Thanks for the gracious comment. Re Surf, whether or not you like his style of ES trading, I believe even his detractors agree he's well up since re-starting his journal. And bear in mind his good work in exposing the bad apples on the site, such as people who use legal or other threats against those who disagree with them. There are good reasons his journal gets pageviews, but an unfortunate side effect of pageviews is amateurs and wannabes horning in to post after-the-fact "trades" in an effort to steal attention for themselves. In addition, how many on E'trader have sponsored get-togethers like Surffests?
Surfer has shown terrible risk management, I don't think anyone gains anything by following his calls, except for learning from his mistakes? I just wish he wasn't so darn passive aggressive. I think that, more than anything, is what keeps people coming back to jawbone with him.
That`s the equivilent of saying a baseball player with a career batting avg of .237 was a great hitter.....but couldn`t hit a curve!
Do we have a count, and don't forget to subtract 15 points on 30 contracts? I don't believe you can be profitable after a hit like that.
What? Having no models to govern your trades will always lead to failure. They didn't have any, only macroeconomic projections and very little to no technical trading or discipline. This is what leads to blowups. Incidentally, 5 years, 10 years and 30 years have a 90+% win percentage and a 3 to 1 average win loss ratio. If they had systems like that they would not have blown up.
You are a young guy trying to make your way--we all get it. However, why don't you just let go of the price physics cult crap? If you are serious about anything, you will. If you want to troll around ET lost, well, you will get what you want in the long run...
An attempt to impress the gullible and uninitiated into thinking trading necesarily has to be complicated ergo you need a guru to follow.