Surf's Special Situation Journal

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

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  1. Interesting. While I still have no real clue what the price drivers are, from what I am seeing here, I think surf will be right again. ;-)
     
    #2541     Feb 12, 2013
  2. You may of said before, but why did you go short the YM. I can see going flat but don't see the short side now.
     
    #2542     Feb 12, 2013
  3. The Price Drivers are pegged at negative 7 indicating strong bearish bias in the underlying factors that move price. Obviously, they are not always correct, but I am holding on here based on the system.

    surf
     
    #2543     Feb 12, 2013
  4. Thanks but I have no idea what "price drivers are pegged at negative 7" means.
     
    #2544     Feb 12, 2013
  5. The Price Drivers are an index that goes from negative 10 to 10. Zero is completely balanced between bullish and bearish forces. Negative 10 is max bearish and 10 is max bullish. Neg 7 is very bearish forces brewing under the market hence my short position.
     
    #2545     Feb 12, 2013
  6. Yeah I figured that out surf . but still doesn't say anything. Never mind, it's tough to get a straight answer out of you. If it's a secret that's OK, I was just curious why you went short. :confused:
     
    #2546     Feb 12, 2013
  7. Somethings are just too valuable to provide the inner workings. All the benefits are in the calls anyway--- only hardcore quants can understand the calculations--- I sure can't! surf
     
    #2547     Feb 12, 2013
  8. Lucrum

    Lucrum

    I never understood making "live" calls on a message with no proof whatsoever an actual live trade was actually made. But I see your point.

    Down about 50 now huh?
     
    #2548     Feb 12, 2013
  9. Price Drivers in action:

    [​IMG]
     
    #2549     Feb 12, 2013
  10. about 44 right now--- PD can be a bit early in the prediction, i get greedy and go all in, when truly the smartest way to trade it is to ease into the position. Man, I FIGHT greed every single day---- surf
     
    #2550     Feb 12, 2013
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