In , Stanley Druckenmiller graduated from Bowdoin College where he studied English and Economics, with the desire to eventually to become a professor of those subjects.

He began to work on a Ph. He was only 28 years old when he founded Duquesne Capital Management in with only one million dollars. Then, in , he accepted a position as a consultant to Dreyfus, compelling him to commute to New York for two days each week.

By , he became the head of Dreyfus Fund, with the agreement that he would continue managing Duquesne.

After 12 years with Quantum Funds, Stanley Druckenmiller left the company to focus on developing Duquesne Capital Management, which has become quite successful. Forbes has Stanley Druckenmiller listed as the 91st richest person in America. Druckenmiller has been able to sustain outstanding results over long periods of time. He typically has achieved annual rates of return exceeding twenty-five percent over a 10 year period. His sense of timing is one of the keys to his success.

It has been said that he has an ability to get in and out of positions at just the right time. While Stanley Druckenmiller knew how to bet big, he also knew when it was time to back off.

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Druckenmiller has worked hard at managing multiple funds, he has clearly enjoyed some of the rewards of being the best forex trader in the world. With a net worth of 3.

At the Teterboro airport one can find his multi-million dollar business jet, a Bombardier Global Express BD In , he gave more money to charities than any other American.

Druckenmiller also proves that success is not a matter of luck.

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His consistent returns demonstrate a sound underlying strategy along with the willingness to take occasional risks. His is a trading strategy that worked, and his success offers good insights for all forex traders. Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors.

The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.

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