Comments on: 10 Things I Learned While Trading for Victor Niederhoffer http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/ Ideas for a World Out of Balance Tue, 17 Feb 2015 09:06:00 +0000 hourly 1 http://wordpress.org/?v=4.2.3 By: j slay http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-47225 Tue, 20 Jan 2015 06:05:00 +0000 http://jamesaltucher.com/?p=624#comment-47225 then don’t buy at 11:00 a.m. , go short. and don’t tell anyone or I will have to kill you!

]]> By: Anshul Khare http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-44760 Sat, 08 Feb 2014 12:31:00 +0000 http://jamesaltucher.com/?p=624#comment-44760 The link to Malcom Gladwell’s article is broken. The new link is – http://gladwell.com/blowing-up/

]]> By: George http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-38715 Sun, 29 Jul 2012 10:53:00 +0000 http://jamesaltucher.com/?p=624#comment-38715 “If you show this to anyone we will have to kill you.” Basically, the system was: If the last half of the last day of the month was negative and the first half of the first day of the month was negative, buy at 11 a.m. and hold for the rest of the day. “This is an ATM machine” the trader told me. I leave it to the reader to test this system.

— I tested this system with ES data from 2005 September to July 2012. I defined ‘last half ‘ of last day of the month using different time combinations viz. from 11 to 4 EST, 2pm to 4pm EST, 230 pm to 4pm EST and 3pm to 4pm EST. I used first half of the first day of the month as 930 to 1100EST. So, if both these time windows was negative, Buy ES at 1100EST and exit at 4pm EST. Pathetic results in all the cases. Either victor’s traded fooled you or this behavior has changed since he showed you the results.

]]> By: Andrew Charman-Shea http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-34464 Fri, 27 Apr 2012 00:24:00 +0000 http://jamesaltucher.com/?p=624#comment-34464 I’m glad I found this site. I saw that kind of nerdy looking guy in the 7 traders stock draft pick thing on CNBC, then googled him, haha! This is good stuff though!

]]> By: Fuckery http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-34131 Thu, 19 Apr 2012 06:16:00 +0000 http://jamesaltucher.com/?p=624#comment-34131  8.) Always Protect the Downside.why did he blow up then?

]]> By: Paul Phillip http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-33183 Tue, 03 Apr 2012 13:59:00 +0000 http://jamesaltucher.com/?p=624#comment-33183 I like your #3 “everything is connected”. I believed this even when I was 18 and started trading mutual funds (2000’s). You don’t have to know qualitative math to see that there are real patterns happening everyday and to use them to your advantage when everything aligns in your favor. Good post.

]]> By: Glen http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-24856 Thu, 17 Nov 2011 16:58:00 +0000 http://jamesaltucher.com/?p=624#comment-24856 If the last half of the last day of the month was negative and the first half of the first day of the month was negative, buy at 11 a.m. and hold for the rest of the day. “This is an ATM machine” the trader told me. I leave it to the reader to test this system.

Reading your post is always a delight.  I would love to test the theory.  However, where can I find historical minute data without paying an arm and a leg?

]]> By: Chuck http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-16730 Tue, 09 Aug 2011 13:06:00 +0000 http://jamesaltucher.com/?p=624#comment-16730 from what i heard is that he’s a great short term trader, but not such a good swing trader. A lot of people have trouble with their timeframes and understanding this is essential imho

]]> By: kyle eschenroeder http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-10776 Wed, 25 May 2011 17:00:00 +0000 http://jamesaltucher.com/?p=624#comment-10776 this post definitely follows rule #9 – some of the best trading/life balance advice i’ve read. thanks!

]]> By: Wlater Sobchak http://www.jamesaltucher.com/2010/02/10-things-i-learned-while-trading-for-victor-niederhoffer/#comment-9550 Fri, 06 May 2011 01:15:00 +0000 http://jamesaltucher.com/?p=624#comment-9550 Did you meet his daughters? Are they hot?

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