Surf Report

Status
Not open for further replies.
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.
Possibly the only decent insight you have posted here...congrats.
 
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

Exactly. All anyone needs to know is that none of the dozen trolls on this thread has the courage to start his own journal, to make accountable calls as OP does.
 
Last edited:
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

Funny how you try to avoid what we know as real (your losses) and start about things you have no clue about (my losses).
Leaving the real world and start in the world of fiction.
 
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.

Using difficult words that have no meaning to impress the (other) fools. Typical Bernie talk.
How do you quantify the macro economical picture?
Your price diver gave 7 consecutive losses. A real achievement and difficult to copy.
 
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

Reckon Yoda's famous quote is applicable here..."you must unlearn what you have learned".

You're overcomplicating things, all those books you read and commentary you listen to have messed with your thinking.

It can get complicated the closer you get to perfection but the base is not complicated at all.
 
Last edited by a moderator:
Reckon Yoda's famous quote is applicable here..."you must unlearn what you have learned".

You're overcomplicating things, all those books you read and commentary you listen to have messed with your thinking.

It can get complicated the closer you get to perfection but the base is not complicated at all.

Well, true and false. Sure, trading is nothing but learning your platform, then pushing buy and sell buttons--so it seems simple--partcullarly when the psychological intermittent enforcement factor is considered. But in reality, every time you decide to buy or sell, you are making a prediction about the future. It appears that most of you use past price charts for this, all the studies, research, and experience I have had indicates there is zero value in doing this, you might as well be guessing--- while charts can be used as intramarket context and getting an overall feel, they can't be used to make real time decisions or to set your bias-- it is very deceitful and realizing this is the first step to understanding how the market really works.

I try to look at and quantify what happens prior to price movement, the drivers of price --

surf
 
Using difficult words that have no meaning to impress the (other) fools. Typical Bernie talk.
How do you quantify the macro economical picture?
Your price diver gave 7 consecutive losses. A real achievement and difficult to copy.

I am sorry you don't understand my vocab, therefore it has no meaning to you. My book may give you some background and there is always google.

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.

only if you have a piker account. hit a decent trade with 0.5% risk on a large account and its big money.
 
Status
Not open for further replies.
Back
Top