Surf's Special Situation Journal

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

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  1. traderchi128

    traderchi128 Guest

    Holy shit was that funny.


    I think the price driver is drunk.
     
    #81     Aug 16, 2012
  2. Maverick74

    Maverick74

    Surf, this is a classic expiration week squeeze. The time to short this market will be next week. You are fighting a strong current here.

    You still short JCP?
     
    #82     Aug 16, 2012
  3. Fah Q

    Fah Q

    this doesnt matter. the trade is a price driver trade. it anticipates. trends don't matter.
     
    #83     Aug 16, 2012
  4. yeah, still short JCP--- i'm expecting 50% plus returns on this one.

    thanks, '

    surf
     
    #84     Aug 16, 2012
  5. Remember, Price Driver is not a day trader per se'-- although it will enter short term trades. Think of Price Driver as an opportunistic prediction predator that positions itself prior to moves in an under the radar type fashion. surf
     
    #85     Aug 16, 2012
  6. Fah Q

    Fah Q

    how many YM lots are you short? or is the position so big you must piece in 'under the radar' as not to disturb price?
     
    #86     Aug 16, 2012

  7. No, its a small position--- but the methodology is designed for large positions. You'll see what I see soon enough..

    surf
     
    #87     Aug 16, 2012
  8. Fah Q

    Fah Q

    negative returns or positive returns?
     
    #88     Aug 16, 2012
  9. Fah Q

    Fah Q

    i see a loss. and a random entry it looks like. i didn't see any price drivers lining up when you got short but whatev
     
    #89     Aug 16, 2012
  10. Yeah, Price Driver was not accurate on this entry. closing out with a 24 point loss in YM. Will take every entry system triggers.

    surf
     
    #90     Aug 16, 2012
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