You are right. After all there is a BIG difference between a bartender and "a guy" in a bar. And I have to admit, I know of couple of cab drivers over on Lexington. One does plastic surgery, the other hormone replacement. Your are right I am much too cynical....Don't let me stop you.
LMAO , don't start picking on the cab drivers man. Spectra over at PuretickTM used to drive a cab ... and from what I hear, he's raking it in from the nOObs who are signing up for their services ... hey Surf, now there's an idea! JJ
I thought about it Steveie ... and taking advice from a guy in a bar probably isn't any worse than say, taking advice from a guy (presumably) over the internet. Who knows, provided I screen the info and find it to be worthwhile, it might even be a pretty good idea. What do you think? ... JJ
what a terrible march april and the start of may. yeah it hurts to bail on a position then immediately see it go back to even then profits nothing can alter this now so I just need tó deal with it and tweak the strategy. I have given back 100 percént of the nice score end of feb. . stepping back here taking a good long look at what's occuring to determine why the analysis is sooo poor recently. surf
huge huge deals have originated from chance meetings in bars clubs etc. its obvious that steve o has no clue in this regard.
yea, that sucks but it'll be good to "step back and tweak". after all, there's no need to be the following: http://forum.surfermag.com/photopost/data/505/10367surf_troll.jpg haha
Chin up surf, plenty of 07 left and as you know it only takes a couple of good trades to make a great year. I can empathize as the last few weeks have not be good ones for my positions either though will hang in there with them for the rest of this week at least.
You both think on the same level. Both you and "JJ" that is. Trading is intrinsically different than making a "deal" to buy or sell a company. Neither of you will ever be in THAT position. This is TRADING. To know when to stop using a system, professionals use a statistical measure of its efficiency. Using "bar" advice however, is just fine if that is your preference. I realize Marketsurfer that you are a little pissed, seeing your failed trade take off in your direction this morning. As is common for amateurs and retail, you had no clue as to the level of market imbalance. You are what we call a "weak hand", and when people offer to help you, you have no interest. Based on that I can't imagine how you must feel. Sorry Steve P.S. by the way, "Annaland", that "rising expert" you introduced us to should be able to fill you in on that statistical measurement and how to use it