The Surf Report

Status
Not open for further replies.
we are back flat after being stopped out--will continue to mechanically trade off of channel breaks untill system parameters are met or trend is caught.

surfer
 
Quote from marketsurfer:

system fired longs at channel break. we are currently long with stops at 10017.

surfer
More...

You've completely lost me Surf. If I'm not mistaken this system's objective was to catch the major waves. Your frequent trading belies that objective - you are willfully chopping around. Long and short today, now flat? Yikes!

That is a system for slow death.

(You might try widen the channels & stops and trade less frequently.)
 
Quote from BlueHorseshoe:

You've completely lost me Surf. If I'm not mistaken this system's objective was to catch the major waves. Your frequent trading belies that objective - you are willfully chopping around. Long and short today, now flat? Yikes!

That is a system for slow death.

(You might try widen the channels & stops and trade less frequently.)
More...



no, you are not understanding. the system does hit chop at times around the channel figures, as we are experiencing today. i attempt entry 5 times at the figure before scratching the chanel and starting over. hope this clarifys.

surfer
 
Quote from marketsurfer:

i can vouch for the reputation, size, and past performance of said prognosticator. take it as you will...

:)
More...

What does your source think about trading on anonymous market tips as a viable market strategy? :D
 
Quote from Cutten:

What does your source think about trading on anonymous market tips as a viable market strategy? :D
More...




:D


LOL !


the system finally nailed the upwave after several false entries at the channel break. i am following with very wide trailing stops slightly above entry level for rest of day--holding longs here...

surfer
 
Status
Not open for further replies.
Back
Top