Trading Tip from a Legendary Trader

Here is a trading tip – more of a psychological state description – from the legendary hedge fund trader and investor Paul Tudor Jones:


Trading Tip from PairTrade Finder

Who Is He to Give a Trading Tip?

Paul Tudor Jones II (born September 28, 1954) is an American investor, hedge fund manager, and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Greenwich, Connecticut.  Soon after, he created the Tudor Group, a hedge fund holding company that specializes in fixed income, currencies, equities, and commodities.

Jones was born in Memphis, Tennessee. He attended the University of Virginia, earning an undergraduate degree in economics in 1976.

In 1976, he started working on the trading floors as a clerk and then became a broker for E. F. Hutton & Co. In 1980, he went strictly on his own for two and a half profitable years, before he “really got bored”. He then applied to Harvard Business School, was accepted, and packed to go when the idea occurred to him that: “this is crazy, because for what I’m doing here, they’re not going to teach me anything. This skill set is not something that they teach in business school.”

What Did He Do Then?

In 1980, Jones founded Tudor Investment Corporation, an asset management firm.  The investment strategies of the Tudor Group include, among others, discretionary global macro, quantitative global macro (managed futures), discretionary equity long/short (i.e. pair trading), quantitative equity market neutral (i.e. pairs trading) and growth equity.

How Did Pair Trading (and other strategies) Do For Him?

As of February 2017, Forbes Magazine estimated his net worth to be US$4.7 billion, making him the 120th richest person on the Forbes 400 and the 22nd highest-earning hedge fund manager.  He is known for his large-scale philanthropy and, eight years after founding his hedge fund, he founded the Robin Hood Foundation, which focuses on poverty reduction. (Source: Wikipedia)

Here is Our Trading Tip: Learn Our Recipe for Trading Success Today

Sign up for our free 30-Minute Webinar Trade Like a Hedge Fund to take a deeper dive into the oldest and arguably most successful hedge fund trading strategy.  Once you join our Webinar we will send you our free eBook with 11 Trading Tips from Pro pair traders.  We will also offer you a 15-day free trial of our software (no payment required).

Free triallers also receive complimentary access to our 3-Hour, 11 Lecture Pair Trading Video Training Course. Taught by a professional pair trader, this series presents pair trading in simple, easily accessible terms.  Our training course gives you the tools to learn how succeed at trading in as short a time as possible.

You can also take advantage of our extensive library of Pair Trading Resources for more trading tips and research backing up the profitability of this strategy.  Knowledge is Power!

Happy trading.

www.pairtradefinder.com

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