The Surf Report--part 2

Quote from improvingstops2:

What a pack of whingers you guys are.

Surf hasn't been perfect with his timing-he's wrong on that issue, but he's made a series of good trades and seems to be in profit yet again. For his style of trading, he's doing a good job.

Hope you have a good profit on this trade!
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Thanks. I'll be the first to admit that my timing is not exact-- I am more comfortable in the macroanalysis world-- but trading forces pinpoint entries----hence the style of averaging in to create a wider entry zone when my analysis says GO.

regards,

surf
 
Quote from marketsurfer:

...@gabfly--- I fail to see how these trades are "hedged" as you claim earlier--- the market will drop short term then launch into one of the final superbulls of the next 50 years-- prior to all going silent/flat for numerous years. Is that clear enough for you?
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Absolutely. Let's be sure to bookmark it for posterity.
 
Quote from marketsurfer:

Will be maintaining shorts over the weekend in the SP500 es. Things appear to be setting up perfectly for the lucifuge style short term decent ( THAT MUST OCCUR ) prior to the superbull activation.

@gabfly--- I fail to see how these trades are "hedged" as you claim earlier--- the market will drop short term then launch into one of the final superbulls of the next 50 years-- prior to all going silent/flat for numerous years. Is that clear enough for you?

@eprado--- I agree, your long post is excellent for the most part. Yeah, I do get overconfident sometimes, but it would be brutal playing this game without an ego/confidence in positions/self. Other than the last, and only losing trade since the journal started, small position sizes allow for wide swings. I don't trade to grind out a living, I try to ride the big big waves.

enjoy the weekend,

surf
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Ego and confidence are very different things amigo.

I hear ya on the big waves. But why stand in front and get rolled by a big wave coming straight at you ? Why not let that wave pass, jump on, and ride it to profit beach?

Have a good weekend, I hope they destroy this market for ya.
 
Quote from Gabfly1:

Absolutely. Let's be sure to bookmark it for posterity.
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I heard a rumour that Dr. N may be needing a diploma baring professional to assist with organizing his 30k plus book collection. I'll be happy to put you on the list as potential candidate for the position ---- books dating back to the 1700's and other interesting finds. free daily squash and tennis included. Let me know.

surf:D:p
 
Quote from EPrado:

I hear ya on the big waves. But why stand in front and get rolled by a big wave coming straight at you ?
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Spot on. George Soros on Niederhoffer and surfing small ripples and big waves:

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Quote from veritas007:

Surf, are you still holding short? The market is going up again.
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Yes, will continue to hold untill the time is right to close. Will do my best to post exit levels before the fact. Stay short. Thanks. Surf
 
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