection, only survival and trend participation.

Richard Dennis revolutionised systematic trading by proving trading is 95% discipline, not IQ. 

17.Ray Dalio

Ray Dalio is an American billionaire investor, author, and philanthropist. He is founder of Bridgewater Associates, the world’s largest hedge fund managing over $150 billion. He is macro trader and economic thinker, studies global money flow, interest rates, inflation, and debt cycles. Dalio is also the author of the global bestseller “Principles,” teaching life and investing philosophies. Ray Dalio was born on August 8, 1949, in Jackson Heights and has been active in the market since 1975. 

Ray Dalio
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Ray Dalio trading strategy.

  • Analyses macro trends and economic cycles.
  • Allocate funds in different assets
  • Uses risk parity to balance portfolio risk, not just capital

Ray Daio also built an all weather portfolio which performs in all economic conditions. 

Dalio is obsessively rational, humble, and process-driven. He believes in radical honesty, independent thinking, and learning from mistakes. He removes ego from decision-making and embraces data and principles over emotions.

Publications by Ray Dalio.

  • “Principles: Life and Work” (bestseller, global influence)
  • “Principles for Dealing with the Changing World Order”
  • “The Debt Crisis” (macro-economic guidebook)

Ray Dalio educated the world about economic cycles, emotional discipline, and decision-making frameworks. His YouTube video “How the Economic Machine Works” has tens of millions of views.

18.Ed Seykota

Ed Seykota is an American commodities trader, systems developer, and one of the pioneers of computerized or algorithmic trading. Ed Seykota was born on August 7, 1946, in the Netherlands. He is one of the first people to build computer based trading systems and is considered the top 5 greatest trend followers in history. He has been active in the market since the 1970s with a net worth of $4.2 billion.

Ed Seykota
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Ed Seykota trading strategy 

Ed Seykota was a trend follower, using automation to follow trends.

  • He buys when trend begins and exits only when trend truly ends
  • He only reacts to price behavior and avoids prediction. 
  • Strict stop-loss + position sizing
  • Follows fully systematic approach to avoid emotional decision-making

In his trading career he turned $5,000 into $15,000,000+ as mentioned in the book “Market Wizards” within 12 years. 

Seykota believes trading failure is emotional, not technical. He masters his own mind first, then the market. Known for the quote “Everyone gets what they want from the market.” 

He inspired modern algorithmic and trend-following systems. His teachings shaped traders like Van Tharp, Tom Basso, Michael Covel

19.Mark Minervini

Mark Minervini, one of the most celebrated American investors, trader, Champion and author, known for growing small accounts into millions through disciplined growth trading. He is also a founder of Minervini Private Access (MPA), an exclusive mentorship and trading education platform. Minervini was born in 1965 and began trading in the 1980s with a very low level of education but a strong desire to learn to master the markets. He worked out an accurate trading model through trial, error and refinement making himself one of the most stable outperformers of the U.S stock market.

Mark Minervini
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Mark Minervini trading strategy 

Mark Minervini is a momentum and growth stock trader who invented the SEPA (Specific Entry Point Analysis) strategy.

  • He targets high-growth companies that have broken out of the correct technical foundations with good earnings and sales growth.
  • Minervini focuses on timing and risk management and utilizes tight stop losses (usually 5-10%) and waits until verified breakouts and does not anticipate moves.
  • He seeks stocks close to 52-week highs which have institutional accumulation and good relative strength over the market.

He won the US investing championship in 1997 achieving a return of +155%. In 2021 he again won US investing championship achieving a return of +334.8%

His trading philosophy is based on being disciplined, patient and precise because he believes that 80% of successful trading is psychological, and 20% is strategic.

Publications by Mark Minervini

  • Trade Like a Stock Market Wizard (2013) 
  • Think & Trade Like a Champion (2017)
  • Momentum Masters (2016, co-authored)

Mark Minervini’s journey from failure to mastery exemplifies the power of self-education, emotional control, and the relentless pursuit of excellence in trading.

20.Bruce Kovner

Bruce Kovner is an American hedge fund manager, investor, philanthropist,and one of the greatest macro and currency traders in history. Bruce Kovner is a founder of Caxton Associates hedge fund that managed over $14 billion at its peak. Bruce Kovner was born in 1945 in Brooklyn, New York and has been active in the market since 1977 with a net worth of $9 billion. 

Bruce Kovner
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Bruce Kovner trading strategy.

Bruce Kovner trades global currency, commodities and bonds based on interest rate and other macro trends. 

  • Analyse central bank action, inflation and global political shift.
  • Keeps tight stop loss of 1-2% of total trading capital.
  • Hold the winning trade for a month if the trend continues. 

Kovner’s hedge fund generated an average return of 20%+ for more than a decade and he turned $3,000 into multiple billions over career.

Kovner is calm, humble, and strongly disciplined. He believes survival and risk management are more important than prediction. He never hesitates to admit he’s wrong and exits fast.

21.Andy Krieger

Andy Krieger is a renowned American currency trader famous for executing one of the largest and most aggressive trades in forex history. While working at Bankers Trust in the late 1980s, Krieger earned legendary status for his massive short position against the New Zealand dollar (the Kiwi) after the 1987 market crash. He has been active in the market since 1986. 

Andy Krieger
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Andy Krieger trading strategy.

  • Andy Krieger’s trading edge is understanding macro imbalance and currency overvaluation. 
  • He analyse global macro trend and identifies currencies that were overbought or fundamentally weak
  • He takes short positions using high leverage.

His legendary short trade of New Zealand dollar made over $300 million in profit. Later worked with George Soros, contributing to his global macro operations.

Krieger is known for his fearless confidence, sharp focus and analytical intensity. His willingness to act decisively, when logic aligned with conviction,  shows mental discipline, contrarian courage, and intellectual precision.

22.David Tepper 

Devid Tepper is an American billionaire hedge fund manager, investor, and philanthropist. He is a founder and president of Appaloosa Management L.P., a globally renowned hedge fund specializing in distressed debt and value investing. Tepper is famous for turning deep market downtrend into massive opportunities. He has been active in the market since 1985 and has a net worth of $18.5 Billion according to Forbes. 

David Tepper 
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David Tepper trading strategy.

Devid Tepper makes money by buying distressed assets when everyone is panicking. 

  • Buys distressed assets like stocks or bonds of companies hit by financial trouble. 
  • Waits for the market to recover, as panic fades and price normalizes. 
  • Sell at huge profit when confidence returns. 

During the 2008 financial crisis, Tepper bought a massive amount of distressed financial companies like Bank of America and Citigroup, earning a profit of around  $7 billion. 

Tepper is psychologically fearless, rational, and highly opportunistic. He thrives in uncertainty, staying emotionally grounded while others panic. Known for his blue-collar work ethic and blunt honesty.

Tepper donated over $600 million supporting education, healthcare, and disaster relief through the David Tepper Foundation. 

23.Carl Icahn

Carl Icahn, February 16, 1936, is a great American investor, Billionaire, and one of the most activist shareholders in the history of Wall Street. He founded Icahn Enterprises Known for 30% annual compounded returns over decades, a diversified holding company spanning energy, automotive, real estate, and pharmaceuticals. He has been active in the market since the 1960s with an estimated net worth of $14.7 billion, according to Forbes.

Carl Icahn
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Carl Icahn trading strategy

Carl Icahn is an activist investor, here is what he actually does.

  • Purchases a large share in an undervalued and potential company.
  • Forces the management to change such as selling of assets, reducing costs or reorganizing.
  • Seeks positions on the board of directors or other leadership roles in order to get power.
  • Sells his shares when the value of the company increases as a result of reforms or hype.

Under Carl Icahn leadership, Icahn Enterprises became a multi-billion dollar conglomerate. His major invested companies include TWA, Texaco, eBay, Dell, Apple and Netflix.

Icahn is unremitting, confident and confrontational. He also thrives off conflict and is not afraid to take up even the largest CEOs. It is his independent thinking, psychological toughness and his faith in his own analysis that has made him a respected icon in the market.

He gives out millions of dollars to medical research, education and child welfare through the Icahn Charitable Foundation. He also invests in the Icahn School of medicine at Mount Sinai, New York, which is among the most renowned medical schools in the world.

24.Joe Lewis

Joe Lewis born on February 5, 1937 is a British billionaire investor, currency trader and the founder of Tavistock Group, a multi-national private investment association with over 200 company holdings in 13 countries. He has been active in markets since the 1960s and has a net worth of about $6.3 billion as of the 2024 Forbes list, making him one of the richest individuals in Britain.

Joe Lewis
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Joe Lewis trading strategy

Joe Lewis was mainly a macro trader. He bet on the long term economic trend rather than trading individual stocks.

  • Analyzed global economies such as  interest rates, currencies, and political moves.
  • Traded currencies like the British pound, dollar, and euro using leverage when he spotted imbalances.
  • Made big, bold bets when conviction was high, similar to hedge fund legends like Soros.
  • Later, he diversified through long-term private investments in companies, real estate, and sports.

Joe Lewis made billions of dollars in a short trade of the British pound, in 1992, in one of the most famous currency trades of all time, the Black Wednesday.

Joe Lewis was private, disciplined and patient. He avoided public attention, concentrated on the long term outcome and was legally disengaged in his trades. His self-possessed temper and decisive action in the international disorder, gave him the art of timing and conviction.

He funded medical research, education, and community services in the world through Tavistock foundation. His redevelopment projects in the Bahamas and Florida created thousands of jobs and modernized infrastructure in the area.

25.Bill Ackman

Bill Ackman is an American billionaire hedge fund manager, founder, and CEO of Pershing Square Capital Management, a prominent activist investment firm founded in 2004. Ackman is well-known for using significant stakes in companies to push for strategic changes in management and operations, aiming to increase shareholder value. He has been active in the market since 2004 with a net worth of $4 – 4.5 Billion. 

Bill Ackman
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Bill Ackman trading strategy.

Bill Ackman’s approach is called activist investing. Here’s what he actually does.

  • He identifies undervalued companies with strong potential but poor management systems. 
  • He takes a significant position, usually 5-10% in such companies to gain influence.  
  • He influences the management decisions, such as cost cuts, leadership shifts, or spinoffs.
  • He holds long-term until the market recognizes the improved value.

Influenced many major turnarounds in companies like Canadian Pacific Railway and Chipotle through activist campaigns.

Bold, aggressive, deeply confident, and extremely patient. Ackman can hold his belief even when the world is against him. He is media-savvy, strategic, and mentally bulletproof under criticism.

Bill Ackman has donated around 500 million to education, health, and social causes through his Pershing Square Foundation. 

26.Nicolas Darvas

Nicolas Darvas, born on February 5, 1937 was a Hungarian dancer, self-taught investor, and author. He gained fame for turning $10,000 into over $2 million during the late 1950s using his unique trading style known as Darvas Box Theory. He documented his trading method in the book “How I Made $2,000,000 in the Stock Market”. He has been active in the market since the 1960s with a net worth of $6.5 billion. 

Nicolas Darvas
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Nicolas Darvas trading strategy

  • Nicolas Darvas followed stocks that were breaking to the new high with rising volume. 
  • Marked the ranges known as boxes around price highs and lows. 
  • When the price broke above a box, that was his buy signal. His stop-loss was just beneath the box to limit the losses.
  • He’d move his stop loss up as the stock continued to break into new boxes, trailing profits.

Turning $10,000 into over $2 million in 18 months using this strategy made him a wall street legend.  

Darvas was psychologically very strong, methodical, patient, and detached, having the ability to cut losses quickly and let winners run. He treated trading like a science experiment- testing, observing, and adjusting without emotional involvement.

Publication by Nicolas Darvas

  • How I Made $2,000,000 in the Stock Market (1960) : one of the most popular trading books ever written.
  • You Can Still Make It in the Market: a follow-up refining his ideas.

Darvas inspired generations of traders to trust price action over predictions. His story popularized technical trading and breakout strategies, long before computers made them common.

27.Peter Schiff

Peter Schiff, born on March 23, 1963 is an American stockbroker, financial commentator, and radio personality. Peter Schiff co-founded Euro Pacific Capital (a brokerage/advisory firm), runs Euro Pacific Asset Management, and has a company known as SchiffGold that deals with precious metals. He has been in markets since the 1990s and has a net worth of approx US$70 million as of recent reports.

Peter Schiff
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Peter Schiff trading strategy 

  • Peter Schiff mainly invests in gold, silver, and foreign markets due to his strong bearish view on U.S. monetary policy, debt, and inflation. 
  • Peter Schiff believes that the U.S. economy runs on too much debt and money printing, where the dollar will lose value over time. 

He gained popularity for predicting the 2007-2008 financial crisis before many others did. 

Schiff’s mindset is strongly contrarian and deeply convinced. He doesn’t follow the crowd or change his views easily, even when people disagree. He takes decisions by logic, discipline, and a long-term belief that fundamentals always win over hype.

Publications by Peter Schiff.

  • Crash Proof: How to Profit from the Coming Economic Collapse
  • Crash Proof 2.0

Peter Schiff is a strong voice against central banks and excessive national debt. He raises awareness about inflation risks and promotes investing in gold, silver, and foreign assets to preserve real value in uncertain economic times.

28.Simon Cawkwell

Simon Cawkwell also known as Evil Knievil was born in April 1946 is a well-known British stock market commentator, share trader, and author. Simon Cawkwell is known for his expertise in short selling and making his predictions in the financial markets, including his successful bets against overvalued or faltering companies. He has been active in the market since the 1970s with an estimated net worth of $20–30 million. 

Simon Cawkwell
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Simon Cawkwell trading  strategy.

  • His core strategy is short selling. He finds overvalued companies, then loans out shares and sells them aiming to buy them back at a lower cost.
  • He particularly selects smaller and volatile stocks. The less scrutinized the better the opportunity of inefficiency in pricing.
  • He takes the basic analysis, such as financials, news, debt, management of a company and overlaid with some public statements highlighting what he sees as flaws, which sometimes amplifies market attention.

Using this strategy, Simon Cawkwell made large profits shorting companies like Polly Peck, Northern Rock, and Maxwell Communications.

Simon Cawkwell’s psychology is rooted in contrarian confidence and emotional resilience. He thrives on going against the crowd, trusts his analysis over popular opinion, and stays composed under criticism. His mindset reflects courage, independence, and a strong belief in rational judgment over market sentiment.

Publications by Simon Cawkwell.

  • Profit of the Plunge: How to Win Short Selling 
  • Bear Essentials: The Secret of Forensic Accounting and Profitable Trading 
  • Evils Good: Book of Boasts and Other Investments 

Simon Cawkwell made short selling more visible in the UK market. His public critiques force companies (and regulators) to be more careful with financial reporting and valuations.

29.Warren Buffett

Warren Buffett, often called the “Oracle of Omaha,” was born on August 30, 1930  is one of the most successful investors in history and the longtime Known for his extraordinary ability to identify undervalued companies and hold them for the long term, Buffer chairman and CEO of Berkshire Hathaway. It transformed Berkshire from a struggling textile company into a global investment powerhouse. His consistent success, humility, and discipline have made him a model for investors worldwide. Net worth of more than $130. 

Warren Buffett
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Warren Buffet Investing Strategy.

The strategy used by Warren Buffett is known as value investing, finding great companies trading at prices below their real worth and holding them for decades.

  • He buys businesses, not stocks: Buffett does not aim to trade to make short term profits; he invests as though he is purchasing the whole company.
  • He looks for economic moats: Businesses that have sustainable competitive advantages. 
  • He waits patiently for the right price: According to him price is what you pay, value what you get. Buffett only purchases a stock when it has been undervalued.
  • He avoids complexity: Buffett famously says he stays within his “circle of competence,” focusing on businesses he understands deeply, like consumer goods, banking, and insurance.

Using this strategy Warren Buffet delivered an average annual return of around 20% for over five decades, outperforming the S&P 500. Also Buffet built Berkshire Hathaway from a struggling textile company into a $900+ billion conglomerate. 

Warren Buffett’s edge lies in his patience, discipline, and control of emotions. He remains objective in a chaotic market, does not get greedy and frightened and waits patiently until the appropriate time comes, this attitude that has characterized his success in the long term.

Publication related to Warren Buffett. 

Buffett hasn’t written many books himself but inspired thousands of people. Recommended readings inspired by his philosophy.

  • The Essays of Warren Buffett (edited by Lawrence Cunningham)
  • The Intelligent Investor by Benjamin Graham (Buffett refers to it as the best book on investing of all time)

Warren Buffett is also known for promoting financial ethics, simplicity, and social responsibility in capitalism. He has donated over $50 billion to charitable causes, mostly through the Bill & Melinda Gates Foundation.

30.William Delbert Gann

W.D. Gann was an American trader, mathematician and market theorist famous for developing one of the most unique approaches to technical analysis, combining geometry and astrology with time cycles in order to predict the price movements. He operated in the market between 1902 – 1955. Established the W.D. Gann and Company that has provided market forecasting services and training. Also ran a brokerage firm in New York during the early 1900s.

William Delbert Gann
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William Delbert Gann trading strategy. 

W.D. Gann believed that market prices move in predictable geometric and cyclical patterns — because human behavior repeats over time.

  • He studied price, time, and pattern together: According to Gann, the key to the market turning points lies in the relationship between price movement and time.
  • He used angles and geometry: He made lines (called Gann Angles) on charts, e.g. 1×1, 1×2, 2×1, and so on, to determine the strength of the trend and possible reversals.
  • He followed time cycles: Gann used repeated cycles, such as 30, 45, 60, and 90 days, to predict the future highs or lows.
  • He used astrology and natural laws: He believed planetary cycles influence market psychology and timing.

Gann reportedly achieved a 92% accuracy rate in a 1909 stock and commodities forecasting test, where his predictions were published live by Ticker & Investment Digest.

Saw trading as a blend of science, art, and spirituality. Believed emotional control, patience, and timing were more important than just technical knowledge.

Publication by William Delbert Gann

W.D. Gann was also a prolific writer and educator. His works include:

  • Truth of the Stock Tape (1923)
  • How to Make Profits in Commodities (1941)
  • 45 Years in Wall Street (1949)
  • Several coded novels like The Tunnel Thru the Air (1927), which many believe hide his trading secrets.

The theories by Gann gave a new vision to the future generation of analysts in those markets by introducing the idea that markets have mathematical and cyclical order. His ideas are the basis of many modern methods, such as Fibonacci ratios, geometry-based analysis, etc. His followers and students still teach Gann trading techniques around the world.

31.Bill Gross

Bill Gross is an American investor, retired fund manager and one of the most influential fixed-income investors in modern history. Bill Gross is a co-founder of Pacific Investment Management Company (PIMCO), one of the largest investment companies in the world, which focuses on fixed-income investments. He earned the title of “Bond King” due to his specialization in macro-driven bond investing. He has been active in the market since 1971 – 2019 with a net worth of approx $1.5 – 2.5Billion. 

Bill Gross
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Bill Gross Trading strategy.

Bill Gross made his fortune by trading bonds not stocks.

  • He invested in the government and corporate bonds by forecasting changes in the interest rates.
  • When he expected rates to fall, he bought long-term bonds (the prices of the bonds increase when the rates decline).
  • When rates were expected to rise, he turned to short-term bonds.
  • He used leverage to purchase more bonds to increase returns.

Using this strategy, he built PIMCO Total Return Fund into the world’s largest bond fund, managing over $290 billion at its peak.

Bill Gross was known for being extremely analytical and disciplined, relying on macro data and yield models rather than emotions, constantly monitoring yield spreads, inflation data, and central bank moves.

Publications by Bill Gross.

  • Everything You’ve Heard About Investing Is Wrong!
  • Bill Gross on Investing

Bill Gross proved that the bonds can be actively traded like stocks, helping millions of investors earn consistent returns through fixed income products. Donated millions to charities, universities, and hospitals through the William and Sue Gross Family Foundation.

32.Larry R. Williams

Larry R. Williams is the legendary American trader, author and educator who has been operating in financial markets since the early 1960s. He was famous for his no-nonsense approach and deep understanding of the market cycle. Larry has traded futures, commodities and equities over the course of more than 60 years, creating systems that combine technical, seasonal and fundamental analysis. 

Larry R. Williams
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Larry R. Williams Trading Strategy:

Larry’s core philosophy revolves around markets in cycles, the cycles of commitment of traders (COT) information, and seasonal patterns.

  • He tracks the smart money: He monitors the Commitment of Traders (COT) report to find out whether big professionals are buying or selling.
  • He times entries using technical tools: He developed the Williams percentile ratio, the indicator that indicates when a market is over-bought (too high) or under-sold (too low).
  • He uses seasonal patterns: Larry examines repetitive calendar patterns (such as demand cycles) some commodities or stocks would be high at some time of the year.
  • He keeps trades short-term: The majority of his trades take between a few days and weeks.

Larry Williams shocked the trading world when he won the 1987 Robbins World Cup Trading Championship by achieving a return of 11,376% in a single year, which is still a record. 

Larry Williams embodies a rare mix of discipline, curiosity, and contrarian thinking. He frequently emphasizes that trading is 80% psychology and 20% is strategy. He believes that the traders should learn how to control themselves before knowing how to control markets.

Publications by Larry R. Williams

Larry is a prolific author. The following are some of his well-known works. 

  • How I Made One Million Dollars Last Year Trading Commodities (1973).
  • The Definitive Guide to Futures Trading (1988) restated version.
  • Trading secrets: Long-term secrets to short-term trading (1999).
  • Trade Stocks and Commodities with the Insiders (2005).

In addition to trading, Larry transformed complex institutional concepts like COT data into practical tools for retail traders. He also runs IReallyTrade.com, sharing ongoing market insights and data-driven forecasts.

What are the Trading Strategies Best Traders Uses?

There are seven major strategies best traders use. It includes global macro trading, quantitative (Quant) Trading, value investing, trend following, scalping, day trading, and swing trading.

  1. Global Macro Trading: Trading based on global macro factors such as interest rate, currencies, commodities, or global events like elections, wars, central bank policy. Famous traders like George Soros, Stanley Druckenmiller, and Ray Dalio used this strategy.
  2. Quantitative (Quant) Trading: This strategy involves 100% use of maths, algorithms, and statistical edge. It involves super fast system based execution and zero emotion. This strategy is famously used by Jim Simons making an average annual rate of 66%.
  3. Value Investing: This strategy involves buying fundamentally strong stocks which are undervalued. This strategy has a long holding period for profit.  This strategy is famously used by Warren Buffett, Benjamin Graham, and Peter Lynch.
  4. Trend Following: In this strategy trader enters the breakout or trend reversal until the trend continues. This strategy sometimes gives big returns with small risks. This strategy is famously used by Paul Tudor Jones, Ed Seykota, and Richard Dennis.
  5. Scalping: This is very fast trading, usually within seconds to minutes. It gives small profit but more trades. These strategies are mostly used by HFT firms (High frequency trading). Traders doing scalping usually trade price imbalance.
  6. Day Trading: In this type trader enters and exits within the same day. This strategy helps traders to avoid overnight risk. It is famously used by Ross Cameron, Dan Zanger, and intraday prop traders.
  7. Swing Trading: In this trading style, traders hold positions for 2 days to 2 weeks. Riding short-term market swings. Famously used by Jesse Livermore, Mark Minervini, and Larry Williams

This broad yet precise understanding of trading strategies frames why these approaches remain the backbone of professional trading worldwide.

What Makes a Trader the “Best”?

By studying these legendary traders, we can see a few common qualities which make them best. 

  1. They Have a Clear Edge and Use It Ruthlessly

They don’t try everything, they master one sharp strategy and master it. 

  • Livermore = trend & tape reading
  • Simons = quantitative math pattern edge
  • Buffett = business-value compounding
  • Soros / Druckenmiller = macro reflexivity & imbalance
  • Jhunjhunwala = visionary conviction in India
  • Michael Marcus / Dennis / Seykota = brutal trend following

They win because they are specialised, not because they know more.

2. Extreme Risk Management

Every great trader protects the downside like a paranoid animal.

  • Paul Tudor Jones says “Don’t focus on making money. Focus on protecting what you have.”
  • Simons  says “loses small, wins massively”
  • Livermore says “cut losses instantly”

You can blow up only once. You can win forever.

3. Psychological Control  

Best traders’ battles are not with the market, but with their own mind.

  • Livermore: losses came when emotion took over
  • Buffett: “Be fearful when others are greedy…”
  • Krieger / Tepper: deadly calm during chaos
  • Simons: Use pure math  to avoid emotion

Best traders do not react to markets, they respond with discipline.

4. Adaptability 

Best traders evolve with the Market Cycle, bad traders do not.

  • Soros evolved from philosophy → macro hedge fund titan
  • Buffett shifted from “cigar butts” → quality compounding
  • Raamdeo Agrawal → created QGLP after years of evolution
  • even Gann blended astrology + geometry → future-based thinking

Losers force the market to adapt to them. Winners adapt to the market.

5. Asymmetric Thinking 

Best traders don’t bet more, they bet smarter.

  • Soros &  Krieger shorted entire currencies  once in a decade trades
  • Paulson trade in 2008 housing crisis was a perfect timing
  • Darvas only bought 52-week highs with volume

Best traders wait and attack only when risk is tiny and reward is absurd.

These insights encapsulate the qualities that aspiring traders should develop to emulate the elite in the trading profession.

How to Become a Great Trader?

To become a great trader, focus on developing skill, discipline, and adaptability over time. Here are six important points to keep in mind in order to become profitable. 

  1. Build strong market understanding: Learn about market structure, market trends, market sentiment and how different timeframes interact.
  2. Choose One Trading Style & Go Deep: Don’t try everything, pick one and master it. Great traders specialize first and diversify later.
  3. Develop a Rule-Based approach: Your entry should be logical and prediction. Develop a system which gives you entry signal, confirmation and target / stoploss point.
  4. Develop strong psychology: Market rewards discipline not motivation. Detach yourself from PnL and focus on execution. As Larry Williams says “trading is 80% psychology and 20% is strategy”.
  5. Track & Evolve: Maintain a trade journal and track your trading like mistakes, emotions, setups, win-rate, drawdowns, and holding duration. It helps find your strength and weakness to work on.

Great traders are students forever, they remain humble to the market, always learning, adapting, and evolving with every cycle. True greatness isn’t about predicting the future, it’s about continuously upgrading yourself to stay aligned with it.

Who is the Greatest Trader of All Time?

While there are many legendary names in trading history, Jesse Livermore is widely regarded as the Greatest Trader of All Time.

Jesse Livermore started trading at age 14 with just $5 and turned multiple fortunes from big market crashes. He Made $100 million (in 1929) which is equal to $1.7 billion today. Jesse Livermore used to trade with price action and trend trading decades before charts even existed digitally. His trading psychology lessons are still taught today. Paul Tudor Jones said “Everything I’ve ever learned in the market, Jesse Livermore said it first.

Why Livermore stands above others.

  • Predicts and sorts the entire market before a major crash.
  • Follows “Pyramiding” & “Follow the Tape” strategy.
  • Used no indicator, only price action.
  • Knew human emotion drives the market more than data. 

But what about the modern era? Jim Simons, founder of Renaissance Medallion Fund is considered the best trader with 66% average annual return for over 30+ years. He runs a fully quant based system and is often called as “GOAT of modern algorithmic trading”.

TraitWhy Livermore Stands Above Others
Fearless but CalculatedShorted entire markets before major crashes
Trend MasterCreated “Pyramiding” & “Follow the Tape” strategy
Pure Price ActionNo indicators — just tape reading & trend
Psychology GeniusKnew human emotions drive markets more than data

Who are The Most Successful Day Traders?

The most successful day traders are George Soros, Jesse Livermore, Jones, Paul Tudor, Cohen, Steven A. and Dennis Richard. 

  • George Soros: Famous for “breaking the Bank of England” in 1992 by shorting the British pound and earning over $1 billion in a single day. Renowned for making audacious macrotrades based on in-depth knowledge of the economy and a high risk tolerance.
  • Jesse Livermore: A legendary trader from the early 1900s, he made enormous profits during the 1929 and 1907 market crashes. pioneer of risk management techniques like pyramiding and price action trading.
  • Jones, Paul Tudor: Renowned for foreseeing the 1987 stock market crash (Black Monday) and making enormous profits from it. Integrates market timing, risk management, and technical analysis.
  • Cohen, Steven A.: A very successful hedge fund manager who prioritized advanced research and short-term trading. Founder of SAC Capital Advisors, a firm renowned for its consistently high returns.
  • Dennis Richard: Known as the “Prince of the Pit,” he traded futures and made millions of dollars from a small initial investment. Co-founder of Turtle Trading, a trading system that emphasizes mechanical, rule-based discipline.

These traders stand out for their exceptional skill, strategic insight, and consistent success in fast-paced trading environments. Their approaches range from macroeconomic speculation to technical trading systems and rigorous risk control.

Who are the Popular Swing Traders in the World?

  • Paul Tudor Jones: He is renowned for his ability to combine technical analysis and macro insights to predict the 1987 market crash and make a sizable profit. He is the founder of Tudor Investment Corp. and is renowned for his stringent stop-loss guidelines and risk management.
  • Michael Steinhardt: He is a legendary contrarian hedge fund manager who uses in-depth fundamental analysis to trade against trends. disciplined, patient, and economically oriented.
  • Nicolas Darvas: Creator of the Darvas Box Theory, he turned $25,000 into $2 million in 18 months by trading price breakouts with strict stop-loss discipline.
  • Andy Krieger: Known for shorting the New Zealand dollar in 1987 with a record-breaking position, using options and leverage to exploit overvalued currencies.
  • George Soros: “The Man Who Broke the Bank of England,” he made $1 billion shorting the pound in 1992. A master of macro trading and market psychology.

These traders excel by combining technical analysis, macroeconomic foresight, and disciplined risk control to capitalize on medium-term price moves in markets such as equities, currencies, and commodities.

Most Successful Traders by ROI

The list of successful traders by ROI is given below in the table with their key strategy, net worth and achievements, Avg ROI and active period. 

RankTrader NameMajor AchievementPeak / Avg. ROINotable StrategyActive Period
1Larry R. WilliamsTurned $10,000 into $1 million in 12 months (Robbins World Cup)11,000% annual ROIShort-term derivatives, seasonal & COT-based trading1980s
2Jim SimonsFounder of Medallion Fund — most profitable hedge fund ever66% annualized (pre-fee) / 30–40% post-feeQuantitative, algorithmic trading1982–present
3Paul Tudor JonesPredicted & profited from 1987 Black Monday crash100%+ annual ROI (early years)Macro trend-following, strict risk control1980s–present
4George Soros“Broke the Bank of England” — $1B profit in 1 day~70% ROI on 1992 GBP shortGlobal macro + reflexivity theory1970s–2000s
5John D. ArnoldEnergy derivatives billionaire via Centaurus Advisors317% best year, avg. 130%+Algorithmic energy market arbitrage2000s
6Richard DennisTurned $1,600 into $200M12,400% cumulative ROI (12 yrs)Systematic trend-following (Turtle Trading)1970s–1980s
7Steven A. CohenFounder of SAC Capital & Point7229% annual ROIHigh-frequency, information-driven trades1990s–present
8Jesse LivermoreShorted 1929 crash — earned ~$100M (≈$1.6B today)>1000% during crashesPyramiding momentum + tape reading1900s–1930s
9John PaulsonMade $4B+ shorting U.S. housing market (2008)590% ROI on specific fundsSubprime mortgage CDS short2000s
10David TepperBet on distressed banks during 2008 crisis120% fund ROI (2009)Distressed debt + contrarian macro1990s–present

This table showcases why these traders are cited as models of consistent, high-return market achievement across multiple asset classes.

Top 10 Richest Forex Traders

The list of top 10 richest forex traders is given below in the table with their key strategy, net worth and achievements.

S.NoNameTrading StrategyNet Worth (Approx.)Biggest Achievement
1George SorosGlobal macro — high-leverage currency bets$6–7 BillionMade $1B in a day shorting the British Pound (1992).
2Stanley DruckenmillerMacro trend trading$6 BillionWorked with Soros; helped break the Bank of England.
3Paul Tudor JonesTechnical + macro trend reversal$8 BillionPredicted 1987 crash & multiple macro trades.
4Andrew KriegerAggressive leveraged forex trading$100M+Made $300M shorting NZD in 1987.
5Bill LipschutzRisk-controlled institutional forex trading$2 BillionTurned $12K into $250M trading currencies.
6Bruce KovnerMacro + global currency trading$6.8 BillionFounder of Caxton Associates; quiet forex legend.
7Joe LewisMacro currency & long-term FX positioning$6 Billion+Bet against GBP with Soros; owns Tottenham Hotspur.
8Michael MarcusTrend-following & commodities + forex$1.2 BillionMentored Lipschutz; famous Turtle Trader.
9John R. Taylor Jr.Quantitative & algorithmic forex models$1 Billion+Pioneer of quantitative FX at FX Concepts.
10Peter CruddasForex brokerage + active FX trader$1.3 BillionFounder of CMC Markets, major FX broker.

This list sets the benchmark for success and influence in the forex trading arena globally.

Best Day Traders in the World

The list of best day traders in the world is given below in the table with their key strategy, net worth and achievements.

NameTrading StrategyNet Worth (Approx.)Achievements
Paul Tudor JonesTechnical + macro trend trading$8 BillionPredicted 1987 crash; founder of Tudor Investment Corp.
George SorosGlobal macro & currency trading$6–7 BillionFamously made $1B shorting the British Pound in 1992.
Jesse LivermoreMomentum & tape readingHistorical (early 1900s)Known as “The Great Bear of Wall Street”; legendary day trader.
Steven CohenHigh-frequency & information-based trading$19 BillionFounder of SAC Capital & Point72; known for precision short-term trades.
Andy KriegerCurrency & leveraged tradingEstimated $100 Million+Made $300M profit shorting NZ Dollar in 1987.
Nick LeesonArbitrage & derivatives tradingHistoricalCaused Barings Bank collapse; serves as a cautionary tale.
Ross CameronMomentum day trading (small caps)$10–15 MillionFounder of Warrior Trading; known for live trading education.
Timothy SykesPenny stock day trading$15–20 MillionTurned $12,000 into $1.6M trading penny stocks.
Dan ZangerChart pattern trading$25–30 MillionHolds record for 29,000% return in 2 years; expert in chart analysis.
Michael BurryValue & event-driven trading$300 Million+Predicted 2008 crash; founder of Scion Capital.

These individuals represent the highest standards in day trading, with their success stories providing both lessons and inspiration for traders worldwide.

Best Crypto Traders in the World

The list of best crypto traders in the world is given below in the table with their key strategy, net worth and achievements. 

NameTrading StrategyNet Worth (Approx.)Achievements
Changpeng Zhao (CZ)Long-term holding & exchange-backed investments$15–20 BillionFounder of Binance, world’s largest crypto exchange.
Michael SaylorBitcoin accumulation (HODL strategy)$4–5 BillionMade MicroStrategy a major Bitcoin holder (over 200K BTC).
Arthur HayesLeverage & derivatives trading$700 Million+Co-founder of BitMEX; pioneered crypto perpetual futures.
Sam Bankman-Fried (before FTX collapse)Quantitative & arbitrage tradingPeaked at $26 BillionFounded FTX & Alameda Research; known for arbitrage trades between exchanges.
Brian ArmstrongStrategic long-term investing$5–6 BillionCEO & Co-founder of Coinbase, first listed U.S. crypto exchange.
Tyler & Cameron WinklevossBitcoin & early crypto investments~$2 Billion eachEarly Bitcoin billionaires; founders of Gemini Exchange.
Justin SunActive DeFi trading & blockchain investments~$1.5 BillionFounder of TRON; active in DeFi and NFT projects.
Robert LeshnerYield farming & protocol investing~$400 MillionFounder of Compound Finance; innovator in crypto lending.
Dan MoreheadMacro crypto investing~$300 MillionFounder of Pantera Capital, one of the first crypto hedge funds.

This table offers a well-rounded view of globally renowned crypto traders and why they are considered benchmarks for excellence, scale, and innovation in the cryptocurrency space.

Best Stock Market Traders in India

The list of best traders in India is given below in the table with their key strategy, net worth and achievements. 

NamePrimary StrategyNet Worth (Approx.)Notable Achievements
Rakesh JhunjhunwalaLong-term value investing₹35,000+ crore (2022)“Big Bull of India”; turned ₹5,000 into ₹35,000 crore; iconic Titan investment
Radhakishan DamaniValue & defensive investing₹2,00,000+ crore (2025)Founder of DMart; mentor to Jhunjhunwala; retail market king
Vijay KediaSmall & mid-cap multibaggers₹1,000+ croreEarly multi-bagger calls like Atul Auto, Cera, Sudarshan Chemical
Porinju VeliyathContrarian small-cap bets₹200+ croreFounder of Equity Intelligence; famous for bold, high-risk predictions
Raamdeo AgrawalQGLP (Quality, Growth, Longevity, Price)₹1,000+ croreCo-founder of Motilal Oswal; influenced wealth-creation policies
Ashish KacholiaResearch-based small-cap investing₹800+ croreKnown as “Big Whale”; spots silent multi-baggers early
Dolly KhannaEmerging sector value investing₹400+ croreKnown for niche, under-the-radar sectors (chemicals, textiles, plastics)
Nemish ShahDeep value & fundamentals₹600+ croreCo-founder of ENAM; highly respected among D-street veterans
Anil Kumar GoelSectoral rotation (small/mid-cap)₹500+ croreMaster of sugar, chemical & cyclical sector plays

This table gives a comprehensive perspective on the leading Indian stock market traders, their investment philosophies, and why they are considered benchmarks in the industry.

Page Contributers

Arjun Remesh

Arjun Remesh

Head of Content

Arjun is a seasoned stock market content expert with over 7 years of experience in stock market, technical & fundamental analysis. Since 2020, he has been a key contributor to Strike platform. Arjun is an active stock market investor with his in-depth stock market analysis knowledge. Arjun is also an certified stock market researcher from Indiacharts, mentored by Rohit Srivastava.

Sunder Subramaniam

Sunder Subramaniam

Content Editor

Arjun is a seasoned stock market content expert with over 7 years of experience in stock market, technical & fundamental analysis. Since 2020, he has been a key contributor to Strike platform. Arjun is an active stock market investor with his in-depth stock market analysis knowledge. Arjun is also an certified stock market researcher from Indiacharts, mentored by Rohit Srivastava.

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