This entry was posted on Thursday, February 17th, 2011 at 7:27 am and is filed under Important Announcements, Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Prior to the International Women’s Day we will tell you about successful female traders who reached success on the financial markets and earned fame.
The first one in our list of successful women – Lora Pederson.
Laura Pedersen – trading genius
Laura came to Wall Street at the age of 17. Her age did not allow to take part in “adult” games. However, she made an agreement with her employer that she would be a non-staff worker. But she started playing. At 24 years old she managed to earn 1,5 million dollars.
Being young Lora was selling tomatoes at her mother’s farm, in that period a remarkable business talent was disclosed. Later she started playing poker quite well, put money on a horse and never made a mistake. At 10 she asked to present her the shares of Coca-Cola Company. At the age of 14 Laura went to New York on excursion to the American Stock Exchange. She left study at the Michigan University in the first year, as she did not see any practical benefit in getting the higher education.
Since 1984 Laura started working as a clerk earning just a small amount of money. The point of her job was in replacing the traders who were going on vacation. She learned fast to participate in virtual wrangles. Her parents were violent opponents of their daughter’s activity, but for 4 years work at the company she made her employers richer by 5 billion dollars. Even in the period of a total downturn she managed to gain 100 million dollars.
However, her career finished as precipitately as it started. The doctors found a serious disease recommending her to leave the job.
Later she wrote a book “Play Money”. Her book has become a triumphal epitaph of live trading craft left in order to please the omnivorous technological monster of electronic commerce.
Added by Anna Shubina ,
InstaForex Clients’ relationship manager