I've had enough of Marketsurfer!

romik · Sep 28, 2015

romik said:
I was late on this one as you can see on chart, according to rules I posted a TL would have generated a sell signal around 1,950 SPX, making reward more appropriate at x3, but I want to keep this as transparent as I possibly can, so entry was 1,942 stop is 1,962 and target 1,882

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If I wasn't late on this one, then reward would have been reached now.

jimmiebarton · Sep 28, 2015

destriero said:
Romik, I know you mean well, but you'll never convince him that's he's wrong. I don't know a lot of successful technicians, but the few that I do know are all former sell-side, former NYSE MMers, etc. Two of which work in legit prop and make high seven to low eight figures and only look at charts, no fundamental, macro, etc.

Obviously a sample of two is just that, but to state, categorically, that TA doesn't work is infantile.

You'd be enraged if Surf woke up tomorrow and exclaimed that TA worked. No more windmills...

(I personally don't use it).
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what do you use stats?

jimmiebarton · Sep 28, 2015

S EURO 11200

scalp

jimmiebarton · Sep 28, 2015

add S 1206

jimmiebarton · Sep 28, 2015

add 1228 S

1211 basis

jimmiebarton · Sep 28, 2015

add 1238 S

jimmiebarton · Sep 28, 2015

S 1242; last short

11223 basis

Banjo · Sep 28, 2015

jimmi, what did you see to make you short or was it a macro political reason.

romik · Sep 28, 2015

Bet closed 1,882 for +3%

romik said:
I was late on this one as you can see on chart, according to rules I posted a TL would have generated a sell signal around 1,950 SPX, making reward more appropriate at x3, but I want to keep this as transparent as I possibly can, so entry was 1,942 stop is 1,962 and target 1,882

More...

romik · Sep 28, 2015

-1%
+3%
+3%
+3%