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{{short description|American commodities trader}}
{{Article issues|
{{update|date=November 2010}}
{{Verifiability|date=March 2012}}
}}
'''Toby Crabel'''<ref name=nyt1>{{cite news
'''Toby Crabel'''<ref name=nyt1>{{cite news
| last = Harmon
| last = Harmon
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| publisher = The New York Times
| publisher = The New York Times
| date = July 23, 1998
| date = July 23, 1998
| url = http://query.nytimes.com/gst/fullpage.html?res=9C03E6D61739F930A15754C0A96E958260&sec=&spon=&pagewanted=all
| url = https://query.nytimes.com/gst/fullpage.html?res=9C03E6D61739F930A15754C0A96E958260&sec=&spon=&pagewanted=all
| accessdate = 2012-03-07 }}</ref> is a United States self-made millionaire [[commodity market|commodities]] [[trader (finance)|trader]]. The [[Financial Times]] called Crabel "the most well-known trader on the counter-trend side"<ref name="search1">{{cite web|url=http://search.ft.com/searchArticle?queryText=crabel&javascriptEnabled=true&id=050124007514 |title=FT.com |publisher=Search.ft.com |date= |accessdate=2012-07-27}}</ref> He is the fund manager of "Crabel Capital Management".<ref>{{cite journal
| access-date = 2012-03-07 }}</ref> (born 1955)<ref>{{cite web|title=Player's details – Toby Crabel|url=http://www.itftennis.com/procircuit/players/player/profile.aspx?playerid=10005955|website=www.itftennis.com|publisher=[[International Tennis Federation]] (ITF)}}</ref><ref name=":1" /> is a tennis player who is now a [[commodity market|commodities]] [[trader (finance)|trader]]. In 2005, the ''[[Financial Times]]'' called Crabel "the most well-known trader on the counter-trend side".<ref name="search1">{{cite web|url=http://search.ft.com/searchArticle?queryText=crabel&javascriptEnabled=true&id=050124007514 |title=FT.com |publisher=Search.ft.com |access-date=2012-07-27}}</ref> He is the fund manager of "Crabel Capital Management,"<ref>{{cite journal
| last = Franiak
| last = Franiak
| first = Frank J.
| first = Frank J.
| title = Managed Futures: Poor Performance Overshadows Success Stories
| title = Managed Futures: Poor Performance Overshadows Success Stories
| work = Futures Industry Magazine
| journal = Futures Industry Magazine
| publisher = [[Futures Industry Association]]
| publisher = [[Futures Industry Association]]
| date = August 2000
| date = August 2000
| url = http://www.futuresindustry.org/fimagazi-1929.asp?a=654
| url = http://www.futuresindustry.org/fimagazi-1929.asp?a=654
| accessdate = 2012-03-07}}{{registration required}}</ref> 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 [[Assets under management|AUM]], July 2005''.<ref name=ARmag>{{cite news
| access-date = 2012-03-07}}{{registration required}}</ref> which has previously ranked highly on ''[[Absolute Return]]'' magazine's list of [[United States|US]] groups with more than $1 billion [[Assets under management]].<ref name=ARmag>{{cite news
| last = Cohen
| last = Cohen
| first = Barry
| first = Barry
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| date = September 2005
| date = September 2005
| url = http://www.deshaw.com/articles/BillionDollarClub_AbsoluteReturn.pdf
| url = http://www.deshaw.com/articles/BillionDollarClub_AbsoluteReturn.pdf
| accessdate = 2006-11-19 |archiveurl = http://web.archive.org/web/20061114013653/http://www.deshaw.com/articles/BillionDollarClub_AbsoluteReturn.pdf <!-- Bot retrieved archive --> |archivedate = 2006-11-14}}</ref> This ranking of the top 196 money managers in the country is over seven years out-of-date. Mr Crabel manages 3.2 billion dollars and had a growth of 16.7% in 2005.{{Citation needed|date=March 2012}} Crabel has consistently earned positive returns, year after year. He has avoided having a single losing year from 1991 to 2002.<ref>{{cite web|url=http://www.freewebs.com/crabelcapital/index.htm |title=Crabel capital |publisher=Freewebs.com |date= |accessdate=2012-07-27}}</ref> Crabel is also an author. He wrote the book ''Day Trading with Short-term Price Patterns'', which can be found on [[eBay]] for upwards of $1,000 a copy.<ref name="search1"/>
| access-date = 2006-11-19 |archive-url = https://web.archive.org/web/20061114013653/http://www.deshaw.com/articles/BillionDollarClub_AbsoluteReturn.pdf <!-- Bot retrieved archive --> |archive-date = 2006-11-14}} '''N.B.''' This ranking of the top 196 money managers in the country is over seven years out-of-date.</ref> 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.<ref>{{cite web|url=http://www.freewebs.com/crabelcapital/index.htm |title=Crabel capital |publisher=Freewebs.com |access-date=2012-07-27}}</ref>
Crabel released his book, ''Day Trading with Short-term Price Patterns'', in 1990.<ref name="search1"/> Crabel is still an active tennis player and as of November 2021, was ranked No.1 seeded player in 65 and over age range.<ref name=":0" />


== Education ==
== Education ==
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| date = February 3, 2002
| date = February 3, 2002
| url = http://www.mfainfo.org/events/network2002/speakers/speaker_bios.asp
| url = http://www.mfainfo.org/events/network2002/speakers/speaker_bios.asp
| accessdate = 2006-08-15 }}</ref>
| access-date = 2006-08-15 }}</ref>


== Career ==
== Tennis career ==
Since 1973 (age of 18), he has been playing professional tennis.<ref name=":1">{{Cite news|date=1973-10-28|title=Quiet Toby Crabel Enjoyed National Circuit|pages=8–C|work=News-Press|url=https://www.newspapers.com/clip/91803635/news-press-fort-myers-florida-28-oct/|access-date=2022-01-04}}</ref> In 1978, he was ranked as 328th player.<ref>{{Cite web|title=Tennis Abstract: Toby Crabel Match Results, Splits, and Analysis|url=http://www.tennisabstract.com/cgi-bin/player-classic.cgi?p=TobyCrabel|access-date=2022-01-04|website=www.tennisabstract.com}}</ref> He participated in [[1980 French Open – Men's Doubles|Men's Double in 1980 French Open]].
In 1975, while attending college, Toby began to trade the [[Financial instruments|markets]]. In the late 1980s, Crabel published a series of articles detailing various short-term price patterns for futures trading.<ref name=AT1>

In May 2021, Crabel Capital, which is Cabel's company hosted a 65 over tournament competition. At the time Crabel was ranked as No. 2 seeded player in 65 and over age group.<ref>{{Cite web|date=2021-05-17|title=Barnes Tennis Center Hosts Crabel Capital Men's 65 Tournament Through Sunday|url=https://timesofsandiego.com/sports/2021/05/17/barnes-tennis-center-hosts-crabel-capital-mens-65-tournament-through-sunday/|access-date=2022-01-04|website=Times of San Diego|language=en-US}}</ref><ref>{{Cite web|date=2021-05-21|title=Singles Semis Set at USTA Crabel Capital Men's 65 National Hard Court Championships|url=https://www.tennispanorama.com/archives/71661|access-date=2022-01-04|website=Tennis Panorama|language=en-US}}</ref>

In November 2021, he won 65 and over single's championship held by New Orleans Lawn Tennis Club (NOLTC). At the time he was ranked as No. 1 seeded player in the 65 and over age group.<ref name=":0">{{Cite web|last=Papillion|first=Jude|date=2021-11-04|title=Men's 60/65 tennis tournament at NOLTC features competitive players, exciting play|url=https://tulanehullabaloo.com/57828/sports/mens-60-65-tennis-tournament-at-noltc-features-competitive-players-exciting-play/|access-date=2022-01-04|website=The Tulane Hullabaloo}}</ref>

== Financial career ==
In 1975, while attending college. Crabel began to trade the [[Financial instruments|markets]]. In the late 1980s, Crabel published a series of articles detailing various short-term price patterns for futures trading.<ref name="AT1">
{{cite news
{{cite news
| last = Hartle
| last = Hartle
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| date = April 2003
| date = April 2003
| url = http://www.activetradermag.com/pdf/April-2003_Issue.pdf
| url = http://www.activetradermag.com/pdf/April-2003_Issue.pdf
| accessdate = 2006-11-19 |archiveurl = http://web.archive.org/web/20061016235620/http://www.activetradermag.com/pdf/April-2003_Issue.pdf <!-- Bot retrieved archive --> |archivedate = 2006-10-16}}</ref> 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 [[Trader (finance)|floor traders]]. He left Niederhoffer Investment in 1993 to focus exclusively on managed futures trading.{{citation required|date=March 2012}} During 1998, he ran his [[hedge fund]] out of his house, located in a rural area northwest of [[Milwaukee]].<ref name=nyt1/> In January 1992, he started running his flagship Diversified Futures program, which closed to new investments in 2001 and has had positive returns from inception through 2006.<ref name="marhedge1">{{cite news
| access-date = 2006-11-19 |archive-url = https://web.archive.org/web/20061016235620/http://www.activetradermag.com/pdf/April-2003_Issue.pdf <!-- Bot retrieved archive --> |archive-date = 2006-10-16}}</ref> He worked as a trader for [[Victor Niederhoffer]] at his firm in New York, while also giving short-term market advice to [[Trader (finance)|floor traders]]. He left Niederhoffer Investments in 1992 to focus exclusively on managed futures trading.{{citation needed|date=March 2012}} 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]].<ref name="nyt1" /> Diversified Futures closed to new investments in 2001 and had positive returns from inception through 2006.<ref name="marhedge1">{{cite news
| title = Lock and Load
| title = Lock and Load
| work = Features
| work = Features
| publisher = [[MarHedge]]
| publisher = [[MarHedge]]
| date = 2006
| year = 2006
| url = http://www.freewebs.com/crabelcapital/crabelcapital-marhedge-may08-06a.htm }}</ref>
| url = http://www.freewebs.com/crabelcapital/crabelcapital-marhedge-may08-06a.htm }}</ref>


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 over $3.2B.<ref name=crabelweb>{{cite web| title = Crabel Website| work = About Founder| date = 2006| url = http://www.crabel.com/index.htm|accessdate = 2006-08-15 }}</ref> Crabel manages these funds with a staff of 31 researchers and 28 traders.
He currently manages private client funds though Crabel Fund Ltd for non-US clients and through Crabel Fund LP for US clients. As of 2022, [[assets under management]] are $7.5Bn.<ref name=crabelweb>{{cite web| title = Crabel Website| work = About Founder| year = 2006| url = http://www.crabel.com/index.htm|access-date = 2006-08-15 }}</ref> Crabel manages these funds with a staff of 31 researchers and 28 traders.<ref name="marhedge1" />
<ref name="marhedge1" />

== Bibliography ==


==Bibliography==
{{cite book
{{cite book
| last = Crabel
| last = Crabel
| first = Toby
| first = Toby
| authorlink = Toby Crabel
| author-link = Toby Crabel
| title = Day Trading With Short Term Price Patterns and Opening Range Breakout
| title = Day Trading With Short Term Price Patterns and Opening Range Breakout
| publisher = Traders Press
| publisher = Traders Press
| date = 1990
| year = 1990
| isbn = 0-934380-17-1 }}
| isbn = 0-934380-17-1 }}


==See also==
==See also==

* [[David Harding (finance)]]
* [[David Harding (finance)]]
* [[Monroe Trout]]
* [[Monroe Trout]]
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* [[Victor Niederhoffer]]
* [[Victor Niederhoffer]]


== Notes ==
==References==
{{reflist}}
{{Reflist}}


==External links==
==External links==
*[http://www.crabel.com/index.htm Official Website]
* [http://www.crabel.com/ Official website]
*[http://www.mypivots.com/dn/ Toby Crabel Price Patterns calculated daily for futures]
* [http://www.mypivots.com/dn/ Toby Crabel Price Patterns calculated daily for futures]
* {{ATP|c180}}
*[http://www.google.co.uk/books?q=Toby+Crabel&as_brr=0 Referenced in Books]
* {{ITF profile}}
*[http://www.flix.ino.com/preview/author.html?authorid=90 Instructional Videos by Toby]
* [https://www.google.com/books?q=Toby+Crabel&as_brr=0 Referenced in Books]
{{link rot|date=November 2012}}
* [http://www.pointzero-trading.com/FreeMetatraderDownloads/view/13 Toby's Stretch Free MT4 Indicator]

{{Authority control}}


{{Authority control|VIAF=41016990}}
{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
| NAME = Crabel, Toby
| ALTERNATIVE NAMES =
| SHORT DESCRIPTION =
| DATE OF BIRTH = 1955
| PLACE OF BIRTH =
| DATE OF DEATH =
| PLACE OF DEATH =
}}
{{DEFAULTSORT:Crabel, Toby}}
{{DEFAULTSORT:Crabel, Toby}}
[[Category:1955 births]]
[[Category:1955 births]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:American investors]]
[[Category:American investors]]
[[Category:American male tennis players]]
[[Category:American money managers]]
[[Category:American money managers]]
[[Category:American commodities traders]]
[[Category:American commodities traders]]
[[Category:American financial analysts]]
[[Category:American financial analysts]]
[[Category:American hedge fund managers]]
[[Category:American hedge fund managers]]
[[Category:Stock and commodity market managers]]
[[Category:Stock and commodity market managers]]
[[Category:University of Central Florida alumni]]
[[Category:University of Central Florida alumni]]

Latest revision as of 09:08, 11 November 2022

Toby Crabel[1] (born 1955)[2][3] is a tennis player who is now a commodities trader. In 2005, the Financial Times called Crabel "the most well-known trader on the counter-trend side".[4] He is the fund manager of "Crabel Capital Management,"[5] which has previously ranked highly on Absolute Return magazine's list of US groups with more than $1 billion Assets under management.[6] 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.[7]

Crabel released his book, Day Trading with Short-term Price Patterns, in 1990.[4] Crabel is still an active tennis player and as of November 2021, was ranked No.1 seeded player in 65 and over age range.[8]

Bildung

[edit]

Crabel attended the University of Central Florida and majored in finance.[9]

Tennis career

[edit]

Since 1973 (age of 18), he has been playing professional tennis.[3] In 1978, he was ranked as 328th player.[10] He participated in Men's Double in 1980 French Open.

In May 2021, Crabel Capital, which is Cabel's company hosted a 65 over tournament competition. At the time Crabel was ranked as No. 2 seeded player in 65 and over age group.[11][12]

In November 2021, he won 65 and over single's championship held by New Orleans Lawn Tennis Club (NOLTC). At the time he was ranked as No. 1 seeded player in the 65 and over age group.[8]

Financial career

[edit]

In 1975, while attending college. Crabel began to trade the markets. In the late 1980s, Crabel published a series of articles detailing various short-term price patterns for futures trading.[13] 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.[14]

He currently manages private client funds though Crabel Fund Ltd for non-US clients and through Crabel Fund LP for US clients. As of 2022, assets under management are $7.5Bn.[15] Crabel manages these funds with a staff of 31 researchers and 28 traders.[14]

Bibliography

[edit]

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

See also

[edit]

References

[edit]
  1. ^ a b Harmon, Amy (July 23, 1998). "Talk, Type, Read E-Mail". Technology. The New York Times. Retrieved 2012-03-07.
  2. ^ "Player's details – Toby Crabel". www.itftennis.com. International Tennis Federation (ITF).
  3. ^ a b "Quiet Toby Crabel Enjoyed National Circuit". News-Press. 1973-10-28. pp. 8–C. Retrieved 2022-01-04.
  4. ^ a b "FT.com". Search.ft.com. Retrieved 2012-07-27.
  5. ^ Franiak, Frank J. (August 2000). "Managed Futures: Poor Performance Overshadows Success Stories". Futures Industry Magazine. Futures Industry Association. Retrieved 2012-03-07.(registration required)
  6. ^ Cohen, Barry (September 2005). "Billion dollar club keeps growing" (PDF). Research. Absolute Return magazine. Archived from the original (PDF) on 2006-11-14. Retrieved 2006-11-19. N.B. This ranking of the top 196 money managers in the country is over seven years out-of-date.
  7. ^ "Crabel capital". Freewebs.com. Retrieved 2012-07-27.
  8. ^ a b Papillion, Jude (2021-11-04). "Men's 60/65 tennis tournament at NOLTC features competitive players, exciting play". The Tulane Hullabaloo. Retrieved 2022-01-04.
  9. ^ "Network 2002". Speaker Bios. Managed Funds Association. February 3, 2002. Retrieved 2006-08-15.
  10. ^ "Tennis Abstract: Toby Crabel Match Results, Splits, and Analysis". www.tennisabstract.com. Retrieved 2022-01-04.
  11. ^ "Barnes Tennis Center Hosts Crabel Capital Men's 65 Tournament Through Sunday". Times of San Diego. 2021-05-17. Retrieved 2022-01-04.
  12. ^ "Singles Semis Set at USTA Crabel Capital Men's 65 National Hard Court Championships". Tennis Panorama. 2021-05-21. Retrieved 2022-01-04.
  13. ^ Hartle, Thom (April 2003). "Opening shots" (PDF). Trading Strategies. Active Trader Magazine. p. 23. Archived from the original (PDF) on 2006-10-16. Retrieved 2006-11-19.
  14. ^ a b "Lock and Load". Features. MarHedge. 2006.
  15. ^ "Crabel Website". About Founder. 2006. Retrieved 2006-08-15.
[edit]