Billionaire trader John Arnold retires at 38

Quote from ChkitOut:

yeah, i just read an article where they call him 'whiz kid' but more to the point, i don't see any trading prowess with these huge macro bets.

if i were in his shoes heck yeah, i'd retire too. take the your vegas style 'winnings' an run.
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So Soros is a gambler? What about Buffet? They all make few big trades, seems to me.
 
Quote from Swan Noir:

Whadda ya gotta do to get your props?
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I know i sound like a hater :p


but to your question about how to gain true respect as a trader. Simple, longevity. Be able to make money in any trading environment.
 
Quote from vincentvega:

So Soros is a gambler? What about Buffet? They all make few big trades, seems to me.
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they are smart no dout, buffet can find a value better than anyone but they are not TRADERS, they are just business men, they are investors. Buffet will be the first person to tell you he has no idea what the market will do today, in a week or in 3 years. Nor does he care.
 
Quote from ChkitOut:

I know i sound like a hater :p


but to your question about how to gain true respect as a trader. Simple, longevity. Be able to make money in any trading environment.
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From who, you?

I'm sure your lack of respect will lay heavy on Mr. Arnold's heart.
 
Quote from atticus:

From who, you?

I'm sure your lack of respect will lay heavy on Mr. Arnold's heart.
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ask the beatles if they think milli vanilli are legends in the music industry.
 
Quote from ChkitOut:

they are smart no dout, buffet can find a value better than anyone but they are not TRADERS, they are just business men, they are investors. Buffet will be the first person to tell you he has no idea what the market will do today, in a week or in 3 years. Nor does he care.
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You should shut it now. Buffett was an active trader in shares and bonds early in his career. Soros wasn't a trader?! The guy is in his 80s.
 
Enron was full of whiz kids. In fact, just about every fund, trading floor, utility out there right now is run by an ex-Enron employee.

and Arnold was the best of all of them

dude was brilliant
 
Quote from atticus:

You should shut it now. Buffett was an active trader in shares and bonds early in his career. Soros wasn't a trader?! The guy is in his 80s.
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I guarantee you i'm a better trader than John Arnold, I would bet anything on that.

I can estimate probability on almsost every 5 minute bar with 95% confidence on any given day, that lucky mofo couldnt even dream of doing that.
 
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