carlosydiana123 (December 31, 1969 at 6:59 pm)

Go value investing, do not waste your precious time listening to this numbo jumbo garbage.Check the the Forbes lists and check how many out of the 500 most richest fund managers use technical analysis. Wall street is full of thieves and charlatans.

bangbangbogey (December 31, 1969 at 6:59 pm)

systematic trading is a way, thought it's not the only way. Curtis is a great example how following your faith on a system could differ between success and failure. The amount of money he lost is due to the wild circumstances on the market and he has no power at all to control that. It was after an overnight critical economic event that cause price shock against the turtles position that force them to lost huge amount of money. It's just part of the game! Curtis is a great trader indeed

dwaynedetubb (December 31, 1969 at 6:59 pm)

In regards to the 30 million comment, that means nothing. Think about it, for all we know he could have made 30 million out of 50 million, or out of 20,000. Nobody was ever really clear about that. The total amount of money made does not tell anyone how good you are. It's the total return on your initial investment which matters more. I've read his book, and can say that he may be a good trader, but he's a horrible writer. A lot of his new book has a lot to deal with systems development.

findurniche (December 31, 1969 at 6:59 pm)

oh yeah, and so the 30million he made off the system was just dumb luck. Right?The system was a secret back in the day. Now everybody knows it. You have to deal in something like nobody else to have an edge. Or have a faster computer so your trade goes in before everybody else's does. Today with people having internet your competition is higher, but it doesn't mean that you cannot win. The successful trader will keep his or her system a secret. Wouldn't you?

findurniche (December 31, 1969 at 6:59 pm)

oh yeah, and so the 30million he made off the system was just dumb luck. Right?The system was a secret back in the day. Now everybody knows it. You have to deal in something like nobody else to have an edge. Or have a faster computer so your trade goes in before everybody else's does. Today with people having internet your competition is higher, but it doesn't mean that you cannot win. The successful trader will keep his or her system a secret. Wouldn't you?

kkasajian (December 31, 1969 at 6:59 pm)

He was 19 when he started trading, not 30. He made his millions way before his 30th birthday.Curtis didn't lose his millions from bad trading. They said he already left that business. When he trades, he wins. :)

idezan (December 31, 1969 at 6:59 pm)

He said this, he was short gold, on May 04, 2007.

carlosydiana123 (December 31, 1969 at 6:59 pm)

I spent 5 years studying Technical Analysis and reading nearly 35 books on the subject.I still haven't met any succesful technical trader.Technical traders who fail like this guy. Sell books, systems, newsletter and even software and make you believe that it works.

bichode7cabecas (December 31, 1969 at 6:59 pm)

oh by the way, 1 hour a week trading? yeah lazy people are poor. "people forget that first i made that money" so that means you were a 30 yo bum and then you made a fortune and now you're 50 and flat broke. so what did you lost inbetween? YOUR YOUTH YOU MORON! what a douchebag. short gold wtf, you must be crazy

bichode7cabecas (December 31, 1969 at 6:59 pm)

what a douchebag. so he lost all the money and writes a book? since when do losers have a opinion? short gold? oh what a bust now i understand why is he broke