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Billionaire Currency Trader: The Man Who Broke the BOE
George Soros netted a profit of over 1 Billion Euro in 1992. Find out more about his strategy and what he is trading today. Remember Black Wednesday? On September 2nd,1992, George Soros became known to history as the “Man who broke the Bank of England.” On that day, George Soros sold short more than $10 billion in Pounds Sterling netting a profit of around 1 Billion Euro. Let’s delve further into Soros’ strategy, philosophy, and his current moves. Strategy Simple economics: Soros trades within boundaries derived by rules. By doing so and by understanding the dynamics between economic giants in Europe, he puts ... (full story)
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