Surf's Special Situation Journal

RCG Trader · Feb 28, 2013

Quote from bigarrow:

This call resembles what I do, TA wise that is.

That's because it is TA. Picking a price point to enter a trade can be nothing else.

marketsurfer · Feb 28, 2013

Quote from cornix:

Cool. But how do you explain the fact his Street Smarts is, well, purely about TA patterns?

We all evolve--- LC owns the largest repository of trade data on earth, now all his work is quantitatively based---- when you get serious about markets, it doesn't get much better than this
www.themachineus.com for retail access. enjoy, surf

marketsurfer · Feb 28, 2013

Quote from themickey:

Thanks Surf for the lead to the book. I read the book review online and won't bother to follow through purchasing the book.
I've mentioned previously but will mention again, every trader has their own individual technique for understanding and trading markets.

One thing we can all agree on, Trading is a test of nerves and some steely resolve is required.

Surf, re your PD system, now that you have sold the rights as it were (sold your soul ).
Are you personally still going to trade the method in private?

Ok, I can try to help, but if its refused, that's cool too- good luck!

Yes, i am still trading the PD system, but I can't talk about the calls or anything about it in public. sorry! Any calls you see here are from my other methods, like neo channel, or just my meager pattern recognition skills, or whispers I hear. surf

marketsurfer · Feb 28, 2013

Quote from RCG Trader:

That's because it is TA. Picking a price point to enter a trade can be nothing else.

How else would you enter other than picking a number? Just joking with you! Sure, its intuitive, subjective TA based as was the opposite call as the Mickey--- I have nothing against subjective tA, as long as ones using it realize its intuitive and can't be objective. surf

themickey · Feb 28, 2013

Quote from marketsurfer:

Yes, i am still trading the PD system, but I can't talk about the calls or anything about it in public. sorry!

That's great you can continue to trade the method, hope it works out.
I understand you can't talk about it anylonger, not a problem.
I would imagine that if the PD's system is good, you will have zero interest in any other type method, can't see the point in you making T/A type calls or your other methods, like owning a Rolls Royce and driving around in a Morris Oxford.

marketsurfer · Feb 28, 2013

Quote from themickey:

That's great you can continue to trade the method, hope it works out.
I understand you can't talk about it anylonger, not a problem.
I would imagine that if the PD's system is good, you will have zero interest in any other type method, can't see the point in you making T/A type calls or your other methods, like owning a Rolls Royce and driving around in a Morris Oxford.

Things may change in the future, I am not sure of the parties intentions at this time. thanks!

bigarrow · Feb 28, 2013

Quote from marketsurfer:

We all evolve--- LC owns the largest repository of trade data on earth, now all his work is quantitatively based---- when you get serious about markets, it doesn't get much better than this
www.themachineus.com for retail access. enjoy, surf

04-16-11 07:40 PM

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Quote from marketsurfer:

Of course not, simply letting you know I know a little more about this biz than you may believe. Although , I still have lots to learn

I'm not allowed to post any links under warnings of being immediately and forever banished from this site. Please see Larry Connors " how markets really work" to access his work on the slight short term edge available in pullbacks but not in the longer term.
Regards. Surf
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Lucrum · Feb 28, 2013

Quote from bigarrow:

04-16-11 07:40 PM

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Quote from marketsurfer:

Of course not, simply letting you know I know a little more about this biz than you may believe. Although , I still have lots to learn

I'm not allowed to post any links under warnings of being immediately and forever banished from this site. Please see Larry Connors " how markets really work" to access his work on the slight short term edge available in pullbacks but not in the longer term.
Regards. Surf
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So smurf is getting banned - again?

cornix · Feb 28, 2013

Quote from marketsurfer:

We all evolve--- LC owns the largest repository of trade data on earth, now all his work is quantitatively based---- when you get serious about markets, it doesn't get much better than this
www.themachineus.com for retail access. enjoy, surf

So he went from TA to quantitative approach, right? But still at least in mid-1990's when Street Smarts was written, TA worked nicely for him, correct?

marketsurfer · Mar 1, 2013

Quote from cornix:

So he went from TA to quantitative approach, right? But still at least in mid-1990's when Street Smarts was written, TA worked nicely for him, correct?

I didn't meet LC till 2004 and never read the book.