Now Steven Cohen is charged... why ever read another Market Wizard book?

Discussion in 'Wall St. News' started by short&naked, Jul 20, 2013.

  1. Crispy

    Crispy

    ROASO is the best book about trading ever written hands down.
     
    #21     Jul 23, 2013
  2. Humpy

    Humpy

    Jesse was a total failure. I mean he blew away fortune after fortune.

    Hopeless loser
     
    #22     Jul 23, 2013
  3. Crispy

    Crispy



    Thats why its a great fucking book/story. We can learn much from others failures.

    Emulate the right and rid the wrong.
     
    #23     Jul 23, 2013
  4. One of the first books I read on trading. Great story. A classic

     
    #24     Jul 23, 2013
  5. dtan1e

    dtan1e

    :p finally someone come out and blurt it out
     
    #25     Jul 23, 2013
  6. Pekelo

    Pekelo

    Moron. He lived in luxury all in his life since he was 17 or so...

    I wanna be such a failure...

    P.S.: You can only blow away a fortune if you made it first...
     
    #26     Jul 23, 2013
  7. Crispy

    Crispy

    Credit cards? :D
     
    #27     Jul 23, 2013
  8. Good points, electron.

    These people often have enormous egos. That can keep them going, but sooner or later it will contribute to their failure.

    Others are plainly dishonest with themselves or even deranged.

    Big Mike is the most prominent recent addition to this group of people. That's the guy who blew gobs of money as a trader and suddenly felt called to spread his trading "wisdom" with the masses.

    The word "dishonesty" does not even begin to describe this guy. He lives in an echo chamber surrounded by other losers like him some of whom are also dream peddlers (vendors of questionable repute).

    His whole forum is infested with them, but that's the safest company for him. Any other company would force him to face reality.
     
    #28     Jul 23, 2013
  9. koolaid

    koolaid

    I agree...he had personal flaws and demons.
     
    #29     Jul 23, 2013
  10. I have known of this blog, but thanks for sharing. I agree with your other comments.
     
    #30     Jul 23, 2013