Surf's Special Situation Journal

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Quote from marketsurfer:

While barely beating the market and making their broker rich in the process? No thank you.

Why "beat" the market? It's destructive language, leads to losses eventually, because you can't "beat" the market, it's much stronger than any trader or even single fund.

Your nick name suits the constructive mindset much better. :)
 
Surf makes a valid point that lots of little trades typically do not outperform a few "big" ones where you catch the main movements of The Market, using the leaders.

Or as "old turkey" once said, when answering why he did not sell every rip and rebuy the reactionz: "It's a bull market... I could lose my position, and then where would I be?"

:D
 
Quote from Wide Tailz:

Surf makes a valid point that lots of little trades typically do not outperform a few "big" ones where you catch the main movements of The Market, using the leaders.

Or as "old turkey" once said, when answering why he did not sell every rip and rebuy the reactionz: "It's a bull market... I could lose my position, and then where would I be?"

:D

Applicable if one really does catch those big trades. In other words consistent in general.

Personally I pretty much suck at swing trading, but small day trades produce double digit return almost every month, so can't complain. :D
 
Quote from cornix:

Why "beat" the market? It's destructive language, leads to losses eventually, because you can't "beat" the market, it's much stronger than any trader or even single fund.

Your nick name suits the constructive mindset much better. :)

This is a language issue. Beating the market in trading parlance means to outperform the returns generated by buy and holding a broad index. It does not mean-- beat or hit the market with a stick or club.

surf
 
Quote from Wide Tailz:

Surf makes a valid point that lots of little trades typically do not outperform a few "big" ones where you catch the main movements of The Market, using the leaders.

Or as "old turkey" once said, when answering why he did not sell every rip and rebuy the reactionz: "It's a bull market... I could lose my position, and then where would I be?"

:D
LOL! Yes, well said.

surf:)
 
Quote from marketsurfer:

This is a language issue. Beating the market in trading parlance means to outperform the returns generated by buy and holding a broad index. It does not mean-- beat or hit the market with a stick or club.

surf

Yes of course, but subliminally it programs one for a struggle, competition with the market. Not a good position for a trader, hence the market is so much stronger and is beyond our control almost completely.

I would suggest using constructive terms when talking about trading. It may be surprising for people how such a simple shift in expression may actually change their thinking and eventually results.
 
Quote from R. Raskolnikov:

Ballsy claim, considering you have no real basis to make it.

Let's talk about something you have expertise in-- Food.

Planning on little italy saturday night--- what would be your advice for a mid range place? In addition, what's the latest on burger places I should know about?

surf
 
Quote from oraclewizard77:

Demo accounts don't have commissions.

I guess he's going to pretend not to have seen that question.

Quote from Wide Tailz:

Surf makes a valid point that lots of little trades typically do not outperform a few "big" ones where you catch the main movements of The Market, using the leaders.

Oh yeah, but his statement was more an implication that everyone not following his PD's is a losing scalper. Which is not true.
 
Quote from Lucrum:

I guess he's going to pretend not to have seen that question.

Oh yeah, but his statement was more an implication that everyone not following his PD's is a losing scalper. Which is not true.

Why would I respond to a rouge moderator attacking members of this site? That guy needs his badge taken away rather than a response.

surf
 
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