The Surf Report

Discussion in 'Journals' started by marketsurfer, Apr 25, 2002.

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  1. :eek: --- after nice gains yesterday, it appears that the market may gap down against our longs this morning. we are going to hold here and ride the volitility against us. i am still confident in the long DJIA entry at 9053 yesterday.

    LONG,

    Surfer:)
     
    #1271     Jul 17, 2003
  2. ok, the strategy of holding longs thru the gap is working nicely at this time as the DJIA has just turned briefly positive. holding DJIA longs here as support is stregthened.

    best,

    surfer
     
    #1272     Jul 17, 2003
  3. Bait boy?,I thought it was Goodboy?Any way is this a channel your using Dave or something else?Looks like it coughed it's cookies.
     
    #1273     Jul 17, 2003
  4. hey wappers, nice to see you back ! yeah, i am getting squeezed a little here in the afternoon but am still holding the longs with confidence.

    best,

    surfer:)
     
    #1274     Jul 17, 2003
  5. we gave back the profits gleaned yesterday, but overall i am still happy with the current trade. the DJIA closed just 3 points below our entry of 9053, i was anticipating a close above this level, but the last 6 minutes of the session pushed slightly below. i am holding longs here and am still confident.

    staying long,

    surfer:)
     
    #1275     Jul 17, 2003

  6. LOL, pete. i felt like a baitboy today ! 9053 is critical figure in the system..it acated as support yesterday so i placed the trade--- as you know, trying to catch the bottom is not standard with my system, but the 9053 figure in this time frame was too compelling to pass up. LONG but not STRONG....... yet !

    surfer:) :)
     
    #1276     Jul 17, 2003
  7. greetings from the surf shack,

    long DJIA and MSFT entering open. confident .

    best,

    surfer:)
     
    #1277     Jul 18, 2003
  8. our DJIA longs are doing nicely here. planning on holding into monday open. holding MSFT long. ed, it was nice speaking to you, be nice to the blonde one !

    have a great weekend !

    surfer:)
     
    #1278     Jul 18, 2003
  9. Just between you and me,whispering behind Baitboy's back,that was a pretty sneaky long entry he pulled off yesterday.What do you think he's using in that "system",put-call info, moving averages, peak fishing hours,or what?
     
    #1279     Jul 18, 2003
  10. manz66

    manz66

    Hi marketsurfer,

    What is your averge drawdown for successful trade? For example, my drawdown is average 1.5% in forex last two years, and 1.80% for emini. Thanks

    manz.
     
    #1280     Jul 18, 2003
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