The Surf Report--part 2

[eudaemon]

Quote from marketsurfer:

No

Thanks. I'll stay long some then.

 

[Fireplace]

I'd be a little testy too if I was holding the position you are. Although my risk mgmt parameters would have never let it get to this.

Quote from marketsurfer:

Look out folks, it's another "secret pattern" proponent I thought those guys died out in the 1980's.
There is nothing whatsoever new, enlightening nor even clever in these claims Discipline, patience, no bias. You must think everyone just fell off the turnip truck. The secret pattern, I can tell, its terms---

Did you graduate from the school of guru platitudes? Or did you just decide to pretend after attending a WizeTrade seminar?

I couldn't write this stuff if I tried, the "I can tell,,,,," comments take the cake as the ultimate in hubris and chef ego.

Go help your flock on another thread--- you are not wanted here.

 

[EPrado]

Quote from marketsurfer:

The difference is Prado, although I often disagree with you, you are a known entity in the business -- I know people who know you therefore you have credibility as a real person and trader. Not to mention you don't make crazy claims about accuracy.

This fireplace and his fear of giving up recipes ( just like the chef, Hmmmm) and avoiding providing sone evidence instead of regurgitated platitudes -- is quite telling.

Posting a series of his "highly accurate" market calls ( remember he claims this ability) is not asking for a recipe, just for a sliver of evidence of support for the claims.

Surf

I know one person that you know who probably doesn't have anything nice to say about me

 

[marketsurfer]

Quote from EPrado:

I know one person that you know who probably doesn't have anything nice to say about me

It may be more than one--- But that's ok. in the jungle look out for the ones who want to "help" you, the ones who hate you are much more transparent.

Surf

 

[EPrado]

Quote from marketsurfer:

It may be more than one--- But that's ok. in the jungle look out for the ones who want to "help" you, the ones who hate you are much more transparent.

Surf

Oh I don't doubt there isnt more than one. But it takes a lot to get on my bad side. This person was/is so annoying he did. Trust me....the feelings about him were felt by a majority of the guys in that office.

 

[shortie]

Quote from marketsurfer:

I definitely married up!

Quote from shortie:

Great deal!

does it mean you will be doubling your Short position size very soon?

 

[kinggyppo]

Quote from EPrado:

I have been telling friends and family who ask me "what do you think about the stock market", to stay the hell out. There is so much bad news out there that at some point has to be addressed. But...as a trader who follows price action, I won't let my "opinion" get int he way of taking long trades.

Over the years I have gotten clobbered trading off of what "I think" was going to happen based on things other than price action. Took me long enough...but I finally stopped doing it.


The saying "The market can stay irrational a lot longer than you can stay solvent" is 10000% true.

so fu&*in true!! opinions are the enemy, I know nothing.

 

[marketsurfer]

Folks,

We are holding the shorts.... Although the entry was weak and not sticking to the averaging in rules, I remain confident for now this will pan out with profits. Proper position sizing permits th extended adverse excursion however it's not enjoyable and the trade remains a mistake so far ---

A quick glance at the 15 min chart shows a platuing potential topping some technicians would say. One of my closest friends, a diehard TA guy says daily high iN at 1343.50. n---But I pay that stuff little mind!

Holding upside down

Surf

 

[marketsurfer]

Quote from Gabfly1:

Yet you mention that stuff and are evidently aligning your trades by it for all intents and purposes. But then, what is a little mind to do?

Once I am in a position, I'll call around to a few associates who believe in such things just to get an opinion or two particularly when I'm getting stretched the wrong way...... Heck, arch Crawford direct contact info is in my iPhone. Doesn't mean I pay what they say any mind or use such things as entry tools.

 

[Lights]

unless involved in a trade with a set expiration, there is no such thing as right or wrong in the market because holding period is never constant.. there is only make or lose when you decide to close ur position. having said that, 2 traders can take the same exact trade and lot size and have 2 totally different outcomes.

Quote from marketsurfer:



Once I am in a position, I'll call around to a few associates who believe in such things just to get an opinion or two particularly when I'm getting stretched the wrong way...... Heck, arch Crawford direct contact info is in my iPhone. Doesn't mean I pay what they say any mind or use such things as entry tools.