I'm not quite certain I follow. Just to clarify, surfer posted his long exit at 9:47 EST @ 13480. At that time, the RTH high for the September contract was 13399, reached at 9:33 EST. At that time, the high reached by the December contract was 13498, reached at 9:32 EST. A difference of 101 points. Clearly, surfer was using the December contract price to "exit" his September long. It wasn't a typo, it was a charto. Which renders surfer a fraudo.
The Surf Report
- Thread starter marketsurfer
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Magna,
It is being pounded home again and again because surfer does not own up to it. If you start deleting posts here, you will effectively be showing support where it does not belong and letting surfer get away with his homespun BS. If he admitted to his bullshit, then there would be no need to continue. That is not the case. Please don't make the mistake of robbing potential newcomers of potentially important information, as each new batch looks for a guru to latch on to. Let them see marketsurfer exactly for what he is. Let them see how others regard him and how he relentlessly tries to duck from the responsibility of his own lies. He started it. Let it take its natural course. If someone's post is gratuitously critical, then perhaps it is not necessary. However, if it is in response to marketsurfer's lame attempts to skirt the issue, then please let it stand. You owe it to ET's membership. Don't fight his battles for him by deleting valid posts, however derogatory they may be.
I only trade ES, but keep ym on my screen. I was just looking at my continous YM and there is a 200 point difference right now between december and continous. Earlier in the day during trading hours the continuous contract was trading the same as September. Tonight the continous is lower than september and december.
I agree, so let's change the topic slightly and add one more interesting tidbit to the puzzle:
For some strange reasons I actually like Surf (with all the female impersonations and such) and if somebody followed my posts in this thread knows that I am trying to help him.
So I advised him more than once to switch to ES, because right now the ES is 10-20% more volatile than the YM, thus if one is profitable trading the YM (positiontrades!) than he would be 10+% MORE profitable trading the ES. One still can use the Dow or YM for signals, but the actual trading would take place in ES. I know, the ER is even more volatile, but there are liquidity and slippage issues there, and the ES doesn't have such issues!
So let's ask yourself: If you are a profitable trader trading real money and somebody shows you how a little change could make you even more money, wouldn't you make that change? I understand that people have their preferences but:
After all, are we in this business for making money or for posting trades?
P.S.: Holygrail, give it up, there was NEVER 200 pts difference, you are mistaken...
Oh surfer, looks like you've reached a new low here. What a sorry excuse for a post!
Good work Thunderdog. Unfortunately for surfer, holes are being punched in his fantasy trading on a daily basis lately. Every day it's some new crap. That's why this "report" scores high in entertainment value.
And when surfer utters "you're jealous" or the like, you know you got him!!
Apples and oranges. As HG noted, he does not trade YM. Therefore, he made an inadvertent error as he glanced at the numbers of a market in which he does not trade. On the other hand, marketsurfer "trades" YM. He was not merely glancing and making an erroneous observation. Rather, he was supposedly EXITING AN EXISTING TRADE. You can't get away with making an error of that magnitude when you are supposedly in that market at that time. You don't just glance at the market you ARE trading, especially when you are either entering or exiting.Quote from Pekelo:
I will modestly acknowledge my correctness.
Now, could that be that the same way YOU made a mistake, Surf made a mistake too?
P.S.: As I mentioned, I have my own doubts based on other evidence...(I seriously don't believe the existence of the quant, Mr. Watson!)
Mr. Holmes
No, this was not a convenient and remarkably coincidental typo. But it was a mistake, wasn't it, marketsurfer?
A book suggestion. How refreshing. After your rather suggestive name calling in your previous post to me, you had me worried that I might be receiving a wrist corsage in the mail.
If you would kindly allow me to return the favor, I think you will find that this book was written about you:
http://www.amazon.com/Bullshit-Harr...8448867?ie=UTF8&s=books&qid=1189734431&sr=8-1
You're welcome.
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