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Quote by Paul Tudor Jones

“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 their heart and mind.”

Quote by Paul Tudor Jones

Author

Paul Tudor Jones

Paul Tudor Jones, born on September 28, 1954, is a renowned trader in the global financial market. Known for his unique trading strategies and risk management techniques, Jones founded Tudor Investment Corporation in 1980, which has grown into one of the largest hedge funds globally over the years. more

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“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.”

People Ifs Want Needs Firsts Ideas Individual Wish Loses Successful Focus Risk Sky Losing Percent Investment Ass Investors Pie Trading Traders Losing Money

Author:Paul Tudor Jones

“I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have”

Thinking Focus Losing Making Money Always Thinking Losing Money

Author:Paul Tudor Jones

“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.”

Trying Years Believe Wells Has Beens Made Turns I Believe Middle Missing Picks Bottom Meat Trends Twelve Lots Of Money Best Money

Author:Paul Tudor Jones

“I think we're all good and bad, but good's not funny. Bad is funny. Suppress the good and let the bad out, and then you can be funny.”

Thinking Funny Good And Bad Bad Hair Bad Grades

Author:Larry David

“The whole world is simply nothing more than a flow chart for capital.”

World Whole Flow Whole World

Author:Paul Tudor Jones

“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 only a few thousand successful practitioners in the world today. Macro trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.”

“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 me, I keep them.”

Ifs Trying I Can Position Relaxed

Author:Paul Tudor Jones

“That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?”

Said Pain Deals Risk Stupid Trade Pursuit Why Not Pursuit Of Happiness Cotton

Author:Paul Tudor Jones

“If I have positions going against me, I get right out; if they are going for me, I keep them Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.”

Ifs Important Simple Risk Position Losing Solutions Important Things Uncomfortable Get Back Trading

Author:Paul Tudor Jones

“And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.”

Important Ends Risk Percent Important Things The End Of The Day Ninety Traders

Author:Paul Tudor Jones