Schindler Trading up 17% YTD

JayS · Feb 8, 2008

He was stopped out of a short put position for a large loss the morning of MLK Day when Societe Generale was dumping their futures position.

The Schindler Fund is no longer being offered and they are no longer publishing results. He will be offering a new program in the future.

Wayne Gibbous · Feb 8, 2008

Thanks Jay.

makloda · Feb 8, 2008

Quote from JayS:
The Schindler Fund is no longer being offered and they are no longer publishing results. He will be offering a new program in the future.

Sounds like the #1 solution when you blow up: Close the fund, pay remaining investors back 20 cents on the dollar, find a new name, start from zero with a clean empty track record and claim you have "15 years experience managing money and the 'new' fund is an extraordinary opportunity to capitalize on the managers outstanding trading experience".

atticus · Feb 8, 2008

I'll admit I am more than a bit surprised Aaron was shorting index puts.

marketsurfer · Feb 8, 2008

Quote from atticus:

I'll admit I am more than a bit surprised Aaron was shorting index puts.

first, this is speculative, i have no idea if its correct, but if it is:

why are you surprised? he worked with monro@ tr@ut, who worked for nied@rhoff*r.

surf

volente_00 · Feb 8, 2008

Quote from atticus:

I'll admit I am more than a bit surprised Aaron was shorting index puts.

Was he short naked on MLK limit down night ?

How did he blow up on the spike up if he was short puts ?

marketsurfer · Feb 8, 2008

here is the transcript of a chat i had with schindler a few years ago, should shed some light on his ideas/methods:

http://www.schindlertrading.com/include/content/Real_World_Trading_interview.pdf

surf

der_kommissar · Feb 8, 2008

Quote from marketsurfer:

first, this is speculative, i have no idea if its correct, but if it is:

why are you surprised? he worked with monro@ tr@ut, who worked for nied@rhoff*r.

surf

how dare you say anything denigrating about Victor Nied@rhoff*r!

atticus · Feb 8, 2008

Quote from marketsurfer:

first, this is speculative, i have no idea if its correct, but if it is:

why are you surprised? he worked with monro@ tr@ut, who worked for nied@rhoff*r.

surf

I don't see a logical progression, as Trout never shorted puts, afaik. If so, it abrogates common sense?

marketsurfer · Feb 8, 2008

Quote from der_kommissar:

how dare you say anything denigrating about Victor Nied@rhoff*r!

denigrating? monro@ tr@ut is one of the GREATEST traders who has ever lived.

surf