Monday, November 07, 2016

Paul Tudor Jones:
Make Money At Market Turns & Control Risk
"Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt. 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. At the end of the day, the most important thing is how good are you at risk control. The whole trick in investing is: “How do I keep from losing everything?"
— Paul Tudor Jones
LINK HERE to the essay

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