A tragedy!
One of the minds who have deeply influenced the way I trade markets blew up again.
http://www.newyorker.com/reporting/2...a_fact_cassidy
http://www.nypost.com/seven/10072007...ain.htm?page=1
Since last month in another forum, I have been reading a thread recounting the way in which Niederhoffer was wiped out again...it was a rumor, which Neiderhoffer denied when he personally contacted the administrator of that site. WSJ is said to be working on the story in great details; they've been working on it since august.
Just goes to show you how the market humbles everyone sooner or later.
BTW, Neiderhoffer never believed in setting stop loss levels.
One of the minds who have deeply influenced the way I trade markets blew up again.
http://www.newyorker.com/reporting/2...a_fact_cassidy
http://www.nypost.com/seven/10072007...ain.htm?page=1
Since last month in another forum, I have been reading a thread recounting the way in which Niederhoffer was wiped out again...it was a rumor, which Neiderhoffer denied when he personally contacted the administrator of that site. WSJ is said to be working on the story in great details; they've been working on it since august.
Just goes to show you how the market humbles everyone sooner or later.
BTW, Neiderhoffer never believed in setting stop loss levels.