At least those funds are trying to make a return on billions. Timmy's fund was always very small to begin with. I know many daytraders who have more BP than Timmy's fund has investor/personal funds. So Timmy's inability to return money - he actually lost money because he underperformed risk free T-bills or inflation - is just horrendous. He just sucks ass as a trader and can't recognize setups where buyers and sellers show high probabilities. Since he can't do that he wants to write books about all that he learned from failing to recognize buyers and sellers. No trader will buy his book, and many suckers will. I doubt he'll make it in the guru business, however.
Stop being so ignorant--I'm not claiming to be any kind of expert, just a trader willing to share his trading and experiences honestly. If you can make money without learning from the experiences of others, more power to you. But, please forgive me if I don't believe anything you say because you hide behind an alias. Whatever you think of me, you can't say that I hide behind anything because I believe that it's through honesty that people will learn the most about the stock market and trading. We need to stop being so petty and learn from each other! The fact that you think it's necessary to manage billions of dollars to be worthy of teaching important lessons just shows your closed-mindedness. Open your mind to the possibility that the 150+ people who received advanced copies of my book and said it's both entertaining and educational just may be right. Please refrain trashtalking about my trading until you know the details. Also, actually read through some of these posts before you claim I'm doing this for my ego. As you'll discover, I rip myself apart in this book--honesty first buddy
I know you're willing to share your trading experiences, because they weren't good enough lessons to allow you to learn from them and make money consistently afterwards and so sharing them is the only way you can make your losses of money worth it. You're not "just" as trader willing to share his experiences honestly - you're also a shitty trader, an asshole, and a snake oil salesman. If you deny any of those, you're a liar. So that's at least 5 things - 4 of which you neglect to mention in your promotional material. If you weren't an asshole, you would have realized that you made all that money as a kid in a bubble and then invested it in a low risk portfolio over all those years you were trying out outsmart the market by being a short seller. You could have invested the money in t-bills and used a small portion to learn how to trade in a grinding environment. But you didn't. You're a phony. Why do you still come here? You're not promoting anymore, you're making yourself look really, really stupid and arrogant. You are obviously really stupid because you can't see how your business model is flawed - it's based around selling the story of another failed trader who can't make it but has learned enough lessons to be able to sell his story. Have you read the book "Hedgehogging" by Barron Biggs? That guy's story is a lot more interesting than yours. Send me an advanced text and I'll give you an unbiased review of your book - otherwise, don't tell me I can't make judgements about it - I can. I can see by how and what you write on these forums how weak your character is why nothing you could write about in a book can be worth reading, never mind paying for.
Does anyone remember that game "NBA Jam" from way back in the day.... He's on fiiiiiiiirrrreeee! hell yeah good one Will.
shut up cocksucker- the point is that if you are receiving less ROI from trading THAN YOU COULD GET FROM A GODDAMN TREASURY BILL OR A FUCKING MONEY MARKET, OR JESUS CHRIST- EVEN A FUCKING CHECKING ACCOUNT- why the fuck would you have your money in those funds regardless of who is running them???? seriously!!??? comparing yourself to other fucking losers doesn't make you any less of a fucking loser.
don't start trying to switch over to Mr Good Samaritan righteous trader man. The posts don't lie (well, besides yours), anyone with a few hours can read through them and see all the bullshit you've posted here.
Actually I have learned the lessons in my book and am employing them right now. Stick around for a few years, you'll see the results; you're problem is that you're too short-sighted. I have read Hedgehogging and thought it mildly entertaining, but its educational value is compromised by the author's inability to disclose all the details of his investments. I don't make that mistake. Not to mention that he was born rich and didn't start from scratch like I have. You're free to make judgments about me, just don't expect to be taken seriously since you can't back them up with any details or facts. It's not your fault, you're just uninformed. Unfortunately, I'm all out of advance copies so you'll just have to wait until October 1, 2007 to make any credible statements. PS If you consider somebody who, after many, many mistakes, is still up over 50x his initial investment a few years ago, you're seriously out of your mind.
lol yeah I forgot Timmay has me on ignore so I am having to live through Will and whoever will quote me until he takes me off ignore... as good old Jack Nicholson said: You can't handle the truth! lol yeah it's fun to see the fireworks man.