thanks. yeah, been beaten down in market and otherwise since nice win in feb of this year. still alive.......
surf
The Surf Report
- Thread starter marketsurfer
- Start date
- Status
thanks. yeah, been beaten down in market and otherwise since nice win in feb of this year. still alive.......
surf
Quote from marketsurfer:
whipsaw city---- presently long from 13613--stops 13593---fingers crossed---3rd entry attempt. will allow 5 prior to throwing in the towell on the channel.
perhaps the "not trading when in emotional turmoil" axiom applys even to systematic entry trading.....cause i just aint winning lately. what's your opinion annaland??
surf
I think the main problem is that your system isnât (well) adjusted to the current (trending) and relatively low volatility markets. In a sideways market, youâd be catching tops/bottoms and your trading would be more consistent. The markets wonât always grow the way they have been â something will give and youâll be able to accurately forecast a top. But until then, if I am correct and your system is lacking, youâre going to be erroneously trading regardless of emotions and other externalities because your program isnât made for trending markets.
⦠but this emotional turmoil you speak of, perhaps I know the perfect solution
:eek:My point is that when in doubt stay out of the trade. Hope is no basis for a trade. This looks like revenge trading to me (something I am too familiar with). My suggestion would be to take a few days off, have some fun a try and divest yourself of the baggage of your trading record thus far this year. Then come at the market fresh with no preconceptions and without any losses to make up just to start making money again. Maybe you will see the same scenario you are seeing now but quite possibly you will not. Worst case scenario you will get a few extra days of vacation this year.
Of course now that I have written that the trade will be a stunning success
, nevertheless you know what I am talking about.
Of course now that I have written that the trade will be a stunning success
, nevertheless you know what I am talking about.Quote from Mvic:
My point is that when in doubt stay out of the trade. Hope is no basis for a trade. This looks like revenge trading to me (something I am too familiar with). My suggestion would be to take a few days off, have some fun a try and divest yourself of the baggage of your trading record thus far this year. Then come at the market fresh with no preconceptions and without any losses to make up just to start making money again. Maybe you will see the same scenario you are seeing now but quite possibly you will not. Worst case scenario you will get a few extra days of vacation this year.
Of course now that I have written that the trade will be a stunning success
thanks,mvic. good points, no argument here, we'll see what happens.
have a great evening!
surf
Quote from marketsurfer:
whipsaw city---- presently long from 13613--stops 13593---fingers crossed---3rd entry attempt. will allow 5 prior to throwing in the towell on the channel.
perhaps the "not trading when in emotional turmoil" axiom applys even to systematic entry trading.....cause i just aint winning lately. what's your opinion annaland??
surf
I like that. When in doubt, you try to get in touch with your feminine side.....
Yeah, another great nothing post. You SEE bullish divergence? You don't see shit...As usual you havent got the faintest idea of what you are talking about...
You and Marketsurfer are one helluva team. He apparently is going to make a career out of getting his ass kicked on a daily basis and you provide the "ass backwards" recommendations and your best "court jester" routine to help him keep his spirits up.....
Neither of you could find your own asses even if you used both hands..
By all means don't change a thing. Nothing and I mean nothing could rival the fantastic entertainment you both provide.
Best Regards
Steve
P.S.
By the way, have I "PM'd" you lately to ask or beg for help?
If so, please do post those pm's...I can't wait to see them. Apparently I am always pm'ing the guy for his very valuable advice on using the Fisher Transform.
I can wait to see what that valuable advise was. I am sure you are a real expert on the subject....
Can't wait.
- Status