The Surf Report

[JimmyJam]

Quote from ecas:

i have been following the surfer for a number of years and he has been lucky for a long time. although i do question the timing of his new system. anyway, great trade marketsurfer. ride the wave.

ecas

Cosistently Lucky = Considerable Skillz

Me personally, while I don't want to have dinner with'em, am defintely taking notes.

Later,

JJ

 

[Pekelo]

Well, Surf nothing left but congratulating you! Dow is at 11181 for the record.

So when are you going to take those profits?

 

[marketsurfer]

i post under one name---marketsurfer. just to set the record straight, when i was banned for running a competing site--i used several aliases to continue posting on elite. it was obvious that it was i. there have been no aliases used since marketsurfer was reinstated. not sure what your paranoia is all about. your harassing PM messages have been forwarded to the appropriate parties.

surf

 

[marketsurfer]

Quote from Pekelo:

Well, Surf nothing left but congratulating you! Dow is at 11181 for the record.

So when are you going to take those profits?

thanks, pekelo!

i am holding here overnight once again.


surf

 

[marketsurfer]

Quote from JimmyJam:



Scary!

That's OK Surf, you keep knock'em back, while the clowns keep try'in to figure out how you do it!

Later,

JJ

thanks for all the support, JJ. not sure whats up with those clowns. they would love to see me fail.

surf

 

[Bitstream]

Quote from marketsurfer:

yes. you are correct. i realize that my system is often early, i counteract this by scaling into the trade. the issue i would have with your approach, is i really don't know how early the system triggers are--hence i take them being sized properly to allow for 2 -4 additional entries to smooth out the average price across time waiting for the expected directional move.

surf

yeah, but since u must have seen u always early why not wait for prices to go the way u predicted and then initiate and continue to add; sure it saves u not only money but also the pain of bein' underwater by a mile overnite. it is obvious that if u followed the trend [beginnin' of it that is] u'd have been rewarded much better.

 

[marketsurfer]

well, as you know, our long djia positon on was proven nicely correct today, resulting in substantial profits so far. our studies are indicating additional upside is in store for the next several days--- however, i will bail on any aggressive pullback to preserve profits.

best,

surf

 

[marketsurfer]

Quote from Bitstream:

yeah, but since u must have seen u always early why not wait for prices to go the way u predicted and then initiate and continue to add; sure it saves u not only money but also the pain of bein' underwater by a mile overnite. it is obvious that if u followed the trend [beginnin' of it that is] u'd have been rewarded much better.

i cant argue with that, bit. however, the only way to nail the turn is to get in early.

surf

 

[Bitstream]

Quote from marketsurfer:

i cant argue with that, bit. however, the only way to nail the turn is to get in early.

surf

what i meant is to initiate your pos a day after u get the signal...there's a pattern on your trades surf and a weak spot...u can expolit it.

 

[TradeViper]

Hey Surf, glad you are back in the green. Did you get a bite of any of the USD crosses tody? Or have you backed off of the FX for a while. That kind of momentum reminds me of trading intc back in the day.