some of the Market Wizards are taking hits.
- Thread starter MainFramer
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Kinda like that song...not sure who sang it....think it was the Eagles.
Dirty Laundry....kick em when their up....kick em when their down.
I liked Darkhorses comment, moreover, its like mother nature...it can take the strongest thing made by man and flatten it in no time...and so can the Market
Dirty Laundry....kick em when their up....kick em when their down.
I liked Darkhorses comment, moreover, its like mother nature...it can take the strongest thing made by man and flatten it in no time...and so can the Market
Whoa nelly cuz!
I think that's a pretty strong statement, given that all the other top dogs are equally anonymous, so there is no way to compare.
I also have a strong suspicion that even at the highest levels there is a general maximization point, some level of percentage where gains become asymptotal just below, approaching it but not exceeding.
It's just a pet theory I developed after watching the olympics. Take the downhill for example: you have literally the best in the world, spread out over ten or fifteen countries, all training for years with their own unique methods- and yet in competition they all come within fractions of a second.
I think there may be a similar maximization level that top traders hit, kind of like the one top olympians hit. When you are the best of the best, your comparison to another best of the best guy could be coin flip better or worse on a given day.
Just a theory.
p.s. Frozen what is this guy's typical share size per trade if you can reveal it? I like playing around with numbers and one of the things I'm interested in is the size cap, i.e. the max number of shares a short term guy can play with before performance deterioration sets in.
p.p.s. one of my best buddies uses the handle Frozen, trades for a Russian outfit out of St. Petersburg (a legit fund, no hidden meaning in the word 'outfit' )
p.p.s. one of my best buddies uses the handle Frozen, trades for a Russian outfit out of St. Petersburg (a legit fund, no hidden meaning in the word 'outfit'
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