Additionally, make sure your bio uses specific keywords to reach your niche audience and optimize SEO like forex, options, trading the markets, etc. Provide links to your website or blogs in addition to your affiliate links; includes your branded hashtag; and contains a call-to-action and contact information. This can be achieved by providing valuable content, i. Provide trading tips or your personal trading strategies or stock picks.

Inspire them with great trading choices and their outcomes. Update them on the latest trading platforms and coolest trading apps such as AvaTradeGO. Create an organized hashtag list that you can refer to at your convenience. Then, be sure to stay active. Very important: Attach your logo or company name to the images you post — this will ensure that the image remains yours and yours only and will prevent other affiliate sites from stealing it. Last but not least, feature posts from other accounts but with similar themes to yours to connect with even more people and increase engagement.

Instagram stories drive a lot of engagement and value and can increase your credibility and approachability. You can use Instagram stories to promote your forex affiliate marketing business through several ways: For example, you can demonstrate how potential clients can earn money by trading with your partner-broker; post news or updates about the forex industry or the latest trading platforms and apps and how they are beneficial, preview a blog post, or give a shoutout to your partner-broker if he has an account , those who work with you or follow you — a great way to nurture relationships.

Generate more interest and attract more followers through contests, special hashtags, and giveaways for example, an eBook on forex trading tips. With this strategy, it is less important to be right or wrong. In this case, timing has a focus. Instead, it focuses on the value of maximizing opportunities in which you are right and minimizing your damage in situations where you are wrong. As Druckenmiller stated when interviewed for the celebrated book 'The New Market Wizards', "there are a lot of shoes on the shelf; wear only the ones that fit".

Oddly enough, Bill Lipschutz earned hundreds of millions of dollars in profits at the FX department of Salomon Brothers in the s - despite having no previous experience in currency markets. And, like our other successful Forex traders, the Sultan believes market perceptions influence price action as much as pure fundamentals do. Lipschutz also agrees with Stanley Druckenmiller's view that when you are considering how to be a successful trader in Forex, your success is not dependent on being right, and, in fact, more often than not you are wrong.

Instead, he stresses that you need to work out how to make money when being right only 20 to 30 percent of the time. Lipschutz also stresses the need to manage risk, saying that your trading size should be chosen to avoid being forced out of your position, if your timing is inexact. Any list of the best Forex traders on Earth would be incomplete without mentioning Andrew Kreiger.

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He went short on the currency at a leverage of ; exceeding the actual circulating liquidity of the currency. Interestingly, he went on to work with George Soros in the future. Easily one of the best Forex traders ever is Paul Tudor Jones, who also shorted the October market crash. Born in , Jones earned a degree in Economics from the University of Virginia, in He actually started his career as a clerk on the trading floor. He founded his own firm, Tudor Investment Corporation. Tudor Jones ended up taking his firm to new heights. Michael Marcus is one of the best Forex traders in the world.

He is one of the original members who founded the Commodities Corporation Company. He was trained by the notorious Ed Seykota and went on to mentor another great trader by the name of Bruce Kovner.

It can be said that along with banks, he was the largest currency trader in German marks at that time. So far, I have mentioned in this article several of the most famous traders. However, there are many successful, lesser known, traders all around the world, and discovering what their traits and strategies are can only widen your perspective on trading. Who is the best Forex trader in SA, for example? Hint: it's George Soros.

Here are 8 tips:

But what about in Switzerland? Or Japan? If you are curious, why not find out? Studying the best Forex traders in the world is an effective way of improving your trading strategy, but there is one thing I need to mention next, that is worth considering for any trader. Now, it is time to mention that, beyond learning and copying the best traders, there are many reasons to use a VPS when trading, regardless of whether you are one of the best traders in the world or not.

Technical problems with your connection can lead to devastating consequences. A VPS removes the potential of such devastating complications occurring. In turn, they can make your trading more successful.

Even if you have a strong internet connection, disappointing problems can still occur. Here are a few of them:. By using a VPS service like FXvps you eliminate a lot of the worry that comes with trading and you free yourself up to focus more on your strategy and trades. So far, we've looked at the best Forex traders. There are definitely many more successful Forex traders to learn from. But remember, while there are many professional FX traders in the world trading with what seem to be flawless trading strategies, there are many strategies.

Each one works better for different traders. If you aim to make it on the list of traders that regularly earn a profit each month trading FX, it is certainly an achievable goal. However, you need to develop your own Forex trading plan first. So far, I have given a list of the most successful traders in the world and given some insight on their personality traits.

Top Three Best Forex Traders Ever

Now, in case you are interested in more than who these people are, and you would like to know a bit about how to trade like them, I will now give you some basic trading strategies. I cannot provide the strategies that these famous traders have used, but I can give you some fundamental strategies that you can consider. Past performance is not necessarily an indication of future performance. Our first strategy aims to find out when a trend might be developing. It searches for price breakouts. Markets often range between support and resistance bands.

This is called consolidation.

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A breakout is when the market shifts outside of the boundaries of its consolidation, to a new level of high or low. When a fresh trend forms, a breakout must take place first. As such, breakouts are perceived as a possible signal that a new trend is developing. However, every trader must be careful, because not every breakout means that a new trend has started. In Forex, no matter whether you are using complex or simple strategies, it is essential to always employ risk management.

In doing so, you can minimize your losses while the trend is breaking down. If the breakout sets a new high, it means that an upward trend could be forming.

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As you may have guessed, if the breakout results in a new low, then what follows could likely be a downward trend. We can consider it a buy signal when the price has broken out beyond the day high. On the other hand, it is a signal to sell when the price breaks below the day low. While this is simple, it comes with one potential drawback. Specifically, as I mentioned above, while a breakout to new highs can indicate that an upward trend is forming, it is not always the case.

The same is also true for downtrends.

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Downtrends do not always follow new lows. These are called false signals.