List of 5 Traders Worth Studying

Quote from Vishnu:

#5. Yes, Jim Cramer. Read Confessions of a Street Addict. Its an education. And 24% a year isn't bad either.
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Ugh... I was with you up till this point. Unlike you, I've never met the guy but from everything I've seen and read the only thing he would represent a newbie is a great source of fades. And perhaps sheer entertainment (like watching a busker on the a streetcorner).
 
Quote from Vishnu:

#1. Warren Buffett - when he was making his biggest leap in net worth (from 1956 to 1970) he was an extremely active trader/abitrageur. Nobody has been more successful, before or since.

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Agree about Warren who most think of only as THE all time great value investor. :)
 
I learned most from the thoughts of George Soros, Jim Rogers, Warren Buffett, Jesse Livermore, and Marc Faber.

Btw I agree that the early Buffett was far better than his more famous later years. Buffett lost his touch a long time ago, not surprising since he's long since reached the age were mental abilities and energy start to deteriorate. Similar with Soros and anyone who gets over 60.
 
Quote from Vishnu:

#1. Warren Buffett - when he was making his biggest leap in net worth (from 1956 to 1970) he was an extremely active trader/abitrageur. Nobody has been more successful, before or since.

#2. Stevie Cohen - 30%+ a year on billions, AFTER his 50% performance fee.

#3. Jim Simons - same as #2 in returns. Now trying to raise a $100bb fund. Only hires Phds (i was thrown out of grad school so he rejected me).

#4. Carlo Cannell - manages $1bb. Hedge fund open since 1992. Up every year. Average annual return 27%. 2002 - 27%, 2001 - 41%, 2005 - 16%. 2000 - 32%, etc. He seems to trade smallcap value stocks. Some of his current picks: MAPS FFEX MKTX CANI. I like to go to 10kwizard.com and check out his quarterly 13F-HR to study the picks he's in.

#5. Yes, Jim Cramer. Read Confessions of a Street Addict. Its an education. And 24% a year isn't bad either.

Lets not forget that this is a thread on traders worth studying - not necessarily the guys with the biggest returns. Victor Niederhoffer is definitely worth studying, both for his successes and failures. And Lowenstein's book on LTCM is a must-read for dangers of hubris. Bernard Baruch was the Dan Zanger of his day. All self-made from trading and not rich off of management fees. My Own Story, by Baruch is a classic. I'd say Soros but I can't get through his books at all so, for me at least, its difficult to study his style.
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Can you study these guys though? I'd be interested if you have any material on Cohen & Simons that are available to study. Also don't forget many of the newer managers have returns cut on the 90s bull market. Making 20-30% a year in the 90s is a lot easier than from 2000-2010.
 
Quote from Cutten:

Can you study these guys though? I'd be interested if you have any material on Cohen & Simons that are available to study. Also don't forget many of the newer managers have returns cut on the 90s bull market. Making 20-30% a year in the 90s is a lot easier than from 2000-2010.
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Warren Buffett is easy to study but I think the best course is "Trade Like Warren Buffett" (shameless self-promotion) which demonstrates that he is more of an active trader than a value investor.

Stevie Cohen can be studied in the book "Stock Market Wizards"

Jim Simons is more difficult but there are various online articles about him that are interesting.

Carlo Cannell - I would seach on sec.gov for his filings to see which positions he's in and trades in and out of and why.

Jim Cramer - "Confessions of a Street Addict" is a classic and well worth reading.

"Supercash" (shameless self promotion, part II) also has a chapter "Trade Like a BIllionaire" which examines how you can piggyback the greats.

Good luck!
 
Quote from Johnny Walker:

Doug West, Kosoma Publishing. http://oiopro.com/cash/kosoma/daytrade.shtml
From what I have read this guy is epic and will kick any of the guys listed in this forum on their ass. An e-mini expert.

Charise Carter, Day Trading Queen.
http://www.daytradingqueen.com/
This lady obviosly knows she is doing. I bet there isn't anyone in here that can't learn something from the Queen.

This thread is now complete.
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hahahaha... now that is funny... a guy who rarely trades with real money as he's too busy selling his secret (available free all over the net) system...and a woman that still has never used the system she touts live and sends out demo statements to her sheep and claims they are live trading statements.. yup this thread is NOW complete haha
 
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