The Surf Report

Status
Not open for further replies.
Quote from marketsurfer:

"shorts abandoned, looking for long entry"

is that double speak of some kind? anyone can say anything after the fact, your post doesn't support what your saying here.

the language game doesn't cut it on the surf report. save it for the lazy farmers schemers and fast money dreamers.

surf:confused:
More...

If you are short and abandon (exit) your trade then profit is taken. See if you actually traded real money this would make more sense. I'm currently flat, that means I'm not in this market and I'm waiting on a place to enter.

Didn't have a problem understanding the rest of it. Selective posting is very becoming of you. It should put your upcoming book of fictitious trading right up there on the best seller list.

And the surf report then becomes for orphan socialite wannabe traders then huh.
 
Quote from ProfLogic:

If you are short and abandon (exit) your trade then profit is taken. See if you actually traded real money this would make more sense. I'm currently flat, that means I'm not in this market and I'm waiting on a place to enter.

Didn't have a problem understanding the rest of it. Selective posting is very becoming of you. It should put your upcoming book of fictitious trading right up there on the best seller list.

And the surf report then becomes for orphan socialite wannabe traders then huh.
More...


ok, i'll take your word for it. seems odd to me, but im sure everyone else can follow along.

your post is written in such a way that it can be interpreted as being correct regardless of what happens.

best wishes,

surf
 
Quote from ProfLogic:

My shorts in Crude were abandoned with profit. I'm only concerned with consistent profitability. Pigs go to slaughter . . . & blind pigs starve.

What I do has absolutely nothing to do with numerology but of course you already know that. That is just your way of slamming something you don't understand . . . childish as it is. I never said strength comes from weakness. Please don't try to interpret what I do, you only embarrass yourself further.
More...


<i>if another Support failure appears we will have strength to challenge targets of 91.000, 95.175, 98.275, 99.100 and finally 99.200</i> plogic

hmmmm, if strength doesn't come from weakness and you never said that, what does the above mean?

<i>What I do has absolutely nothing to do with numerology but of course you already know that.</i> plogic

then what is the significance of the apparent repeating numbers in your levels?


regards,

surf
 
Quote from marketsurfer:

ok, i'll take your word for it. seems odd to me, but im sure everyone else can follow along.

your post is written in such a way that it can be interpreted as being correct regardless of what happens.

best wishes,

surf
More...



Really?

Merry Christmas

Bill Schamp
 
Quote from marketsurfer:

<i>if another Support failure appears we will have strength to challenge targets of 91.000, 95.175, 98.275, 99.100 and finally 99.200</i> plogic

hmmmm, if strength doesn't come from weakness and you never said that, what does the above mean?

<i>What I do has absolutely nothing to do with numerology but of course you already know that.</i> plogic

then what is the significance of the apparent repeating numbers in your levels?


regards,

surf
More...

An explanation isn't going to do YOU any good anyway but I will try, here goes:

If Support would have created an oscillation which failed to Breach the 87.150 oscillation that would have triggered (in real time) a long (that is a BUY) to challenge targets of 91.000, 95.175, 98.275, 99.100 and finally 99.200. We can now add 90.400 to that string.

Your problem is that you dont understand "failure" (as in a price oscillation failing to make a HH or LL compared to the last sequential support or resistance oscillation) as a weakness. I see it as a sign of strength.

Those numbers are real Resistance tops. Actually market made tops, not some fictitious statistical calculations drummed up by a quant with too much time on their hands. "see chart"
 

Attachments

So Surf, is there a stop loss on this runaway train?

At -330 you pretty much went down to zero YTD, and if I were you I would HOPE all those academics DON'T read the Journal....

Another unrelated question: The big/small are the oil or stock positions compared to the future position?
 
Quote from Pekelo:

So Surf, is there a stop loss on this runaway train?

At -330 you pretty much went down to zero YTD, and if I were you I would HOPE all those academics DON'T read the Journal....

Another unrelated question: The big/small are the oil or stock positions compared to the future position?
More...

13518 . . .
That's gotta hurt.
Nice call Pekelo.
 
Quote from marketsurfer:

it's all time relative. the trade is still young-- 6 trading days from final entry.


hold comments till i close it out.

thanks,

surf
More...

So- back to the stops issue. Basically, your stop must be more than 300 points away... let's say it is 400 points. That where the famous "the retail trader has no edge except being prepared to risk more than the institutional trader" stuff comes in...
But that means: the big whale that you seem to be waiting for is what- a 5% drop in the Index? a 10% drop? 1000 ym points? Are you waiting for Black Monday?

Even if you get that 10% drop, it would mean only 2.5 times what you seem to risk (assuming there is actual money at stake)... which would be a mediocre trade at best? On top of it, you were up between 100 and 250 points or so several times... so, had you taken profits, you would have made up your 1000 ym points easily.... the math just makes zero sense to me.
 
Quote from Vienna:

So- back to the stops issue. Basically, your stop must be more than 300 points away... let's say it is 400 points. That where the famous "the retail trader has no edge except being prepared to risk more than the institutional trader" stuff comes in...
But that means: the big whale that you seem to be waiting for is what- a 5% drop in the Index? a 10% drop? 1000 ym points? Are you waiting for Black Monday?

Even if you get that 10% drop, it would mean only 2.5 times what you seem to risk (assuming there is actual money at stake)... which would be a mediocre trade at best? On top of it, you were up between 100 and 250 points or so several times... so, had you taken profits, you would have made up your 1000 ym points easily.... the math just makes zero sense to me.
More...

i don't use the standard risk metrics on per trade basis.

yes, i hope to catch monster system shocking moves

regards,

surf
 
Status
Not open for further replies.
Back
Top