Surf's Special Situation Journal

[marketsurfer]

Quote from BillyC:

Any updates ? You are way underwater here? Tough to make 50 ticks on winners and lose 200 on losers no ?

What are you talking about? I am down 33 in the YM and 1.09 in the CL-- how do you get 200? Price Drivers gauge bearish/bullish sentiment as it changes, they do not exactly time entries hence the staggered nature of the entries and the often "early" trades.


PD's staying at negative 7 for both YM and CL--therefore we are staying SHORT.

surf

 

[Xspurt]

Quote from marketsurfer:

Are you related to or the same person as jack hershey by any stretch of the word? surf

If I ask, are you completely nuts, would that convey the answer strongly enough? In case it doesn't I'll give you a plain NO!

Now are you up for the challenge?

 

[marketsurfer]

Quote from Xspurt:

If I ask, are you completely nuts, would that convey the answer strongly enough? In case it doesn't I'll give you a plain NO!

Now are you up for the challenge?

No, I have nothing to prove to you or the other trolls. My record is posted in public since 2002 on the surf report with before the fact calls in as real time as possible. If any cares, its all there. surf

 

[BillyC]

Quote from marketsurfer:

What are you talking about? I am down 33 in the YM and 1.09 in the CL-- how do you get 200? Price Drivers gauge bearish/bullish sentiment as it changes, they do not exactly time entries hence the staggered nature of the entries and the often "early" trades.


PD's staying at negative 7 for both YM and CL--therefore we are staying SHORT.

surf

Sorry. Was 1.50 not 2.00 at the time. So your price drivers gauge sentiment then you try and trade off if that. Makes sense. But it seems your Pd are a very tiny part of the equation here. They really will have little impact on your results. It will all come down to risk mgmt and position sizing. And if your winning trades are 1/3 the size of your losers you are in for a rough road. It's nice to have an indicator like a pd , but anyone can say the mkt is going up/down. It's how you trade that determines success.

 

[Xspurt]

Quote from marketsurfer:

No, I have nothing to prove to you or the other trolls. My record is posted in public since 2002 on the surf report with before the fact calls in as real time as possible. If any cares, its all there. surf

Ah not so quick on the hop here. Having a journal is great, but if you are going to hop all over ET telling everyone that TA is a sham and your PD's are amazing, but then take your PD's away for private viewing, don't you think you should back up your cat calls that no one will show you TA works and TA'ers always back down when you press for them to show TA in action. Well here I am and I'm not the one backing down but you are the one making amazing claims for your PD's that you have removed.

So I offer you a simple transparent challenge that around the end of the year you, Jack and I can show the proof.

I have no problem with you believing your PD are the best thing since sliced bread, but you are the one who keeps berating TA and telling us PD's are way in front. Then you are the one who keeps asking for someone to step up to the plate and prove their TA - well I'm here and accepting your challenge. But now you are saying you have nothing to prove?

And I thought you loved me, but you called me a troll

 

[marketsurfer]

Quote from Xspurt:

A. Then you are the one who keeps asking for someone to step up to the plate and prove their TA - well I'm here and accepting your challenge. But now you are saying you have nothing to prove?

And I thought you loved me, but you called me a troll

I love you? This is going into the twilight zone now..... must be fun to make challenges and throw barbs from the anonymity of an alias. why not reveal who you are?

surf

 

[BillyC]

Quote from marketsurfer:

What are you talking about? I am down 33 in the YM and 1.09 in the CL-- how do you get 200? Price Drivers gauge bearish/bullish sentiment as it changes, they do not exactly time entries hence the staggered nature of the entries and the often "early" trades.


PD's staying at negative 7 for both YM and CL--therefore we are staying SHORT.

surf

Sorry. Was 1.50 not 2.00 at the time. So your price drivers gauge sentiment then you try and trade off if that. Makes sense. But it seems your Pd are a very tiny part of the equation here. They really will have little impact on your results. It will all come down to risk mgmt and position sizing. And if your winning trades are 1/3 the size of your losers you are in for a rough road. It's nice to have an indicator like a pd , but anyone can say the mkt is going up/down. It's how you trade that determines success.

 

[Xspurt]

Quote from marketsurfer:

I love you? This is going into the twilight zone now..... must be fun to make challenges and throw barbs from the anonymity of an alias. why not reveal who you are?

surf

Now please, let's have some journalistic integrity surf. You've been hopping round ET making all kinds of barbed comments about TA and those who use TA. But when you get a response you come over all hurting.

Like I said, I have no problem with you praising PD's to the high heavens and that is regardless of the performance. I have no problem with you trashing TA in your experience and opinion. But when you make a challenge, then don't be surprised when someone takes you up on it. When you make great claims about your PD's and I ask for proof just like you have asked for TA proof so many, many times, well now the boot is in on the other foot. How about you proving PD's and I'll prove TA?

Nothing personal - just a bit of trading fun and everyone benefits. You want clients - I don't. I don't even want people to mentor. I just want to accept your challenge. But I'm not even going to give it my best shot: I'll let one of my students who is a complete newbie trade off against your amazing PD's.

 

[marketsurfer]

Quote from Xspurt:

Nr. I just want to accept your challenge. But I'm not even going to give it my best shot: I'll let one of my students who is a complete newbie trade off against your amazing PD's.

Ok, start your own student's journal with before the fact calls. You are only 12 years behind the "surf report" but with enough solid calls, maybe, I'll start to follow it. Feel free to link it here once its launched. surf

 

[Ol' Yella]

Huh?

I have no opinion on PD's....

but surf has been making regular before the fact calls in this journal for a couple of months

what more proof is needed?



I think it would be great if some TA-ers would do the same!