Something to think about....
Read this first: http://www.gladwell.com/2002/2002_04_29_a_blowing…
and this afterwards: http://www.newyorker.com/reporting/2007/10/15/071…
Print it, it's a bit lengthy but worth reading.
Cheers,
Luke
Trending Content
| +20 | "You can do anything if you put your mind to it" is BS | 8 | 2d | |
| +16 | What is the feeling like? | 5 | 15h | |
| +15 | Secured a job as a Quant Researcher, but I have no math background, what should I learn? | 13 | 5d | |
| +13 | Rising junior Semi Target 2025 | 7 | 3h | |
| +10 | Breaking into Physical Trading | 1 | 4d | |
| +9 | How does a CS major get an internship | 1 | 7h | |
| +9 | Struggling with Networking | 2 | 56m | |
| +9 | what do i do now as a rising junior in CS. | 1 | 5h | |
| +8 | GPA vs Experience | 2 | 2d | |
| +7 | am i too late | 5 | 2d |
Career Resources
niederhoffer takes crazy risks and blows up from time to time....not sure he's really that well respected.
neiderhoffer is only an example...even the most respected traders blow up after a while. point is that nobody is invincible. people, aspiring traders, on this board need to realize that. what makes a great trader is not two three years of positive pnl in a bull market but positive pnl in a long run...many years out. there is only few people who can manage to do that. cheers, luke
victor is done. on wall street, you get second chances, not third.
...Neiderhoffer is just another short vol trader. He blows up every time volatility picks up. He is just another one of the legion of traders on Wall St. that have gotten rich without even having a lifetime positive P&L. He will be back. The above poster is way off their are multitudes of traders that have gotten many more then two chances. On a side note niederhoffer lives in my neihgborhood and I have seen him a couple of times in stores...he literally acts like a homeless person...mutters to himself, is unkept, etc. Also in his office he dosent not allow people to talk or wear shoes...seriously.
Id aut perferendis beatae omnis. Aliquam id occaecati atque in dolore et maxime. Natus id dolor porro doloribus doloribus.
Quidem similique non omnis itaque. Consectetur nobis similique aliquid aspernatur optio. Est minus saepe quae occaecati odio maiores.
Fugiat necessitatibus praesentium autem nihil voluptatem sint ut rem. Ut atque doloribus quas voluptatem cumque ratione et. Ex qui excepturi consequatur dolores. Et omnis et error hic. Voluptatum aut totam quia molestias tempore qui autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...