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  1. oraclewizard77

    How I stopped making the same mistakes in 2010 and started to make more money

    No, I am not wrong. When really bad stuff comes out against a stock, what you get is margin calls, because longer term investors are long the stock on margin. So as the stock goes lower, you get more margin calls unless the stock was heavily shorted which may provide support as short sellers...
  2. oraclewizard77

    Weinstein Trading and Fading

    Well Robert, its actually click a mouse rather than press a button. Its as hard as my human mind makes it be since taking winning trades is against human nature so I must force myself like going long at 1076 when yesterday I was afraid to go long at 1066. You can have it fully automated...
  3. oraclewizard77

    NoDoji's Day Trading Log

    Good job again NoDoji. I made a silly or stupid mistake yesterday, and went long and did not realize I was still in demo so while it was a winning trade, I did not make real money. I then had a chance to go long after hours, but decided not too since normally it would be trading on non TA...
  4. oraclewizard77

    How I stopped making the same mistakes in 2010 and started to make more money

    Looking at SWM, it went down due to poor earnings. Then it went down some more due to poor guidance. For those that don't understand, technical analysis is the study of price. Price is a reflection of FA and can be impacted by reports. So what you should have done before trading a stock...
  5. oraclewizard77

    Buyout rumor trading

    As you can see, 2 days before the story came out, there was large and unusual volume of shares being traded for the stock. Maybe this is the hedge fund getting positioned for when its story is going to come out. And when the story comes out, we see the stock spike up, which is then...
  6. oraclewizard77

    Buyout rumor trading

    Below is the date and story of the buyout rumor and also syncs to the day with the biggest volume of shares traded for the stock. http://www.foxbusiness.com/story/markets/industries/health-care/buyout-works-nwci-awarded-key-patent/ Friday, January 15, 2010 "Buyout in the Works" After...
  7. oraclewizard77

    Buyout rumor trading

    I want to give an example of trading that happened recently in a stock with a buyout rumor. We will look at NWCI.ob and volume. Date Open High Low Close Volume Adj Close* 10-Feb-10 1.56 1.63 1.56 1.60 134,600 1.60 9-Feb-10 1.58 1.61 1.56 1.57 187,200 1.57 8-Feb-10 1.67 1.80 1.49 1.58...
  8. oraclewizard77

    Buyout rumor trading

    Rumor of buyout is started by hedge fund which is pumping and then dumping a stock or real?
  9. oraclewizard77

    NoDoji's Day Trading Log

    Great trading. I felt today I was more lucky than good, but better to be lucky and make money, which I did just not what you are making. Congrats.
  10. oraclewizard77

    Weinstein Trading and Fading

    Hehe. That was too funny. :-)
  11. oraclewizard77

    has problems with this company Next Level Trading Capital, LLC

    I would guess you would need to first find where they went to. Then you would need to file a lawsuit. You may also want to conduct the SEC since they probably violated some federal laws. However, if they already spent your money, you are probably not getting it back. Think of it as a...
  12. oraclewizard77

    Weinstein Trading and Fading

    I know what you mean, Nicholas Cage just called me up, and he is having problems living on just $ 150,000 per month, complaining he had to sell some of his castles. I then explained that Jnorty only lives on $ 17,000/month, and he laughed and asked how can he even afford to feed his kids. :-)
  13. oraclewizard77

    Weinstein Trading and Fading

    Hi Robert, I would think TS has its own front end. Can you connect it to IB or put more money in a TS account and use it to trade stocks? I know TS has a bracket order system like Ninja since I used to use it to trade futures. Also, I heard some people have moved from TS to Multicharts...
  14. oraclewizard77

    Weinstein Trading and Fading

    Yes, I currently use Ninja to do this. They have a page in their support section on how to set it up. It is a little complicated but does not require programing. I would test it on demo 1st to make sure that it works exactly how you wanted. "I would like to be able to "push a button"...
  15. oraclewizard77

    Weinstein Trading and Fading

    Good job Robert, I knew you could do it! Personally, I have no problem with a larger losing day if I have mostly winning days. I also incorporated a new signal into my trading, but tested it small and it worked out. I then switched to demo for rest of day. Then I spent after market studying...
  16. oraclewizard77

    Ichimoku Kinko Hyo (or Huo)

    I have the Ichimoku cloud indicator on my ninja charts, does not seem to much for me, but looks pretty.
  17. oraclewizard77

    is Marc Faber wright in most cases?

    How to lose money when listening to others. http://online.barrons.com/article/SB124485808376511895.html
  18. oraclewizard77

    NoDoji's Day Trading Log

    I actually like your stop strategy, you been a master at it lately. Sometimes, I still rather average down a little and hold for a winner rather than taking a small loss. By taking your losses quickly and keeping your winners longer, you have been doing great. I actually think you should...
  19. oraclewizard77

    Weinstein Trading and Fading

    There is really nothing wrong with his strategy, he did not get enough sleep and made stupid mistakes. For example, trading a different stock than the one you thought you were trading was caused by sleep deprivation. Also, its always hard to hold winners and cut short losers especially if you...
  20. oraclewizard77

    Weinstein Trading and Fading

    Hey Robert, I went to sleep at 5:30 am, and then this girl in bed with me kept me up to 6:30 am. So although I could not sleep, I did not get out of bed to trade. Why did I not do this, well if its not in one of your books, the reason is trading requires you to be in a good state of mind and...
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