They Almost Quit Too | Livermore, Tudor Jones, & Druckenmiller

Sponsored by Pepperstone Have you ever sat at your desk after a bad run and wondered if the exit is the right door? In this episode I walk through three of the greatest traders who ever lived... Jesse Livermore, Paul Tudor Jones, and Stanley Druckenmiller, and the specific moments each of them nearly walked away from trading for good. Livermore went bankrupt and got suspended from the Chicago Board of Trade. Tudor Jones wiped out 70% of his account and said "I don't think I can hack it much longer." Druckenmiller lost three billion dollars to FOMO and described it as devastating. None of them were being irrational. Quitting would have been the reasonable response. But they didn't. And what happened next is the point. If you're in a rough patch right now ... this one's for you.