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The book sounds brilliant but the strategy does not work. There are very few investors interested in such insurance.

He does not trade. He closed down his hedge fund long ago or his investor withdrew money. To best of my knowledge.

If you followed Barry Ritholtz Business Week predictions, you would still be waiting for 6800 on Dow. He is a perma bear. Day after day every data point he keeps spinning in negative direction. http://www.businessweek.com/magazine/content/05_52/b3965416.htm

If your objective is to teach, communication is easy. If your objective is to form a cult, the more obscure the communication, more is the need of followers to follow the guru to correctly interpret it. Look at all cult behaviors. The language always is obscure. That is the way to build...

Tread split Grob, his methods and his followers http://www.elitetrader.com/vb/showthread.php?threadid=77367

Lets see what does it say: 1 A great trader has burnt out. 2 Due to other things in his life he has lost motivation. 3 He has already made enough money. Does not need to trade for it anymore. Rest is all rationalization/ marketing or lowering of investors expectations.. It has...

This is what I wrote on my blog about this today. :D At the other extreme , I read with lot of interest the explanation for yesterdays gain as vast Fed conspiracy. Now it is on a blog which is extremely popular probably one of the most popular trading blog. So according to this market guru...

The spammer operates out of Russia. All the mentioned things were tried. Obviously he/she is technically savy to beat all those things.

To each his own. Everyone finds different thing in a book. To me this is an overhyped book, sometime ago it was selling for 160 USD on Amazon and was out of print. Now it has been reissued by the publisher with major hype. I am holding on to my copy for another irrational bull market in...

Most of this book is general advise like "sell early" or "take risk". Rest is some stories from the authors life. There is nothing much if you are looking for trading/ speculation insight . IMHO.

I deleted your post because it had link to a site which has been spammed here before. Moderator

Backtesting , Monto carlo simulation, data mining is all useful concept. They are framework to build your systemic approach but they are not gospel truths. I had a long conversation with someone who has worked closely and observed a market wizards trading. Now this particular market wizard in...

You can look at all these tests you like, the reality in market is anyone who has what you are looking for may not be interested in your money. He would have closed his funds to outsiders long time before he or she meets your criteria. That is the market reality. In real life big investors...

This has been discussed before and Chit Chat was closed for sometime in 2004. The result was all the discussion spilled over in to other forums. Some Chit Chat regulars had major withdrawal symptoms. You can go back and search for the heated discussion on it. Then after a huge hue and cry...

I don't know how good a trader he is but the sneaky thing about the book is all those interviewed are either past students or instructors at his chat room. So it becomes one big infomercial. At least those TV infomercials do not ask you to pay for watching them. Here you buy high priced book...

Amazon is just like another big corporation only interested in profits. Post a review which is negative on any book on trading by the publisher of this book and you will notice what happens. I have given up on Amazon reviews because of my experience of writing reviews which were critical...

Save your money don't buy Entries & Exits : Visits to 16 Trading Rooms by Alexander Elder. You will not regret buying it. Because it is an extended infomercial for his trading seminars and chat rooms. This latest book is a high priced junk to attract more people to his trading chat room and...

Patent lawsuits. The moves are based on the ongoing litigations.

Persistent spamming of paid service by certain posters, posters whose 20 out of 27 posts are about a particular advisory service being good and services which have a history of spamming using existing and old members is the reason the thread was deleted and certain members were warned about...

Because it was being used to promote services by non sponsors through posting of links and personal messages.