John Henry--The Next Blow Up ??

[Choad]

Quote from austin spare:

In addition, Your statement above is ridiculuous. J henry has many many funds under management, and more of them right now are WAY down than up. He forgets about the ones that are losing and pushes the winners making himself more and more money. A succesful and rich fund manager does not equate to happy clients/investors. This fact escapes you.

AustinOsmondSpare

Go 'Surfer Boy!

Heh. You have to be in the running for "Most ET Aliases!"

C

 

[mahras2]

Lemme put it this way....the majority of guys on ET will not reach J.H. status. I doubt this goodboy is some hotshot supertrader so lets not mix up our leagues here.

Give the man some credit. He knows what he is doing. Some of his funds have kept making money for quite a few years. He has suffered such drawdowns periodically (all major trend traders do) so it shouldnt be something of a surprise.

 

[Maverick1]

Quote from austin spare:

A quick search of google led me to this site. You seriously have your facts wrong, Maverick. Marketsurfer Dave Goodboy has made me tons of money since 2000. Several of his calls remain as the all time most accurate market calls ever, to the very number of the change in the nasdaq and msft. Why do you say he does a disservice?? Here's a guy who has access to the elite of real money managers and he share what he knows with the users of elite trader and other sites. Just wanted to set t
he record straight as a happy investor with and follower of surfer.

AustinOsmondSpare

Thanks for the laugh

 

[Steelhead]

marketspammer, the ashlee simpson of ET....LOL wasnt this his last trade here.....WAPOS


hank rollins
i am short oil from 56.30 and speculate that it will be @ or near 50.00 within the month.

best,

 

[bolter]

JWH returns for August and YTD, respectively:

 

[shortswing]

Quote from mahras2:

Lemme put it this way....the majority of guys on ET will not reach J.H. status.

I agree but think you've somewhat understated the case.
The majority of guys on ET will lose money over the course of their trading "careers" and will end up doing something else to put bread on the table.

The overwhelming majority of guys on ET will never manage more than $10m.

As far as managing $1b+ for 20+ years, I would be astonished if even one person from ET ever achieves that. This is a very tough game with (at least) 9 losers for every 1 winner. JWH has managed to thrive in this business and both become and remain one of the elite in the game. Anybody who isn't impressed by that accomplishment can't have been trading very long.

 

[PitchBlack]

Quote from shortswing:

I agree but think you've somewhat understated the case.
The majority of guys on ET will lose money over the course of their trading "careers" and will end up doing something else to put bread on the table.

The overwhelming majority of guys on ET will never manage more than $10m.

As far as managing $1b+ for 20+ years, I would be astonished if even one person from ET ever achieves that. This is a very tough game with (at least) 9 losers for every 1 winner. JWH has managed to thrive in this business and both become and remain one of the elite in the game. Anybody who isn't impressed by that accomplishment can't have been trading very long.

1000% correct.

 

[michael c]

Quote from Steelhead:

marketspammer, the ashlee simpson of ET....LOL wasnt this his last trade here.....WAPOS

I suppose you are speaking of marketsurfer. Why does everyone here seem to be so down on him. You guys went from loving this guy to hating him overnight since supposedly he sold out to a competitor. The fact remains that his public record is quite good since 2000. Yes, he made some bad calls, but over all they were talented and skilled. I personally dont care for the guys style, but give him credit were it is due.

Michael C

 

[austin spare]

Quote from bolter:

JWH returns for August and YTD, respectively:

Thank you for posting the results of the turtles hero. The truth is that the turtles are all net losers. Why some seemingly intelligent people latch onto this concept is beyond me. My theory is its a simple, easy to grasp concept that fills a pyschological need. Pretty stupid, Pretty weak.

Austin

 

[austin spare]

Quote from shortswing:

I

As far as managing $1b+ for 20+ years, I would be astonished if even one person from ET ever achieves that. This is a very tough game with (at least) 9 losers for every 1 winner. JWH has managed to thrive in this business and both become and remain one of the elite in the game. Anybody who isn't impressed by that accomplishment can't have been trading very long.

I have it on very good authority that one or more VERY large money managers regularly read ET.