Chat With Traders

079: Raoul Pal – The Biggest Financial Experiment the World has Ever Seen, Explained by a Global Macro Investor

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Jun 30, 2016
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ANECDOTE

Raoul's Meeting with Paul Tudor Jones

  • Raoul Pal met Paul Tudor Jones through his boss at NatWest and bonded over shared chartist views.
  • This led to daily conversations shaping Raoul's understanding of macro trading and hedge funds.
ADVICE

Use Monthly Charts for Trends

  • Use monthly charts to identify long-term trends since they present less competition.
  • Combine monthly, weekly, and daily charts to pinpoint high-probability trade reversals and entries.
ADVICE

Short-Term Traders Should Know Macro

  • For short-term traders, understanding macro trends helps identify favorable entries within longer uptrends.
  • Use the overall economic and chart trend to guide short-term trades like buying dips, reducing reversal risks.
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