Watch the full video interview at Trading Conversations is a monthly interview show where we'll introduce you to the traders who have dug through the trenches and emerged at the other end.
From the sharing of their trading stories, strategies, workflow and best practices, we hope to help you shorten your learning curve as you embark on your journey towards trading mastery.
Today’s guest, Ray Barros, is a veteran trader and retired hedge fund manager whose trading journey is definitely worth turning into a biography book. Despite owning a profitable legal practice in his early days as a lawyer, he abruptly sold the practice in 1980 and dived full-on into trading within knowing what he was really doing.
Over the subsequent 6 years, he blew up his account on multiple occasions and lost a total of AUD 750,000 during that period. Somehow, he persevered through the entire ordeal and finally saw the light at the end of his tunnel when he registered his first profitable year of trading in 1987 and did not look back since.
In 1990, he started his hedge fund with AUD 20m of investor money and traded it to nearly a billion dollars over the next 20 years. In Dec 2010, Ray registered the most profitable year of his career and as usual, decided to abruptly end his hedge fund career on a high, by returning about 943m dollars back to his investors.
Since then, he went into a semi-retirement mode. Instead of making more money than he can spend, he decided to turn his attention towards paying it forward by starting a trading school to coach and mentor budding traders.
With almost 40 years of both painful and glorious trading experiences under his belt, I’m sure we’ll all be able to learn and get inspiration from his story.
Watch the full video interview at
#TradingConversations #RayBarros
0 Comments