|
PureBytes Links
Trading Reference Links
|
A lot of people lost money in October of 87. He traded mostly S&P contracts.
In a message dated 4/26/01 3:23:15 AM Pacific Daylight Time,
davidrnews@xxxxxxxxxxxxx writes:
> That kind of drawdown is typical of someone who's using a straight Kelly
> money
> management formula. Great ride if you've got the stomach for it. The way
I
> heard
> it, he traded the account up to around $1.7 million, lost a million,
finally
> ended
> above a million.
>
> > -----Original Message-----
> > From: robert.cummings@xxxxxxxxxxxxxxxx
> > [mailto:robert.cummings@xxxxxxxxxxxxxxxx]
> > Sent: Wednesday, April 25, 2001 11:40 PM
> > To: Ed Kiers
> > Cc: robert.cummings@xxxxxxxxxxxxxxxx; omega-list@xxxxxxxxxx
> > Subject: Re: Answers on Larry Williams
> >
> >
> >
> >
> > I understand just wanted to give a little fact about that 1987 trading
> > contest. Heres what Larry Williams doesn't tell you about that contest.
He
> > took $10,000 to $1,000,000 then turned around and lost $2,000,000 a feat
> > more remarkable than the first I think.
> >
> >
> > Robert
> >
> >
> > At 08:36 AM 4/26/01 +0200, Ed Kiers wrote:
> > >A: That is what he did in 1987. He won some contest, published his
actual
> > >trades and this record has not been beaten yet.
> >
>
|