Rare Marketsurfer Stock Pick--SHORT

If you add in your bad exit strategy(none, exposed to emotions) taxes, commisions, bid asks plus some bad picks(and the losses) I would bet you will be a lifetime loser on this sort of trading. you almost surely wont beat the compounded t-bill rate
 
Actually, I think there is a sentimentality to surf's picks that largely go unnoticed. First, he courts and romances a trade idea, and then he gets married to it. For better or worse, 'til debt do you part. It really is a "family values" way to trade.
:D
 
I am still waiting for the "secret" he knows which is coming out of The BOE today....you know..the one that is gonna cause the mkt to get killed today.

This guy is a fountain of misinformation.
 
MS,

This trade was a disaster from the moment you put it on. You shorted at 48, Crox immediately rocketed above 60 (you let it rip through your 55.34 stop).

You got a gift when the market got clobbered and dragged CROX down with it. You could have covered for a push or even a small profit....but you didn't.

Now CROX is back at 59 (you apparently let it rip through your stop again) and you're still holding. This was/is an awful trade.

1) Why didn't you cover when the market gave you an out?

2) If CROX falls to 35 tomorrow, would you make an argument that this was a good trade?
 
You must log in or register to reply here.
Back
Top