Surf Report

Discussion in 'Journals' started by marketsurfer, Feb 16, 2017.

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  1. Lol! Get a clue sport, listen instead of spouting off your lack of knowledge. Or maybe try google when you read a phrase you never heard.

    Here's a lesson on what "climbing the wall of worry" means

    http://www.rbadvisors.com/images/pdfs/Climbing_the_Wall_of_Worry.pdf
     
    #841     Mar 7, 2017
  2. near impossible. The pull back bottom remains nearly 1000 points away from the current price. The top is estabished for quite a long period

    Hedge your long positions! Get Short! Or go Flat surfers and surfettes.

    surf
     
    Last edited: Mar 7, 2017
    #842     Mar 7, 2017
  3. southall

    southall

    Lol, climbing the wall of worry normally means a Bull market that is dumfounding the shorts who keep thinking the market has topped and cant go any higher. But it continues to go higher regardless.

    This is exactly what you have been thinking, and the market continues to prove you wrong.
     
    Last edited: Mar 7, 2017
    #843     Mar 7, 2017
  4. Yes, correct in first paragraph. The market proved me wrong at first,but it will prove the wisdom of the predictive price driver model.
     
    #844     Mar 7, 2017
  5. Mtrader

    Mtrader

    How? By making 7 losing trades in a row?
    In the real world you lost seven times in a row. That's all till now, not even a single profit. Where is the wisdom of the predictive price driver model?
    One thing is sure: it is not hiding in your head. :D

    Don't mix up "wisdom" with "wishful". These are two completely different things.
     
    #845     Mar 7, 2017
  6. Lol! These chart artists never have a loss. Maybe because they never trade in the real market, content to annotating charts while blinded by hindsight bias and being fooled by randomness.

    :finger::D
     
    #846     Mar 7, 2017
  7. lovethetrade

    lovethetrade Guest

    There's no predicting price in futures trading, especially intraday trading. What are the variables that matter Surf? C'mon, someone with your intelligence should be able to work it out easily.
     
    #847     Mar 7, 2017
  8. JSSPMK

    JSSPMK

    Whenever I see what I am seeing now I go 'b...s in', they are rare and provide plenty of expansion more often than not.

    It's fine & prudent to pussyfoot risking 0.5% trading, but certain times you gotta increase risk to take advantage of those opportunities.
     
    #848     Mar 7, 2017
    marketsurfer likes this.
  9. Agree about intraday. In the YM, we take the Price Drivers of each individual stock and put it into a formula taking into consideration volatility plus the quantified macro economic picture plus plus It all boils down to buy or sell trigger. Its often a little early since it over shoots the time factor which is why i often leg into the positions.

    surf
     
    #849     Mar 7, 2017
  10. Absolutely, for most, a 0.5 % risk factor will yield less than minimum wage unless u are already very wealthy. You need to bet big when the time is right or u will be forever churning like an addict.
     
    #850     Mar 7, 2017
    Visaria and JSSPMK like this.
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