Toby Crabel

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Lua error in package.lua at line 80: module 'strict' not found. Toby Crabel[1] is a United States commodities trader. In 2005, 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] which has previously ranked highly on Absolute Return magazine's list of US groups with more than $1 billion Assets under management.[4]Crabel managed 3.2 billion dollars with growth of 16.7% in 2005. Crabel has a strong record of positive returns, having avoided a single losing year between 1991 and 2002.[5]

Crabel released his book Day Trading with Short-term Price Patterns in 1990.[2]

Education

Crabel attended the University of Central Florida and majored in finance.[6]

Career

In 1975, while attending college, Toby began to trade the markets. He played professional tennis for three years. In the late 1980s, Crabel published a series of articles detailing various short-term price patterns for futures trading.[7] He worked 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 Investments in 1992 to focus exclusively on managed futures trading.[citation needed] In January 1992, he started running his flagship Diversified Futures program. During 1998, he ran his hedge fund out of his house, located in a rural area northwest of Milwaukee.[1] Diversified Futures closed to new investments in 2001 and had positive returns from inception through 2006.[8]

He currently manages private client funds though Crabel Fund Ltd for non-US clients and through Crabel Fund LP for US clients. As of 2006, assets under management are $3.2B.[9] Crabel manages these funds with a staff of 31 researchers and 28 traders.[8]

Bibliography

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See also

References

  1. 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
  2. 2.0 2.1 Lua error in package.lua at line 80: module 'strict' not found.
  3. Lua error in package.lua at line 80: module 'strict' not found.(registration required)
  4. Lua error in package.lua at line 80: module 'strict' not found. N.B. This ranking of the top 196 money managers in the country is over seven years out-of-date.
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  8. 8.0 8.1 Lua error in package.lua at line 80: module 'strict' not found.
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External links