{"id":363620,"date":"2010-02-25T17:00:00","date_gmt":"2010-02-25T22:00:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/10-thing-i-learned-while-trading-for-victor-niederhoffer-2010-2"},"modified":"2010-02-25T17:00:00","modified_gmt":"2010-02-25T22:00:00","slug":"10-things-i-learned-while-trading-for-victor-niederhoffer","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/363620","title":{"rendered":"10 Things I Learned While Trading For Victor Niederhoffer"},"content":{"rendered":"<p><a href=\"http:\/\/blogs.wsj.com\/financial-adviser\/2010\/02\/25\/ten-things-i-learned-while-trading-for-victor-niederhoffer\/\"><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4a8ec58a4b3a072202cfc616\/victor-neiderhofer.jpg\" border=\"0\" alt=\"victor neiderhofer\" \/>From the WSJ&#8230;<\/a><\/p>\n<p>I traded for Victor Niederhoffer for about a year starting in 2003. I was up slightly more than 100% for him, primarily trading futures using a quantitative approach. During that period I had one down month: June 2003&#8230;<\/p>\n<p>Here are 10 things I learned during my time trading for Victor:<\/p>\n<p>1.) <strong>Test, test, test.<\/strong> Test everything you can. If someone says to me, &ldquo;There&rsquo;s inflation coming so you better short stocks,&rdquo; I know right away the person doesn&rsquo;t test and will lose money. Data is available for almost anything you can imagine. (In my talks, I always discuss the &ldquo;blizzard system&rdquo; based on data of what the stock market does depending on how many inches of snow have fallen in Central Park that day).&nbsp; Victor and his crew would spend all day testing ideas&#8230;<\/p>\n<p>2.) <strong>Optimism. <\/strong>There&rsquo;s plenty of reasons every day to assume the world is going to end&#8230;<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/financial-adviser\/2010\/02\/25\/ten-things-i-learned-while-trading-for-victor-niederhoffer\/\">Keep reading at WSJ.com &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/10-thing-i-learned-while-trading-for-victor-niederhoffer-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/george-soros-more-than-triples-his-yahoo-stake-2010-2\">George Soros More Than Triples His Yahoo Stake<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/15-facts-about-china-that-will-blow-your-mind-2010-2\">15 Facts About China That Will Blow Your Mind<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BQHQb29Fl1I\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the WSJ&#8230; I traded for Victor Niederhoffer for about a year starting in 2003. I was up slightly more than 100% for him, primarily trading futures using a quantitative approach. During that period I had one down month: June 2003&#8230; Here are 10 things I learned during my time trading for Victor: 1.) Test, [&hellip;]<\/p>\n","protected":false},"author":5935,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-363620","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/363620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5935"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=363620"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/363620\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=363620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=363620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=363620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}