Yes and no. I know it's not rational, yet it can provide some comfort in times of turmoil. No excuses, I'll bail when the risk level is hit regardless-- just gathering opinions of all kinds primarily for irrational comfort.
Yeah, I interviewed him for my site. Interesting character with a solid wall street pedigree-- no joke. I'll talk to anybody Surf
Listen, if talking to aliens gives one great buy/sell signals. God bless em. I do know of traders who called his hotline everyday yrs ago. So he must have been on to something.
yes. these journals would actually have some meaning if the author actually tabulated realized profit/loss vs. spewing out entries points. otherwise, it's a right/wrong discussion which means nothing in real trading.
Surfer, are you the primary designer of the system you are reporting in this journal? Or are you the trader/promoter?
when trading becomes black & white, right & wrong. trader will NEVER succeed. he will see many unrealized profits get cut in half or disappear entirely which never overcomes the losses which get larger. traders who look for right & wrong are looking for outsized returns in such a relatively short time period yet these events occur so infrequently.
Pekelo seems to doing. A good job as surf report book keeper. If anyone is interested , they can figure it out. I have been very clear with both wins and losses I'm not going to spoon feed. Anyone who has the sincere desire can do it. surf