Bruce Kovner
Bruce Kovner
Bruce Stanley Kovneris an American businessman. He is Chairman of CAM Capital, which he established in January 2012 to manage his investment, trading and business activities. From 1983 through 2011, Kovner was Founder and Chairman of Caxton Associates, LP, a diversified trading company...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
odds patterns principles
The Heisenberg principle - If something is closely observed, the odds are it is going to be altered in the process. The more a price pattern is observed by speculators the more prone you have false signals; the more the market is a product of nonspeculative activity, the greater the significance of technical breakout
sleep thinking people
Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I'm getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis. I never think about other people who may be using the same stop, because the market shouldn't go there if I am right
cutting thinking advice
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half.
doctors pay temperature
Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he’s not going to take a patient’s temperature.
great intense interest opens people performed piece played sharing
The great thing about sharing it with Juilliard is it opens it up to people with an intense interest. Now a piece can be played and performed in a new way.