A Quote by Paul Tudor Jones

The most important rule is to play great defense, not great offense. Everyday I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum drawdown. Hopefully, I spend the rest of the day enjoying positions that are going in my direction. If they are going against me, then I have a game plan for getting out.
If I have positions going against me, I get right out; if they are going for me, I keep them Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.
I probably visualize myself, the shots I'm going to get in the game, how I'm going to play defense, what we have to do to stop the other team's best player, what it's going to take out of me, the whole aspect of the game.
It's a risk-reward thing. If I do go out and try and play and get hurt again, then I'm definitely out. I've got no chance to go. If I'm ready, then great. It's getting better. I've been doing a lot more in the last couple of days. I've got a day off (on Wednesday) and then hope to come back in on Thursday and really see where I am at and test it out. Hopefully I'm going to play this weekend but, in reality, we'll see.
I spend my day trying to make myself as happy and relaxed as I can be. If I have positions going against me, I get right out; if they are going for me, I keep them.
You get into the game and you know you're probably not going to be in there long. It's like, while I'm in here, I better not mess up. That's the completely wrong mentality to have. That works against how I play because how I play is 150 percent, going all out, going crazy.
I like playmakers, man, if it's a playmaker on defense or offense, just a guy who is going to put up some points, a guy who's going to be able to change the game.
Going into a game, I know that I'm going to run a lot. I know I'm going to have a lot of volume, and I know that I'm going to get hit a lot, which is great. Sometimes we try to deliver some blows, too, try to break as many tackles as possible. We know it's going to hurt the next day. That's why we love the game.
The single most important thing is to know the game. Study the history of the game, the fine points of the game, and the personalities of the game so you'll be able to recognize what they're doing out there and then you'll be able to anticipate certain things that are going to happen.
But we're going to work on education, we're going to work on - going to stop - try to stop the crime, great law enforcement officials. We're not going to try to - we're going to stop crime. But it's very important to me. But this isn't Donald Trump that divided a nation.
I think the NFL season starts with the first three or four games and all the predictions come out. You're either great on offense, bad on defense, great on defense, bad on offense. You're either going to have a Super Bowl chance or you won't. And I think after that, people kind of think everything's set in stone.
And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.
I don't ever assume that people are going to love or appreciate what I do. It would be great. I don't assume that they're not going to. I just am like, 'I'm going to do my absolute best at everything I do, and I'm going to put it out with pride and hope people enjoy it.'
There's really no secret to this; that everybody's - they are going to have a game plan against me and I'm going to have a game plan against them. It just comes down to execution.
I'm never going to sub-contract out jobs for offense and defense. I'm always going to hire people I believe in - and are going to do things our way, that are going to believe in process, that are going to be part of a program.
I'm going to enjoy every second, and I'm going to know I'm enjoying it while I'm enjoying it. Most people don't live; they just race. They are trying to reach some goal far away on the horizon, and in the heat of the going they get so breathless and panting that they lose sight of the beautiful, tranquil country they are passing through; and then the first thing they know, they are old and worn out, and it doesn't make any difference whether they've reached the goal or not.
You know you're going to have 162 games. You're going to have six months to play this game and playing every day is going to be a grind.
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