IF we are wrong this time, I am DONE trading the YM/index futures--- the short signals are just too strong not to risk the speculative account in full. here we go
Thanks for the support, brother. These haters just love to see losses, it makes them feel better about their #SAD existences. surf
Im done fading your trades for now, today was a pretty good day, made about 20 large, so going to take the rest of the week off. Here is the current journal history, incase anyone wants to keep it up to date while im away, otherwise i will update on sunday night when i get back. ------------------------------------------------------------------------------------------------------- Recap of all of Smurfs calls on this journal so far: Call 1: Short 20597, exit 20728 loss of 131 pts Call 2: Short 20660, exit 20728 loss of 68 pts Call 3: Short 20708 exit 20780 loss of 72 pts Call 4: Short 20795 exit 20780 profit of 15 pts Call 5: Short 20787 exit 20780 profit of 7 pts Call 6: Short 20814 exit 20965, loss of 151 pts Call 7: Short 20808 exit 20965, loss of 157 pts Call 8: Short 20825 exit 20965, loss of 140 pts Call 9: Short 21087 status still open NB:Some exit prices are based on timestamp of exit post where no exit price was given.
I hear you I thought that this quote applied to workplace,you know you as good as your last day.In trading you take way too much risk if you as good as your last trade.More like gambling,you know. When bear market came since that day when Clinton spoke about human gnome,one day in March 2000 you be surprised how many people were buying every dip,it was like the only thing they knew.There weren't many people who shorted individual stocks,especially high fliers.In the run up yes I agree with you everyone was a genius. That board Clearstation had a virtual portfolio,so you could get a glimpse of given member recommendations and many made live trading calls on general forum.Cnbc was telling viewers buy and buy some more,but on this forum there were guys who made many great calls on short side and did not get shaken out from their convictions. Their calls on shorting the market were proven correct,but that was very much against the mainstream-chart said that.Even guys trading prop were trained only to buy the dip,because this is what made easy money. Surfer whom some poster here kick when he is down made some great calls.I felt obliged to bring that up.There is more to this than a week of calls against the trend.At the time he made some great calls and had a following In my life i met only one world champ in anything.Back in late 90s in Atlantic City i had a privilege to have a conversation with Joe Frazier.You know when you in your 20s and talk to guy like that you remember things he says. I don't think you get to that level in anything by kicking the guy who is down.The world does not work that way. I better shut up! To anybody who read that forum back then nothing beats buddhabob writings.This guy had a way with words.LOL
Buddabob was a genius and a famous hollywood actor! Thanks for the support and blast from the past! Buddha is how i discovered there were some really amazing people on these boards. I still think that's the case, but its getting diluted by the ne'erdowells and haters. These hater guys on here are sad. Nothing like CS back in the day! surf
This is not the kind of advice one would expect to hear from someone who published a book in relation to "beating the market"! Very bad advertising. Are you sure you published the book and you are not impersonating another person??? I have never heard of a financial trading author behaving like this - seems a bit odd to say the least!
I hate to admit it, but I actually agree with WTFauoaoao on this. That IS an odd statement, Mr. Surf. If you fail on this next YM call, you will never trade it/equity indicies again? Yikes.
Good luck, Surfy! That's not a great way to play a projected drop, IMHO, and we bust your ballz a lot here, but I would think even your detractors wouldn't mind a little down action every now and then... Good trading to all.