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  1. V

    Did Altucher fail as a trader?

    You seem to want a lesson from me so I will give you my words of advice and hopefully you will follow them and be a better trader. Look at when i signed up for this site: October, 2001. I've done 345 posts after this one. So about 30 posts or so a year. You signed up 2 months ago and...
  2. V

    Did Altucher fail as a trader?

    A) Yes. Monkey Wizards. But also, patterns have changed. Computers have arbed out many patterns including ones that had the smell of TA. this is obvious to anyone doing software testing. B) No, I have no interest in pointing out people who were removed. That's their business, not mine. but...
  3. V

    Did Altucher fail as a trader?

    A) I did answer the question B) please do your own work comparing editions and seeing who was taken out. its quite worth the effort. C) I think they thought they were using TA but they actually weren't. So I don't necessarily think they were lying, its just a bsic example of Taleb's fooled by...
  4. V

    Did Altucher fail as a trader?

    Thanks. To be honest, when I have a topic that is interesting to me and popular to readers i also get dismayed by all the anonymous comments that spew such filth and hatred it bothers me. My wife begs me not to read comments but sometimes its hard not to. I don't really like writing or...
  5. V

    Did Altucher fail as a trader?

    Yes, I think they were BSing about it. Two things: - pre computer domination there were simple pattersn that could be picked up and exploited. Note that Schwart made his money buying bonds on Friday and selling Monday. That's not TA. - Discipline was the key to success for all those guys...
  6. V

    Did Altucher fail as a trader?

    I love reading this thread. -James Altucher
  7. V

    Did Altucher fail as a trader?

    Actually, sounds like you didn't read my article. No big deal. it's just funny to me how many people insist on trashing me without reading the article or knowing the facts and they feel the need to do it right here.
  8. V

    Did Altucher fail as a trader?

    Read my blog. I wasn't late 90s and early 00s. In fact, that was my worst period of trading. As far as the 100mm fund. They were a startup and it was their own personal money. Again, i find everyone too eager to try and figure out ways to bash me. it won't work. Focus on what I say in...
  9. V

    Did Altucher fail as a trader?

    I think you guys, for some reason, feel very threatened by my article, hence the need to insult me, try to justify your findings by lying about me, try to poke holes in my argument, etc. its like a psychological thing: many of you have made the life choice to be a trader and I am calling that...
  10. V

    Did Altucher fail as a trader?

    Read the article. I answernthere. If your life philosophy is called intonquestion, just o the best youo can
  11. V

    Did Altucher fail as a trader?

    My peak trading size was about 50mm (for trading, FoF was bigger). My holding period averaged a day.
  12. V

    Did Altucher fail as a trader?

    Not sure what a piker is but i was probably working on trading 22 hours a day, which is part of what made it lose its allure for me. I have a family with 2 kids. I like to spend time with them. Its part of what I enjoy about my life.
  13. V

    Did Altucher fail as a trader?

    For the 1000th time, no. I did very well. then i did very well with a fund of funds, then I did very well as an entrepreneur. I did not do this to sell books. Every day more people read my blog than have bought all books combined. And every day I probably made more money trading than all...
  14. V

    Did Altucher fail as a trader?

    72 trades? You ask how that is statistically significant? Depending on the model a trading system can be statistically significant with as few as 20 trades. 72 is more than enough. And, again, I traded each system in there very successfully for years.
  15. V

    Did Altucher fail as a trader?

    Just for the record to correct some assumptions made on these threads: A) most of the systems in trade like a hedge fund had a statistically significant number of trades. When it didn't, I specifically said so. B) most of the systems were also used by me, successfully, to trade for...
  16. V

    Did Altucher fail as a trader?

    You are absolutely right I have an agenda: 1) I want people to be happier and less stressed. Life is short. 2) i think people who are smart enough to trade are smart enough and the type of person who can start a company that can help people. 3) I don't want people to lose money...
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    Did Altucher fail as a trader?

    Well, to be fair, one of them is a comic book.
  18. V

    Did Altucher fail as a trader?

    Gueco, not sure why you need to convince yourself of that. But not everything in life is business/money oriented.
  19. V

    Did Altucher fail as a trader?

    Rodney, if you are talking about the above, I'm James Altucher. So the reference is here.
  20. V

    Did Altucher fail as a trader?

    I think the world has changed. I think the book on trading (of my 9 books, only 1 is about short-term trading, 1 is about buffett, 1 is about hedge funds, 2 are about long-term holding, and 4 are more about personal stuff) worked when I wrote it (2003/2004) and when it came out but since 2008...
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