Surf Report

You haven't taken into account position size....so currently he has 10 units (just assume it's 10 lots) short at 21087.

 

his team of quants and phds in microstructure are on it mate. pile drivers en all

 

Remaining short in the YM--- patience is a virtue in situations like this. Stay short readers!

 

Matter of fact I do have a market microstructure PhD on the team... very prescient of you, sport.

 

Yes, that's correct. Conviction of the move kept getting stronger so we ramped up to very risky size.

surf

 

yes it was sarcasm mate. I recalled the vitriolic declaration of a PHD in microstructure a while ago.

 

Is it wise to ever put on a position that is of 'very risky' size? Why not keep the positions within solid risk parameters. That way IF the trade doesn't work out you live to fight another day.

 

He didn't put on a "position", he simply typed nonsense...it's what he does.

 

Mate, he is paper trading. So doesn't give a shit about 'risk parameters'.

He could prove us wrong by posting an actual account statement, but im not holding my breath for that.

 

Holding short too. Surf & I (this time) against the overwhelming majority of ET. Considering that majority of ETers are quite useless at timing any market consistently, negative commentary is viewed as pure banter.

P.S. We got Volente on our side too