Surf's Special Situation Journal

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

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  1. Thanks, brother. :)
     
    #1711     Dec 21, 2012
  2. Dude, cut the crap. Everyone here knows you are a closet chart watcher.

    LOL..."illustration purposes only"
     
    #1712     Dec 21, 2012
  3. That's a massive volume spike! But, I don't see any "chart signals" that preceded my entry at the time ( based on price drivers) . Charts are illustrative only

    surf:D
     
    #1713     Dec 21, 2012
  4. Mr_You

    Mr_You

    Huh? I thought his JCP short was an epic fail in risk management. Huge loss no?
     
    #1714     Dec 21, 2012
  5. Previous poster was being facetious? :D

    Obviously JCP trade was an epic failure.

     
    #1715     Dec 21, 2012
  6. Good catch, the alias Mr.You seems to pop up and disparage everyone-- this persons adds zero value and should be ignored.
    surf
     
    #1716     Dec 21, 2012
  7. Mr_You

    Mr_You

    Ok, I think its blantantly obvious now that we're all just wasting our time responding to marketsurfer aka marketgambler. You've got zero credibility buddy.
     
    #1717     Dec 21, 2012
  8. dreturns

    dreturns

    OK exactly what page of this thread shows the details of what happened to the JCP story? Too many pages. I assumed you followed through with your plan of 11/1......what happened then?
     
    #1718     Dec 21, 2012
  9. Mr_You

    Mr_You

    On 8/10 (page 2) he called JCP SHORT@23.55 and 23.60

    On 9/18 (page 9) he finally set a stop @ 31.

    On 9/19 (page 10) NoDoji gives a good explanation of why this was obviously a bad trade to begin with.

    He was apparently going by "news chatter" and possibly some Level 2 data on why he made this trade. He took on huge risk thinking it would eventually fall, but he was in way too early and out way too late.

    If you want to learn how NOT to trade, look at how someone handles their losers.

    Someone using TA could have ridden this stock high and ridden it back down.
     
    #1719     Dec 21, 2012
  10. I lost money on the trade---- due to not sticking with my own call. it happens.

    surf
     
    #1720     Dec 21, 2012
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