Surf's Special Situation Journal

marketsurfer · Mar 12, 2013

Quote from cornix:

What do you mean by flat with losses?

The position is completely closed out ( Flat ) at a loss.

surf

marketsurfer · Mar 12, 2013

Im out, done with the SHORTS in the YM-- closed at 14404 at a loss.

Completely flat--- bye

cornix · Mar 12, 2013

Quote from marketsurfer:

The position is completely closed out ( Flat ) at a loss.

surf

Ah, right. Sorry, confused "flat" with break-even somehow in my mind... clear now.

cornix · Mar 12, 2013

Surf, no need to be sorry. Controlled, normal losses are a good thing, they protect you from bad, catastrophic losses. If taking a loss where you did was part of your system, don't be sorry, give yourself credit for doing everything right.

R. Raskolnikov · Mar 12, 2013

Sorry man, happens sometimes.

Quote from marketsurfer:

Im out, done with the SHORTS in the YM-- closed at 14404 at a loss.

Completely flat--- bye

Eyez · Mar 12, 2013

Quote from marketsurfer:

I'm done with the CL OIL short-- closing at 93.29 FLAT with losses.

Should have declared a stop, $dol or tick, instead of getting flat when its pounding at you on new highs and you become catatonic.

Nothing is perfect.

hard kore · Mar 12, 2013

Surf's price drivers don't have stops.
the reality of self flagellation kicks in and you have to stop the pain.

cornix · Mar 12, 2013

Market started to sell off. Surf may be fundamentally right.

Eyez · Mar 12, 2013

Quote from cornix:

Market started to sell off. Surf may be fundamentally right.

As someone wise once told me; "it's not about being right, it's about money."

cornix · Mar 12, 2013

Quote from Eyez:

As someone wise once told me; "it's not about being right, it's about money."

Yep. Timing does matter.