Category: Entertainment
Bill Lipschutz: the sultan of currencies who lost everything first
He turned a $12,000 inheritance into $250,000 in college — then lost it all on one trade. That loss made him one of the greatest currency traders alive.
George Soros: the man who broke the Bank of England
On one day in 1992, a single fund bet $10 billion the pound would break — and a central bank surrendered. A clean lesson in price versus fundamentals.
Jesse Livermore: the boy who shorted the 1929 crash
He made $100 million betting the 1929 crash would come — then lost every cent. The Boy Plunger’s real lesson isn’t timing; it’s discipline and risk.
Why is GBP/USD called 'Cable'?
Traders call GBP/USD 'Cable' after the 1866 transatlantic telegraph that carried the rate between London and New York — still the market's most storied liquid pair.
Why is AUD called the 'aussie'?
The Australian dollar is the 'aussie' — plain slang, no coin story. What's interesting is that it's the market's risk barometer, tied to iron ore, China and the carry trade.
Why is CAD called the 'loonie'?
The Canadian dollar (CAD) is nicknamed the 'loonie' after a bird on its coin — and it trades almost in lockstep with oil, which is where the FOTSI comes in.
Why is the New Zealand dollar called the 'kiwi'?
No, it's not the fruit. The New Zealand dollar (NZD) is called the 'kiwi' after the national bird on its coin — and it's a carry-trade star the CTS tracks.
6 forex curiosities you probably did not know
$9.6 trillion a day, a dollar on 9 of 10 trades, and why GBP/USD is called 'Cable' — six forex facts, each with the tool it connects to.
Andrew Krieger: the man who shorted an entire country
The 1987 legend who shorted the New Zealand dollar with a position bigger than the country's money supply — and what it really teaches about currency strength, liquidity and leverage.
