If Trading Is Like Chess, Then Macro

Sometimes Failure Is Merely Chasing You Off The Wrong Road And Onto The Right One.

Don't Be A Hero. Don't Have An Ego.

Trading Gives You An Incredibly Intense Feeling Of What Life Is All About.

There's Such An Emphasis On Making Money That We've Really Taken The Humanity Out Of Business.

My Off-the-cuff Remarks At The University Of Virginia Were With Regard To Global Macro Traders, Who Are On-call 24/7 And Of Whom There Are Likely Only A Few Thousand Successful Practitioners In The World Today. Macro Trading Requires A High Degree Of Skill, Focus And Repetition. Life Events, Such As Birth, Divorce, Death Of A Loved One And Other Emotional Highs And Lows Are Obstacles To Success In This Specific Field Of Finance.