Wohl of Wall Street: high school hedge fund manager

Discussion in 'Wall St. News' started by blakpacman, Mar 18, 2015.

  1. Chris Mac

    Chris Mac

    So we agree. This boy considers trading like Poker, with a $500 minimum stack.
    It doesn't shock me.
    20 years ago, it was impossible to make money in Texas Hold Em with $500.
    Now it is possible.
    I think it is the same with electronic trading. Transactions costs and barriers to entry are close to ZERO. But as electronic Poker, less than 1% could succeed.

    Chris Mac
     
    #31     Apr 1, 2015
  2. "with a $500 minimum."

    hmmm I'm not sure if I should trust him with my hard earned 500 bucks...
     
    #32     Apr 1, 2015
  3. i960

    i960

  4. This is absolutely awesome...
     
    #34     Aug 23, 2016
    sle and Clubber Lang like this.
  5. InfoTech

    InfoTech

    New development in this matter.

    http://www.nfa.futures.org/news/newsRel.asp?ArticleID=4800

    For Immediate Release
    March 02, 2017

    NFA bars Los Angeles, Calif. commodity trading advisor Nex Capital Management LLC and its principal, Jacob Wohl, from membership

    March 2, Chicago—National Futures Association (NFA) has permanently barred Los Angeles, Calif. commodity trading advisor Nex Capital Management LLC (Nex Capital) and its sole principal and associated person, Jacob Wohl, from membership and from acting as a principal of an NFA Member.

    The Decision, issued by an NFA Hearing Panel, is based on a Complaint authorized by NFA's Business Conduct Committee (BCC) on August 19, 2016. The Hearing Panel found that Nex Capital and Wohl willfully failed to cooperate with NFA by refusing to submit to an examination of Nex Capital. Such conduct on the part of Nex Capital and Wohl strikes at the heart of NFA's examination function, which depends upon the full cooperation of NFA Members in order to operate effectively.

    The complete text of the Complaint and Decision can be viewed on NFA's website.
     
    #35     Mar 3, 2017
    sle likes this.