Surf's Special Situation Journal
- Thread starter marketsurfer
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Hmm... I am moderately profitable on my Zulutrade system, screenshot of which Surf posted here last week and which now has 26 closed trades with 46% win rate, max winner of 18 ticks and max loser of 10 ticks... all despite the very distracting nature of this signal providing activity, having to enter orders/manage trades on a separate account simultaneously with my own trading, which frankly cost me quite some nerves and money.
Luckily I am almost finished with organization of much more effective way of managing OPM.
But... BUT... Surf keeps saying "prove me wrong", now attracting people to participate in some shady looking "contest"...
Too many questions... too few answers.
Surf, just to be clear, you've been trading since 1990 and now are entering a paper trading combine. Is this correct?
Are you on mind altering drugs surf? How about a reminder. YOU are the one who goes on TA threads and tells us TA is useless and your Price Drivers are where it is at. So how about looking at your prediction for 6 days ahead instead of 10.
Remember I told you to book profits and reverse short as it was at a critical reversal point. SO what did surf do? You held long and when I told you of the danger YOU DOUBLED UP and called for a bullish week ahead.
So here we are almost at the end of your prediction - your price drivers against old fashioned TA. Let's see how your bravado worked out, but first a reminder of your conviction for this week...
Quote from marketsurfer:
What is your chart telling you about Monday? You TA folks speak in riddles that can easily be interpreted after the fact to mean anything. Please be specific. My Price Drivers are signaling bullish for Monday.
I maintain, once TA shows it, its too late or of negligible value in MOST cases. Enough so to negate the value of such an approach. Clearly, it can be shown in a very small number of circumstances to have value-- such as the daily candle in JCP-- but its not repeatable enough to be of interest.
surf
It is telling you the welcome mat has been replaced by the trap door. It's not talking about Monday, it's talking about now - take profits and reverse short. You hold that short until you get a buy signal and that might be on Monday. It might be in a week or a month as this has the potential to roll through a lot of time frames.
This is a dangerous position to be long imo because of the roll over potential. In any event bank profits, sell short and wait for the buy signal.
Xspurt
Ok, we have doubled down into the Dec YM long at 13497 signals are strong for a bullish monday and next week thus far. enjoy! Surf
Great! I do like the sound of doubling - we got double elephants
Xspurt
From the above it was clear that TA would have made a double profit by closing surf's long to bank profits and reversing short to add to profits from the fall.
However surf's price drivers not only overstayed their welcome, they were extra bullish in a TA short set up and doubled up for a double loss instead of a double profit.
Even reversing surf's price driver signals won't help much because of the lack of control.
(For Oilfxpro, freak and the gang of trolls, Monday comes after Friday as every call I make is hindsight to you)
So how did you play this move?...
Quote from marketsurfer:
Holy F! closing out the long YM trade at 13465 with loss. surf another signal 100% reversed-- got the fat move but not in the direction predicted. what we saw is happening RIGHT NOW, but dang it, wrong way.....
Gonna step away for awhile and re evaluate. thanks for following along. surf
What do I want another 10 days of this for when you are in continual denial? Now let's see how the week progressed on day 6 of surf's double up bullish week...
The wheels turn and the TA true believers and fakers continual to squirm
rather than stepping up to the plate.
This last guy takes the cake, I guess he will still be pointing at his correct guess next year....
Either you prove your methods in real time, or i'll assert they are full of baloney.
Here's your chance, take it or don't.
surf
rather than stepping up to the plate.
This last guy takes the cake, I guess he will still be pointing at his correct guess next year....
Either you prove your methods in real time, or i'll assert they are full of baloney.
Here's your chance, take it or don't.
surf
No, let me tell you why. ALL the big trend funds run multiple trading programs or funds under their umbrella. The winners are promoted and the losers are pushed under the rug. Obviously, guessing on direction can and does work-- its called trend following. It can also not work, but the fact is there is no edge there. hope this makes sense to you. best, surf
Yes, I placed my first trade in 1990-- LA gear-- will never forget it! then the kingdom of denmark warrants--- made a killing!
I posted this before, but I'll post it again-- I am doing an article on the COmbine concept for trading-- i want to have first hand experience prior to starting to write. Furthermore, daytrading is dying and I truly believe ideas like the COmbine may bring it back to life-- I am 100% supportive of bringing new blood into the game. This idea gives EVERYONE a chance to be a trader. I am 100% behind it-- unless it can be shown to be unethical etc-- obviously.
surf
Quote from cornixforex:
Is that supposed to be scary perspective?
Why do you ignore the fact I literally already performed the same task as the contest you offer? Or that particular contest is the only way to prove working TA?
Not at all. its just one way, in real time, starting ahead of time. regarding your Zulu account-- not bad performance at all, congratulations!
However, I don't know if you had multiple accounts and just show the winners... it is marked 2 for some reason.
With the combine, you start side by side with everyone else-- there is no way to fake it.
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