surfers $$ journal

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Quote from TradeViper:

By the way, just for the sake of entertainment, and this is not to be construed as investment advice. We have placed a short entry at 1.2671, EURUSD.

We showed the current chart to our draft mules Molly and Dolly, they pinned their ears back, and gave a raucous bray, this is a sure sign of a falling market. :D
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i agree with you. however, after getting singed a bit in the fire of dollar collapse, i hesitate. will jump back into the fray in a bit.

good luck !

surfer
 
Quote from Bitstream:

u might get a chance to close at a lesser loss 2morrow with dell halted'n'missin' estimate'n'lowerin' fcast...take it...present from santa.
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thank you, bit. yes, good news for my side of the fence.

surfer:D
 
Quote from Buy1Sell2:

Counter trend position traders who then ride the new trend are always the most profitable traders long term.
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thank you. good to see several of you understand what i am doing.


the only sure way to catch an exact top or bottom is to enter early. based on when your system/programs is indicating the block of time has arrived and position size properly to withstand the likely adverse excursion--as calling exact price time then entering is a discipline best left to mystics. my trading is based on SIZE, TIME and PRICE---- remove any of these 3 pillars and the structure collapses.

best,

surfer
 
Quote from marketsurfer:

thank you. good to see several of you understand what i am doing.


the only sure way to catch an exact top or bottom is to enter early. based on when your system/programs is indicating the block of time has arrived and position size properly to withstand the likely adverse excursion--as calling exact price time then entering is a discipline best left to mystics. my trading is based on SIZE, TIME and PRICE---- remove any of these 3 pillars and the structure collapses.

best,

surfer
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I generally start small because I am usually early--then I add. I may use stops or not depending on how the risk relates to the portfolio size. The idea is to get the size where you want it to be by the time the reversal comes. Now, some reversals are very straightforward and can be super sized right away. This is the way most professional position traders are successful.
 
Quote from Buy1Sell2:

I generally start small because I am usually early--then I add. I may use stops or not depending on how the risk relates to the portfolio size. The idea is to get the size where you want it to be by the time the reversal comes. Now, some reversals are very straightforward and can be super sized right away. This is the way most professional position traders are successful.
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yes.

best,

surfer
 
$INDU 11575

Once $INDU closes under there, you should see some money coming along

I think YM futures dropped below that , so should be start of some downtrending.
 
Quote from JimmyJam:

...The thing is, this guy surfs oceans, and we're used to playing around in ponds ...
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Point taken. Context is everything. So now that we have an idea of how far he is willing to let a trade go against him, let's see how much it brings home...
 
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