Paul Tudor Jones – The Trader (1987) Filmed just before the infamous Wall Street crash of October 1987, TRADER offers a captivating one-hour glimpse into the world of Paul Tudor Jones II, one of the most intriguing figures in finance. This rare documentary pulls back the curtain on the fast-paced, high-stakes realm of futures trading, revealing the energy, strategy, and tension that drive this electrifying marketplace. Beyond the adrenaline of trading, TRADER also delves into Jones’ bold prediction that America was approaching the end of a 200-year bull market—a foresight that cemented his place as a visionary in financial history.
Billionaire Market Wizard Paul Tudor Jones teaches trading 101:
“I see the younger generation hampered by the need to understand and rationalize why something should go up or down. Usually, by the time that becomes self-evident, the move is already over.”
“When I got into the business, there was so little information on fundamentals, and what little information one could get was largely imperfect. We learned just to go with the chart. Why work when Mr. Market can do it for you?”
“These days, there are many more deep intellectuals in the business, and that, coupled with the explosion of information on the Internet, creates the illusion that there is an explanation for everything and that the primary task is simply to find that explanation.”
“As a result, technical analysis is at the bottom of the study list for many of the younger generation, particularly since the skill often requires them to close their eyes and trust the price action. The pain of gain is just too overwhelming for all of us to bear!”
