The most badass year of my career—I made money with 3x leverage while only using 5% of my account's position. The remaining 95%? My daily mission was just to watch over it and stop myself from doing something stupid. And then there's this absolute gem: Protecting capital is a trader's first belief, and the only belief. You mess up once, and it's game over. But the market deals new cards every day. The fools who survive will eventually live to see the day when the geniuses are buried. In 2022, when U.S. stocks crashed, he cashed out early. In 2023, he nailed the bottom, and in 2024, he kept raking it in. When people asked him for his secret, he replied with just one sentence: “I just try really hard not to be stupid.” The ultimate secret of trading is actually just four words: Don't mess it up. —Paul Tudor Jones