Toby Crabel

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William "Toby" Harrison Crabel (born 1955)[1] is a famed self made millionare commodities trader, The Financial Times called Crabel "the most well-known trader on the counter-trend side"[1]He is the fund manager of "Crabel Capital Management".[2] 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.[3]. The latest current ranking of the top 196 money managers in the country. Mr Crabel manages 2.8 billion dollars and had a growth of 16.7% in 2005. A producer of consistent returns whatever the weather, Crabel has avoided having a losing year from 1991 to 2002. [2] Crabel is also an author, has written the book Day Trading with Short-term Price Patterns, which can be found on eBay for upwards of $1,000 a copy.[3]


Contents

[edit] Education

University of Central Florida, majored in finance.[4]

[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.[5] He played professional tennis for three years and went on to work as a money manager for Victor Niederhoffer at his firm in Chicago while also giving short-term market advice to floor traders. He left Neiderhoffer Investment in 1993 to focus fully on managed futures trading.[4] During 1998 he ran his Hedge fund out of his house in the middle of some cornfields northwest of Milwaukee.[1] Since January 1992 he was running his flagship Diversified Futures program which was to close to new investments in 2001[6]

He currently manages private client funds though the offshore "Crabel Futures Fund" based on the British Virgin Islands. and The Crabel Limited Partnership for USA clients. The current assets under management are over $3.2B.[7] Crabel manages all this funds with a staff of no more than 80 people,[5] including 31 researchers and 28 traders.[6]

Crabel Capital Management ranked number 101 out of 172 funds on Absolute Return magazine list Absolute Return survey of U.S. groups with more than $1 billion AUM, July 2005.[3]

[edit] Personal

Toby subscribes to Ayn Rand's Objectivism philosophy and owns an extensive Romantic realism art collection.[8]

[edit] Bibliography

Crabel, Toby (1990). Day Trading With Short Term Price Patterns and Opening Range Breakout. Traders Press. ISBN 0-934380-17-1. 

[edit] References

CTA Profile. Autumn Gold (Aug 16, 2006). Retrieved on August 15, 2006.

[edit] Notes

  1. ^ a b Harmon, Amy. "Talk, Type, Read E-Mail", Technology, The New York Times, July 23, 1998. Retrieved on August 15, 2006.
  2. ^ Franiak, Frank J.. "Managed Futures", Futures Industry Association Fetured Article, Futures Industry Magazine, August 2000. Retrieved on August 15, 2006.
  3. ^ a b Cohen, Barry. "Billion dollar club keeps growing", Research, Absolute Return magazine, September 2005. Retrieved on November 19, 2006.
  4. ^ Network 2002. Speaker Bios. Managed Funds Association (Feb 3, 2002). Retrieved on August 15, 2006.
  5. ^ Hartle, Thom. "Opening shots", Trading Strategies, Active trader, April 2003, pp. 23. Retrieved on November 19, 2006.
  6. ^ "Lock and Load", Features, MarHedge, 2006. Retrieved on August 15, 2006.
  7. ^ Crabel Website. About Founder (2006). Retrieved on August 15, 2006.
  8. ^ Crabel Gallery of Romantic Realism (2006). Retrieved on August 15, 2006.

[edit] External links

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