22 things you need to know about trading from Vic Niederhoffer

Discussion in 'Trading' started by marketsurfer, May 2, 2013.

  1. You need to say what you will accept first-- otherwise you have room to say " i don't accept that" once its provided. right? :D
     
    #81     May 3, 2013
  2. zdreg

    zdreg

    there was a mod once who did the same thing. baron god rid of him. of course if you ask some other mod he will tell that he resigned.

    maybe marketsurfer will be forced to make official i am leaving post.
     
    #82     May 3, 2013
  3. Dude,

    Please stop. DDOC's only have AUM at the time the docs are executed--- this could be years prior to AUM max--- but you know this......

    surf:confused:
     
    #83     May 3, 2013
  4. jem

    jem

    its not a hate vibe... its an anti bullshit vibe.
    I might even like VN if I knew him personally this has less to do with him than calling bullshit on your idea of great trading.

    many of us know how hard it is to grind out a real living trading with your own real money.

    we don't accept that fact that someone who blows up others money multiple times is a great trader.

    As I have said before I am impressed with his squash.
    Now I impressed with his mentoriing.
    I am not impressed with his trading record.
    Its not great trading to make trades and then sell vol til you blow up. Its just another way to double down on the way down.

    We have all seen people blow up doing that many times.
     
    #84     May 3, 2013

  5. I am not editing nor am I able to edit anyone's posts--- WTF?

    Bottom line is Atticus needs to advise exactly what he will accept as proof of AUM-- which I am still waiting for.

    thanks, surf

    The facts are bloomberg has the AUM at 350plus a long time prior to the highwater level-- about a year-- and Matador had impressive performance again during that year which built more AUM not to mention the other two funds plus managed accounts. Atticus has no way of knowing these details yet he is willing to bet "any amount" ? I'm a nice guy and will decline----
     
    #85     May 3, 2013
  6. Pekelo

    Pekelo

    I thought that sounded a bit too good, I didn't have time to read the whole article. I knew her husband was in the industry and raking in, that doesn't mean she can not be successful....

    -------------------------------

    By the way about the Matador issue, if I recall there were 2-3 funds, so it is possible that both Surf and Atticus are right, none of the funds went over 500 million but together they could have...

    -------------------------------

    Going back to an old Surf's defense, the "he made more money than he lost" in his professional life, since he was trading more and more capital, it is entirely possible to blow more than what he made previously...

    A la Paulson....
     
    #86     May 3, 2013
  7. murrica

    murrica

    I believe atticus was saying that you would post then edit, but there would be a race condition whereby he was quoting your post before your edit.. and thus his quote of your post was out of date.
     
    #87     May 3, 2013
  8. Pekelo

    Pekelo

    Anyhow here is Karen the "super trader":

    "Board of Directors

    Karen Bruton received her bachelor’s degrees in math and Accounting from the University of North Carolina. She received her M.B.A. from Wake Forest University. She is a CPA, has worked in Public Accounting, and has spent over 25 years as a Vice President and Corporate Controller of two corporations. In 2007, Karen decided to leave the corporate world and founded a non-profit 501(c)3 organization called Just Hope International.

    Karen became involved in the stock market over 10 years ago. She has managed a closed hedge fund for several years and opened an additional hedge fund in 2011. She has experience in trading equities, exchange-traded funds, options, indices and futures with complex strategies."

    Her charity:

    http://www.justhopeinternational.org/About_JHI/Our_Team/

    She lives in Brentwood, Tennessee

    By the way Surf, you already knew this, since you have participated in the thread where we discussed this:

    http://www.elitetrader.com/vb/printthread.php?threadid=254834
     
    #88     May 3, 2013
  9. Now I am really truly confused-- There are two Karens? One is the hedge fund wife/mogul in NYC who has nothing to do withi the one on TOS? Completely different people? Just to clarify, my questions were about the TOS Karen supertrader not Karen F. from NYC---- whoaaaa talk about obfusication---how did Karen F become part of this chat?
     
    #89     May 3, 2013
  10. Pekelo

    Pekelo

    That was my fault, I just threw her in because I thought she was sexy. :)

    (and to show that there are other "heros" out there, 2 sets of twins, my vagina hurts just to think about that)

    But again, we already discussed Karen Bruton and her African charity back in last December, I am surprised you forgot, specially that you posted after we gave her name...

    Anyhow, sorry for the confusion...

    Edit: Apparently she is also an author:

    "Her first book, Finerman's Rules: Secrets I'd Only Tell My Daughters About Business and Life will be published on June 4, 2013"
     
    #90     May 3, 2013