http://en.wikipedia.org/wiki/Larry_Williams_%28trader%29
--- In amibroker@yahoogroups.com, "brian_z111" <[EMAIL PROTECTED]> wrote: > > http://en.wikipedia.org/wiki/Larry_Williams_(trader) > > http://www.robbinstrading.com/worldcup/standings.asp > > Scroll down for historical results. > > --- In amibroker@yahoogroups.com, "brian_z111" <brian_z111@> wrote: > > > > Howard, > > > > >Any time someone suggests a growth of more than about 40% per > year, > > >take that with a very large grain of salt. > > > > I expected you to disagree with my statement. > > I'm sure a lot of traders would be aghast at the numbers I quoted > as > > the theoretical potential. > > > > At his website Professor John Price posts audited returns of approx > > 20-25% PA over a 5 year period, or more, using simple Techno- > > fundamental methods (as I recall the figures). > > > > The caveat there is that the sample period is short and selective. > > > > Trading on margin that would return 30-35% PA with less than half > an > > hour a days work and no effort to use any other timing mechanisms. > > > > If your statement is true we can all give up any further efforts > and > > simple trade his method. > > > > Similarly, the ASX, which is a high dividend paying market (due to > > franking) has total returns of in excess of 15% PA on average over > > longer time periods. > > Using simple leveraged buy&hold strategies that is 20-25% without > any > > ongoing effort required what-so-ever. > > > > In "Stock Market Wizards", Schwager, Jack.D, Harper Business 2001 > the > > first page of the first chapter in the book quotes Stuart Walton, > > fund manager, who achieved "115 percent average annual compounded > > return in trading profits" un 8 consecutive years during the > nineties. > > > > As I understand it Schwager's books are well researched and based > on > > verifiable case studies? > > > > I only opened the book at the first chapter and didn't need to go > any > > further or to his other 2 books containing similar testimonies. > > > > brian_z > > >