Occupation: Trader Birth: September 28, 1954
The whole world is simply nothing more than a flow chart for capital..
After awhile size means nothing. It gets back to whether you're making 100% rate of return on 10k or 100 million dollars. It doesn't make any differe….
First if all, never play macho man in the market. Second, never overtrade. My major problem was not the number of points I lost on the trade, but tha….
Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off….
As I've told my three daughters, all of whom I've at one time encouraged to go into macro trading, any man or woman can do anything to which they set….
I am more scared now that I was at any point since I began trading, because I recognize how ephemeral success can be in this business. I know that to….
There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end….
Don't be a hero. Don't have an ego. Always question yourself and your ability. Don't ever feel that you are very good. The second you do, you are dea….
You can not have significance in this life if it is all about you. You get your significance, you find your joy in life through service and sacrifice….
If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning..
Don't be a hero. Don't have an ego..
You adapt, evolve, compete or die..
Failure was a key element to my life’s journey..
I spend my day trying to make myself as happy and relaxed as I can be. If I have positions going against me, I get right out; if they are going for m….
There's such an emphasis on making money that we've really taken the humanity out of business..
First of all, never play macho man with the market. Second, never overtrade..
My off-the-cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 24/7 and of whom there are likely onl….
If trading is like chess, then macro is like three-dimensional chess..