another guru gets swatted

Discussion in 'Trading' started by billyjoerob, Apr 26, 2014.

  1. And yet you dare to call yourself Satan's helper.

    Shame on you for choosing such an unholy name, this is pure provocation for the religious community :mad:
     
    #11     Apr 26, 2014
  2. "Satan's Helper" has shock value especially to those believers.

    ET is a childish form of amusement for me. Kind of like watching the news, politics and most people in general. Total bullshit that makes no sense but I get to participate and be a jerk.
     
    #12     Apr 26, 2014
  3. Humpy

    Humpy

    Just to carry on your theme that most traders are fibbers etc. Whatever happened to Jack Schwager's Market Wizards ? The book was written some time ago ( 24 years ) so the wheat should have been sorted from the chaff by now

    Michael Marcus
    Bruce Kovner
    Richard Dennis
    Paul Tudor Jones
    Gary Bielfeldt
    Ed Seykota
    Larry Hite
    Michael Steinhardt
    William O'Neil
    David Ryan
    Marty Schwartz
    James B. Rogers
    Mark Weinstein
    Brian Gelber
    Tom Baldwin
    Tony Saliba
    Dr. Van K. Tharp
     
    #13     Apr 27, 2014
  4. Humpy

    Humpy

    Career[edit]
    Marcus began his trading career in 1972, when he bought plywood futures with his life savings of $700. In the summer of 1972 President Richard Nixon froze prices of some commodities, but the futures contracts rallied sharply, increasing Marcus' stake from $700 into $12,000. In 1973 he turned $24,000 into $64,000.[citation needed] He also used Freight derivatives.

    Marcus learned money management from Ed Seykota, whom he met while working as an analyst.[2] He was a founding trader of Commodities Corporation, where he was chief currency trader and hired and taught Bruce Kovner as a trader.[2][3] Marcus blamed the ending of his first marriage on his having to check the markets every two hours throughout the night.[4] Marcus eventually became an EVP at Commodities Corporation. Marcus has recently invested in small-company stock through his holding company Canmarc Trading Co and later made private-placement investments in small OTC Bulletin Board listed companies like Prospector Consolidated Resources[5] and Encore Clean Energy Inc[5] and Pink Sheets Touchstone Resources.

    ViRexx Medical Corp, a company focused on immunotherapy treatments for certain cancers, chronic hepatitis B and C, and embolotherapy treatments for tumors, announced Marcus's election to its Board of Directors at its Annual General Meeting held May 25, 2006.

    Marcus was featured by Thomas A Bass, in the book The Predictors: How a Band of Maverick Physicists Used Chaos Theory to Trade Their Way to a Fortune on Wall Street.[6] Marcus was described as a chartist who "keeps an eye on market penetration and resistance."
     
    #14     Apr 27, 2014
  5. A few.

    Buddy Fletcher featured in "Stock Market Wizards".

    http://nypost.com/2013/11/28/report-fletcher-fund-like-ponzi-scheme/

    New York hedge-fund manager Alphonse “Buddy” Fletcher is looking more and more like Bernie Madoff.

    Fletcher’s master hedge fund, Fletcher International, which filed for bankruptcy protection in June 2012, was a fraud with “many of the characteristics of a Ponzi scheme,” according to a bombshell report.

    After a year-long investigation, trustee Richard J. Davis concluded this week in a nearly 300-page report that there were virtually no assets left to pay Fletcher’s creditors.
     
    #15     Apr 27, 2014
  6. Ahmet Okumus profiled in "stock market wizards"

    http://www.efinancialnews.com/story...to-investors?ea9c8a2de0ee111045601ab04d673622

    Okumus Capital, an 11-year old equity long-short hedge fund manager, told investors in a letter obtained by Financial News, it was unwinding its four funds at the end of the year because of 18 months of poor performance.

    Ahmet Okumus, the president of the hedge fund manager, said in the letter poor performance in November combined with sizable redemptions from managed accounts have made it impractical for the firm to continue past the end of the year.
     
    #16     Apr 27, 2014
  7. That means being able to make money in all conditions, rain shine or snow, over an extended period of time. Bull, Bear or choppy markets doesn't matter. It also means for a full time day trader being able to extract money every single day with rarely a losing day and being skillful to find ample opportunities whether the market is in a 30 tick or 300 tick range.

    NoDoji fulfills all these conditions.

    By her own admission, she rarely has a single losing day over the last 5 years, has strategies that has encompassed most market phenomena and that it has become "very difficult" to lose money in the markets. She has also said that she has at least 6 trading opportunities a day, no matter what. Furthermore, she has mentioned that the days she loses money is only due to the internet going down or not following her rules on rare occasions.

    This is the definition of consistent success and master trader.
     
    #17     Apr 27, 2014
  8. cornix

    cornix

    Rarely a losing day is the only definition of successful trader and so everyone else is a loser? :eek:
     
    #18     Apr 27, 2014
  9. Rarely a losing trade is the definition of hindsight, fraud or supernatural ability.
     
    #19     Apr 27, 2014
  10. cornix

    cornix

    Hindsight it's usually never a losing trade. :D
     
    #20     Apr 27, 2014