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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Robert O who wrote (507)6/11/1999 7:21:00 PM
From: P.T.Burnem  Read Replies (1) of 18137
 
Does anyone have a reference (resource) telling the tale of how Vic Niederhoffer went bust?

If you read the book, you may have noticed that V.N.'s specialty was picking tops and bottoms - a high-profit potential/high-risk endeavor.

Last year he went broke doing just that - selling naked index puts a correction, and then averaging down into a bear market.
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