The Day Paul Tudor Jones Nearly Quit Trading

Paul Tudor Jones nearly quit trading…
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He was 3 and a half years into his career and he nearly threw in the towel.

Jones was long cotton in way too much size.
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He had leveraged himself up way too much and the market turned, locked limit down, trapping him long.
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That particular trade cost him 60-70% of his equity and hurt him badly.
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​“I am not cut out for this business; I don’t think I can hack it much longer.”
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​Jones was depressed and very nearly quit.
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Just imagine if had quit at that moment…
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If he had listened to that inner voice that told him he couldn’t hack it.
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​That pivotal moment could have changed his life path forever…
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​Lucky for him he didn’t quit trading, and he went on to become one the best traders in the world.
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Worth an estimated $7 billion…
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​So, next time that inner voice tries to get you to quit trading…. Remember Paul Tudor Jones.