You really think you're winning? You're delusional--my book isn't even available yet and the publicity train hasn't even begun. Seriously man, when this is all over, apply the lessons you learn to help your trading.
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A review of Timmay's hedge fund book
- Thread starter timvodas
- Start date
You really think you're winning? You're delusional--my book isn't even available yet and the publicity train hasn't even begun. Seriously man, when this is all over, apply the lessons you learn to help your trading.
Quote from Reaver:
I can't believe I've finished the whole book in less than 24 hours--last time I had this same enthusiasm about a book was when I read The Secret
-Noel Bautista, 2MinuteCommute.com
yes, please visit this site....the article of the day is setting up your home baking business...the guy definitely knows his shit when it comes to trading books.
http://www.2minutecommute.com
EXACTLY--my book's audience is much bigger than the little trading community. Why shouldn't everybody be able to learn about hedge funds ans trading?
Quote from Reaver:
A clear, unbiased view of trading...many lessons...I highly recommend it.
-Tom Alexander, Partner, Alexander Trading, Savannah River Capital Management
I like ol Tom well enough, but really..what does a Market Profile futures trader know about little rich kids playing with microcaps in a tech boom?
He knows more now thanks to my book
Now you are giving me trading advice???
I would take trading advice from Grady Harp before I would listen to you.
I would take trading advice from Grady Harp before I would listen to you.
Quote from TimothySykes:
You really think you're winning? You're delusional--my book isn't even available yet and the publicity train hasn't even begun. Seriously man, when this is all over, apply the lessons you learn to help your trading.
Tim, since completing the book does your Funds losing long position in Cygnus E Transactions (CYGT) still account for your poor performance? (Don't refer us to your book; need to know about why you still lose money AFTER book completion)
Seems like the bleeding from that bad trade should be over now?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=103093
Seems like the bleeding from that bad trade should be over now?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=103093
Quote from EPrado:
My position is working great.....I am long Reaver Calls and Long Timmay Puts.......am killing it.
Great Work my friend.
Thanks I just remembered Dave Goodboy talking about Trendfollowing and how he basically wrote a review out of his ass and got burned...then Timmay is running around making it sound like the review process is all legitimate and shit.
Quote from Reaver:
Thanks I just remembered Dave Goodboy talking about Trendfollowing and how he basically wrote a review out of his ass and got burned...then Timmay is running around making it sound like the review process is all legitimate and shit.
Look, it's very simple, if somebody likes the book, they're gonna give a good review. Professional courtesy my ass--you're not gonna stick your name on something you don't like and before I sent this book out, I'm sure the majority of people on my list didn't think very highly of me, just like you guys.
Quote from TimothySykes:
Look, it's very simple, if somebody likes the book, they're gonna give a good review. Professional courtesy my ass--you're not gonna stick your name on something you don't like and before I sent this book out, I'm sure the majority of people on my list didn't think very highly of me, just like you guys.
Marketsmurfer himself said he didn't like the Trendfollowing...but yet he STILL said it was on his top 10 book list of all time....
It is on the forum
Just funny how it all works....
Damn Tim I can't believe you threw your boy Dave under the bus like that...just wrote him off as non credible...ouch, after all the heralding he has done for you.... for shame
There's one point I should make that most people are missing - a fund which has an high inverse correlation to the S&P is extremely valuable, even if it's absolute performance is relatively poor. The reason is that it allows you to use leverage on the long side, offset by an equal investment into the short fund.
E.g. you could go 120% long the S&P, and put 20% into a short fund returning on average 0% yet which rises by 1.5 times the S&P's decline during corrections. During up moves you would make 1.2 times the S&P return, and during corrections you would lose only 0.9 times the S&P's decline. In other words, you would outperform both on the upside and downside, with lower overall volatility. This happens despite the short fund making *nothing* over the long-run.
The criticism of the recent 35%+ drawdown is perfectly justified however, unless he made spectacular returns off the recent decline. A good short-fund should basically tread water during bull markets, and make hay during declines.
E.g. you could go 120% long the S&P, and put 20% into a short fund returning on average 0% yet which rises by 1.5 times the S&P's decline during corrections. During up moves you would make 1.2 times the S&P return, and during corrections you would lose only 0.9 times the S&P's decline. In other words, you would outperform both on the upside and downside, with lower overall volatility. This happens despite the short fund making *nothing* over the long-run.
The criticism of the recent 35%+ drawdown is perfectly justified however, unless he made spectacular returns off the recent decline. A good short-fund should basically tread water during bull markets, and make hay during declines.
Quote from TimothySykes:
Look, it's very simple, if somebody likes the book, they're gonna give a good review. Professional courtesy my ass--you're not gonna stick your name on something you don't like and before I sent this book out, I'm sure the majority of people on my list didn't think very highly of me, just like you guys.
Okay, so explain this:
Quote from marketsurfer:
mr. covel is also using my name, quotes, and photo without my permission to promote his products. i wrote a positive review of his book, as is customary in the publishing business, and upon further reading of the book realized i was mistaken then immediately retracted the endorsement--- he snaged it from the "wayback" machine and is using it. i requested that he not use it,and he basically said , "make me" . i could actually ,"make him". but no longer really care one way or the other. you are not the only one....
surfer
You see? He says it himself...he wrote it as a professional courtesy...and then magically realized he didn't like it anymore......
I'm just saying...you act like it some crazy story I am making up that people write each other reviews without really thinking...
Go ahead, respond and throw your boy Smurfer/Dave Goodboy under the bus again.
There's more out there if you need it.
Don't try to act like well known people (and I use the term loosely) aren't shills and publicity whores for each other).
Once again busted.