The Surf Report

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Quote from Red_Ink_inc:

What am I doing here? Trying to prevent sheep from being lead off a cliff. Believe it or not there are plenty of newbies here who do fall for this stuff and wind up losing real money that they can't afford to. Surf is not a trader, he's a journalist. Now he's the Pied Piper.

McKenna,

Do I really even need to comment any further on your trading abilities? After all you did post the following:

Try this .... buy Msft calls and average down forever... when they start going up you can bank $10.000 with every tick up..
think about it...

and let's not forget this gem:

I kept buying the best companies and averaged down forever.... too bad they turned up too soon because I was ready for much more... my stop loss was at DOW 3000 and s@p 400, but we never got there....

If this is the best you got after 15 years of trading, then Surf alerts just might be for you.
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Yes, I still do what I said before.
Right now I am long KFT and SWY and averaging down until the end of times.... I would like you to take the short side of this trade.
 
Quote from TMcKenna:

Yes, I still do what I said before.
Right now I am long KFT and SWY and averaging down until the end of times.... I would like you to take the short side of this trade.
More...

The likelihood of your strategy blowing up is pretty small. Then again so was Neiderhoffer's and we all know what happened to him (twice). That does not make it a good strategy.

I guess you don't have any issue with the amount of time your money spends under water earning zero (apart from meager dividends), waiting for the Phoenix to rise from the ashes? Lost time = lost money.

In my opinion, your strategy is simply an excuse to be stubborn and lazy. Waiting for time to bail you out isn't much of a strategy.
 
What am I doing here? Trying to prevent sheep from being lead off a cliff. Believe it or not there are plenty of newbies here who do fall for this stuff and wind up losing real money that they can't afford to. Surf is not a trader, he's a journalist. Now he's the Pied Piper.
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how narcissistic of you to designate yourself protector of those only you believe need protection! because you can create the need based upon your beliefs.

narcissists always use the weak as their excuse to behave in ways that make themselves appear grandiose.

narcissists always despise those who are actually better than the narcissist himself, because the better threaten the weak ego which the narcissist must defend by any means available.

by the way, learn some correct grammar, if you want to appear more intelligent than you really are.

sportsguy
 
Quote from Red_Ink_inc:


I guess you don't have any issue with the amount of time your money spends under water earning zero (apart from meager dividends), waiting for the Phoenix to rise from the ashes? Lost time = lost money.

[/B]
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guess he is more of a Gann guy. didn't gann say time is every thing? we all follow price but he follows TIME. He is trading the TIME not price.

:D :D
 
Really appreciate the fade signal tiger

Long from 80.25 (ES contract) and waiting to take further profit

Hoping to catch 10pts before the report kicks in.

Edit at 7:01 PST

Got my 10 pts just now and thanks again....lol

I think I'll post this chart on my thread "approach to trading the ES contract". Its a nice clear signal (that works)....
 
huge day 1 for experimental twitter alerts, still holding longs.

stops at 8393---

surf

www.twitter.com/marketsurfer





ok, close to stopping out, but new assault on highs has started, staying long here
3 minutes ago from web
typo 8423 high
7 minutes ago from web
price rejected once again off of 8223 high
8 minutes ago from web
new assault on high started
9 minutes ago from web
momentum may be catching some traction here, staying LONG
10 minutes ago from web
high at 8423 YM price stuggling here
13 minutes ago from web
momentum may be failing here, stay tuned
16 minutes ago from web
mistake, stops 8393
17 minutes ago from web
stops 8397
18 minutes ago from web
resistance taken out, staying LONG
18 minutes ago from web
moving stops to 8377
20 minutes ago from web
8403 next resistance
20 minutes ago from web
DJIA keeps pushing higher, new highs every several minutes, all pull backs getting bought with huge size
21 minutes ago from web
Stops at 8357 here YM
27 minutes ago from web
ok, staying long here
29 minutes ago from web
oh yeah !!!!! NAILED IT. staying long YM consumer confidence rocks
32 minutes ago from web
moving stop up 8263
36 minutes ago from web
Stop at 8253 YM
39 minutes ago from web
DJIA looking wicked strong, staying long here
about 1 hour ago from web
Long at 8227 YM
about 1 hour ago from web
 
Ok, stops hit at 8317. out, flat, done for day. first day with experimental YM program plus 190 points. :)



ok, stops hit. FLAT done for day, YM day trade program plus 190 points. see everyone tomorrow!
3 minutes ago from web
sliding up stops to 8317
13 minutes ago from web
new high 8339, but instant pull back from high, staying long
13 minutes ago from web
ES breaking to new highs, YM approaching highs at 8336
15 minutes ago from web
assault on high, XLE ripping, gold lower
16 minutes ago from web
potential base building at 8420 YM, staying LONG
22 minutes ago from web
system indicating support at 8397
28 minutes ago from web
new assault on new high, 8336 is resistance
29 minutes ago from web
HIGH 8336--holding longs
32 minutes ago from web
highs taken out!!! staying LONG
32 minutes ago from web
 
Nice job Surf......Go short on here, and long on your little twitter page. Then blab about the one that worked.

Good to see you are still the worst trader on ET.

My condolences to anyone who really trades your calls with real money.
 
what are you talking about, prado? day 1 with the new system was killer and documented in real time, no inconsistencies. sorry you missed it.

i shouldn't have to do this, but here is the blotter:

9gbo6d.jpg




seriously, man, get real.


surf:confused:

www.twitter.com/marketsurfer
 
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