Surf's Special Situation Journal

Very insightful, Yella.

We have a base line here of folks making $400 per day on a $10k account--- some amazing claims-- not to mention rarely having a losing day due to some kind of supernatural "price reading" ability or something....

Is is wrong to be cynical about this?

surf

 

Surf,

Unlike you I have zero interest in gaining any followers or exposure. I think I make that very clear. I have had the honor of trading with some unbelievable traders over the last 20 years. Unlike you I am not going to name names. But I will tell you this, the guys who made it huge did it by managing risk. Knew where to get out, and yes....a lot do use stops.

You are a nice guy Surf. I am sure you are a great guy to have a beer with. You are a good writer. And try not to take this the wrong way......but your knowledge of actual trading and what makes a great trader is non-existent.

You can take all your cute little studies. Those and $1.50 will get you a ride on the subway. Sorry....I've seen too much over the years to know what works and what doesn't.

 

I think I have one person on here on ignore. That EMG moron. I think Surf is gonna be #2.

 

Ok, thanks for the kind words------ There are many that know far more than I do, I'll readily admit this--- but at the same time, I am not going to believe many of the claims I have heard without evidence. surf

 

Shorting property insurance companies?? Does this make good sense now? thoughts?? thanks, surf

 

<b>Quote from R. Raskolnikov:

No one here has claimed to never lose. I don't know what the OP is talking about.</b>

Its not "never lose" its rarely have a losing day. That is what was said. surf

 

"Never lose" comments/whining by the OP just this month (again caught in inconsistencies):

http://www.elitetrader.com/vb/showthread.php?s=&postid=3655238&highlight=never+lose#post3655238

http://www.elitetrader.com/vb/showthread.php?s=&postid=3654999&highlight=never+lose#post3654999

http://www.elitetrader.com/vb/showthread.php?s=&postid=3652431&highlight=never+lose#post3652431

http://www.elitetrader.com/vb/showthread.php?s=&postid=3652337&highlight=never+lose#post3652337

http://www.elitetrader.com/vb/showthread.php?s=&postid=3649576&highlight=never+lose#post3649576

http://www.elitetrader.com/vb/showthread.php?s=&postid=3648399&highlight=never+lose#post3648399

http://www.elitetrader.com/vb/showthread.php?s=&postid=3642599&highlight=never+lose#post3642599

He always moves the goalposts when it suits him. Too bad his posting history always come back to bite him in the ass

 

Never lose was hyperbole-- I apologize if it offended anyone--

This is exactly what I was referring to in your leaders words:

surf

 

Glad you admitted your ridiculous mistake. I'll accept your apology.

 

Thanks. what's your opinion regarding claims of rarely having a losing day?

I thought even the best traders lose most of the time, just that the wins are way bigger than the losses.

surf