How to 'Bud Fox' a BSD trader:

Quote from marketsurfer:

Altucher was one of my first interviewees back when he ran subway capital. Great guy--- we have many mutual friends. Thanks for posting!
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No problem, I remember this article from a few years back and thought I'd share it
 
Quote from marketsurfer:

I guess real life info has limited interest when competing against chart reading fantasy.
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Real trading is not sexy or full of drama! If anyone has ever traded at Schonfeld then you know how dull real trading is....

It takes all of the BS and amusing hype out of trading! That leaves you with not much to talk about....

The hype and BS is what makes ET fun! It gives me a reality break...
 
Quote from Satan's Helper:

Real trading is not sexy or full of drama! If anyone has ever traded at Schonfeld then you know how dull real trading is....

It takes all of the BS and amusing hype out of trading! That leaves you with not much to talk about....

The hype and BS is what makes ET fun! It gives me a reality break...
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Yeah, no question about it. In the meantime, hopefully threads like "ok man, I'm fat" will entertain as this site slowly perishes. surf
 
I knew a guy who was a clerk on the floor of the cbot in the late 90's, lived in the city and worked a crappy part time job to make ends meet. Minimal education, most success he ever had was selling vacums and cutco and stuff like that. He identified and stalked his Gekko and would have himself paged in various parts of the building so the guy would hear his name over and over.

He would then drive up to the Northern suburbs and get on the guys train every morning and ride it home every night for a few days till he had a segue to make an introduction. Long story short, the guy became his backer and he know is a partner in an energy trading outfit in Texas.
 
Quote from Rearden Metal:

This thread has a unique purpose that I don't believe has ever been covered before on these boards.

'Bud Foxing' is the process of trying to attract the attention of a much bigger, far more established money manager than yourself ('the Gekko'). If pulled off successfully, you end up with a valuable industry contact who takes you and your trading abilities seriously- possibly even seriously enough to work together to some extent going forward.

I have a measure of experience on both ends of this equation, so I'll start the thread by laying out a few 'Bud Foxing' do's and don'ts:
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Do:

*Start out by offering something the Gekko is likely to appreciate, such as a very high conviction market call which you are almost certain will act as you predict.

*Understand how the Gekko thinks, and act accordingly. Personalize, customize and tailor your 'Bud Foxing' to his unique desires and values. Does he favor a certain brand of embargoed Cuban cigars? Is he the kind of guy who'd be interested in illegal inside info on Bluestar Airlines? Figure out what the most valuable thing is that you have to offer, and present your gift.

*Give him plenty of space. Don't smother the Gekko!

Don't:
*Act entitled.
*Be an idiot.
*Whine.
*Bombard the Gekko with multiple low-value PM's/emails.
*Ask for anything in return- at least not for a while. Ideally, some type of collaboration between the two of you will be <b>his</b> idea at some point.
*Try to milk information about his methods. Again, you want your payoff to be something he offers voluntarily, without direct prompting on your part.
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So... what else? I'm sure I haven't covered even half the key points here, so feel free to jump in if you have anything to add...
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my take on the sales trick is you offer an honest assessment,back it up with sustainable solutions,convince that you will be there to sustain those,and back it up sale closed
 
Anyone else have a real Gekko story? Wonder why the bogus "leaders" on elite with 17k posts and "education wisdom" on every thread don't have anyone pointing to them as why they are successful? Nor do any of the paid vendors---

surf
 
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