I had one conversation with Mark back in 2003. He didn't detail his direct results, and we didn't talk about his returns in detail. HOwever, remember him telling me that his problem, h says, wasn't in making money. He basically says his discipline problem was in his expenditures. I think he mentioned a wife or girfriend with kids that he also supported. He just rehashed for me the stuff that was in the dicsiplined trader and trading in the zone. HIs first book, DT, was pretty wordy trying to tackle, at that time, subjects that weren't articulated very much in the trading print. Youtube has a few videos of him from the past few years, his ideas are still the same, and obviously he looks a bit older.
At the end of a day it is all about the edge. Insider info, hft technological superiority, ability to analyze available info via some unique way and so on. Money management and discipline come secondary. No mm or discipline will help anyone to beat casino in roulette.
why would anyone trade when you suckers throw $$$$ at them. they couldn't run a hedge fund because they are losers, but get you guys into the tent, easy game,
That is kind of funny. There is no point in making big money if you HAVE TO spend it on something what you don't really want to/need to...
Why not try calling Douglas' office instead of speculating about who he is or what he has done. Pretty amazing that all of you rely on stuff on the internet instead of contacting the source. Duh.
If you are implying that Douglas is a failed trader you are way off base. Get your facts straight before posting junk.
You registered today. You do not have a clue about why Trustme wrote what he did. If you understood, you'd have a chuckle. Instead of coming in and telling people to get their facts straight, why don't you shut up until you know your way around.