Search results

  1. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Broke even for day, upset with myself that I took last trade sim when it would have made me money.
  2. oraclewizard77

    Am I reading Zumo comissions correct?

    Can you use ninja trader? If not then maybe have 2 broker accounts? Also, is the intra-day for es $ 500 margin per contract like my other broker mirus futures?
  3. oraclewizard77

    Iterative Refinement

    Jack made a real time call before the market opened, I used real money, and made some money. So, yes, Jack's methods work fine especially if you have multiple confirmations like he did. I just wish I sold more es futures and held longer. I am more than happy to forward the e-mail to anyone...
  4. oraclewizard77

    Which real live future trading room I should choose?

    Just curious, which room are you paying $ 300 per month that keeps doing these stupid trades? I guess the other option not mentioned here, is you could also scale out if you are not sure that the trend is going to continue in your favor. I got a free e-mail from Jack, so I woke up early...
  5. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I took a small scalp short and made money. Used my own system, but did have short basis due to Jack's prediction. "trading ES tomorrow Tomorrow will be great trading on the ES. The market will roll short on the open. See below End of Bull retrace FYI The four FTT's were put in...
  6. oraclewizard77

    best trend confirmation indicators

    Well, hopefully, we get a few live trades called here. I am interested. Most of these challenges, someone just chickens out.:cool:
  7. oraclewizard77

    ES Journal Archive (2009 - 2010)

    or translated as why does he make so many good calls, and I can't make a single good call here, he must be cheating, I am so green
  8. oraclewizard77

    "Risk is not high, it is extreme."

    One can be right but the market can be irrational longer than you can be solvent. I personally think the market is due for a good sized pullback, but since I trade during the day, I base trades on price action for that day. Also, remember there is always someone better and richer than you...
  9. oraclewizard77

    NoDoji's Day Trading Log

    You are going to need to keep track or your win% on es. If you are a scalper with a 90% win ratio, then a 5 point stop is fine. I have around a 65% win ratio on the es and try to keep my stops around equal to the profit I am trying to achieve. Also, not trading many contracts do to trying...
  10. oraclewizard77

    Forex Daytrading a Losing game?

    Exactly, plus using a filter to filter out bad trades, and watching how the market reacts to certain indicators over the next 3 - 6 years on a daily basis may help someone understand what happens in real time. Just using standard ta does not work, but price action combined with ta works...
  11. oraclewizard77

    Fantasy Futures

    If you look at his charts, it pretty easy to reverse engineer what hes doing. Not a bad system, is it fully automated?
  12. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Broke even today plus a little positive. On a order, I chased a little and entered market instead of limit on dom. I took the stop on that order rather than averaging down, although if I averaged down that would have worked. Rest of the day was fine, amazing what you see in hindsight on...
  13. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Did ok with 2 trade long scalps. 1st trade got in too early, but stop did not get hit so since the market already fell too far, I reduced target price since I felt it could not go up enough due to bad price entry. 2nd trade long, instead of buying at market or with limit, I bought with a...
  14. oraclewizard77

    Forex Is A Scam

    If you believe currency is going up over the long time frame, you could have a week or month trade open instead of scalping. If scalping with larger amounts of money, I would suggest currency futures are better since brokers can not play games like trading against you and using fake data feeds.
  15. oraclewizard77

    BWolinsky Trading

    The reason you don't skip is called market risk. Assume the market goes up or down in a big move and you are on the wrong side of the trade, you are going to get hurt. To avoid this problem, one can day trade after reports are out speculating on market direction. Assuming you have an...
  16. oraclewizard77

    Is shorting a dead end street?

    Ok, thanks. I also saw http://www.valuezonetrading.com/ninjaindicators.html that they have tpo charts for $ 250 for ninja trader. Obviously, it may be that the free one is just as good. Of course $ 250 is not that much if it provides market profile, and then I buy a book on how to...
  17. oraclewizard77

    Is shorting a dead end street?

    I also use ninja trader, what is the best way to add market profile to ninja trader at a reasonable cost?
  18. oraclewizard77

    Is shorting a dead end street?

    Market was trending higher since this morning, and then was bouncing around 1036 to 1038. Was able to grab 1 point on long side with 1 point stop. I have to say FB123 your information about trend is helping me, I have not had a losing trade since listening to you. Also, have been better at...
  19. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Its very possible that some larger traders know they have some shorts trapped at much lower prices, and plan to keep moving the market up until either the shorts receive a margin call or their stops get hit. So we could go to 1100 without meaningful pullbacks to prevent the shorts from...
  20. oraclewizard77

    ES Journal Archive (2009 - 2010)

    As we can see, the market did go even higher than I thought. This is where if I had some runners, I could have made 1 point on 1st contract and 2 points on 2nd contract.
Back
Top