World’s Best Trader: The $300 Million Trade (George Soros Copied Him)
About this episode
Andy Krieger discusses his record-setting $300 million trade and its impact on trading strategies.
On this episode of Words of Rizdom, we are joined by Andy Krieger, the trader behind executing one of the most successful trades of all time. He executed a $300M trade that helped set the playbook George Soros later used to break the pound. With that trade he set a record in 1987 as the world's highest-earning trader. Andy breaks down how he used options, liquidity, market psychology and stop levels to crash the New Zealand dollar, why options are “nuclear bombs”, why retail traders have no edge in short-term noise, and what traders should actually focus on if they want longevity. We also discuss George Soros, Bill Lipschutz, Paul Tudor Jones, Stanley Druckenmiller, Ray Dalio, options trading, market inefficiencies, information flow, why retail traders are disadvantaged in short-term noise, and why the best traders think in probabilities, time horizons and psychology. This is real trading history. We hope you enjoy this episode! Like, Subscribe & Enable Notifications 🔔New verified trader episodes every Thursday 3PM GMT / 10AM EST ━━━━━━━━━━━━━━ Chart Academy: https://www.chartacademy.com/ Chart Fanatics Live: https://www.youtube.com/@chartfanaticslive 20% OFF Alpha Capital…
People in this episode
Host: Riz Iqbal
Guest: Andy Krieger
Topics covered
- trading strategies
- market psychology
- options trading
- financial history
- trader psychology
- market inefficiencies
Keywords
- trading
- options
- market psychology
- New Zealand dollar
- George Soros
- financial history
- trader strategies
- liquidity
- stop levels
Sponsors
Alpha Capital Group, Alpha Futures, TradeZella
Mentioned in this episode
Places: New Zealand
More episodes of Words of Rizdom - Trading Podcast
- Professional Trading Roundtable: “A 50% Market Crash Is Mathematically Inevitable!”
- He Exposes Why Trading Is EASY But Keeping Money Isn’t - $50M Trader
- Professional Trader: Inflection Point Trading Made Him 7000% ($100k to $6+ Million)
- Institutional Trader: I Know What ACTUALLY Moves The Market - Most Traders Don’t!
- Elite Scalper: I Studied Trading Champions, THIS Is The Pattern I Found!
- He Made 4200% At The World’s TOP Hedge Fund (He’s SOLD EVERYTHING) - Jim Rogers
Explore listener stats, chart rankings, contacts and more on the Words of Rizdom - Trading Podcast podcast page.