The Surf Report

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Quote from darkhorse:

hey surf:

Just out of curiosity, do you have a percentage loss uncle point in the background in case all hell breaks loose? Say OBL and Zarqawi are caught and great numbers come out same day, or something equally wacky... melt-up scenario that a time stop can't address.

Do you have a breaker in place? If not, does that mean you are theoretically willing to risk 100% of the account?


hey dark,

theroretically, i am willing to risk 100% of the TRADE, never the account. the total amount in the trade is < 35 % of account size. i have no breaker other than time in place.

surfer :)
 
Quote from harmonicpatrick:

Hello MarketSurfer,

I was wondering IF you have given any thoughts on your system to have a POINT whereby a hedge can be applied (or partially applied) as a function of TIME and PRICE rather than strickly having a TIME component to your system that invalidates or confirms your trade?

All the best,
Patrick Q


good idea, harmonic. i will consider your suggestion.

thanks !

surfer
 
MS,

I just wrote my input on the hedge and some how deleted the entire post.

Arggggg......

Anyways I will PM you my basic rational next week.

Thanks for the awesome journal. You have sparked many ideas for me.

Patrick Q
 
Quote from harmonicpatrick:

MS,

I just wrote my input on the hedge and some how deleted the entire post.

Arggggg......

Anyways I will PM you my basic rational next week.

Thanks for the awesome journal. You have sparked many ideas for me.

Patrick Q


thanks, looking forward to it.

surfer :)
 
Quote from vhehn:

dow failed at monthly highs. if one wasnt already short looks to me like now might be a good time.

Not so sure. I think the powers that be will push it up and oil down until the election.
 
I know no one cares but I'm short the NQ myself. :p Wish me luck!
Best of luck to marketsurfer and anyone else who is short too!
Hoping this baby goes all the way back to 1300. :)
 
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