Successful Stock TradersHere is a list of some of the most successful stock traders and we will talk about their strategy, Many of them are momentum traders looking for the best stocks in the best group .
Michael Marcus- $ 30,000 into 80 million Tom baldwin-$25,000 into over 2 billion Paul Tudor Jones –Triple digits 5 years in a row Ed Saykota -$ 250,000 into $200 million Richard Dennis-$ 2,000 into $ 200,000 Nicholas darvis -$10,000 into $ 2 million 18 months Jesse livermore- $ 500 into $ 100,000,000 Michael lauer – 50 fold return over 7 years Steve Cohen- manages billions and averages 90% yearly Steve Lescarbear- 70% yearly Mark Minivini -220% past 5 years Dan -------- $ 10,000 into 40 million 23 months William O`neil- I.B.D. Investors Business daily - millions Gary Smith started with $2,200 and turned it into a annual profits of $ 190,000 Gil Morales in 1999 had a one year return of 971 % then by 2004 in a bear market had returns of 2000 %, now he is chief portfolia manager for sierra capitol Ced Moses in 1991 won the championship with a 379% return and started a hedge fund and became known on the Nelson`s list-as one of the best money manager`s Some of them were, and some are still great successful stock traders.
Most of them are Momentum stock traders and are waiting for the perfect set-ups to trade and when that happens they load up on that stock and watch it move fast, they can double their money in 6-12 months most of the time.
Look at the stock below, that was a kind of perfect set-up, its called a wedge. symbol------- RTI-------- below
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