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Raoul Pal: My Life in 4 Trades

Real Vision: Finance & Investing

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Strategic Euro Dollar Futures Trade

This chapter narrates a hedge fund trader's strategic move in Euro dollar futures, showcasing their confidence in holding a significant long position throughout the year. The trader's astute understanding of interest rates and recession indicators guides their decision-making, leading to substantial profits despite initial doubts and risks. The narrative emphasizes the importance of rational analysis, favorable probabilities, and the intersection of skill and luck in successful trading.

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