I know the stories…barefeet, great trader, billions made, love child with Soros (made that up)…yada yada yada.
But what’s with all the blowing up by this guy. Sounds just like gambling, not money management. Big difference. He gives us guys scraping out a living a bad name.
Long New Yorker article on the subject s.
amazing story here neiderhoffer blowing up again… looks like he made similar mistake he did in thailand… every trader should read this story when he is winning in order to help remember to ruthlessly manage risk…