Yes. Surfy doesn't believe in stops, and in lots of cases they tend to lower profits over time. But the way Surf "trades" if he doesn't at least put in some trailing stops to protect profits, he just ain't gonna do well IMHO. He's gotta realize we are, at least for now, in oversold territory... But then, Surfeur and his "super smart and successful, etc, etc. quant team..." are so far above the average ET trader we can't hope to duplicate his results.
I still hope he gets his 1000 points. It doesn't matter to me if market goes up or down as i trade both ways and many entries and exits as the journey is made. But i would like to see surf become a legend and sell his book too. It is alot of work to write. Of course when you look at it 1000 points ain't that much. Maybe he should go for 2000??
Hehe green long red short , theres your 1000 and in the month you wasting opps its turned 2000 + ... chopped up a bit 1 day but hell didnt suffer a 250 POINT DRAWDOWN
OMG its 6 weeks and you max DD is how much and your P&L is what and you martingaled HOW much ... they should sticky this . Mark it how not to do it hehehe . Love to see the equity curve on this , like a drunk retard
The market is in the process of "sucking in" the bulls back into long positions. It will continue to do this until it is satisfied with the take, then the smack down will continue for the minimum 1000 points. surf