Quote from steve46:
I realize Marketsurfer that you are a little pissed, seeing your failed trade take off in your direction this morning. As is common for amateurs and retail, you had no clue as to the level of market imbalance. You are what we call a "weak hand", and when people offer to help you, you have no interest.
Quote from JSL_Capital:
I haven't really followed Marketsurfer's calls but in this particular instance, his trade could have turned out to be great - it's just that shorting YM over other indices like ES turned sour mostly because of 1 stock. Hope we realize any of us can be the "weak hand" at any moment - Marketsurfer's (what I discern to be) mean reversion tactics on YM would've worked great for many years until last fall but obviously the market is behaving differently currently and any decent traders can go through some funk when conditions change. While each of us can go through a decent streak and even be consistently profitable, I find that being openly supercilious toward a hardened trader who's survived the market for many years somewhat unwarranted any way I look at it.
Regards,
Quote from Mvic:
Chin up surf, plenty of 07 left and as you know it only takes a couple of good trades to make a great year. I can empathize as the last few weeks have not be good ones for my positions either though will hang in there with them for the rest of this week at least.
Quote from TMcKenna:
LOL, No I am not TM, not even close, I think he was one brilliant dude, enjoyed reading his stuff and even more listening to him in several interviews.