The Surf Report--part 2

just follow the surf report for guidance on market direction

price action traders are several steps behind since price is the result not the cause.

surf
 
Quote from Gabfly1:

Seeing into the future must be really cool.
More...


its not literally seeing into the future-- its seeing the drivers of price prior to price changing-- although the surf report may seem like magic to you-- i assure you, it isn't.

once you move out of theory of the books, you will understand the surf report.

surf
 
SURF ALERT SURF ALERT SURF ALERT

word up--- get ready for a bear market bounce--- short term change is here


Take PROFITS here from the short 1277.50

our system captured another 27.50 points


Our bearish stance remains in complete effect--- will reshort soon

flat for now

surf
 
Surf keeps taking all the "wrong" trades with "delusional" leverage and "horrible" trade management. And keeps scoring! :D


is there such a thing as "wrong" in trading?
 
Quote from shortie:

Surf keeps taking all the "wrong" trades with "delusional" leverage and "horrible" trade management. And keeps scoring! :D


is there such a thing as "wrong" in trading?
More...

14:56:47 1280.25 2
14:56:47 1280.25 4


long here for the day only---


if you make money, there is no wrong.... in trading
 
You know what's funny, you trash "fixed system traders" as getting chopped up, but yet you have made 3 market calls in the last 30 min or so while there has been no volatility for the last 3 hours.

Keep trashing the price action traders Surf. The difference is, price action guys make money letting the market tell them which way to trade, while people like yourself who try and predict moves based on things like In Trade....well...are scratch traders at best. Sorry amigo...but it's the truth. You really have no edge, while price action guys have a huge edge.

On a side note Dunn is up 20% in July. Let's have a discussion on how TF's should give up....:D
 
Quote from shortie:

Surf keeps taking all the "wrong" trades with "delusional" leverage and "horrible" trade management. And keeps scoring! :D


is there such a thing as "wrong" in trading?
More...

Basically he has been very lucky, so yes....doing the wrong thing can result in profits....based on luck. But in the long run, people who trade like this don't last. Over time, if you put on all of the trades in here you will be scratch at best. There is no edge trading like this. Add in the fact that he over leveraged his account to come close to blowing out,well.......you know where that is going to lead....
 
Quote from marketsurfer:

our system captured another 27.50 points
More...

Since I didn't get the raise, it is summer time and I am lazy too, let's just say the Journal is up a gazillion points.... :)

P.S.: Actually, it is around 172 pts per unit, because what he didn't make compared to my 1300 stop loss calculation was made up(and a bit more) with this trade.
 
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