Just post the signals from the program------ using the program opens up the potential claims of "user error" or whatever.
A series of signals, before the fact, is all I need to determine if there may be some edge.
surf
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The Surf Report--part 2
- Thread starter marketsurfer
- Start date
Just post the signals from the program------ using the program opens up the potential claims of "user error" or whatever.
A series of signals, before the fact, is all I need to determine if there may be some edge.
surf
Quote from bwolinsky:
Every chart is a stair step pattern with little time in the market, low exposure, and consistency across all the markets. You don't need to see him post calls. You really only need to validate his program, and since I'll be getting a free trial, we can do that together, if you'd like. I plan on using it for crude or gold. I haven't decided which.
Does "validate the program" = test its signals, which should be 100% objective? If not, I see no point in Surf or anyone else "observing" the program. Again, I think a CTA should be more clear about these things.
For the record, I have no dog in the Prof vs. Surf fight. But I don't think Surf has made the same kind of outrageous claims about his trading success.
Quote from bwolinsky:
What's not objective? It is 100% objective. Watch it in real time.
I haven't seen any claims made by prof and only a downplaying of the extent to which surf uses TA is in question.
Claims versus what? I know prof has an excellent trading system, and if my charts and performance summaries aren't enough, well... there isn't much to say having been around econometrics and empirical analysis. I know what a model says it does, and what it does, so if it makes trades with positive expectancy there isn't much else you need to know to trade the method.
There's only a few charts that win 90+%, but even winning 60% with a ratio of average win to average loss of 4:1 is still pretty good.
Where are the performance summaries? Are they based on back-testing, real-time or both? Have they been verified by a third-party (not just you or Prof)?
Just post an attachment or link with the summaries, please. None of the stuff about getting self-actualized first. No charts or cherry-picked trade examples are necessary. Thanks.
This is tough here--- i am hanging onto the shorts as the underlying price drivers still point downward.
surf
surf
Quote from Spooz Top:
So you are once again leaving yourself exposed & open for the inevitable KO punch again with no stop?
No hard price stop, but I'll bail when the underlying drivers shift---OR max pain and I can't hang on any longer.
Only 7 points negative here and you guys are calling for blow up? Paitence is a virtue in trading.
surf
Quote from marketsurfer:
No hard price stop, but I'll bail when the underlying drivers shift---OR max pain and I can't hang on any longer.
Only 7 points negative here and you guys are calling for blow up? Paitence is a virtue in trading.
surf
i`m referring to your "previous" multiple blowups....not your current position,obviously.
& don`t be surprised if they walk it up to that 1250-60 zone.
Quote from Spooz Top:
i`m referring to your "previous" multiple blowups....not your current position,obviously.
& don`t be surprised if they walk it up to that 1250-60 zone.
4 points to break even. WIthout a radical shift in the price driver matrix, there is no way this market is going to 1250-60 in the next several weeks. It cant.
surf
No, this is just a short term, perhaps technically driven bounce--- the downward trajectory will resume. About B/E on the trade now. Price drivers remain exceedingly bearish --- the hammer may slam down shortly......When this happens, your technical models will melt before your eyes....