Search results

  1. oraclewizard77

    franchise dilemma.

    For those that may be interested, we may be looking to sell our computer business in about 6 months. One of our employees has expressed interest in buying it himself, so he will have 1st option. We are looking to sell for $ 100,000 on a business that has been here for 4 years and generates...
  2. oraclewizard77

    Urgent Message From Rennick

    And so my price analysis was better than the ball. I called it last night, and I was right. :-)
  3. oraclewizard77

    PureTick.com

    How, is someone to learn to trade if they don't pay for it? I have paid over $ 5,000 to a trading school. I have also read many trading books. Then I spent over a year trading with real money. I am currently profitable trading so maybe I am now one of the 10%. I have never tried...
  4. oraclewizard77

    Urgent Message From Rennick

    Ok, time to try a call. I call that the markets will be up on Wed.
  5. oraclewizard77

    Do Trendlines work?

    Here is a chart of GBPJPY which has been trending down. You can see that there have been 2 places to make money. One is if you traded short when price bounced off of the downward sloping trend line which has acted as resistance that price has respected so far. The 2nd would have...
  6. oraclewizard77

    You Lucky Bastards: FMD

    Why are you "f$%ked"? If the company does not file chapter 11, then it should eventually recover. I don't see where they have extreme debt like some of these banks or brokers like BSC. Obviously I am not day trading it, I went long and bought another 500 shares today on weakness. If the...
  7. oraclewizard77

    Do Trendlines work?

    Obviously, seeing price in the "past" in your chart, the trends are obvious. However, I only see a few trades that just by following price analysis I would have made money by looking at your chart. This is not to say that you are not making money in all of those trends. What one hopes...
  8. oraclewizard77

    The truth about TRADING. Can you handle it?

    From what I have seen they post a track record of their trades. I have never been in the room so I can not verify it, but I would assume that no one would continue beyond the 1st week if their trades were not truthful. Also, lets discuss win%. I currently have a 60% win ratio on my trades...
  9. oraclewizard77

    You Lucky Bastards: FMD

    I bought today a small position. Good risk vs reward. If FMD survives, we could see at least 10 points upside in less than a year for a 200% roi.
  10. oraclewizard77

    Managing Funds for a Living

    You found him out. Another loser who posts endless drivel and when finally given the means to post a real track record, shows that he can't trade his way out of a paper bag.
  11. oraclewizard77

    Support needed

    Here is some help. GS just stated that we are 3/4 of the way through the credit crisis. There are many stocks right now that pay high dividends that are probably going to survive the credit crisis. Why not put some of your money into these and hold for awhile. Then trade with the rest...
  12. oraclewizard77

    Repairing covered call

    Your broker will repair it for you automatically. Its called a margin call.
  13. oraclewizard77

    Do Trendlines work?

    How did you calculate the angle for some of those lines? By the way, multiple time frames are sometimes useful, market has been range bound lately in currencies.
  14. oraclewizard77

    paying it forward SUF

    Currently SUF has shipped a "working" system to their 1st customer account. For the 1st time ever, SUF may actually make some money. If this occurs on this heavy shorted stock, look for a 300% ROI. I have invested real money in SUF.
  15. oraclewizard77

    Calling jack hershey, Earth to jack hershey

    Its 'and" not "adn". It has always been "and". Also, "&" is acceptable. However, someone who is "fantastic" with his spelling, should be able to spell such a simple word as "and". I am sure that you are "fantastic" with that "thign" you call trading. How's that working out for you...
  16. oraclewizard77

    Calling jack hershey, Earth to jack hershey

    After using Peak Trader, I was finally able to stay in the market for the entire day. It allows you to make money when the market goes up, when the market goes down, and even when its sideways. Some people don't understand how to make money on sideways moves, however, once you read over...
  17. oraclewizard77

    Are there drawbacks to working with such a liquid market?

    I agree that there are small spikes in forex. So what can be done about the problem: 1) Use mental stops. 2) Use stops, but know sometimes you will spiked out. I currently use stops. 3) Hedge your risk by buying/selling another currency to offset your risk. Done it a few times. 4) Have...
  18. oraclewizard77

    A Gift to Hershey Futures Traders

    It would be interesting for anyone who follows Jack, to put up even a recent 1 month p/l statement. Seems there are alot of people trying to trade it. I have my own method for forex, currently per a hedge fund's request I am including 1 year's worth of trading records to hopefully get a...
  19. oraclewizard77

    PFSW is a frustrating stock

    Good news does not seem to move the stock. Basically, my money seems to be dead money at this time even though the company has been profitable for 3 qtrs after being negative for many years. Makes you wonder if its worth investing in small cap stocks. With larger stocks you can use both...
  20. oraclewizard77

    AHG - Profitable Strategy for Struggling Traders

    Yes, it pisses me off to have both a long and short loser in the same day. Thankfully it does not happen very often but that was why I was in a drawdown beginning of march. I think when that happens, you need to look at the market, for me it usually means I got spiked out of both positions...
Back
Top