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Ep. 189: John Boik: Lessons Learned From Stock Market Legends

Investing With IBD

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What the Best Trader Ever Did

Loeb was in my estimation one of the best traders ever I know he was a huge influence on William O'Neill yeah and people kind of discard his while battle of the battle firm markets and investment survival too hard to read or whatever so I'm trying to simplify what he did so people can see how he maneuvered in and out. He never shorted a stock in his life in money on the long side in 1930 31 and 32 all three years and 29 he just watched the market and took these short rallies up like the rally we just had. Loeb would he called himself a skittish trader it's really the beginning from what I've studied of swing trading but that's he

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