Recent content by Reality trader

Let's see, Cramer did what as a hedge fund manager? Something like an annualized 24% compounded return over 14 years managing up to 300 million. That's puts him in a select class and near the long term returns of Buffett and Soros. I think all the Cramer bashers must be broke because...

This is all hindsight analysis.

I would be very skeptical of believing what you don't see and only what you hear. Meaning, look at the documented returns of CTAs, CPOs, hedge fund traders, money managers, mutual fund managers, etc. If you make 30% per annum over a period of 10 years you are a superstar. The only place you...

On the plus side Rogers has made more money than 99.99% of his critics. He was in the right place at the right time in the 70s. He had the smarts to exploit the opportunities at hand. On the negative side, the WSJ had an article on him many years ago. Accoring to the article he went...

>That's absurd...a brokerage would never show statements or release hard figures of their customers profits.<<<< You must be a complete rookie if you believe that. There have been several studies among traders at stock and futures firms on the profits and losses of their customers. To...

This is too long of a thread to read so I apologize if this has been said. Consistently successful daytraders are more myth than reality. If there were big profits to be made from zigging in and out of stocks intraday, the hedge funds would be playing that niche. Instead, they would kill to...