Larry is both a promoter and a trader. I for one do not particularly care about what he did or did not do in the 80's. Is it possible he bent the rules a few times? sure. But I really don't know, and either does anyone here.
THe fact is, he has written books and shared Ideas. I for one would rather judge him on the objective, factual things I can test and verify, rather than on guesses and conjecture about a trading contest 20 yrs ago. Based on my study of his works, I have come to the conclusion that many of his ideas have merit. In fact, for any system oriented trader looking for ideas, they are a more than decent place to start.
On a less objective note, I have watched larry make a phenomenal string of successful bond/sp calls. Certainly partly due to luck, However I for one believe he does have a great deal of useful market knowledge and experience to share.
Hey but don't take my word for it. Go code up a few of his ideas yourself and see if you find anything useful.
THe fact is, he has written books and shared Ideas. I for one would rather judge him on the objective, factual things I can test and verify, rather than on guesses and conjecture about a trading contest 20 yrs ago. Based on my study of his works, I have come to the conclusion that many of his ideas have merit. In fact, for any system oriented trader looking for ideas, they are a more than decent place to start.
On a less objective note, I have watched larry make a phenomenal string of successful bond/sp calls. Certainly partly due to luck, However I for one believe he does have a great deal of useful market knowledge and experience to share.
Hey but don't take my word for it. Go code up a few of his ideas yourself and see if you find anything useful.
Ok, on a serious note and to avoid having to edit my own post as being off-topic...