Global Macro Trading is one of not only the hottest hedge fund strategies but also one of the most consistently profitable strategies as well. Whereas many funds pigeon hole themselves where they have to trade just one asset class, global macro funds can trade anything anywhere that they can find an excellent risk to reward trade.
Many of the best long term performers are global macro traders. Funds such as the Quantum Fund run by legendary trader George Soros, Tudor Investment Corp (BVI) run by trader extraordinary Paul Tudor Jones, Caxton Global run by Bruce Kovner, and Duquesne Capital traded by none other than Stanley Druckenmiller are all great examples of funds that have made money in bull and bear markets and rarely have a losing year. When they do have a loss it is almost always really small.
The basic concept is that sometimes stocks are good, sometimes bonds are good, other times commodities are good, and yet other times there are some great currency trades. By looking at each asset class you as a trader are better able to find the best risk to reward situation and therefore maximize your gains while even more importantly minimizing your risk.
Global macro trading has also performed really well throughout the 2007-2009+ bear market. As a group they have racked up a positive performance on both absolute and relative returns.
The Macro Trader is a weekly service that sends out global macro analysis geared towards traders who like the global macro style and want to stay on top of trends in the fixed income, equities, currency, and commodity markets. Each week it provides analysis and actionable trading ideas for you to use. In addition there is a members only website where we post up to date analysis on current events and other things that are relevant to your trading. In addition The Macro Trader is adding educational content as well for those who would like to learn more about global macro trading.
Happy Trading,
Dave@TheMacroTrader.com
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