You learn more from your losses than from your gains. Paul Tudor Jones View this quote
If life ever ceased to be an educational experience, I probably wouldn’t get out of bed. Paul Tudor Jones
Paul Tudor Jones
It’s like we’ve ripped the humanity out of our companies, we have this double standard when it comes to the way we value businesses. You know what? It’s threatening the very underpinnings of our society. Paul Tudor Jones
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. Paul Tudor Jones
The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge. Paul Tudor Jones
There’s such an emphasis on making money that we’ve really taken the humanity out of business. Paul Tudor Jones
Trading gives you an incredibly intense feeling of what life is all about. Paul Tudor Jones
Trading is very competitive and you have to be able to handle getting your butt kicked. Paul Tudor Jones
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 that I was trading far too many contracts relative to the equity in the accounts that I handled. Paul Tudor Jones
After a while size means nothing. It gets back to whether you’re making 100% rate of return on $10,000 or $100 million dollars. It doesn’t make any difference. Paul Tudor Jones
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading. Paul Tudor Jones
American hedge fund manager and investor
September 28th, 1954