Lessons from a Trading Great: Stanley Druckenmiller 👍

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Lessons from Legendary Hedge Fund Manger Stanley Drukenmiller

I like to study great traders and fund managers and see what common attributes run thru these guys. For those who don't know Stanley F. Druckenmiller, was the hedge fund manager who led George Soros’s famous bet against the British pound. OK.P

1) When something lines up press hard
2) Only close your position when your thesis is no longer correct.
3) Put all your eggs in one basket and watch it.
4) Think like a chess player.
5) Take the difficult trade.
6) Find a way to express your thesis.

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