Rare Marketsurfer Stock Pick--SHORT
- Thread starter marketsurfer
- Start date
charlatans will always claim they were right or per the old saying the market can stay irrational a lot longer than you can stay solvent.
not having read the thread in its entirety i am not calling market surfer a charlatan.
It's 1pm. You ask me what time it is. I tell you its 5pm. Did I give you the right time, but I was just off by a couple hours?
I'm simply saying he was early on the trade. Plenty of us have been before. Had he said "short AAPL!" he would have been flat out wrong there.
Without risk management, we got nearly nothing, and many times, simply nothing.
The problem with Surf's calls is that he deems technical analysis to be worthless. He shorts stocks that don't don't have any historical highs, which is for insider traders IMO. It is my firm belief that his timing would improve if he was to accept and implement technicals into his decision making. I know some guys within capital management that use both and do very well for it, as when both analysis agree timing couldn't be much better.
One of his many problems ....
"I was early" or "Only the timing was off" are loser excuses. Either a trade makes money or it doesn't. This short CROX call was absolutely horrific.