Surf Report

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Dude. No single trade should worry you, losing trades happen all the time. If you risk 0.5% to 1.0% of your capital there isn't anything to worry about. The all in mentality will end in financial & emotional ruin.


Lol! Get a clue sport, listen instead of spouting off your lack of knowledge. Or maybe try google when you read a phrase you never heard.

Here's a lesson on what "climbing the wall of worry" means

http://www.rbadvisors.com/images/pdfs/Climbing_the_Wall_of_Worry.pdf
 
The ym has not topped. Just a pb. Getting ready to make new highs. Might wanna make haste and get long. Sorry.

near impossible. The pull back bottom remains nearly 1000 points away from the current price. The top is estabished for quite a long period

Hedge your long positions! Get Short! Or go Flat surfers and surfettes.

surf
 
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Here's a lesson on what "climbing the wall of worry" means

Lol, climbing the wall of worry normally means a Bull market that is dumfounding the shorts who keep thinking the market has topped and cant go any higher. But it continues to go higher regardless.

This is exactly what you have been thinking, and the market continues to prove you wrong.
 
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Lol, climbing the wall of worry normally means a Bull market that is dumfounding the shorts who keep thinking the market has topped and cant go any higher. But it continues to go higher regardless.

This is exactly what you have been thinking, and the market continues to prove you wrong.

Yes, correct in first paragraph. The market proved me wrong at first,but it will prove the wisdom of the predictive price driver model.
 
Yes, correct in first paragraph. The market proved me wrong at first,but it will prove the wisdom of the predictive price driver model.

How? By making 7 losing trades in a row?
In the real world you lost seven times in a row. That's all till now, not even a single profit. Where is the wisdom of the predictive price driver model?
One thing is sure: it is not hiding in your head. :D

Don't mix up "wisdom" with "wishful". These are two completely different things.
 
How? By making 7 losing trades in a row?
In the real world you lost seven times in a row. That's all till now, not even a single profit. Where is the wisdom of the predictive price driver model?
One thing is sure: it is not hiding in your head. :D

Don't mix up "wisdom" with "wishful". These are two completely different things.

Lol! These chart artists never have a loss. Maybe because they never trade in the real market, content to annotating charts while blinded by hindsight bias and being fooled by randomness.

:finger::D
 
Yes, correct in first paragraph. The market proved me wrong at first,but it will prove the wisdom of the predictive price driver model.

There's no predicting price in futures trading, especially intraday trading. What are the variables that matter Surf? C'mon, someone with your intelligence should be able to work it out easily.
 
Whenever I see what I am seeing now I go 'b...s in', they are rare and provide plenty of expansion more often than not.

It's fine & prudent to pussyfoot risking 0.5% trading, but certain times you gotta increase risk to take advantage of those opportunities.
 
There's no predicting price in futures trading, especially intraday trading. What are the variables that matter Surf? C'mon, someone with your intelligence should be able to work it out easily.

Agree about intraday. In the YM, we take the Price Drivers of each individual stock and put it into a formula taking into consideration volatility plus the quantified macro economic picture plus plus It all boils down to buy or sell trigger. Its often a little early since it over shoots the time factor which is why i often leg into the positions.

surf
 
Whenever I see what I am seeing now I go 'b...s in', they are rare and provide plenty of expansion more often than not.

It's fine & prudent to pussyfoot risking 0.5% trading, but certain times you gotta increase risk to take advantage of those opportunities.

Absolutely, for most, a 0.5 % risk factor will yield less than minimum wage unless u are already very wealthy. You need to bet big when the time is right or u will be forever churning like an addict.
 
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