You guys are quite right, he does not mention Gann, nor does he use any of his techniques that are clearly and irrefutably visible to you, as a consequence, you should definitely disregard all references to Gann or to any methods PTJ uses to trade in this thread
RCG, I can see by your nod/wink remark that you're bursting at the seams with all kinds of secret knowledge, as you "try" to misdirect us in your stage whisper. Even though: And I thought Porky Pig was a ham actor.
I know logic is an issue for you T-Dog, so I simply stated, that if you can't see it, then it isn't there for you. Everything I use is in public domain, but it does require an aptitude to process, and everyone just does not have that. I was simply conceding the argument, that's all. Gann is quackery, and PTJ does not use it, okay, fine. I am not one to try to change people's perceptions of reality
Very well. I wish you and your aptitude much happiness and success together. Not to mention those 30%+ days, which are evidently not at all unusual for you.
No offense RCG but you sound just like marketsurfer circa 2002. See my interviewS on this site and others ( if it's not been purged). I won't be surprised if within a couple years you will get exactly what I'm talking about. By the way, Winner take all by Gallacher is a good place to start.... Best wishes, surf ps. There was a famous hedge fundee who appeared on FNN or CNBC back in the day with a Gann wheel on the wall behind him..... I read a little too much into this hint.....
Video is still up... Anyhow, in the book published last year, More money than God, there is a chapter about PTJ. It references this documentary and quotes it heavily. That 14 pages in the book (130-144) by the way reveal way more about PTJ's strategies than the film. So if you are interested in learning more about PTJ and want to know his returns in the mid-80s, check it out. The book is a pretty good introduction about HF history and the major players....
http://www.amazon.com/More-Money-Than-God-Making/dp/1594202559 More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby
It is a really interesting book, with lots of insider stories. I have just finished the chapter on Soros, playing the Asian crises in '97. In January they sent their experts to see how the economy is doing, because they suspected that a weakness was brewing. They interviewed a high official at the Bank of Thailand and got confirmation that the government couldn't support the baht for too long. Mind you, this is basicly insider info, because you and me don't get an audience with such officials who reveal such opinion. So they shorted the baht and eventually made 700 million on it. Then although they did see the same situation in South Korea, they completely missed that trade. Later on although Soros had enough info on the Russian situation, he kept staying long of the rubel and lost 800 million, because he wanted to support the young democracy. So even though correctly predicting 3 big plays, they still ended up in the red including one missed trade...