Trading, unlike investments, tend to be more dangerous and require a huge risk appetite. Some traders, however, enjoy living life on the edge and making huge and risky trading bets. Genius or pathological? You decide.
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There is a fine line separating madness and genius. And this saying is extremely applicable in the tumultuous world of trading, where the difference between a million dollar gain and loss could simply be staying in the markets for an extra hour.
For most people, the actions of the following traders resembled nothing more than foolhardy gambling. Yet, after the dust had settled, their seemingly risky trading bets reaped handsome rewards for the traders who dared to swim against the current. Apparently, there was method to their madness. These are the risky trading bets that paid off.
The Man Who Broke the Bank of England
On 16 September 1992, the British government at that ......