Surf's Special Situation Journal

[Brass]

Quote from Xspurt:

both

Then why not employ the optimal f or whatever to the T and maximize your returns? Because those calculations assume concretely known probabilities of outcome as is the case in, say, casino games. Are your probabilities as clearly defined?

 

[Fah Q]

Quote from eurotrasher:

you need to double down and add to a loser.

this guy knows nothing............

he already did double down, shorted somewhere in the 27.00's. triple down now?

 

[Xspurt]

Why would Surf exit without a price driver when he has no stop. Is it a random thing - a gut reaction or is it a quant algo?

 

[Xspurt]

Quote from Brass:

Then why not employ the optimal f or whatever to the T and maximize your returns? Because those calculations assume concretely known probabilities of outcome as is the case in, say, casino games. Are your probabilities as clearly defined?

Well I am certainly working to maximize returns

 

[Fah Q]

Quote from Xspurt:

Why would Surf exit without a price driver when he has no stop.

i guess he wouldn't but what if price driver is proven wrong when jcp is at $40?

 

[marketsurfer]

SURF ALERT SURF ALERT SURF ALERT SURF ALERT


There is an unprecedented macro special situation setting up in the DJIA right now. EXPLOSIVE upside potential is brewing------ We have entered long YM at 13345. This trade will be closed by Monday 9.17 4:15 pm est.

LONG YM @ 13345

Expecting > 150 points

 

[Fah Q]

Quote from marketsurfer:

SURF ALERT SURF ALERT SURF ALERT SURF ALERT


There is an unprecedented macro special situation setting up in the DJIA right now. EXPLOSIVE upside potential is brewing------ We have entered long YM at 13345. This trade will be closed by Monday 9.17 4:15 pm est.

LONG YM @ 13345

Expecting > 150 points

simmer down a bit. too much excitement is bad for decision making

and you are still going to hold jcp short?

if it's an unprecedented situation, why will you only hold for a few days??

 

[Maverick74]

Quote from marketsurfer:

SURF ALERT SURF ALERT SURF ALERT SURF ALERT


There is an unprecedented macro special situation setting up in the DJIA right now. EXPLOSIVE upside potential is brewing------ We have entered long YM at 13345. This trade will be closed by Monday 9.17 4:15 pm est.

LONG YM @ 13345

Expecting > 150 points

Surf, 150 pts is explosive? Isn't that just two ATR's?

 

[Fah Q]

Quote from Maverick74:

Surf, 150 pts is explosive? Isn't that just two ATR's?

it's unprecedented. that's what he said.

 

[Fah Q]

Quote from Fah Q:

what about something as simple as double bottoms or double tops? those are easy to see and one can easily see if that pattern fails or succeeds. and one can also place a trade BEFOREHAND once seeing the pattern in anticipation of a move.

im not saying i use this type of ta, just using an example.

surf, no comments on these ta patterns that can easily be seen beforehand and also can be judged to work or not?