Roy Niederhoffer on crypto...

Discussion in 'Crypto Assets' started by The_Krakenite, Jun 7, 2022.

  1. ET180

    ET180

    https://www.yourdictionary.com/talking-one-s-book
     
    #21     Jun 7, 2022
    zdreg likes this.
  2. SunTrader

    SunTrader

    In between his blowups. Bought it. Was mostly a self-congratulation life story.

    PitBull was much better - story-wise and trading-wise.
     
    #22     Jun 7, 2022
  3. zdreg

    zdreg

    What do expect from a paddle ball chamption of the US, who came from the slums of Brooklyn?
    He is a great salesman, He had the ability to raise money after each blowup.One of his achievements was to expose corrupt dealings of major banks, when dealing with retail currency traders.
     
    #23     Jun 7, 2022
  4. zdreg

    zdreg

    He is not only extremely sharp, but also has a very good track record to boot.
     
    Last edited: Jun 7, 2022
    #24     Jun 7, 2022
  5. Ouch. I have that book in my library, just never got to reading it (yet) because I hardly see anyone mention it worth reading.

    I had been planning to get to Triumph of the Optimists soon, because all my other books are so 'end of the worldish' right now. I had also been planning on 'Diary of a very bad year- Confessions of an anonymous hedge fund manager', but maybe I should just get to 'Trading Sardines', since Linda Raschke seems to get some fame in the Wizards' books.

    And... today I almost picked up 'Den of Thieves' at a thrift shop. But... I have a digital copy in my inventory as well... so finally I skipped on picking up something. Amazing!
     
    #25     Jun 7, 2022
  6. johnarb

    johnarb

    Pitbull is a great book. I read it over 10 years ago. Martin Schwartz is a very good story teller. If my memory is correct, he was in one of the Market Wizards book
     
    #26     Jun 7, 2022
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  7. virtusa

    virtusa

    I am sure that the second charts is spot on. And that's the most important one for future.
    It shows the evolution since 2010, so 12 years compounded daily returns in a decline.
     
    #27     Jun 7, 2022
  8. SunTrader

    SunTrader

    He was the son of NYPD police officer. Generally, no almost always, you don't grow up in a slum if that is the case.

    Maybe you were thinking of Howard Schultz, founder of Starbucks, who grew up in public housing in Brooklyn to a single parent? Yet made billions and billions.

    Anyway to paraphrase tRump I like my expert traders to make, not lose, money.
     
    #28     Jun 7, 2022
  9. Curious @Pekelo and @JackMorgan what parts of Roy’s arguments do you disagree with?
     
    #29     Jun 7, 2022
    johnarb likes this.
  10. blink18

    blink18

    Nobody knows the future. Stop wasting your time with "predictions".
     
    #30     Jun 7, 2022