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Tony Saliba -- Tony Saliba came to the floor of the Chicago Board Options Exchange in 1978. After a half-year of clerking, Saliba was ready to try it on his own. The impressive aspect of Saliba's trading achievements is not the few spectacular gains he has registered in his career. Rather, it is that these gains have been achieved by using a trading approach exemplified by incredible risk control. In fact, at one point, Saliba managed to string together seventy consecutive months of profits exce…
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Randy McKay (By Jack Schwager - New Market Wizards)
Randy McKay -- There are few futures traders who have gone from a starting account of several thousand dollars to double-digit million-dollar gains. Those who have kept their winnings are even fewer. The start of McKay's trading career coincided with the birth of currency futures trading. Over his entire trading career, McKay has been profitable for his own account in eighteen out of twenty years. A conservative estimate would place his cumulative earnings in the tens of millions. New Market Wiz…
Ed Seykota (by Jack Schwager - New Market Wizards)
Ed Seykota -- Ed Seykota's achievements must certainly rank him as one of the best traders of our time. In the early 1970s, Seykota was hired by a major brokerage firm. He conceived and developed the first commercial computerized trading system for managing clients' money in the futures markets. In the ensuing years, Seykota applied his systematized approach to trading a handful of accounts and his own money. During that period, the accounts Seykota managed have witnessed an absolutely astoundin…