Who the hell put would that box of grease in the driver's seat of a Ferrari? Is the point here that you want us to see that is a Ferrari, and the box of greasy food just doesn't matter? And why is it in black-and-white?
Surf Report
- Thread starter marketsurfer
- Start date
- Status
Who the hell put would that box of grease in the driver's seat of a Ferrari? Is the point here that you want us to see that is a Ferrari, and the box of greasy food just doesn't matter? And why is it in black-and-white?
Royalty cheques from book sales.
We are continuing to hold 10 unit YM short with the minimum 1000 YM point target per the system.
STAY SHORT!
surf
STAY SHORT!
surf
Last edited:
Your 21087 entry was on the June contract yes, back on March 2nd or thereabouts? Well shit, as I see the chart, you're at ~600 tick profit on an extended downtrend. Why not exit the contracts NOW to capture the profits, and go back in short now with one or two contracts, to try to capture some extra downage to that original 1000 point target if that downage keeps happening? This way if it starts going back up, you have a lot less potential loss?
I just don't get it. With a 10ct position at ~600 points you're at ~$30K profit right now, yeah?
And does your shorting audience have the minimum $44K capital requirement to hold maintenance assuming the position settles in +net liquidity each day? Did you tell them that bit?
Im not sure I get your point. The YM WILL fall 1000 pounts minimum from our entry 21087. Sure, we lost some points going into the next series, but is a small price to pay.
Surf report followers, at least the ones i am aware of, have far more money and resources than the surf shack, so don't shed a tear for them!
surf
If you look at the cash and futures market back in January, notice how the premium alternates. It amazes me that prices were able to rip this much higher before heading DOWN. Looking back, 2017 will not be a good year for the U.S. equity market says history.
The point is, you cannot be sure of anything. Remember this blurb from last Tuesday in the Surf Report?
Well, how is that one working out? I do not recall you posting a profit target for it. What about a loss target?
I am not trading oil. But it looks like its down $1 or so. I suggest maintaining longs for now, nothing has changed in the analysis.
Stops and targets are personal, if im not in the trade, or even if i am, only you know your risk tolerance.
surf
If you are not trading oil, why do you give advice on entries in it?
The guy doesn't trade YM either. That doesn't stop him.
- Status