Do As I Say, Not As I Do

Quote from rjlund:

Mark Fisher


This is the one guy I don't get. Does he really clear most of the Crude Oil traders? Why bother to give seminars about basically pivot lines? His answer, "I am the greediest person..." What gives here?

I can see his summer internships. Helping young people and possibly mining for new talents is a double edged sword.

The best part about the seminar I listened to was when the youngster in his son's class frantically called him at work. Hillarious!
 
Quote from anan106:

First, can you explain to me what is the differece between "say" and "do'' please?
Then I will tell you more about why I disagree with you.
Moreover, maybe this website can say something you are puzzled:
Http://www.sztozed.com
:p


EASY. Steve46 "says" he's a "professional" trader but in reality what he "does" by his posts indicate otherwise (most likely a papertrader). What's so difficult about that concept?
 
Quote from PCanyon:

Van Tharp, Perry Kaufman, John Murphy, Jake Weinstein, Stanley Kroll (RIP), John Hill, Elder

Ok, all these guys are authors and probably made out real well selling books and even a few "systems". But as far as I know, they made their reputation writing about markets, not trading.

So, who has walked the walk and then talked?

Anyone read anything other than Pitbull from a trader? And anything worthwhile? Pitbull was entertaining but come on, I'm not bankin' on T theory and a 10 SMA ( or was it an EMA).

Let's get Larry Williams out of the way. He's been beaten to death all over cyber message land. He went long genes with that hottie daughter but anything else about the guy is too mysterious.

Anyone esle who traded and then wrote good stuff?

Are you high? Stanley Kroll was a fucking awesome trader. Maybe people don't like what he has to say because it's not a bunch of crazy shit, but his books are awesome, and he was a real trader who made some really good money trading. He was definitely not just a theorist.
 
Quote from winter:

I dont think you can use sports as an analogy. There are physical limitations & inherited genetic characteristics that can prevent someone from excelling in a given sport yet that could still be an excellent coach in that sport.

I cannot think of any reason why a trading coach should not be able to trade successfully using the methods that they attempt to teach - they may *choose* not to for a variety of reasons but there should be no reason why they couldn't do what they teach if they wanted to.

Trading is totally different than writing about trading.
Psychology...fear, greed, lust...etc...
 
Quote from squall:

Are you high? Stanley Kroll was a fucking awesome trader. Maybe people don't like what he has to say because it's not a bunch of crazy shit, but his books are awesome, and he was a real trader who made some really good money trading. He was definitely not just a theorist.

According to my copy of "The Professional Commodity Trader" by Stanley Kroll, he took $664.379 in 1971 to $2,985,138 in 1973. Much of this was managed money, but he took his own account beginning in July 1971 with $18,000 to $730,789 in September, 1973, a gain of 1,634% annualized (a gain many here at ET claim can't be done).

The book, written in 1974, described some of the trades he made during this period. I would not have included Kroll in the list by the OP.

OldTrader
 
Quote from OldTrader:

According to my copy of "The Professional Commodity Trader" by Stanley Kroll, he took $664.379 in 1971 to $2,985,138 in 1973. Much of this was managed money, but he took his own account beginning in July 1971 with $18,000 to $730,789 in September, 1973, a gain of 1,634% annualized (a gain many here at ET claim can't be done).

The book, written in 1974, described some of the trades he made during this period. I would not have included Kroll in the list by the OP.

OldTrader

This is back before derivatives like s&p's and most options. Back then they called guys like this buffalo's because they would buy something, then buy more at higher prices, trying to start a stampede. Things haven't worked that way for decades. Good while it lasted I'm told.

c
 
Quote from takenoprisoners:

This is the one guy I don't get. Does he really clear most of the Crude Oil traders? Why bother to give seminars about basically pivot lines? His answer, "I am the greediest person..." What gives here?

I can see his summer internships. Helping young people and possibly mining for new talents is a double edged sword.

The best part about the seminar I listened to was when the youngster in his son's class frantically called him at work. Hillarious!

All the money from his seminar goes to charity. Usually the "Make A wish Foundation". What don't you get? Yes, MBF is the largest clearing firm on the Nymex. Yes, he is probably the best oil trader ever to walk out of there. Yes, his protege Eric Bolling is the largest Natural Gas trader on the exchange. I'm sure Mark is greedy. He cleared 70 million in profits on the NYMEX IPO. Good for him.
 
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