Well, good luck trying to interpret his system. Keep us posted. I would contact Larry Connors lconnors at cg3.com[/emai I worked with his group for years and believe they are in the cutting edge of price research plus they own one of the largest data bases of trades ever compiled. Tell him I sent you there may be some synergy between your firms in addition. . Surf
Lots of people, who make their money on fees and costs, are wealthier than VN. But VN is freaking Rambo when it comes to beating the market and taking the contraian stance compared to JWH. surf PS-- not to mention freely teaching others and being accessible. Ever try to have dinner with J Henry?
â[Victor Niederhoffer] looked at markets as a casino where people act as gamblers and where their behavior can be understood by studying gamblers. He regularly made small amounts of money trading on that theory. There was a flaw in his approach, however. If there is aâ¦tideâ¦he can be seriously hurt because he doesnât have a proper fail-safe mechanism.â George Soros Soros on Soros (1995) âOn Wednesday Niederhoffer told investors in three hedge funds he runs that their stakes had been âwiped outâ Monday by losses that culminated from three days of falling stock prices and big hits earlier this year in Thailand.â USA Today (October 30, 1997)
\\ Please Surf. JWH made his money on profitbale trading. He did not make it on a 2% fee or any costs. Go back and look . He had some killer years. Much more than VN ever had. But like VN, he lost. The difference is JWH lost over time and did not completely blowout quick and lose ALL his investors money. VN lost EVERYTHING with a very very basic strategy that 1000's of floor traders used. At the end of the day, JWH's investors left with a good chunk of their money....VN's lost everything. At least JWH admitted the low volatility hurt him and accepted the loss.....while VN whined and cried like a baby that the floor guys pushed him out. Very weak on his part.