OVER FOUR DECADES OF MARKET EXPERIENCE
The Macro Insights From The Trader Who Moved Markets
The People Behind
Thoughts on the Market
One sees the forces driving markets. The other identifies the exact levels where those forces become opportunity.
Together they provide a framework that helps traders navigate uncertainty with clarity, structure, and discipline.
Andy Krieger
Legendary Macro Trader
Before entering finance, Krieger received a B.A. in philosophy and a Masters in South Asian Regional studies from the University of Pennsylvania. He also completed coursework for a PhD in Oriental Studies, including the translation of an eighth-century Sanskrit text, but decided to pursue a career in finance instead. He later earned an M.B.A. from the Wharton School of Finance.
Krieger's career began at the famous Salomon Brothers trading floor of the 80s, before he moved on to run the global currency options business for Banker's Trust. It was here that he cemented his place in trading folklore by executing one of the most successful trades of all time, and setting a new record in 1987 as the world's highest-earning trader. He was later hired by Quantum Fund as George Soros's successor, but eventually decided to start his own asset management business.
Andy has always thrived in volatile market conditions, using a variety of limited-risk option strategies to earn excellent risk-adjusted returns across many markets. Although he focused a significant amount of his trading on the forex markets, he has traded successfully in over seventy different markets. By using long option strategies on a strategic basis, Andy was able to earn particularly high returns when markets became chaotic. On a few occasions he earned more than 100% in a year, including 2007, when he earned over 300% for his clients. In 2008, when the entire financial system was on the brink of collapsing, Andy still generated over 75% returns.
During his career, Andy also implemented a number of trend-following strategies, which he ran independently from his discretionary trading program. These trend-following portfolios earned consistent double-digit returns for over a decade, but ultimately Andy decided to embed the trend-following strategies into his discretionary portfolio as a diversifier.
Andy has served as a special advisor to many international banks and companies and advised several central banks on the management of their reserves. Krieger's book, The Money Bazaar, a history of the currency markets, was published in 1992.
Andy speaks many languages, including Bengali, Spanish, French, German, Hebrew, Sanskrit, and Arabic. He has earned the Friend of India award for his social service to the country after the Tsunami in 2004, and a Congressional award for his community service. For many years he served with Nobel Peace Prize winner Muhammed Yunus on the Microcredit Summit, where Krieger was Co-Chair and head of the Council of Banks and Commercial Finance Institutions.
Imre Gams
Technical Analyst & Co-Author
Imre Gams brings the technical precision behind Thoughts on the Market. After more than fifteen years in the markets, including the last decade trading professionally, Imre has worked with traders from banks, proprietary firms, hedge funds, and private client environments.
Imre Gams brings the technical precision behind Thoughts on the Market. After more than fifteen years in the markets, including the last decade trading professionally, Imre has worked with traders from banks, proprietary firms, hedge funds, and private client environments.
His strength is turning complex market structure into clear, actionable levels. Most analysts tell you what they think may happen. Imre shows where it matters.
His framework is built around auction market theory, volume profile, market structure, and execution logic. Each week, he identifies the price levels where buyers and sellers are most likely to clash, then maps what traders should watch if those levels hold, fail, or accelerate.
After trading side by side with Andy for several years, Imre has seen how few traders truly understand risk at the highest level. That collaboration has sharpened his own process and helped create a rare combination. Macro context from one of the most respected traders of the last forty years.
Technical execution from a professional trader focused on precision, structure, and risk..
How We Work Together
Macro. Levels.
Risk. Excecution
Different strenths.
One unified process.
Built for serious traders.
MACRO
VIEW
Andy identifies the forces moving the markets.
TECHNICAL LEVELS
Imre maps the levels where those forces play out.
Risk
Structure
Together they define risk, probability, and key scenerios
