The Surf Report

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Quote from JimmyJam:


A 7th grade student (or chimp) could definitely do better.

The ony thing around here that's meaningless is this journal.

JJ
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perhaps trying google would answer a few of your questions.

surf:D
 
Quote from ProfLogic:

You're on.

Post a Google Search of what you expect someone to find.
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Hahahahaha. the bully guru comes to help, tossing out another inane challenge--

the one who is afraid to make objective, verifiable calls on a third party service , throwing stones again.

really sad.

surf


ps. "bully guru"---- think i just got the pseudonym for the book, thanks!!
 
Quote from marketsurfer:

perhaps trying google would answer a few of your questions.

surf:D
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Google?

For what?

Come on Surf, all I'm asking for is a little accountability here, otheriwse, well, nobody but "traders" like candles and overtooled are going to believe you're actually trading. :D

Really now, it would go light years towards establishing your creditiblity. :p

JJ
 
Despite the heavy selling, price just won't drop.

Here's what I think is going to happen (currently Short, so I hope not, but this isn't a "sellers market").

JJ
 

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Quote from marketsurfer:
Hahahahaha. the bully guru comes to help, tossing out another inane challenge--
the one who is afraid to make objective, verifiable calls on a third party service , throwing stones again.
really sad.
surf
ps. "bully guru"---- think i just got the pseudonym for the book, thanks!!
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So now when you, the Paper Trading King, gets questioned, you proclaim you are being bullied. You're amazing.

Tracy asked you a question too, was he bullying you as well?
Anytime you want to trade with REAL MONEY, you're on, until then go play with the other wannabes.
 
Quote from marketsurfer:

...NO, the lack of tight stops certainly does not portend to reflect a belief in infallibility. however, it does indicate a certain confidence borne from time spent doing such things. remember, these trades are positioned sized properly to ride the swings-- that is the key to be able to stay in the trade, not fixed stops then paying the vig to get back in. the vig will kill you in this game--i learned this a long time ago.
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If you reread my earlier post, you will see that I was not specifically proposing or suggesting "tight" stops. Rather, I was just questioning the utility of very wide, yawning ones.

True, the matter of vigorish is not to be dismissed. However, I don't think this argument has very much application to your style of trading. The vig for electronically traded indexes is fairly nominal (commission plus spread), and I would think it is principally a consideration for frequent flyers who go in and out all day. For such traders, it becomes a significant cost of doing business. For you, on the other hand, commission plus spread is inconsequential when compared to a position that you allow to go upwards of 200 points against you. Of course, you should trade as you please, and you owe no one any explanation in this regard. However, to the extent that we are exchanging views, I do not believe that the vig is a valid argument supporting your style of trading. The answer to one extreme is not necessarily the other extreme.
 
Quote from Thunderdog:

If you reread my earlier post, you will see that I was not specifically proposing or suggesting "tight" stops. Rather, I was just questioning the utility of very wide, yawning ones.

True, the matter of vigorish is not to be dismissed. However, I don't think this argument has very much application to your style of trading. The vig for electronically traded indexes is fairly nominal (commission plus spread), and I would think it is principally a consideration for frequent flyers who go in and out all day. For such traders, it becomes a significant cost of doing business. For you, on the other hand, commission plus spread is inconsequential when compared to a position that you allow to go upwards of 200 points against you. Of course, you should trade as you please, and you owe no one any explanation in this regard. However, to the extent that we are exchanging views, I do not believe that the vig is a valid argument supporting your style of trading. The answer to one extreme is not necessarily the other extreme.
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good points, tdog. yes, i make mistakes. i really can't argue with you, stops and my intuitive exits are very personal things. you can see this going WAY BACK to my master interview with innerworth in 2002. yes, sometimes, they don't make objective sense--but in the overall picture they makes sense to me.

surf
 
Quote from marketsurfer:

good points, tdog. yes, i make mistakes. i really can't argue with you, stops and my intuitive exits are very personal things. you can see this going WAY BACK to my master interview with innerworth in 2002. yes, sometimes, they don't make objective sense--but in the overall picture they makes sense to me.

surf
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you tell'em dawg, if they makes sense to you, then they is good. :D

I feel you and I'm behind you 101% on this part of the arguement.

JJ
 
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