Toby Crabel
 |
This article is outdated. Please update this article to reflect recent events or newly available information. Please see the talk page for more information. (November 2010) |
Toby Crabel[1] is a United States self-made millionaire commodities trader. The Financial Times called Crabel "the most well-known trader on the counter-trend side"[2] He is the fund manager of "Crabel Capital Management".[3][citation needed]
Crabel Capital Management ranked number 101 out of 196 funds on Absolute Return magazine list Absolute Return survey of U.S. groups with more than $1 billion AUM, July 2005.[4]
 |
This article uses bare URLs for citations. Please consider adding full citations so that the article remains verifiable. Several templates and the Reflinks tool are available to assist in formatting. (Reflinks documentation) (March 2012) |
This is the latest current ranking of the top 196 money managers in the country. Mr Crabel manages 3.2 billion dollars and had a growth of 16.7% in 2005.[citation needed] A producer of consistent returns whatever the weather, Crabel has avoided having a losing year from 1991 to 2002.[5] Crabel is also an author. He has written the book Day Trading with Short-term Price Patterns, which can be found on eBay for upwards of $1,000 a copy.[6]
Contents |
[edit] Education
He studied at the University of Central Florida and majored in finance.[7]
|
|
This article uses bare URLs for citations. Please consider adding full citations so that the article remains verifiable. Several templates and the Reflinks tool are available to assist in formatting. (Reflinks documentation) (March 2012) |
[edit] Career
In 1975, while attending college Toby began to trade the markets. In the late 1980s, Crabel published a series of articles detailing various short-term price patterns for futures trading.[8]
|
|
This article uses bare URLs for citations. Please consider adding full citations so that the article remains verifiable. Several templates and the Reflinks tool are available to assist in formatting. (Reflinks documentation) (March 2012) |
He played professional tennis for three years and went on to work as a trader for Victor Niederhoffer at his firm in New York while also giving short-term market advice to floor traders. He left Niederhoffer Investment in 1993 to focus fully on managed futures trading.
 |
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (March 2012) |
During 1998, he ran his hedge fund out of his house in the middle of some cornfields northwest of Milwaukee.[1] In January 1992, he started running his flagship Diversified Futures program, which closed to new investments in 2001 and has had positive returns without having a losing year since its inception.[9] He currently manages private client funds though Crabel Fund Ltd for non-US clients and through Crabel Fund LP for US clients. The current assets under management are over $3.2B.[10] Crabel manages these funds with a staff of no more than 80 people, including 31 researchers and 28 traders.[11]
 |
The verifiability of all or part of this article is disputed. Please see the discussion on the talk page. This article or section has been tagged since March 2012. |
[edit] Personal
Toby subscribes to Ayn Rand's Objectivism philosophy.
[edit] Bibliography
Crabel, Toby (1990). Day Trading With Short Term Price Patterns and Opening Range Breakout. Traders Press. ISBN 0-934380-17-1.
[edit] See also
[edit] Notes
- ^ a b Harmon, Amy (July 23, 1998). "Talk, Type, Read E-Mail". Technology (The New York Times). http://query.nytimes.com/gst/fullpage.html?res=9C03E6D61739F930A15754C0A96E958260&sec=&spon=&pagewanted=all. Retrieved 2012-03-07.
- ^ FT.com
- ^ Franiak, Frank J. (August 2000). "Managed Futures: Poor Performance Overshadows Success Stories". Futures Industry Magazine (Futures Industry Association). http://www.futuresindustry.org/fimagazi-1929.asp?a=654. Retrieved 2012-03-07.
- ^ Cohen, Barry (September 2005). "Billion dollar club keeps growing". Research (Absolute Return magazine). Archived from the original on 2006-11-14. http://web.archive.org/web/20061114013653/http://www.deshaw.com/articles/BillionDollarClub_AbsoluteReturn.pdf. Retrieved 2006-11-19.
- ^ Crabel capital
- ^ FT.com
- ^ "Network 2002". Speaker Bios. Managed Funds Association. February 3, 2002. http://www.mfainfo.org/events/network2002/speakers/speaker_bios.asp. Retrieved 2006-08-15.
- ^ Hartle, Thom (April 2003). "Opening shots". Trading Strategies (Active trader): pp. 23. Archived from the original on 2006-10-16. http://web.archive.org/web/20061016235620/http://www.activetradermag.com/pdf/April-2003_Issue.pdf. Retrieved 2006-11-19.
- ^ "Lock and Load". Features (MarHedge). 2006. http://cache.zoominfo.com/cachedpage/?archive_id=0&page_id=20875198&page_url=%2f%2fwww.marhedge.com&page_last_updated=5%2f20%2f2006+5%3a08%3a06+AM&firstName=Toby&lastName=Crabel. Retrieved 2006-08-15.
- ^ "Crabel Website". About Founder. 2006. http://www.crabel.com/index.htm. Retrieved 2006-08-15.
- ^ Crabel capital
