Altucher

Discussion in 'Strategy Development' started by KevinK, Sep 22, 2005.

  1. KevinK

    KevinK Guest

    Interesting thing I heard today...James Altucher doesn't even trade systems...Not saying they don't work...just thought it was interesting as he wrote a book on them--

    kk
     
  2. He's on ET occasionally and trades for a fund of another ET participant.
     
  3. The majority who write about trading, are just that...writers. And most often they know jack shit.
     
  4. KevinK

    KevinK Guest

    He runs a fund of funds.
     
  5. I bought his book trade like a hedge fund, I only tried one system or so, but look at them all, the return is less than what youd get out of an index, no one he runs a funds of funds.
     
  6. Ebo

    Ebo

    So far, I am less than impressed with the canned Wealth Lab strategies that he "uses" in his book.
     
  7. truth
     
  8. fan27

    fan27

    His book gave me some good ideas which I turned into systems. Well worth the $25.

    fan27
     
  9. One can go to Wealth Lab (the old, still free, pre-Fidelity version) and test many of his systems. Most did well in the volatile years of 1999-2002, but many have broken down, and some trade much less frequently to the point that I have to question their statistical validity (not enough recent trades, iow).
     
  10. I thought Altucher does trade in addition to running a fund of funds.

    Reg D stuff I thought?
     
    #10     Sep 23, 2005