Surf's Special Situation Journal

atticus · Mar 11, 2013

Quote from marketsurfer:

90.18 is average short for CL, 14294 is average price for short YM--

Yeah, doesn't look like sell off is going to happen by EOD--- the call may be off by one or two sessions. Good thing I position size properly to manage the drawdown here. Staying short. surf

Yeah, Surf. It looks as though your avg is 91.82.

Eyez · Mar 11, 2013

Quote from atticus:

Yeah, Surf. It looks as though your avg is 91.82.

How is an avg of 91.82 possible on 3 lots?

"
Adding 3rd contract to CLshort at 90.45

Adding one more CL contract short at 90.17

we are short CL @ 89.92
"

looks like 9018 to me

TheMagican · Mar 11, 2013

Quote from Eyez:

How is an avg of 91.82 possible on 3 lots?

"
Adding 3rd contract to CLshort at 90.45

Adding one more CL contract short at 90.17

we are short CL @ 89.92
"

looks like 9018 to me

LOL!

TheMagican · Mar 11, 2013

Quote from Eyez:

How is an avg of 91.82 possible on 3 lots?

"
Adding 3rd contract to CLshort at 90.45

Adding one more CL contract short at 90.17

we are short CL @ 89.92
"

looks like 9018 to me

It is similar to when you reset your simulator everyday.LOL!

atticus · Mar 11, 2013

Quote from Eyez:

How is an avg of 91.82 possible on 3 lots?

"
Adding 3rd contract to CLshort at 90.45

Adding one more CL contract short at 90.17

we are short CL @ 89.92
"

looks like 9018 to me

rounding!

Lucrum · Mar 11, 2013

Quote from marketsurfer:

No, they provide bearish, bullish bias on the day....

They certainly didn't today.

hard kore · Mar 11, 2013

Quote from TheMagican:

i see ET as a demo paradise........

some threads are better at it than others

marketsurfer · Mar 11, 2013

This cracks me up-- i don't post every little nip and tuck of every position when averaging into it. 90.18 is the break even level of the CL short, 14294 is b/e for the YM short. Obviously, I am not happy with this situation, but must stick with the PD system here and maintain short positions-- when it happens, it may very fast, too fast for the charties and other herd types. I'm committed for now... surf

marketsurfer · Mar 11, 2013

Quote from hard kore:

why not try " being late " on the entries and in the direction of the " supposed price driver " trend.

whacking your head against the prevailing trend wall has got to be painful.

what a diff. that would make on this thread..........

PD anticipates moves, it does not react to them. It is NEVER late, but often early. surf

blazerboy30 · Mar 11, 2013

Quote from marketsurfer:

No, they provide bearish, bullish bias on the day. they predict what is most likely to happen not exactly when.

I have a system that predicts the S&P is most likely to be higher at some point in the next 20 years.