Quote from gov:
I don't know you and I certainly have nothing against you, though I will say that your cockiness in some random places I have seen does not reflect positively on you or your family.
So, here is my detached view of what is happening here. You are hyping a book that alludes to your trading acumen, while simultaneously giving less than 100 percent to your fund (your claim to fame) all the while transitioning to a new career as a Kramer-lite. Hmmppf.
A good friend of mine, Misha wrote like 3 or 4 reasonable books in the late 90's, early 00's and he could never trade his way out of a bag. He was never as lucky as you were, either. Have you even considered that you don't have a lock on the truth you are spreading? Or, I think it was Spock who said that truth is from one's own standpoint.
Youth is wasted on the young, as they say. Wall Street is not very tolerant. A phone call here, a phone call there, and your opportunities will vanish, if I had to bet on it. TS puts, as it were.
Your transition has unfortunately run off the road, and I think your luck has transitioned as well. Hope it was worth it.
Good observations, but, again, like everyone else who doesn't know the details, wrong.
1. My trading is not luck, I play Penny Stocks that have very simple charts and these patterns repeatstime and again, whether my entries and exits are good or not. Take a look today SCON, CPSL, ZVUE, all my kind of plays to short when they reverse. I detail all these trades in my book so then you can judge me based on my actual trades.
2. Since these hype plays last longer than anyone thinks, it's actually good for me to not concentrate 100% on these plays because the more I look at them, the more I want to short them and I'm usually always too early.
3. Unlike every other finance book, mine is not to toot my own horn. In fact many people say I'm too hard on myself. I tried to be as painstakingly honest as possible and because of that, I knew my career on Wall Street was over the minute somebody read it.
4. My fund's losses is due entirely to CYGT. The worst part is that this loss has also sucked my ability to take on much risk and so I haven't been able to play my Penny Movers the way I once did.
5. The financial media industry is ripe for opportunity, it's funny how people look down upon me for taking advantage of this, but its just another opportunity, just like any other trade. So far my entry has been perfect, we'll see how the rest of the trade goes, but every day its looking better and better.