Surf's Special Situation Journal

Discussion in 'Journals' started by marketsurfer, Aug 4, 2012.

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  1. cornix

    cornix

    Ya, but brother Surf persuades me that I don't trade TA, just don't know about it yet. :)
     
    #1241     Oct 25, 2012
  2. Lucrum

    Lucrum

    So...where exactly are all of these "special situations"?
     
    #1242     Oct 25, 2012
  3. Clearly your trading is just luck. I'm currently on a 12+ year lucky streak myself....hopefully I continue to be lucky for another 12 :D

     
    #1243     Oct 25, 2012
  4. cornix

    cornix

    Yea, some people are just lucky! :D

    P. S. I like the saying "the more I practice the luckier I get". :p
     
    #1244     Oct 25, 2012
  5. euclid

    euclid

    He defines it as a channel breakout. See surfer's new trend following rules: :D
     
    #1245     Oct 25, 2012
  6. Yes, I was quite impressed with his performance. He really does seem to being doing something right, but time will tell.

    Wonder why none of the other TA true believers wanted to take a shot at a nearly free call option for OPM? Why would anyone risk their own money, when given a choice to risk someone elses with no downside. I don't get it??
     
    #1246     Oct 25, 2012
  7. 6 points away from the possible BIG SHORT.

    stay tuned,

    surf
     
    #1247     Oct 25, 2012
  8. cornix

    cornix

    One can also ask why do OPM under someone else's conditions when you can do OPM under your own conditions and with only those people you personally want to deal with. :)
     
    #1248     Oct 25, 2012
  9. Whoa, married shrinks-- in my previous life, two married shinks lived directly across the street from me-- they were very nice folks but always seemed to be "observing" me from a far-- that and their poodle dyed bright pink--- painted a unique picture.
    surf:D :D
     
    #1249     Oct 25, 2012
  10. You have a point. You know, back in 1999, I was hired to teach TA to a fundamentalist fund manager and his traders. Then I was allocated capital to trade on behalf of the fund. I was down 3% at one point, while the anchor investor pulled his money due to an outside reason. I then launched my own operation but found it was smarter and made more sense to allocate the money to other folks who were smarter, more experienced and had better infrastructure than I did. Not to mention, it fit my personality better to be a deal connector middleman than to directly trade for a living, although I still love trading as a hobby. As you grow, you find that no real hedge fund investor is going to allocate to someone with no infrastrcuture regardless of returns. EEking out a living by trading small OPM or your own account is only one way to make a livign in the market.
    surf
     
    #1250     Oct 25, 2012
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