The Surf Report

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:eek: --- after nice gains yesterday, it appears that the market may gap down against our longs this morning. we are going to hold here and ride the volitility against us. i am still confident in the long DJIA entry at 9053 yesterday.

LONG,

Surfer:)
 
ok, the strategy of holding longs thru the gap is working nicely at this time as the DJIA has just turned briefly positive. holding DJIA longs here as support is stregthened.

best,

surfer
 
Quote from Wappers2:

Long time, ole shark bait boy! I see from your journal it's going well, congrats! Any thoughts on whether the S&P is topping out now?
Regards
Wappers
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hey wappers, nice to see you back ! yeah, i am getting squeezed a little here in the afternoon but am still holding the longs with confidence.

best,

surfer:)
 
we gave back the profits gleaned yesterday, but overall i am still happy with the current trade. the DJIA closed just 3 points below our entry of 9053, i was anticipating a close above this level, but the last 6 minutes of the session pushed slightly below. i am holding longs here and am still confident.

staying long,

surfer:)
 
Quote from petrolpeter:

Bait boy?,I thought it was Goodboy?Any way is this a channel your using Dave or something else?Looks like it coughed it's cookies.
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LOL, pete. i felt like a baitboy today ! 9053 is critical figure in the system..it acated as support yesterday so i placed the trade--- as you know, trying to catch the bottom is not standard with my system, but the 9053 figure in this time frame was too compelling to pass up. LONG but not STRONG....... yet !

surfer:) :)
 
our DJIA longs are doing nicely here. planning on holding into monday open. holding MSFT long. ed, it was nice speaking to you, be nice to the blonde one !

have a great weekend !

surfer:)
 
Just between you and me,whispering behind Baitboy's back,that was a pretty sneaky long entry he pulled off yesterday.What do you think he's using in that "system",put-call info, moving averages, peak fishing hours,or what?
 
Hi marketsurfer,

What is your averge drawdown for successful trade? For example, my drawdown is average 1.5% in forex last two years, and 1.80% for emini. Thanks

manz.
 
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