Surf Report

[NoBias]

What an incredible and highly unusual rally in the U.S. indexes. It is certainly putting the system to the test---

Entering the final unit SHORT 20795 in the YM. Currently short 3 units of YM.

surf

What system? You specifically stated that the BTM method was designed for stocks, not indices. Yet you continually trade YM and reference your "system"

With that said, the book is about stock trading, not speculating in the futures market.

Can't have it both ways...
BTM method when trade moves favorably towards your position...
NOT BTM when trade moves adversely against your position...

Text book Snake-Oil

 

[El OchoCinco]

With the market moving in OP's favor, the question now is: where's your stoploss on the fade?

With the market moving against the OP are you going to disappear?

 

[NoBias]

With the market moving in OP's favor, the question now is: where's your stoploss on the fade?

LMFAO, spoke a bit too soon?

Avg price 20737, current price 20781

Friggin cheerleaders and shills

 

[El OchoCinco]

First pic posted by Durf:

This pic posted by TrueType:

Coincidence that Surf's cheerleader TrueType who just joined in January
looks similar to Surf. @Magna I guess vendors can still have multiple aliases...

 

[southall]

With the market moving in OP's favor, the question now is: where's your stoploss on the fade?

My take profit exit is 20842

Stop loss is at 20570.

So an equal 134 stop loss and profit target.

ie Im using a 1:1 Risk/Reward ratio, But the expected win rate is >90% based on Smurf's call history in markets like YM.

 

[Frederick Foresight]

Yes, but let's not lose sight of what is important here. The Sea Dweller is indeed a very good-looking watch. And when surf's trades go deep under water, he may have to borrow it.

 

[marketsurfer]

What system? You specifically stated that the BTM method was designed for stocks, not indices. Yet you continually trade YM and reference your "system"


Can't have it both ways...
BTM method when trade moves favorably towards your position...
NOT BTM when trade moves adversely against your position...

Text book Snake-Oil

YM is never BTM. But it is traded on via a system. Read carefully and a little bit is revealed in this thread.

 

[marketsurfer]

Yes, but let's not lose sight of what is important here. The Sea Dweller is indeed a very good-looking watch. And when surf's trades go deep under water, he may have to borrow it.

My fave rolex by far---

 

[Frederick Foresight]

My fave rolex by far---

The only downside, I imagine, would be the weight. It is more substantial than the Rolex I wore, and I was almost always aware of wearing mine. (Also, I can't even remember how many shirt cuffs I frayed over the years with the bezel.) On the other hand, I often forget I'm wearing my current watch even though it's a fairly rugged field watch.

 

[truetype]

My take profit exit [in YMH7] is 20842. Stop loss is at 20570.

Thanks. Good luck to both you & OP!