Surf's Special Situation Journal

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Damn bro, I just realized you avg 22 posts per day! That's awesome!!

Quote from college ruled:

catching pivotal moments in the trading day...wow you're something special me too me too
 
Quote from college ruled:

catching pivotal moments in the trading day...wow you're something special me too me too
he/we all started testing the waters as you are now,he got tired of giving back so he learned to sit and wait for setups
 
You are 14 years behind me. You need the combine, I do not :)

Quote from college ruled:

Nothing like that not even close but hey I like my trades. :)

i am learning at lightspeed

i'll do the combine soon, will you join me?
 
I mentored two traders about 6 years ago. One on one, every day for about 4 months. It was grueling, but I feel good to have given back in some way. ET is not really the place for it. You can try and help but you'll usually get smart ass responses back like "you're something special!" when your only intention was to shed some light. Oh well :)

Quote from ammo:

he/we all started testing the waters as you are now,he got tired of giving back so he learned to sit and wait for setups
 
Quote from R. Raskolnikov:

I mentored two traders about 6 years ago. One on one, every day for about 4 months. It was grueling, but I feel good to have given back in some way. ET is not really the place for it. You can try and help but you'll usually get smart ass responses back like "you're something special!" when your only intention was to shed some light. Oh well :)

Will you mentor me? I am a quick study. Give back once again please :(

all i ever wanted to be is a trader
 
I've mentored half a dozen traders here so far, also giving back a little of what was given to me by several awesome ET-ers.

I never claimed to average $50K every 10 days. I asked if those who state plainly that TA doesn't work and is junk science would be willing to put up the $50K that may be generated trading 5 lots of oil for 10 days. Surf proved in a single hour (unless he started trading before the Nymex open) on Day 1 in the combine that over $3000 in gains could be generated and that was with price moving in a fairly narrow range.

I don't recall making outrageous claims on ET. Nor do I recall putting down anyone's trading methods as junk. Nor do I recall telling anyone they aren't actually making money trading the way they do because they're obviously frauds if they claim to make money doing [fill in the blank].

Some of you guys should be writing fantasy or screenplays because you have the ability to extract a few words someone posts and create entire new realities with them.
 
Quote from R. Raskolnikov:

To give you a few more details, I look at multiple time frames. The larger frame is the one that provides the signal, the faster one(s) is/are used for entries. I've been trading since '98 and in that time I have worked on and developed a method to catch pivotal moments in the trading day, either through a directional play or from a reverse after being stopped out for a (usually) small loss. Essentially looking for when the mkt has people learning one way, then propels the other way. The short/long covering of that move, coupled with the buying/selling of others on top of that, usually leads to large moves (when volatility isn't flat-lining).

I don't mess with the wicks up or down or a lot of the noise that transpires. I only trade when I have alignment of the factors that generate a trade via my system. I usually also trade the ES when volatility starts to expand. I like the SPY overall because tick size is more favorable when ranges and volatility are small/low.

See, now I can read this and, without any additional information, know that three things are highly probable: 1) you actually trade, 2) you are consistently profitable, and 3) we trade almost identically.
 
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