Quote from Deringer:
With or without modifications, his ideas just weren't very creative to begin with.
It's not just changing a few variables here and there. That's easy to do, but his basic ideas were just... crap and not very clever to begin with. Any hedge funds trading with such simple techniques are obviously not around, so I'm not sure why anyone would actually want to emulate them.
After reading your critiques of JA's book, I thought you must be a trading genius, -God, or something like that. I wanted to see what kind of knowledge I could glean from the contributions of someone so experienced as yourself, so I looked up a few of your posts. Boy was I surprised. Anyway, here are the the snippets that made me laugh the hardest:
Quotes from Deringer:
Altucher's systems are crap. His book should be retitled "How to Trade like a Shitty Hedge Fund."
It's pretty easy to tell who lost a lot of money today. Just like any other day. It's usually the same insecure and jealous ones.
How much did you make? What do you trade?
So are the puts good to buy??
Buy low, sell high - simple method.
Isn't LLC less risky....
as the name implies... limited liability.
So funny that it's always the same "big-talk" losers whining about getting pummelled in the market at the end.
Makes sense though.... the bigger the failure - the bigger the ego. ha ha
I made a lot of money today. It was definitely an easy day.
Totally wrong call. Try again. You might finally hit one if you swing enough times.
In the mean time, why try so hard to flex muscles when you don't got any?
Hector, just because you suck, and EVERYONE KNOWS you suck, it doesn't mean other people will end up like you.
think he's responding to every negative post because he has a fragile ego. He is desperate for validation so that it will boost his self-confidence.
Quite a few people behave like that around here....
It's obvious you have no holy grail. You sound like a total failure, nitro.
I'm 31. been trading for 2 years.
I don't think anyone can afford much losses if they happen enough.