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  1. oraclewizard77

    prop firm with 2500 risk deposit?

    You could go to Las Vegas and put it on black, if you win, you will then have enough money to trade.
  2. oraclewizard77

    Store OHLCV data in MySql database.

    For those complaining about this message, I don't feel it violates terms of service, so I will not be deleting it, as far as I know PocketChange does not work for this company and is not trying to spam.
  3. oraclewizard77

    CL Redux

    Yes trading June near end of day, 1st order, putting stop above high of day would have worked. Last order short, putting stop above high of day would not have given me enough reward vs the risk, but I did have stop above more recent candle highs. Channel Trend Lines on a higher time chart...
  4. oraclewizard77

    CL Redux

    Ok, I posted a 5 min chart since that is what you use. These were sell stop order at the start. Pink was market getting me into the order, blue was market taking me out of the order at a loss. I did do one long order after my short order got stopped out, and then the long order got...
  5. oraclewizard77

    CL Redux

    Kept trying to short CL with a 8 - 10 tick stop on break of candle around 85.10 and kept getting stopped out. For example, saw CL at 85.25, put a limit order in at 85.15 with a 8 tick stop hoping to catch a breakdown. As soon as order fills, market goes back up and stops me out. Finally, I...
  6. oraclewizard77

    Trading with yourself

    My understanding is you get deported to Greece, so be careful. :-)
  7. oraclewizard77

    anyone trade with www.nadex.com ?

    Yes, please explain how I get paid on the spreads. It was a fine day for me since I made $ 100 real money scalping oil in cl futures and only lost demo money on this platform while I am learning to use it. Thanks in advance.
  8. oraclewizard77

    anyone trade with www.nadex.com ?

    From 1st day of using Nadex demo Issue with oil per trying to trade a binary contract was the following: 1) It closes at 2:30 pm NYT whereas you can trade electronic future contract til 4 pm without issues. 2) Charts and service I use for CL are in June, oil was quoted in May 3)...
  9. oraclewizard77

    Common mistakes of Investors

    I am going to talk about investing mistakes. 1) All in margin in one stock. 2) Diversification in just one sector. 3) Selling winners and holding losers. 4) Selling when there is blood in the streets and buying when everyone is happy. (Warren Buffet does the opposite and so far it...
  10. oraclewizard77

    CL Redux

    Hey, Nodoji, I was waiting to get in around 85.00 saw spike at 85.07 and chased it and ended up getting long 15 ticks higher. So I added another contract on retest, and since I had some fear since I now had 2 contracts, I took 1 out basically at BE of 2 contract price while allowing 2nd to...
  11. oraclewizard77

    What's your Trading System??

    I think giving a trading system for free, the student does not respect it. He or she will change the rules or not follow them correctly and end up losing money and blaming you. I could call out winning trades for free and you would still lose money and end up blaming me or getting upset since...
  12. oraclewizard77

    Talked to a principal the other day.

    I think the problem is not the $ but the discipline. 1) Have a dress code till college. 2) Allow teachers to whack kids with long rulers and break up fights. 3) Allow principles to expel kids for not following the rules, including being quiet in class, not harassing other students, and...
  13. oraclewizard77

    newbie looking for virtual mentor/ mentors

    Take a look at DRWI, I have a position trade in at $ 9.40 and its at $ 10.50 now with large short interest. I think with the battles between the longs and shorts, it could be fun to trade during the day if you are scalping. I day trade futures, but if I were day trading stocks, I would do...
  14. oraclewizard77

    Building your own trading computer

    Really its not worth building your own computer unless its your hobby. For example, if you are buying a PC and wait for a good deal, sometimes they will throw in the monitor in for free. For support, I had a Dell Vostro 1510 Laptop with 1 year warranty, however the Nivida video card...
  15. oraclewizard77

    anyone trade with www.nadex.com ?

    Very interesting. I will check them out on demo. Also, I could see it as a way to hedge your bet on es futures. Say you go long es, and instead of having a fixed stop, you go short on nadex. Also, one question I am wondering is if say it goes 1 tick beyond your target price on nadex, does...
  16. oraclewizard77

    I am re-shorting AAPL

    I have an old palm cell phone, my contract has already expired, but I am waiting for this new IPhone with multitasking to come out on 4 G, and I will buy it.
  17. oraclewizard77

    I am re-shorting AAPL

    While I may not buy the IPAD since I like just using a Windows laptop, you need to focus on the facts while investing or trading. When both the facts and price show the opposite, then kill the trade. A stock making higher 52 week highs has no resistance, eventually it may pullback, but I don't...
  18. oraclewizard77

    Building your own trading computer

    Or if you find a trusted local computer store, you give them the specs of want you want, and they build it including giving you a 1 year warranty. At the place I used to work at, yes, we could have beaten that price and included the warranty. The reason why both Dell, HP, and local stores...
  19. oraclewizard77

    Can NinjaTrader be trusted?

    I should be able to start trading with ver 7 of NT in a few weeks as soon as my new laptop with Windows 7 pro arrives. The only thing I don't like about NT on my home computer is that I have to keep it on for my strategies to work, so overnight trading is not something I can do and have a...
  20. oraclewizard77

    Volume

    All you have to understand about trading is the following: Do not try and bend the volume. That's impossible. Instead... only try to realize the truth. There is no volume. Then you'll see, that it is not the volume that bends, it is only the price.
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