Surf's Special Situation Journal

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Quote from Xspurt:

I have zero interest in competition other than as a bit of light-hearted fun and if you make a killing with PD's, I'd genuinely be glad for you as there are zillion ways to make money in the market.

But I think you have forgotten how often you claim your PD's beat TA, how you berated TA and baited TA'ers to take up your challenge, and how anyone who mentors in TA is a fraud etc. ad nauseam and you did mention me by name in your challenges so I was just responding.

Ok
 
Quote from Xspurt:

Bit of a milestone today, the newbie that I mentioned had his first 5 figure day.

What's he trading that can leverage a $30K or so account into a 5-figure day without serious risk in the case of a black swan event or platform/hardware failure? I want some of what he's trading :p
 
Quote from TheMagican:

Your right.Your just a JH lite.JH would never use the terms such as "Succesful breakout"

:D

I need a dictionary beside me to try and understand JH, but if you ask me a question I'll try and answer it as best I can.

I think I make a better job of that than JH, but perhaps not!
 
Quote from dreturns:

All due respect, cause I am not worthy. I thought was happy with 100%. If you are routinely able to get 10,000% return with your TA, why do you need to take in rookies? And you must be on this list...


http://www.forbes.com/sites/edwindu...ichest-billionaires-full-list-of-the-top-500/

Think about part of the question you are asking - with a calculator beside you. The problem is liquidity. You can make 10,000% in your 1st year but you don't do that in your 2nd. You do really well though :)

Why would I mentor? Well less than 10 guys in 30 yrs isn't actually going to change the world. I was saying to Cormix that I really recommend he mentor because it forces you to be so clear and rule based in your own trading. It's a fantastic refresher and your own trading gets sharper plus you get the kick of helping someone else.

As a lifestyle I couldn't keep it up though.
 
Quote from Xspurt:

Surely You can't be as dumb as these dimwits?
Well, I didn't think so.
It was just a question ya know.

Personally I don't see the resemblance.
 
Quote from NoDoji:

What's he trading that can leverage a $30K or so account into a 5-figure day without serious risk in the case of a black swan event or platform/hardware failure? I want some of what he's trading :p

Hi ND. Trading Eur and stops are usually around 5 pips. TF's are usually 1 min or lower. Risk is very low and eyes are always on the chart.

Funny enough we were discussing black swans today as I expect to see a few in the not too distant future.
 
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