Tom Baldwin - A legend of trading in the U.S. Bond market, and he showed me how he traded.

[Luckyone]

In 1984, I was sent by Pru-Bache to meet and talk to this guy at the Chicago Board of Trade. He showed me how he traded the market and he is one of the reasons that I developed my style of trading.............based on what he did, day trading the U.S. Bond market.

AI Overview

The legendary trader known for turning a small sum into massive wealth in the CBOT bond pits, often linked to stories of huge gains from small starts, was Lucien Thomas Baldwin III (Tom Baldwin), famous as "The King" for his incredible bond trading during the 1980s and 90s, though specific $25k to $200M in 2 year's figures vary by legend, his big wins were real and cemented his floor trading fame.

Key Details about Tom Baldwin:

• Start: He began trading Treasury bonds in 1982 with around $20,000.
• Rise to Fame: He became the biggest individual trader in the U.S. Treasury bond pit, known for making millions in single days and huge profits over time.
• Trading Style: Known for his uncanny market sense and massive volume, sometimes trading 60,000 contracts a day, with huge financial exposure.
• Legacy: His story embodies the wild, high-stakes era of floor trading at the Chicago Board of Trade (CBOT), making him a legend in futures trading history.

 

[luiza]

In 1984, I was sent by Pru-Bache to meet and talk to this guy at the Chicago Board of Trade. He showed me how he traded the market and he is one of the reasons that I developed my style of trading.............based on what he did, day trading the U.S. Bond market.

AI Overview

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The legendary trader known for turning a small sum into massive wealth in the CBOT bond pits, often linked to stories of huge gains from small starts, was Lucien Thomas Baldwin III (Tom Baldwin), famous as "The King" for his incredible bond trading during the 1980s and 90s, though specific $25k to $200M in 2 year's figures vary by legend, his big wins were real and cemented his floor trading fame.

Key Details about Tom Baldwin:

• Start: He began trading Treasury bonds in 1982 with around $20,000.
• Rise to Fame: He became the biggest individual trader in the U.S. Treasury bond pit, known for making millions in single days and huge profits over time.
• Trading Style: Known for his uncanny market sense and massive volume, sometimes trading 60,000 contracts a day, with huge financial exposure.
• Legacy: His story embodies the wild, high-stakes era of floor trading at the Chicago Board of Trade (CBOT), making him a legend in futures trading history.

Said Walter Mitty.
The man with a head as big as Pluto .

Who in our Universe has failed to emulate TB in any way .

Remember your Free Grift from a few weeks ago -- what a howler !!!!!!!!

 

[sparky]

do day traders realize the house never looses.....? ~S~

 

[Luckyone]

do day traders realize the house never looses.....? ~S~

Tell that to Tom Baldwin, he is laughing at you in the huge yacht he bought with the $200 million he made day trading

 

[luiza]

Tell that to Tom Baldwin, he is laughing at you in the huge yacht he bought with the $200 million he made day trading

Who cares about TB .

We are talking about our resident buffoon , Mucky .
The man who never gets it right .