I wouldn`t trust surf with a dime,with his PD,to be honest.Again,i`m not an ill-wisher of any sort,but he`d still have to reassess his model until the market reassess` it for him.
Surf's Special Situation Journal
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Without going into any details,here`s an example on how i aim for 10+bucks in Gold.Let`s say,i`m 'biased' to think it would go lower,so i`ll keep adding into the position until the 1616 level and if goes beyond that level i bail out.If it goes in my favor,after filling the rest 5 orders,i`ll make 10+ bucks on that trade,or even more.If i lose,i lose 5-6 bucks on that trade.So the ratio is more then 2:1.
The second, the third and the fourth orders are filled,the ave price is now @ 1609,3.
this is exactly the precise thinking the causes losing traders to help propel markets higher and higher
Quote from cornix:
Yea, it's amazing how people tend to fight the trend instead of just going with the flow. Zen state in trading is rare.
The irony of it all is that if surf only took signals in the direction of the trend then they would most likely work even better....why?..because when a "true tradable" trend is in place and gets going....nothing..and I mean nothing **exaggerrating a bit**...can stop it....it is PREORDAINED....(there is something else which pushes trends that is likely related to physics and that has not yet been figured out by the academics )...so if you just blindly closed your eyes and took a trade then it would also work
Exhibit A...surf's 600 point winner with the trend which he attributes to his Price Driver signal but I attribute instead to trading along with the trend in which any random signal would have also worked :eek:
I'm just waiting for his post where he (again) says that he should have just stuck with his original long which he'll say the price drivers nailed. Coulda, woulda, shoulda 
Quote from cornix:
Yup. Could just follow the trend and win consistently without anything else. But people find that too easy apparently.
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