Surf Report

marketsurfer · Mar 6, 2017

Option_Attack said:
Wait just a minute here! Cummon, Surfy... You left out "Crank Engineers!"

Lol! Forgot about that one . . Most good guys, but, yes, look out for the cranks. Lol

propwarrior · Mar 6, 2017

marketsurfer said:
Your pattern recognition skills are lacking. No wonder you remain a warrior, sport.

surf

What about the marketfaker doing his arse on a regular basis pattern. I am good at spotting that one. You and your team having a blast racking up those $100 Nadex demo dollars. Bisous.

marketsurfer · Mar 6, 2017

Climbing the wall of worry at the surf shack

LacesOut · Mar 6, 2017

marketsurfer said:
Thanks, truetype!

They all jump on, like lemmings, rather than respecting the proper studies and research that is graciously given away gratis on the surf report

Most of the haters have no clue and haven't progressed past the basics

surf

Yeah thanks Truetripe!
Good lord you are predictable.

LacesOut · Mar 6, 2017

marketsurfer said:
Been doing the same thing since 2006 on elite-- you need to do your own research or just watch and learn.
surf

Watch and learn?
How to lose trade after trade with no methodology, no discipline, no logic, and likely, no real money.
Amazing how someone is so proud of their trading accomplishments which are so pathetic.
Fascinating to watch this train wreck in near real time.

volpri · Mar 7, 2017

The ym has not topped. Just a pb. Getting ready to make new highs. Might wanna make haste and get long. Sorry.

propwarrior · Mar 7, 2017

marketsurfer said:
Climbing the wall of worry at the surf shack

View attachment 171388

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.

JSSPMK · Mar 7, 2017

So who else considers market to have developed a top, not necessarily something that would mark an end to the bull trend, but a top is a top nevertheless.

southall · Mar 7, 2017

propwarrior said:
The all in mentality will end in financial & emotional ruin.

The OP has gone 'all in' in his paper trading journal account.
Risking 100% of nothing, is still nothing.
And he has no reputation or credibility to lose either..never had any in the first place .

Still, very good advice to warn new traders not to risk more than 1% of the account on any individual trade.

propwarrior · Mar 7, 2017

southall said:
The OP has gone 'all in' in his paper trading journal account.
Risking 100% of nothing, is still nothing.
And he has no reputation or credibility to lose either..never had any in the first place .

Still, very good advice to warn new traders not to risk more than 1% of the account on any individual trade.

yes 1% of account is punchy, 0.5% is a more relaxing trade in my experience. It's all about account size. If your account is only $10000 nobody risks $50 as it's not meaningful to them. They risk 5%, 10% or worse and that's when you paint yourself into a corner. To trade for a living ideally you need $100k imo, its possible on $25k to $50k but it ramps up the pressure. Until you can get to the point where you are completing relaxed win, lose or draw it is hard to make it in this game. If you start with $100k and have an incredibly bad run and go down to $90k it's time for a break and re-evaluation but is is NOT going to kill you emotionally. all about account size and actually being able to trade!