Trader Profiles
Larry Williams and the Problem With a Record Year
Larry Williams is famous for turning a small futures account into a contest legend. The more useful story is what that record does not teach.
Trading stories without signals
Margin of Pain publishes essays about famous traders, brutal market mistakes, position sizing, drawdowns, and survival.
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Readable dossiers on how serious traders think, wait, size, and survive.
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Bad exits, hidden leverage, fraud, panic, and trades that went too far.
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Stops, sizing, patience, concentration, liquidity, and being wrong.
No investment advice