Paul Tudor Jones Trading Rules

marketsurfer · Jul 14, 2015

EPrado said:
If there is a charity you want let me know. If not we do work with a charity down here that rescues dogs (Siberian Huskies to be exact. We have 2 at our house). I will gladly donate the money to them in your name. Let me know.

Sounds good to me-- those are great dogs and a good cause.

surf

prc117f · Jul 14, 2015

Good advice on not trading unless there is an opportunity. I was on the sidelines for weeks waiting for an opportunity, It arrived with the greek panic and the big VIX pop. I went and took advantage and made a nice profit shorting VOL.

GloriaBrown · Jul 15, 2015

marketsurfer said:
It's about that elite traders understand that the market is full of deception and subterfuge. It is how the big dogs and the market itself survives. NOTHING is as it seems--- this is one simple way that makes it so clear that the price actioners are FOS with their success stories. surf

Paul Tudor Jones is a great trader, but does he use insider news to trade and cover it up by saying something like he uses wave theory, or he really uses "fair" way to do analysis or use trader "skill"? You think about it.

marketsurfer · Jul 15, 2015

GloriaBrown said:
Paul Tudor Jones is a great trader, but does he use insider news to trade and cover it up by saying something like he uses wave theory, or he really uses "fair" way to do analysis or use trader "skill"? You think about it.

Their is no Fair or unfair way to trade-- only legal and illegal ( which changes). You are thinking about the markets completely wrong in this context.

Tudor trades futures. Insider info is legal in the futures market. He has dozens on his team of the smartest people on earth.

To the best of my knowledge ( which isn't much) he moved away from TA as depicted in the 1987 film, along time ago as markets have radically changed since that time. In fact, if i remember correctly, His TA based prediction about the 1987 crash was months too early. However TA adherents have selective memories about whst really happened.

Surf

GloriaBrown · Jul 15, 2015

marketsurfer said:
Their is no Fair or unfair way to trade-- only legal and illegal ( which changes). You are thinking about the markets completely wrong in this context.

Tudor trades futures. Insider info is legal in the futures market. He has dozens on his team of the smartest people on earth.

To the best of my knowledge ( which isn't much) he moved away from TA as depicted in the 1987 film, along time ago as markets have radically changed since that time. In fact, if i remember correctly, His TA based prediction about the 1987 crash was months too early. However TA adherents have selective memories about whst really happened.

Surf

Inside news is legal? Ha ha ha ha

Assume a case that he knows a company inside s and p 500 will have good news soon and that is not public, he then long tons of s and p 500 future before the news release to public, are you telling me that this case is legal? Ha ha ha

Chris Mac · Jul 15, 2015

GloriaBrown said:
Inside news is legal? Ha ha ha ha

Assume a case that he knows a company inside s and p 500 will have good news soon and that is not public, he then long tons of s and p 500 future before the news release to public, are you telling me that this case is legal? Ha ha ha

marketsurfer said:
Their is no Fair or unfair way to trade-- only legal and illegal ( which changes). You are thinking about the markets completely wrong in this context.

Tudor trades futures. Insider info is legal in the futures market. He has dozens on his team of the smartest people on earth.

To the best of my knowledge ( which isn't much) he moved away from TA as depicted in the 1987 film, along time ago as markets have radically changed since that time. In fact, if i remember correctly, His TA based prediction about the 1987 crash was months too early. However TA adherents have selective memories about whst really happened.

Surf

I agree. If I remember correctly, PTJ and his head of research Peter Borish tried to use a mix of Elliott Waves and the 1929 graph of the DJ indexes to forecast a "big krach".
But Peter Borish predicted it for 1988.
PTJ understood mid-october '87 it would come earlier (without any needs of Elliott Waves)

CM

GloriaBrown · Jul 16, 2015

Chris Mac said:
I agree. If I remember correctly, PTJ and his head of research Peter Borish tried to use a mix of Elliott Waves and the 1929 graph of the DJ indexes to forecast a "big krach".
But Peter Borish predicted it for 1988.
PTJ understood mid-october '87 it would come earlier (without any needs of Elliott Waves)

CM

such a good "reason" to explain why someone short a lot of futures, big enough may be even crash the market. He REALLY didn't do that with other investment banks and created a trend together ha ha! It is really legal ha ha! Government doesn't care if hedge funds team up with investment banks to create financial crisis right? Sound like only legal in USA!? ha ha ha!

He definitely didn't sound like to use Elliott Waves to cover suff up right? ha ha!

tandh · Jul 16, 2015

marketsurfer said:
What's the source of that infographic-?-- I betcha the poor grammar is from the creator of the graphic--

I'm sure it's whoever created the graphic too. I just thought it was funny.

marketsurfer · Jul 16, 2015

Chris Mac said:
I agree. If I remember correctly, PTJ and his head of research Peter Borish tried to use a mix of Elliott Waves and the 1929 graph of the DJ indexes to forecast a "big krach".
But Peter Borish predicted it for 1988.
PTJ understood mid-october '87 it would come earlier (without any needs of Elliott Waves)

CM

He turned the 1929 chart upside down to call the crash. Do TA people still do this?? since its mych harder on a computer than paper charts used by PTJ back then.

My bet is PTJ has come a long way since his TA days.

surf

Frederick Foresight · Jul 16, 2015

marketsurfer said:
...My bet is PTJ has come a long way since his TA days.

You mean since 2013?

Paul Tudor Jones (Tudor Investment Corp)

He emphasized his focus on technical analysis as that's the method he learned for trading commodities originally. He said, "I have one strong rule and that is when it comes to a stock if it's above the 200 day moving average, I'm gonna be long it, and if it's below it, I'm either not gonna own it or I'm gonna be short it, period end of story and I just let that govern every single thing that I do."

Read more: http://www.marketfolly.com/2013/06/notes-from-virginia-investment.html#ixzz3g3VCjv00

Or 2008?

http://wisdomisprofit.blogspot.ca/2010/06/chinese-role-suspected-in-puzzling-euro.html