Edward O. Thorp on charting

[marketsurfer]

It looks like he lost 5% in 2008 and made 50% since then, how have you done?

We are excited about his new ocean front offices on the island. Last i noticed, they appeared to be about to open.

Tudor’s main BVI Global macro fund produced an average annual gain of about 26 percent from 1987 through 2007, compared with about 5.3 percent from 2008 through last year. The fund lost 2.5 percent this year through July 22, according to an investor report. A newer share class of that fund has declined 1.8 percent.

surf

 

[marketsurfer]

It's no secret the last few years have been challenging for the firm.

https://www.bloomberg.com/news/arti...ors-ask-to-pull-more-than-1-billion-from-firm
http://www.cnbc.com/2016/08/16/paul-tudor-jones-firm-is-making-major-layoffs.html
http://www.bloombergquint.com/marke...calls-on-quants-to-revamp-firm-hurt-by-losses

Yes, i heard he is hiring multiple quants for a complete change in strategy. But regardless, he has had a solid run over time.

 

[marketsurfer]

Speak of the environmentalist:
http://pbhfa.org/tudor-jones-parties-on-palm-beach-to-save-swamp/

 

[volpri]

Also, of all of the self-proclaimed successful "pure price action traders," I've never seen one with a profitable, verified long-term track record.

curious as to what you mean by profitable, verified long-term track record? Could you be more specific?

 

[Overnight]

Also, of all of the self-proclaimed successful "pure price action traders," I've never seen one with a profitable, verified long-term track record.

Then you have not been looking hard enough. Seek it, and you shall find the treasure.

 

[Overnight]

...

Tudor’s main BVI Global macro fund produced an average annual gain of about 26 percent from 1987 through 2007, compared with about 5.3 percent from 2008 through last year. The fund lost 2.5 percent this year through July 22, according to an investor report. A newer share class of that fund has declined 1.8 percent.

surf

Prove it.

 

[marketsurfer]

We are excited about his new ocean front offices on the island. Last i noticed, they appeared to be about to open.



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Tudor’s main BVI Global macro fund produced an average annual gain of about 26 percent from 1987 through 2007, compared with about 5.3 percent from 2008 through last year. The fund lost 2.5 percent this year through July 22, according to an investor report. A newer share class of that fund has declined 1.8 percent.

surf

The question that can be asked is what happened? I attribute the negative trend to the rise of the machines. The old ways simply no longer work even for the masters.

surf

 

[MKTrader]

curious as to what you mean by profitable, verified long-term track record? Could you be more specific?

Become a CTA or use sites like Collective2, FundSeeder or many others like it. Even something like World Cup. There are plenty of ways to have your performance tracked.

 

[MKTrader]

Then you have not been looking hard enough. Seek it, and you shall find the treasure.

It's not for me to find. The burden of proof is on the price action traders. This description of Al Brooks sums it up well (https://www.tradingschools.org/reviews/al-brooks-trading/)

Al Brooks is a charlatan. No track record. Claims to be a "full-time professional day trader", yet can provide absolutely zero proof. Trading books are highly subjective, unscientific mumbo jumbo with no backtesting of trading concepts.

Live trading room is an exhibition of palm reading, fortune cookie wisdom, crystal ball divination, modernist voodoo, cult leader fanaticism, and Harry Potter magical thinking.

A specialist of "double-speak", where the left ear hears the trample of bulls, while the right ear simultaneously hears the mauling from bears.

A circle jerk, waste-of-time carnival attraction meant to sucker the newbie into believing that an actual wizard is behind the curtain.

 

[volpri]

Become a CTA or use sites like Collective2, FundSeeder or many others like it. Even something like World Cup. There are plenty of ways to have your performance tracked.

How do you trade? Obviousley, not with PA. Have you ever shown a profitable verifiable long term record? If so, may you direct us to it? Thanks!