Another hedge fund falls off a cliff

Discussion in 'Wall St. News' started by crgarcia, Mar 12, 2008.

  1. The 25% drawdown is AFTER leverage, not before.
     
    #11     Mar 13, 2008
  2. THIS is a very key point for traders. There are many here who claim to be "successful" traders.

    That is, until "a series of large trades move against them", and we don't here from them anymore.

    Successful and Profitable are two different things!!!!!
     
    #12     Mar 13, 2008
  3. dont

    dont

    So true, I am always right, doesn't mean I make money, but thats the beauty of the markets, either the money is there or it is not. No arguments!
     
    #13     Mar 13, 2008
  4. ronblack

    ronblack

    What does "trading against it" means? Is this a public admission that brokers trade against their customers?

    Ron
     
    #14     Mar 13, 2008