Mark Douglas: Any info?

Quote from marketsurfer:

LOL! no never heard of him, but my research indicates VN blew out, in fact, he blew his account out several times--- but he was the number one ranked hedge fund manager in the world for a number of years, has the lifestyle trappings to go along with being a top trader, has the market relevent education, and has trained a dozen or more top hedge fund managers currently operating with over $100 million AUM each-- these are real people with pedigree in a real business-- sounds like a smart person should listen to what he has to say.

SO can anyone address my original question?

surf

I had one conversation with Mark back in 2003. He didn't detail his direct results, and we didn't talk about his returns in detail. HOwever, remember him telling me that his problem, h says, wasn't in making money. He basically says his discipline problem was in his expenditures. I think he mentioned a wife or girfriend with kids that he also supported. He just rehashed for me the stuff that was in the dicsiplined trader and trading in the zone. HIs first book, DT, was pretty wordy trying to tackle, at that time, subjects that weren't articulated very much in the trading print. Youtube has a few videos of him from the past few years, his ideas are still the same, and obviously he looks a bit older.
 
Quote from NoDoji:

If I have a serious drinking problem, I want help from someone who had a serious drinking problem and overcame it.

If I have a serious trading problem, I want help from someone who had a serious trading problem and overcame it.

Right on.
 
At the end of a day it is all about the edge. Insider info, hft technological superiority, ability to analyze available info via some unique way and so on.

Money management and discipline come secondary.

No mm or discipline will help anyone to beat casino in roulette.
 
why would anyone trade when you suckers throw $$$$ at them.

they couldn't run a hedge fund because they are losers, but get you guys into the tent, easy game,
 
Quote from pairsarbtooo:

He basically says his discipline problem was in his expenditures. I think he mentioned a wife or girlfriend with kids that he also supported.

That is kind of funny. There is no point in making big money if you HAVE TO spend it on something what you don't really want to/need to...
 
I have read so many positive reviews on Mark Douglas and his trading books. However, I cant' find anything about the guys background in the markets--- what is his pedigree in finance? Was he a hedge fund manager, or proven professional trader? Can anyone shed some light on this guys credibility? This is all I could find on the guy---- nothing about financial pedigree, accomplishments in the business--

http://www.marketswiki.com/mwiki/Mark_Douglas

thanks,

surf
Why not try calling Douglas' office instead of speculating about who he is or what he has done. Pretty amazing that all of you rely on stuff on the internet instead of contacting the source. Duh.
 
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You registered today. You do not have a clue about why Trustme wrote what he did. If you understood, you'd have a chuckle.

Instead of coming in and telling people to get their facts straight, why don't you shut up until you know your way around.
 
Why not try calling Douglas' office instead of speculating about who he is or what he has done. Pretty amazing that all of you rely on stuff on the internet instead of contacting the source. Duh.


you seem knowledgable. Why not shed some light rather than additional obfuscation?
 
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