Surfer Alerts

Discussion in 'Journals' started by marketsurfer, Apr 3, 2013.

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  1. slumdog

    slumdog

    If you experienced enough to have developed one or more good trading edges then figuring out how to add to positions shouldn't be a problem for you.
     
    #441     Apr 17, 2013
  2. cornix

    cornix

    One better not experiment with scaling in/out before getting consistently profitable at all. Easy to get lost in trading, so baby steps, one at a time are a safer way.
     
    #442     Apr 17, 2013
  3. southall

    southall

    I dont get it.. why didnt the Price Drivers give a sell signal when gold was breaking down at $1500, why were they so late??
     
    #443     Apr 17, 2013
  4. Very good point, especially since PD's are supposed to "predict" and not "react".

     
    #444     Apr 17, 2013
  5. I've read this entire conversation and I think you and I trade in a similar manner.

    I react to immediate market conditions, placing trades based on those conditions. Those conditions being either long term or short term in nature. I set profit targets and look for exits around those target areas based on the original specific conditions. I set hard stops protecting each trade, just in case the conditions I reacted to immediately reverse against my trade.
     
    #445     Apr 17, 2013
  6. PDs are not calculated for gold.
     
    #446     Apr 17, 2013
  7. Daring

    Daring

    If PDs are in your eyes the best thing next to oxygen, why don't base all your trades solely on PDs; as in only trade trades signaled by PDs.

    Obviously we readers know PDs are not oxygen and more like toxic waste, but assuming for a second they were good, the question is there for you to reason with, answer not required :D
     
    #447     Apr 17, 2013
  8. They are a work in progress. No one has ever quantified fundamental drivers in a succinct formula. I am excited about the potential.
     
    #448     Apr 17, 2013
  9. Lucrum

    Lucrum

    :D

    Aren't you fond of repeating that TA can't be "quantified"?
     
    #449     Apr 17, 2013
  10. TA patterns can't be quantified or even defined properly to be tested. You have been fooled by optical illusions.
     
    #450     Apr 17, 2013
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