surfers $$ journal

marketsurfer · May 5, 2006

Quote from stktrdr:

Do you have a stop? Where/When do you stop nibbling and puke instead?

no.

i position size correctly so that i can be very flexible in the exits.

surfer

ProfLogic · May 5, 2006

Quote from stktrdr:

Do you have a stop?

Where do you put a Stop when you are short and the Market is making all time highs? Any Stop would be at an imaginary level. That should tell you more than anything, your trade direction is bogus. That might be a lot of thing but science it isn't.

stktrdr · May 5, 2006

Quote from marketsurfer:

no.

i position size correctly so that i can be very flexible in the exits.

surfer

Playing devils advocate here; what if we run 500 points in the next few days without a pull back?

myminitrading · May 5, 2006

Quote from stktrdr:

Do you have a stop?

Its just pretend trading, no stop needed. No snap shot of any trades just some typing on a message board trying to act like a trader. If it corrects any they always say the added more and then closed out their position on that pullback, then they slink off.

stktrdr · May 5, 2006

Quote from myminitrading:

Its just pretend trading, no stop needed. No snap shot of any trades just some typing on a message board trying to act like a trader. If it corrects any they always say the added more and then closed out their position on that pullback, then they slink off.

Whatever happened at taking a man at his word?

marketsurfer · May 5, 2006

Quote from myminitrading:

Its just pretend trading, no stop needed. No snap shot of any trades just some typing on a message board trying to act like a trader. If it corrects any they always say the added more and then closed out their position on that pullback, then they slink off.

i have tons of laundry at the house. wanna stop over and fold it for me??

myminitrading · May 5, 2006

Quote from stktrdr:

Whatever happened at taking a man at his word?

Yes of course my apologies, I hope everything works out. Please keep your journal updated.

Ciao!

marketsurfer · May 5, 2006

Quote from stktrdr:

Playing devils advocate here; what if we run 500 points in the next few days without a pull back?

hey stock,

i can withstand severe adverse excursions due to proper position sizing. however, i do have a "throw in the towell"level that is way less than 500 points !

surfer

jackbyrd · May 5, 2006

Pardon me sir, but could you give us an update on your long dollar experiment?

marketsurfer · May 5, 2006

Quote from jackbyrd:

Pardon me sir, but could you give us an update on your long dollar experiment?

certainly, mr.byrd.

marketsurfer

Registered: Apr 2002
Posts: 6806

05-04-06 06:15 PM

closed out the dollar longs at a loss today. holding profitable DJIA long into friday morning, trailing with wide stops to lock in some profit should it reverse. climbing slowly and cautiously out of the hole......

best,

surfer

surfer