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Amos Hostetter-World's Best Traders Learned From Him Amos Hostetter was the founder of Commodities Corporation. Located in Princeton, N.J., it became one of the most successful and influential trading entities ever. Ultimately, Goldman Sachs bought it out in 1997, so it is no more. This is where many of today's best traders learned their craft. The list includes Ed Seykota, Michael Marcus, Bruce Kovner, Paul Tudor Jones, Louis Bacon, and others. These are some of the most successful and best traders the world has ever known. Hostetter was a brilliant trader with rock solid trading principles. His success was astonishing up until his untimely death in 1977. I am going to share with you some of the reasons why he was so successful. What was his method? What were some of the main trading principles he implemented to get such superb trading results? Trend following was the method that Hostetter implemented to achieve his amazing trading results. In my opinion, trend following is the most successful trading method. You can profit in up or down markets. There is no guesswork in your trading decisions. It does an excellent job of letting profits run, cutting losses short,...more
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