Surf's Special Situation Journal

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Quote from traderchi128:

Crude drops 150 ticks from his entry and claims to have only lost 20 ticks, which happened instantly after his price driver got him long.........
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Surf walks on water....................:D :D :D
 
Thanks for clarifying. This makes a lot more sense than what you originally posted with regards to stops.

Quote from marketsurfer:

sure, I don't place initial stops, but as an entry plays out and I see it not working out, I will place stops to close the position rather than just closing at the first sign of being wrong. Its kinda like going with the flow of the Price Drivers.
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Quote from eurotrasher:

Surf walks on water....................:D :D :D
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The wonderful world of paper trading....................where one can go back in time and sell a long at a much higher price.
 
This may come as a shock to some, but NO ONE IS FORCING YOU TO CLICK ON THIS THREAD. If surf's posts/trading bothers you then please avoid this journal and go to one of the hundreds of other threads. But if you find you just can't tear yourself away I want things to remain friendly and civil as long as you continue to hang around. This thread stays here, and will not be moved to Chit Chat as some of you noble souls have so graciously suggested. If that also bothers you then send me a PM with your complaint, but this journal is not the place to have that discussion. Thanks.
 
Why was this setup so "unbelievably significant"?



Quote from marketsurfer:



There is an unbelievably significant signal to short the Apple here at 697.21......

stopped out of AAPL short. flat
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Hmm , price drivers seem upside down.

If you went long where it went short and reversed short on your buy to cover it would have been quite a trade.
 
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