May

14

Larry WDo not subscribe to what I consider a massive market myth…

that "super traders" will detect market inefficiencies, trade them and then the advantage disappears. Here's why: There are no super traders (with the exception of Steve Cohen).

All traders/managers have ups and downs, no one consistently makes money, no one has ever cornered the game. Everyone gets off track, off his game, even when trading a known advantage.

So advantages can persist longer than traders focus and concentration.

Proof: I have told several traders exactly what I do, some made money, some lost…but all of us had the same rules (supposed advantage).


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