-600 ym points? ouch.
The Surf Report
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Quote from Vienna:
I would rather say it is experience based on hope.
SO the plot thickens... the "portfolio parameters" allow for a trade that is "terrible" and a "mistake" but not for a trade that is a "terrible mistake"? You start sounding like a Jesuit 200 years ago.
a terrible mistake portends to mean and project the connotation of overall destruction and fallout. exactly the spin tdog is aiming for.
my words "the trade is terrible and a mistake" portends to mean and project the connotation of a specific and direct situation without far ranging consequences.
the difference is obvious. no jesuit needed, LOL !
surf
It would sound like a total fallacy on MS's behalf IF the method that he uses was not short any more. Since it is and he is still within his risk parameters, then I don't see anything out of wack. I could not trade this way, like ever, but if his yearly results have been positive based on same principals, then we can not judge based on how we would have done it, ImO.
However, if stops are allowed to be this wide, then how realistic would it be to expect benefit to equal or even beat negative equity IF you were to get 2-3 consecutive losses in 1 year?
However, if stops are allowed to be this wide, then how realistic would it be to expect benefit to equal or even beat negative equity IF you were to get 2-3 consecutive losses in 1 year?
Oh, yes, I'm the spin meister here: "specific and direct situation without far ranging consequences" vs "overall destruction and fallout." Yes indeed, surfer has such an amazing grasp of the difference and hidden meaning of those two terms. Oh, no. I've been foiled again.Quote from marketsurfer:
a terrible mistake portends to mean and project the connotation of overall destruction and fallout. exactly the spin tdog is aiming for.
my words "the trade is terrible and a mistake" portends to mean and project the connotation of a specific and direct situation without far ranging consequences.
the difference is obvious. no jesuit needed, LOL !
surf
Quote from marketsurfer:
a terrible mistake portends to mean and project the connotation of overall destruction and fallout. exactly the spin tdog is aiming for.
my words "the trade is terrible and a mistake" portends to mean and project the connotation of a specific and direct situation without far ranging consequences.
the difference is obvious. no jesuit needed, LOL !
surf
Maybe not like a Jesuit... just like Bill Clinton
Because he would regard it as validating the courage of his convictions. Perhaps he would even tip his hat to VN, in recognition of his role model. We are, after all, talking about the pursuit of GREATNESS:Quote from polpolik:
The bad thing about surf's trade is if it, say, goes back in the money and he covers it for a profit, it would just be reinforcing a negative behavior.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1703286&highlight=GREATNESS#post1703286
LOL, bad for whom?Quote from polpolik:
The bad thing about surf's trade is if it, say, goes back in the money and he covers it for a profit, it would just be reinforcing a negative behavior.
It's not bad for anyone reading this soap opera, because no one here is even going to remotely entertain taking a trade such as this.
It's not bad for MS, because it's just a paper trade and he has no accountability to anyone but the thread readers (all five of them), so he can "spin it" any way he likes.
Jimmy Jam
jealousy must suck, a monster ( for this biz ) 566760 views,6447 replies, and counting. all you can muster is "all five of them" in a futile attempt for attention.
surf
Nah man, I'm definitely not jealous of your hits on your internet thread.Quote from marketsurfer:
jealousy must suck, a monster ( for this biz ) 566760 views,6447 replies, and counting. all you can muster is "all five of them" in a futile attempt for attention.
surf
But you have confirmed what you're really in the business of doing, and why the mods protect your pathetic attempts at showing everyone that you're a real trader ... as we all know that isn't true.
But hey, make your money how you can, I'm all for that 100%.
Jimmy Jam
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