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  1. oraclewizard77

    NoDoji's Day Trading Log

    If you made profit for the day, that is all that matters. If you lose but took correct setups, then that is fine too. However, if you have a losing day, and it was because you did not follow your setups that is when to be mad at yourself. Feel free to post some trades in the es journal, I...
  2. oraclewizard77

    Starting from scratch

    Futures are much better to trade especially with Jack's method. The benefit being is that you can make money all day long. Only after you are trading over 100 contracts, switch to stocks for longer term returns.
  3. oraclewizard77

    ES Journal Archive (2009 - 2010)

    out 953.25, 953.50 got touched but not filled so brought profit target down.
  4. oraclewizard77

    ES Journal Archive (2009 - 2010)

    got back in at 952.50 target 953.50, stop not decided right now.
  5. oraclewizard77

    ES Journal Archive (2009 - 2010)

    stopped out 952.25 of remaining.
  6. oraclewizard77

    ES Journal Archive (2009 - 2010)

    1/2 off at 953.50, moved stop up.
  7. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Long 952.50, target 954.50, stop 950.50
  8. oraclewizard77

    is this a prop firm?

    Not sure why for example I as a trader would want your recommendations. I think you could offer say a desk fee for trading at your office, and then have a contract saying what max % of capital the trader can trade and what % of profits he or she will receive. I don't think you need to hire...
  9. oraclewizard77

    If you trade, this is all you really need

    I did not say not to run antivirus, but you need to run one that does not slow down the system, also if you are ONLY using the computer for trading and nothing else, you probably don't need anti-virus. I use my computer for more than trading, and I have not gotten a virus on it, also I was...
  10. oraclewizard77

    Verleger Sees $20 Oil This Year on ‘Devastating’ Glut: Cites China Weakness In Part

    So once you fill all these storage tanks, I think oil price will in fact fall from $ 60, I doubt $ 20, but we could see $ 40 http://www.businessinsider.com/china-says-it-isnt-stockpiling-oil-2009-6 Jay Yarow|Jun. 3, 2009, 8:18 AM|6 Print Tags: Oil, Energy, Commodities, China China...
  11. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I wish you would come back so I could trade opposite of your calls.
  12. oraclewizard77

    If edge is hard to get, why traders keep trading?

    1) You need to understand the rules for example only trade when x plus y occurs not just x, since only x + y = $. Only trading x reduces probability of success. Note: I traded only on x, and the market moved against me, and then I averaged into a trade finally turning it around since y did...
  13. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Add 935.50 target 937, stop 934
  14. oraclewizard77

    ES Journal Archive (2009 - 2010)

    L 936.50 target 938.50 stop 934.50
  15. oraclewizard77

    If you trade, this is all you really need

    This is really the best post here and I am computer pro. The only other things I would mention: 1) If you sometimes get poor internet service, work on connecting the computer to your cell phone or get a cell phone card as a backup. Use your cell phone to call the broker to kill the trade if...
  16. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Out 875 at profit.
  17. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Long 873.50 stop 871.75 target 876 for my runner trade of the day.
  18. oraclewizard77

    3 alternatives I am faced with

    If you tested your system and its net positive over the year for example, if you left it alone for a year, you would have made money, then you need to leave it alone. Just check your balance once a month if looking at open positions causes you so much pain. I am able to look at longer term...
  19. oraclewizard77

    BWolinsky Trading

    personally I like your cash cow system better if you can get it to work forward testing.
  20. oraclewizard77

    BWolinsky Trading

    I should warn you that my previous system was ranked in the top 10 systems in C2 and at one time I had over 40 subscribers.
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