More here
1 Like
Source: Traders Union
Soros began his trading career while attending school. He developed a very unique strategy that ultimately led to his success – He took highly leveraged positions that were based specifically on how currency rates were moving. In 1992, he used that strategy and held a short position against the U.K. pound during the famous Black Wednesday crisis. He predicted a number of different factors that would leave banks vulnerable, and the trade he made earned him a whopping $1 billion.
