8 Reasons Paul Tudor Jones is one of the Greatest Traders of All Time

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Paul Tudor Jones is one of the best traders and fund managers in my book and he has the returns to prove it. Yes, he has times of drawdowns but generally speaking he's had a great career.

8 reasons

- Price Action Focused - he never focused on the fundamentals, he mainly focused on price action. He tried to get on the end of moves and made a lot of money fading extreme trends. - Flexible - Lack of Ego. If you're wrong, you're wrong. Paul had a very high filter process to leave only the stocks he firmly believed in to stay in his portfolio. - Learnt from failure. - Never added to a loser. Don't add to losers because if you're wrong it is going to be devastating. - Risk Management first - Trader Second. At the end of the day it is how good you are with risk control. Always ask yourself - what is the risk? - Cut Losses Quickly - similar theme to the losers. Risk control is the most important thing in trading. - Reduce position size during losing streaks. - Paul Tudor Jones only takes high risk - high reward trades