Surf's Special Situation Journal

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

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  1. Demo accounts don't have commissions.
     
    #3011     Mar 21, 2013
  2. cornix

    cornix

    Why "beat" the market? It's destructive language, leads to losses eventually, because you can't "beat" the market, it's much stronger than any trader or even single fund.

    Your nick name suits the constructive mindset much better. :)
     
    #3012     Mar 21, 2013
  3. Wide Tailz

    Wide Tailz

    Surf makes a valid point that lots of little trades typically do not outperform a few "big" ones where you catch the main movements of The Market, using the leaders.

    Or as "old turkey" once said, when answering why he did not sell every rip and rebuy the reactionz: "It's a bull market... I could lose my position, and then where would I be?"

    :D
     
    #3013     Mar 22, 2013
  4. cornix

    cornix

    Applicable if one really does catch those big trades. In other words consistent in general.

    Personally I pretty much suck at swing trading, but small day trades produce double digit return almost every month, so can't complain. :D
     
    #3014     Mar 22, 2013
  5. This is a language issue. Beating the market in trading parlance means to outperform the returns generated by buy and holding a broad index. It does not mean-- beat or hit the market with a stick or club.

    surf
     
    #3015     Mar 22, 2013
  6. LOL! Yes, well said.

    surf:)
     
    #3016     Mar 22, 2013
  7. cornix

    cornix

    Yes of course, but subliminally it programs one for a struggle, competition with the market. Not a good position for a trader, hence the market is so much stronger and is beyond our control almost completely.

    I would suggest using constructive terms when talking about trading. It may be surprising for people how such a simple shift in expression may actually change their thinking and eventually results.
     
    #3017     Mar 22, 2013
  8. Let's talk about something you have expertise in-- Food.

    Planning on little italy saturday night--- what would be your advice for a mid range place? In addition, what's the latest on burger places I should know about?

    surf
     
    #3018     Mar 22, 2013
  9. Lucrum

    Lucrum

    I guess he's going to pretend not to have seen that question.

    Oh yeah, but his statement was more an implication that everyone not following his PD's is a losing scalper. Which is not true.
     
    #3019     Mar 22, 2013
  10. Why would I respond to a rouge moderator attacking members of this site? That guy needs his badge taken away rather than a response.

    surf
     
    #3020     Mar 22, 2013
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