Top 5 Traders who are now “DEAD”

Top 5 Traders who are now Dead – Trading Fuel: These traders are considered to have made the biggest deals in the century and have done wonders in the stock market.

Top 5 traders who made fortune in the stock market and are now dead:

This list is exhaustive.

So we have taken the top 5 stock traders.

The following are the top 5 stock traders who made fortunes in the stock market and are now dead:

1. Jesse Livermore:

• Jesse Livermore has a profit on trade of around $100 million.
• This name is very much associated with trading excellence.
• He was the first person in history to have introduced the concept of “short-selling“.
• He shorted the market when the 1907 crash happened, which made him richer to the tune of $100 million.
• He became more famous during the 1929 market crash.
• During this time, he short-sold the entire market.
• This proved his intelligence as well as his balanced level of short-selling.
• He, in person, had a very controversial image.
• The main reason for this was that he had three marriages.
• His first marriage lasted from 1900-1917; his second marriage from 1918-1932, and his third marriage from 1933-1940.
• He had two children.
• He has written the most famous book on the stock market as well: Reminiscences of a Stock Operator.
• He lost all the earned money in 1934 and eventually, in 1940, he took his own life.

More About: Jesse Livermore

2. William Delbert Gann:

• William Delbert Gann was a trader who used several market forecasting methods that were based on geometry, astrology, and ancient mathematics.
• He owned several mysterious tools such as Gann angles, Gann fans, and Square of 9.
• He also wrote several books, like 45 Years on Wall Street, The Magic Word, etc.
• He married twice.
• His first marriage was from 1901–1908, and the second one was from 1944–1955.
• He had only one child.
• He died in the year of 1955 at the respectable age of 77 years.

Learn More: GANN THEORY – SQUARE OF NINE & CALCULATOR

3. Jean Paul Getty:

• Getty was considered to be the godfather of trading.
• He was known for his well-known quote: “I buy when everyone else is selling.”
• He made his first profit when he was just 23 years old and invested the same profit in his father’s family business of oil.
• Apart from his income from the oil business, his main income came from stocks.
• During his trading career, he owned 1/900 of the US economy, which came to $160 billion today.
• He wrote the book: How to be Rich, which provides the strategy for being rich.
• He got married five times.
• His first marriage was from 1923-1926; his second marriage from 1926-1928; his third marriage from 1928-1932; his fourth marriage from 1932-1936; and his fifth marriage from 1939-1958.
• He also has five children.

Know More About: Jean Paul Getty

4. Andrew Krieger:

• The list of the best forex traders is empty without Andrew Krieger.
• Many considered him to be the most aggressive as well as a well-known trader of his era.
• During the aftermath of the Black Monday crash in October 1987, when most of the markets spiraled downwards by at least 20%, he was the one to identify the New Zealand dollar as being overvalued.
• He also heavily leveraged a short position against the currency, which was also worth hundreds of millions of dollars.
• It was a fact that his short position was so high that it was rumored that he had exceeded the entire money supply of New Zealand at that time.
• Through this, the New Zealand dollar fell by 5% and his employers earned a profit of over $300 million.

Know More About Andrew Krieger

5. Rakesh Jhunjhunwala:

• Rakesh Jhunjhunwala was named as India’s Warren Buffet.
• He was also known as the Big Bull.
• He began his investment with just Rs. 5000 and now has a net worth of around Rs. 50,000 crores.
• He was also the 438^th richest person in the world.
• He was also a partner in his own asset management firm, Rare Enterprises.
• He was also the chairman and director of several companies.
• He was the founder of Akasa Air.
• His stock market predictions and bullish outlooks were widely known by the public.
• His wife is Rekha Jhunjhunwala.
• Recently, Rakesh Jhunjhunwala died of a kidney ailment.
• He also has three children.

Know More:

Conclusion:

We hope that the above blog states well the best traders who made their fortune in the share market are no more.

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