Amateur! You obviously have not seen the movie "Rogue Trader". <iframe width="420" height="315" src="http://www.youtube.com/embed/s219rg5wdd4" frameborder="0" allowfullscreen></iframe> You have to position yourself in an "information curve".
---------------------------------------------------------------------------------- Why? Is surf trading from the news?
Maverick, thank you for the video. I can not really understand too much with British English. I will watch that again with my friends!
While I have no real opinion on JCP (I guess that makes me flat JCP Mav......lol), Surf tends to talk about price drivers getting him into a position before the moves....(not at the end of moves like TA guys). In this case it seems he is beyond late to the party. If his price drivers were good at recognizing a move, wouldn't they have gotten him into JCP way before? Seems to me like any price drivers went into affect a long time ago as the stock has gotten decimated. Trend following/PA guys have probably been short this one for a while. Nick Gleeson.......great video. He was a GREAT example on a horrendous trader. Although all of us have have done the bathroom scene after a horrendous trade....
For the final time, get a grip. Make the changes u know u need to make. I don't know what they are but I'm certain u know. It's sad to see any train wreck accelerate but that's the nature ...of karma. And it is indeed obvious, at least to me, it's karma time. I pressed u hard in the past but just like in the past I always have and will encourage u if I see u turning and doing something right...and imo u are no where near that. In fact, imo u are the farthest I have ever observed u...from doing the right thing. I think others will agree with the timeliness of this note. Hopefully those who don't understand it, won't view it as prescient in hindsight.