Surf's Special Situation Journal

cornix · Mar 14, 2013

Quote from marketsurfer:

I fight my demons when it comes to trading--- i have an issue with fading myself and wanting to be counter trend. It's a challenge every day, I vs I. It has nothing to do with being right, but I believe it does have something to do with a self destructive sliver of my personality. Sometimes when I find myself successful, I want to burn it down.

surf

In my own trading, eliminating the destructive passion to pick tops/bottoms and instead just riding the trend was probably the most important breakthrough.

Wide Tailz · Mar 14, 2013

Quote from cornix:

In my own trading, eliminating the destructive passion to pick tops/bottoms and instead just riding the trend was probably the most important breakthrough.

+

Although, the urge can still be fulfilled by picking the bottoms of the dips inside the up trend, which tend to happen in predictable zones.

It's great fun, and lowers the risk compared to buying breakouts.

cornix · Mar 14, 2013

Quote from Wide Tailz:

+

Although, the urge can still be fulfilled by picking the bottoms of the dips inside the up trend, which tend to happen in predictable zones.

It's great fun, and lowers the risk compared to buying breakouts.

Yes, those are my favorite. Classic Dow theory reversals within the context of bigger trend are hard to beat.

hard kore · Mar 15, 2013

Cap this thread at 500 pages and vote it into the " Hall of Blame...."

marketsurfer · Mar 15, 2013

All right, I am back from my self imposed trading hiatus.

We are giving this another try here to catch the BIG down move imminent prior to the bull run continuing--- will give this 2 entries and up to 10 contracts total, if needed---

Short YM june @14430--- 5 contracts.

surf

actionzip54 · Mar 15, 2013

Quote from marketsurfer:

All right, I am back from my self imposed trading hiatus.

We are giving this another try here to catch the BIG down move imminent prior to the bull run continuing--- will give this 2 entries and up to 10 contracts total, if needed---

Short YM june @14430 5 contracts.

surf

You gonna be a legend when you catch that big one, am I right bro? You are going to be the guy that calls that big down move RIGHT AT THE TOP? FUCKING RAD BRO!!!

Only problem is you will be out of money before you are able to do it. Losers fade uptrends.

R. Raskolnikov · Mar 15, 2013

Quote from marketsurfer:

I was punished going against my own original SUPER BULL call back in late December----Bentley and etc would have been realities had i stuck with the original idea and not tried to time the dips....

All right, I am back from my self imposed trading hiatus.

We are giving this another try here to catch the BIG down move imminent prior to the bull run continuing--- will give this 2 entries and up to 10 contracts total, if needed---

Short YM june @14430--- 5 contracts.

surf

cornix · Mar 15, 2013

Good luck with the short, Surf!

marketsurfer · Mar 15, 2013

Quote from R. Raskolnikov:

Markets ALWAYS pull back, they never travel in a straight line--- there is going to be significant pull back very soon in the midst of the super bull--- it may have started today--- I don't want to miss it. surf

cornix · Mar 15, 2013

Quote from marketsurfer:

Markets ALWAYS pull back, they never travel in a straight line--- there is going to be significant pull back very soon in the midst of the super bull--- it may have started today--- I don't want to miss it. surf

See, you come closer to understanding TA...

If you have fundamental reason to short and see a pullback, isn't it a good entry?