The Surf Report

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Quote from marketsurfer:

we are on the same page here, prop is the only way to go if you don't have substantial capital. thanks for the well wishes!

surf



I agree to an extent. One could also trade futures but that is a whole different ballgame that most can't handle. It's a numbers game and people just don't seem to get that in order to get the returns for a decent living, you either have to take large risks, or you have to use extreme leverage because over the long term you are not going to generate above average returns year after year. Good luck surf. The number one rule of trading is to live to trade another day.
 
Quote from volente_00:

I agree to an extent. One could also trade futures but that is a whole different ballgame that most can't handle. It's a numbers game and people just don't seem to get that in order to get the returns for a decent living, you either have to take large risks, or you have to use extreme leverage because over the long term you are not going to generate above average returns year after year. Good luck surf. The number one rule of trading is to live to trade another day.


thanks, volente. best wishes to you!

surf
 
On a positive note here, CROX is at a critical juncture.....a hold of the 54 level is so important for the longs. If it gets taken out, next stop is probably 50 or so.

Surf's still short, right ?
 
Quote from syswizard:

On a positive note here, CROX is at a critical juncture.....a hold of the 54 level is so important for the longs. If it gets taken out, next stop is probably 50 or so.

Surf's still short, right ?


yes, still short CROX.

thanks!

surf
 
Surf, take those old channels you used to have and add a breakout system to your toolset. In the midst of figuring out how I'm going to add one myself -and hindsight here look at how price reacted even to pivots or EMA's that fed day - even better two days before Fed. July, August, September, all would have given one FAT trade per month. - And we don't have to call it 'trend' if that is still a bad word.

(Apologies if you have discussed multiple strategies before.)
 
Quote from satchel:

Surf, take those old channels you used to have and add a breakout system to your toolset. In the midst of figuring out how I'm going to add one myself -and hindsight here look at how price reacted even to pivots or EMA's that fed day - even better two days before Fed. July, August, September, all would have given one FAT trade per month. - And we don't have to call it 'trend' if that is still a bad word.

(Apologies if you have discussed multiple strategies before.)

concur. planning on coming back with revised tactics and strategy. thanks for the encouragement!

surf
 
sorry to hear. unfortunately when you roll the dice sometimes you get burned. you could have possibly made some money?.. their is always next time.. holding a position before a fed move is just asking to get raped..... no offence, i like my money to much, nothing more than greed for those that get hurt, just the hard cold facts. have to take the good with the bad, but done by your own hands, as a experienced trader , you know the danger.. hopefully you will trade differently if you don't like the pain of losing money in the future, happens to the best of us.
 
Happy Birthday Surf!

I made you a pie but had a bit of an accident with it. I'll have to make it up to you but until then you can have whatever is left of it.


…all the best

PS. Hey!
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Quote from annaland:

Happy Birthday Surf!

I made you a pie but had a bit of an accident with it. I'll have to make it up to you but until then you can have whatever is left of it.


…all the best

PS. Hey!


Hi,

Thanks for the b-day wishes, looking forward to your cake on tuesday!!

very warmly,
surf

ps. classic classic song, by the way--good to see someone is still writing great material.
 
ok, taking some additional heat in CROX today. continuing to hold thru this little surge---im throwing in the towell on this one if/when it HITS 63.10--

there is a clear neosurf channel on the DJIA YM contract here 13903--13797--short below, long above per guidelines.

surf
 
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