Sorry no lesson was implied. I just felt that if you were going to relate to surf, you might want to be on the wavelenghth, if any, that could "light a match" in the darkness. Were I to write a book for this forum's thread it would be titled "The Secret of Syntax". All logic based systems use a syntax. Trend drivers are the anticipatory part of carving the full offer of the market. You illustrated this in your price bar post. I narrated it to further your point to surf. He doesn't get the syntax aspect of trend drivers which are followed later, after the fact, as lagging indicators of price which he calls "price drivers". Feel free to have all my posts in this thread deleted. Surf mentioned my name in a narrow context and was asked to name others who also fit the context....
Where is your stop at? Why are you placing a stop there? What determines your stop? What time frame are you trading for your stop, is it price touched or close of day etc? Thx
Since the last one was around 100 pts, we will put another one at the same distance, just for reality purposes. Oh my.... Overnight the position tanked before it rallied back, and was -110 pts in the red. So as the accountant, I will put Surf down for another 5K loss.... Surf, seriously, with this fiscal cliff hanging, it is FUNDAMENTALLY wrong going long for an extended period. (as you should have learnt by now TWICE)
I am hanging long in this one until the underlying premise of the trade changes. I am still seeing signals of extreme bullishness. down about 70 points right now......... letting the line out, waiting for the big one that is guaranteed to happen... surf
I'm going skiing, see everyone Monday! <iframe width="420" height="315" src="http://www.youtube.com/embed/yvlXmKZIahQ" frameborder="0" allowfullscreen></iframe>
This thread is such a joke, ridiculous. It's obvious he's using a sim-like all the other times when he racked up huge losses. Before this trade that's currently underwater by, what Pekelo, 100 points?...he made another trade that was heading for a 90 point loss too, when I posted. 4 minutes later he jumped on and plainly fibbed, after the fact, saying he had closed the position earlier flat. Now, if you believe that, I'm sure he's got a bridge in Brooklyn he'd like to sell you, as well. Here's what I wrote: and here's what he followed with 4 minutes later.
Stop taking so much credit for my actions-- it's really poor form. The hard stop level in the trade you mention was listed and placed prior to your post-- but i guess you missed that in your zeal. Finally leaving, see everyone Monday! surf
Didn't see that myself, but it's not a surprise. In his pre-ban journal he was also caught deleting losing trades. It really is entertaining to watch, though.
Both finviz.com and my live feed say it was 12995 (or so), so at one point you were in the red by 115 pts... Guys, there was no problem with the previous trade, he went by the rules. Once he went below the stop loss line he still waited for 5 mins, thus he sold lower then the stop loss. That was OK... You guys missed this: bail point (under) 12998 on full 5 minute close under that.