Best Trader of All-Time

Quote from david666:

6 pages of this.....and no W.D. Gann???

""One of the most astonishing calculations made by Mr. Gann was during last summer [1909] when he predicted that September Wheat would sell at $1.20. This meant that it must touch that figure before the end of the month of September. At twelve o'clock, Chicago time, on September 30th (the last day) the option was selling below $1.08, and it looked as though his prediction would not be fulfilled. Mr. Gann said, 'If it does not touch $1.20 by the close of the market it will prove that there is something wrong with my whole method of calculation. I do not care what the price is now, it must go there.' It is common history that September Wheat surprised the whole country by selling at $1.20 and no higher in the very last hour of trading, closing at that figure."

"Yes, we have made a great deal of money. Gann has taken half-million dollars out of the market in the past few years. I once saw him take $130, and in less than one month run it up to over $12,000. Gann can compound money faster than any man I have ever met."

During the month of October, 1909, in twenty-five market days, W D Gann made, in the presence of our representative, two hundred and eighty-six transactions in various stocks, on both the long and short side of the market. Two hundred and sixty-four of these transactions resulted in profits ; twenty-two in losses.


Interesting. Where are those quotes from?
 
Quote from capitalMan:

He doesn't deserve any respect at all, a top trader don't blow up..period...all these mention about trader who blew up indicates to me that you guys believe trading is about high adrelalin and having the balls to take big risks and making big money...as if blowing up is a characteristc of a top trader...it's just unbelievable.....but I forgot this is a public forum and I am addressing retail guys...believe what u want...

top trader : Jim Simons...period (if medalion's returns is real)


Ever heard of Mark D. Cook?

Not only did he blow up, but owed 500,000 to the brokerage after bring wiped out and paid it all back.

Some folks are just tougher than others.
 
Timmy Sykes.

"Short selling penny stocks Annihilates All Indexes, Strategies & Hedge Funds. Learn how Tim turned $12415 into $2 million by short selling..."


James Lipton himself would make an exception and allow for an interview of a trader like Timmy in 'Inside the Actor's Studio.'

james+lipton.jpg
 
Quote from robbie380:

does john arnold at least get a mention here?

Spot on call, John Arnold's age makes him even more impressive

I recently read an article on alphaville I think where my favorite trader: Paul Tudor Jones and who I also think is the best said his biggest mistake of his career was missing the Credit Crisis. I have to say when you are a billionaire trader but are still humble enough to give a public interview admitting a missed opportunity you are the creme de la creme of the trading world.
 
Quote from bathrobe:

Oh my, that must be a mistake, you could not reallly have nearly 13,500 posts.

I am not being a jerk here, I have enjoyed many of your posts, you are a rare gem here. I am just a bit astonished by the number of them.

Sorry, to get off track, keep it up. :)


Thanks, but I get paid for writing and for my ideas, as a financial journalist. ET is a great place to obtain the latest and unique news and views.


surf:confused:
 
Quote from Cdntrader:

Interesting. Where are those quotes from?

They are from a book which share stories about Gann from one of the people who watched him trade.
 
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