Surf Report

speedo · Mar 8, 2017

Overnight · Mar 8, 2017

propwarrior said:
the fact you have written this means you are more likely to succeed in your goals.

I mean, that's really all it is about, yeah?

southall · Mar 8, 2017

JSSPMK said:
Holding short too.

Good luck, but out of all the indexes to short, NDX was probably the worst one you could have chosen. It seems to be the most stiff of all the indexes.

truetype · Mar 8, 2017

marketsurfer said:
patience is a virtue in situations like this

marketsurfer · Mar 8, 2017

truetype said:
View attachment 171488

Thanks, TT. Holding tight with the shorts---All signals are this will be a solid winner.

surf

volpri · Mar 8, 2017

marketsurfer said:
Yes, full conviction demands commitment. Otherwise you will just be a churn addict.

The key is to only risk - risk capital. I know that sounds redundant, but its very true. Nver trade with scared money or capital u can't afford.

surf

Yep i am a churn addict. Love the churn. Get to ride the churn up and down, back and forth making $$$ both ways. So many opportunies last three sessions. Wonderful trading. There is a great churning.

Be aware..surf..it is a bull market. This is only a pb. What wilt thou do when it trades back up before reaching your 1000 point drop?

Visaria · Mar 8, 2017

marketsurfer said:
Yes, full conviction demands commitment. Otherwise you will just be a churn addict.

The key is to only risk - risk capital. I know that sounds redundant, but its very true. Nver trade with scared money or capital u can't afford.

surf

V true... good post.

marketsurfer · Mar 8, 2017

volpri said:
Yep i am a churn addict. Love the churn. Get to ride the churn up and down, back and forth making $$$ both ways. So many opportunies last three sessions. Wonderful trading. There is a great churning.

Be aware..surf..it is a bull market. This is only a pb. What wilt thou do when it trades back up before reaching your 1000 point drop?

I was also for years. Yes, i know its a bull market. Will take a 4000 point plus plunge to change that fact. Good luck to you!!

Surf

marketsurfer · Mar 8, 2017

Visaria said:
V true... good post.

Thanks!

PistolPete · Mar 8, 2017

BY my model today is the first what could be even considered bearish day on DJ in over 3 weeks . Closed below yesterdays LOD , does this mean a top ? Hell no but its the first requirement for one to form , shorting prior to this an exercise in futility as clearly exhibited by the mindless martingale like system demonstrated here in this thread .... OH and thats one marginal close < previous days lod . Pyramid shorts on way down not the way up