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Being involved in the market during years when the markets had profits to give. Mistakenly, some think the market always has profits to provide to the screen-based non-customer driven trader. Random volatility and noise does not necessarily equate to a tradeable market. Major trends and...

I have no argument with your analysis. In fact, it is consistent with my anectodal experiences. However, I would say that, since 1990 (16 years), is but a mere blip in time and not enough to pronounce the end to a strategy that has produced billionaires and is predicated upon human nature...

The 'aliens' are clearly already among us. They work at Rennaissance and D.E. Shaw.

I understand your point, however, I would make the case that many of the smaller trend-following funds while struggling, are not fairing as poorly as their larger breathern. For all of us, both large and small, we need time and breadth to recognize the existence of a trend. Smaller choppy trends...

It wasn't bad. :) Seriously, it was unprecedented for equities (especially Nasdaq) but very little spillover into the other markets which are of utmost importance for major trendfollowers like Henry (ie. currencies, fixed income, etc.). I'm sure he made some money on Nasdaq trends but lost...

The trend-following strategies of Henry, et. al. that have created quite a number of billionaires is predicated upon a very simple but often overlooked fact, the existence of significant trends. Trend following as a strategy is a very 'market dependent' as opposed to 'practicioner dependent'...

Where can one hang a Series 7 license these days without active involvement? I'm really trying to help a friend. Kindly advise. Thanks.

I could care less. The "edge" is getting the allocation which is a rigged game, not trading the aftermarket. The aftermarket is anyone's guess unless you have an 'edge' in gauging the aftermarket flow. How does it feel to sell a stock and have it go up 500% 5 months later? Same difference, just...

The vast amount of "edges" that exist in the market (some might argue all the edge that exist) is there because of a very high barrier to entry with respect to either very specific knowledge, capital, technology, opportunity and/or relationships. As such, even if people really did tell you their...

In that case, your 'edge' may be more skill and experience than others, however, in my mind that is a very weak edge and very difficult to prove because it cannot be proven and really just works until it doesn't (ie. you never really know if you have an edge or have just gotten lucky). Very few...

You guys are all talking about strategies, not "edge". Completely different.

I like to get IPOs at the IPO offering price from Investment banks and flip them out on the first print. That's my edge. My secret is out, now let's try your experiment. All of ET should try it and let's see if it stops working. Ready? Go..

It's a serious question but thanks. I might call them to sue you for the suggestion, however. :)

Anyone know of a very competent, yet reasonably priced, accessible hedge fund attorney? I know the usual suspects, Tannenbaum, Geffner (Sadis & Goldberg), Latner (Herrick), etc. I'm looking for some other suggestions. Anyone?

You know what, my friend is an idiot. He told me he searched the web, etc. and couldn't find their website. I took him at his word. I punched it up on Google and it was the first listing. Funny, thanks.

A friend wants to contact them. Thanks.

If you told people you were a Martian it might be more credible.

And the machines don't throw off 'edge' now? Where is the new 'edge'? What is the new game? Have the hedge funds become the 'dumb' money? All the types of questions one needs to be asking.

Smart comments. Keep evolving. Think outside of the box.

To increase your bets when one is ahead is a 'trend-following' mentality a la George Soros- ie. "....it takes courage to be a pig". The logic is routed in the fact that you are trading in the "Zone" and that should continue and/or you've caught a "trend" and and big money is made by riding and...