Surf's Special Situation Journal

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For the sake of truth: having losing trades is OK so let's not criticize Surf if his calls turn into losses sometimes.

The other question is: should a trader talk about any trade in terms like "super bullish(bearish)" and other similar rhetoric considering he doesn't know for sure if it works. :)
 
There is an epic battle between the bulls and bears right now around the 14k level in the DJIA futures. The behind the curtain look at the Price Drivers still indicates the BEARS will win the battle. Yeah, we entered early, but remain confident for solid downside. The market is fighting against the Price Driver projections, but it can't withstand the downward pressure forever. We are maintaining the short position in the YM for now, down about 60 points. Fully confident that the projected sell off will occur shortly. Stirred not shaken, surf
 
Price drivers in action:

Quote from marketsurfer:

We are about negative 20 points in the latest YM trade. There has not been any changes in the underlying Price Drivers, therefore we are holding for now. surf
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Quote from marketsurfer:

about 44 right now--- PD can be a bit early in the prediction, i get greedy and go all in, when truly the smartest way to trade it is to ease into the position. Man, I FIGHT greed every single day---- surf
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Quote from marketsurfer:

There is an epic battle between the bulls and bears right now around the 14k level in the DJIA futures. The behind the curtain look at the Price Drivers still indicates the BEARS will win the battle. Yeah, we entered early, but remain confident for solid downside. The market is fighting against the Price Driver projections, but it can't withstand the downward pressure forever. We are maintaining the short position in the YM for now, down about 60 points. Fully confident that the projected sell off will occur shortly. Stirred not shaken, surf
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Give him some time, his long call was also a bit early. But in the end, it was a great trade.

Just look at the market action. Looks quite ugly now.
 
Quote from sculptor66:

Give him some time, his long call was also a bit early. But in the end, it was a great trade.

Just look at the market action. Looks quite ugly now.
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Thanks.

the trade is not even 48 hours old and these guys are calling it wrong all ready--- man, what's up with dat?
 
Quote from marketsurfer:

Thanks.

the trade is not even 48 hours old and these guys are calling it wrong all ready--- man, what's up with dat?
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just having some fun between trades...it's not even about being right or wrong..it's about the size of winners versus the size of your losers with a decent win rate...using TA of course :eek:
 
Quote from marketsurfer:

Thanks.

the trade is not even 48 hours old and these guys are calling it wrong all ready--- man, what's up with dat?
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Probably just the fact you were under water by 60 points at one point. Some people are funny about that sort of thing.
 
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