hanging on every tic, aye stevie lefty. whether one is wrong or right has to do with capitalization, time frame, strategy and goals. you are totally wrong with your statement.
surfer
The Surf Report
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hanging on every tic, aye stevie lefty. whether one is wrong or right has to do with capitalization, time frame, strategy and goals. you are totally wrong with your statement.
surfer
for a tough guy, you are pretty sensitive, i see.
i was not refering to your market call, or trade--if you made money today--congrats!
let me spell it out.... one can hold longer than one day, be down on the trade and still be a trader, not an investor. this is what your wrong about.
surf
You can hold as long as you want honey, but at some point the money runs out.
Thats not trading.
Thats hoping you are going to be right, when you have no clue
If thats where you stand, why the hell does anyone need to hear the Surf Report?
I can flip a coin and get a similar result.
Steve
edit:
Let me offer you the unleaded gas report for your car. I forecast that your car is going to run out of gas on Thursday at 4pm
I may be early, so don't hold me to it.
Thats not trading.
Thats hoping you are going to be right, when you have no clue
If thats where you stand, why the hell does anyone need to hear the Surf Report?
I can flip a coin and get a similar result.
Steve
edit:
Let me offer you the unleaded gas report for your car. I forecast that your car is going to run out of gas on Thursday at 4pm
I may be early, so don't hold me to it.
I'm with you, I'm a trader so I want to make money today, tomorrow, and every day. All I care about is my MTM P&L today, the longest I want to wait for a profit is a few days.
However, you can't argue that surfer has made some pretty good trades. He nailed the GOOG short, he's nailed some good trades in the dow, in fact the only really bad trade was his EC/USD trade which wiped out his year. It happens, and as PTJ would say, "at least he had it to give back."
Knowing that surfer is often early, is powerful information, use it to your advantage. This was my game plan, I covered 1/3 of my position for 6 points, I'll put a break even stop on the remaining, and if we break lower, I will add to my short. Let's see what the market has in store for us tomorrow.
However, you can't argue that surfer has made some pretty good trades. He nailed the GOOG short, he's nailed some good trades in the dow, in fact the only really bad trade was his EC/USD trade which wiped out his year. It happens, and as PTJ would say, "at least he had it to give back."
Knowing that surfer is often early, is powerful information, use it to your advantage. This was my game plan, I covered 1/3 of my position for 6 points, I'll put a break even stop on the remaining, and if we break lower, I will add to my short. Let's see what the market has in store for us tomorrow.
Sure Mike:
I see what you are saying. Your in the game everyday. What I tend to like to do is to see the larger picture and then adjust to the daily action as price tests specific price points.
As I have said before you have to have a context that offers some psychological stability and a way to operate as the dynamics of the market work out in front of you.
Frankly I don't see any evidence of that in surfbunny's "report".
steve
I see what you are saying. Your in the game everyday. What I tend to like to do is to see the larger picture and then adjust to the daily action as price tests specific price points.
As I have said before you have to have a context that offers some psychological stability and a way to operate as the dynamics of the market work out in front of you.
Frankly I don't see any evidence of that in surfbunny's "report".
steve
thanks for the kind words, mike.
nice trading! you probably have some of my capital sloshing around in your account now!
surf
Yeah, I noticed the first part of the quote quite some time ago myself, and it's hard to not use that "inside info" as a factor in my trades, but I'd rather just trade my setups as they are, thanks though
!... and for the latter, so long as yesterday's support holds (I think it will) the Bulls are going to be the one's who "close the club".
We'll see.
JJ
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