Too funny man. What a nice choice of words. You just forgot to sign off with your usual “peace” lolDamn I can feel the peace in your post. So strong!
Our 400,000 Trade Test Proves Using Stops Is Not Very Bright
- Thread starter marketsurfer
- Start date
Too funny man. What a nice choice of words. You just forgot to sign off with your usual “peace” lolDamn I can feel the peace in your post. So strong!
Damn I can feel the peace in your post. So strong!
Thanks! You are ok, Sam. Despite us starting out on the wrong foot--
Peace to you, bro. Just because u missed it in the original post.
If I was to give my impression of the Surf Report it would go something like this:
0 educational value as Marketsurfer never posted a reason to be in a trade. Yes there were both winning and losing trades posted, but some were not accounted for, it was just brought to our attention (when asked) that so and so trade was closed days/weeks ago. There was never any accountability for monthly/yearly performance statistics. Entry calls were posted, yet I don't recall ever seeing even a get-out zone being suggested, as if a stop is always to be assumed to be at 0 of the security being 'traded', but then when it was a winner it was made out to be a huge win, certainly not if it was compared to a stop at 0. No risk management has ever been suggested. On most occasions Marketsurfer would scale into a position, yet math wise it is an inferior strategy when compared to an all-in all-out strategy. Most difficult questions would be swept under the carpet and if pestered for an answer a poster would be laughed at and branded a gonzo, a h8er, a moron, clueless, mad, etc. He says people have it in for him, yet a lot of readers consider him to be very arrogant and ignorant. He was banned from ET at least once, maybe even more than once. He can't stand any suggestion of successful trading via application of technical analysis, because there is no proof that it can be achieved, but considering all of the above why would posters want to provide him with any sort of proof.
So why did we read it? Because it was hilariously entertaining. Unfortunately, Marketsurfer still keeps suggesting that there was some sort of value in his 13 year old journal. To him maybe, but please find me one reader that actually followed his recommendations that carried 0 indication of risk management.
I have never met Marketsurfer in person, he seems to be quite charismatic in real life. But I think I'll take the rain check.
0 educational value as Marketsurfer never posted a reason to be in a trade. Yes there were both winning and losing trades posted, but some were not accounted for, it was just brought to our attention (when asked) that so and so trade was closed days/weeks ago. There was never any accountability for monthly/yearly performance statistics. Entry calls were posted, yet I don't recall ever seeing even a get-out zone being suggested, as if a stop is always to be assumed to be at 0 of the security being 'traded', but then when it was a winner it was made out to be a huge win, certainly not if it was compared to a stop at 0. No risk management has ever been suggested. On most occasions Marketsurfer would scale into a position, yet math wise it is an inferior strategy when compared to an all-in all-out strategy. Most difficult questions would be swept under the carpet and if pestered for an answer a poster would be laughed at and branded a gonzo, a h8er, a moron, clueless, mad, etc. He says people have it in for him, yet a lot of readers consider him to be very arrogant and ignorant. He was banned from ET at least once, maybe even more than once. He can't stand any suggestion of successful trading via application of technical analysis, because there is no proof that it can be achieved, but considering all of the above why would posters want to provide him with any sort of proof.
So why did we read it? Because it was hilariously entertaining. Unfortunately, Marketsurfer still keeps suggesting that there was some sort of value in his 13 year old journal. To him maybe, but please find me one reader that actually followed his recommendations that carried 0 indication of risk management.
I have never met Marketsurfer in person, he seems to be quite charismatic in real life. But I think I'll take the rain check.
Well--- to address your one cogent point-- risk management is up to the individual. Everyone has different parameters for trades. My posts are designed to teach and create conversation- readers can decide how and when to exit depending on their personal risk levels/ position size: conviction.
My posting my exits would amount to hubris and provide zero value.
Im already succesful at a tiny level in this game. I am trying to help others think straight about the markets.
Understand?
surf
Yep.
What you fail to comprehend is that if your thread had actual value, then it would not have been downgraded by the owner of ET. You seem to be blaming others for this outcome and not accepting any blame, as always.
There is tremendous value in the surf report-- not everyday but overtime there are historic postings there. I have the emails from big players thanking me for certain insights over the years.
There is much more going on here than you can see---
I followed the "new rules" of posting size, entries and exits-- however, despite doing this, mgt bowed to the cabal, who have been demanding the closing or moving of the surf report for months. It's all there for everyone to see.
Why do you think they are so adamant to see me banned or muzzled?
Hey Surf,
Please consider this message. It is genuine and in no way intended as entertainment.
I really think you should stop this. It's not healthy. The "Surf Show" may well be entertaining at times, but mainly at your own expense. Think about it, what benefit do you get from doing this?
You're a habitual liar like no other I have ever known. You'd most likely benefit from psychotherapy. It could change your life for the better.
There's no need to reply to this. Just consider it.
Why don't you specifically identify my "lies" prior to this "soft form" of character assassination?