The Surf Report--part 2

Plus there's the long Simex claims he took at 3 AM, which also got stopped out (if it existed).

 

He added 15 more at 1171 (see his posts) .. so he traded 60 rt's. and the loss is even bigger.

 

First post:

"15 contracts long @ 1169.25

Will enter next 15 at apropos time"

Next post:

"Adding 15 contracts here@ 1171. This thing is just screaming to go higher. Bullish bias totally confirmed with system. Surf"


Sounds like 30 contracts in total for the second trade to me.

 

no, it was two trades:
1. 30* -10.25 points (excluding commissions)
2. 30* -16.00 points (ex. comms) (long 1173, out 1157, 30 all in)

=-39375


plus say 2.5k commissions

= -41.9k ~

I definitely saw it. I have no need to lie.

 

I think your commission estimate is a bit high.. $5 dollar round turns these days..

If we include the trade post you saw that was quickly deleted, MarketSurfer posted trades related to 90 rts.. who knows how much he lost in his demo account today.. probably more than 50K i would guess.

 

He beat himself......that would be the most painful realization of all irregardless of the true/hypothetical capital.

His initial call was great....his entry at 80.25 was pinpoint....surf beating himself...priceless.

just goes to show just how many ways one can lose in this game,even after pinpointing time & entry points....two of the most difficult actions to master.

this game will turn ones guts to tapioca in a few short years & strip you of your sanity,dignity & indentity in one swipe.

 

My name is Evans. Insanity is a beautiful thing. 2 follows the 1, 95% before the 3.

 

Ok, gonna try this entry again. All in LONG 30 @1152.50
Sept ES
Surf

 

I trust the system and know it's value despite the last several poor entries and bad trades.

Trying again.

Surf

 

Where is your stop this time?