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This is very subjective, care to elaborate what "very tightly controlled" means?

Quote from marketsurfer:

What you see as crazy plunging gamble is, in reality, very tightly controlled. surf
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Thanks for the good thoughts!

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We are down 1.75 points right here in the CL long. Our expected bounce finally materialized all the way down at 92.12 placing the position in a bit of heat earlier in the session. Holding long here. surf
 
Quote from Lucrum:
04-04-13 08:49 AM
Next visible means of support around 9240.
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Considering a 272 tick range I guess missing it by 28 ticks isn't too bad, for a mere mortal small time retail kinda guy. That and the PD's were, so far, early by 285 ticks.


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smurf may complain and have this deleted. But the fact is he admitted on his last journal that his goal in trading is fame/notoriety. NOT consistency or even profitability for that matter. Which explains his uh "method" of hold and hope.
Over the years I've observed time and again. Once in a while he'll catch a good move. He'll brag, a few unwary sheep will praise him for it. Whilst he and they ignore the multitude of massive previous losses. smurf is here for attention, this and his several other journals over the years give it to him.
 
Quote from marketsurfer:

Down a max of 2.47 points in oil and you guys are ready to crucify the method as being nonsense. You cant' trade weak handed in this market and need to be willing to take drawdowns to catch the big waves. I have a longer term time frame on this entry-- yeah, it sucks that it went against me immediately, but looking at the big picture combined witht the PD reading of 7, this one should still be a winner. I'll close it out should the PD readings drop--- surf
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Surf,

What are PD readings?
 
Quote from etfarb:

Surf,

What are PD readings?
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PD stands for Price Drivers. It's our proprietary system of quantifying sentiment on a scale of negative 10 to 10 with zero being completely neutral in an effort to project the future price direction. I go into deeper explanations on the surf journal, do a search.

thanks, surf
 
Quote from etfarb:

Surf,

If your long CL...

Then your clearly short equities right now... correct or incorrect?
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Im flat equities right now, except for long term longs in EDR, and FSC
 
Good to see you back in the thread game

btw, you shouldn't have ended the last one, it was just the usual back and forth
 
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