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  1. oraclewizard77

    Fannie Mae & Freddie Mac Shareholders Look Doomed

    Fannie Mae & Freddie Mac Shareholders Look Doomed (FNM, FRE) By Dividend.com Staff September 6th, 2008 Related Articles RELATED ARTICLES * Don't Bottom-Fish for Fannie Mae and Freddie Mac (FNM, FRE) * Dividend Payout Changes Today (BMI, ITW, CBC, FNM, RDN, VRS) * Fannie Mae...
  2. oraclewizard77

    Trading For Living - S&P 500 Market.

    You can just check yahoo finance if you want to see advances vs declines. This image is from today.
  3. oraclewizard77

    Price Action Journal V1.5

    I originally missed getting in on MGM at the bottom. I got in at $ 28/sh which looks to me like a pullback on a recent uptrend. The stock is currently around $ 33/sh. If you look at volume, you can see the spike of strong black volume when the stock finally hit its bottom low price. I...
  4. oraclewizard77

    Hedge Fund Strategies

    They see that too many people bought houses that they could not afford. Then they short the housing stocks. After that they naked short OSTK whenever it pops up. Finally, they start rumors that BSC is going down the tubes, then buy over $ 1 million in out the money puts, and make a $ billion.
  5. oraclewizard77

    It's Official: Microsoft Vista Sucks. Just ask Microsoft Execs.

    I decided to get Windows XP Pro for my Dell laptop instead of business Vista. It still comes with the Vista Business license and DVD. I have played around with Vista, and just found it to be to slow, need too many new applications and hardware to make it work, and don't like the buggy...
  6. oraclewizard77

    What Do You Want In A Trading Room

    My understanding is that his name is Ross and he already tried to post some systems on C2 and always failed. Also, he is such a pain in the ass, that he was set on ignore by most people, so he now comes here to bitch. Not that anyone is stupid enough to give him $ 250,000. As to what I want...
  7. oraclewizard77

    Why does no one here give detailed trading advice?

    I SpyTrader and Jack have gone to great effort to provide novice traders the road to success. They have never asked for money. They must fight a never ending battle against the scum who have lost all their money trading. Jack currently has more money than Donald Trump. He has purchased...
  8. oraclewizard77

    How often do the currencies move this fast?

    I was short EUR/JPY, and it went against me hard over night early this week. So unlike some here, I double down on the trade, and had no hard stop. I ended up making money on the trade, decent money, normal range money, but of course did not stay in for the insane money that some of you...
  9. oraclewizard77

    I Still Think Trading is Easy

    Yes, its possible to get to a place where you can do other things, but you need to check on things throughout the day, and you may miss setups. I would also suggest that if you get yourself into a draw down, stop trading for a few days, and review your mistakes to see how you could do things...
  10. oraclewizard77

    Only 1 Futures Daytrade per day: $200-$1,000 profit goal per day

    Yes, revenge trading is a big problem. I have decided on 1 trade per time period, and if in the morning I have lost money to wait till the next time period to trade.
  11. oraclewizard77

    Flight to quality = buy crude oil

    CEO at $ 80 oil is supposed to be worth $ 185/sh. Since oil is over $ 100 and if if China floats their currency, you are looking at a $ 200/sh stock. I bought it today around the low's of $ 152/sh. So you get a free pick from me. I will try to post back here when its at $ 185/sh.
  12. oraclewizard77

    Ideas for struggling traders

    Do you mean that the envelope is between the 2 moving averages, or are you talking about creating squares? Anyway, if you ever want to share some stuff, I am willing to share with other real traders but not on messages in a public forum, and I don't want my stuff given out to anyone except...
  13. oraclewizard77

    Ideas for struggling traders

    Hi Steve, Can you explain what setting you use to create the blue and white line and do you use them for overall trend analysis? Thanks,
  14. oraclewizard77

    What do you think about my strategy?

    If you have a 5 pip win and a 10 pip stop and a 90% win ratio, then you are fine. If you end up converting small losses into big losses, you are revenge trading. Psychological issues are one of the main reasons there are not more traders.
  15. oraclewizard77

    Should I quit?

    It depends if you can automate your system or not. I have some of the similar problems in that I revenge trade, increase lot size, break rules, and fight the trend. You need to come up with some money management rules not just trading rules, and follow them. For example, how much are...
  16. oraclewizard77

    Jittery feeling before and while in trade

    Well, I put my business plan into effect. For example, I wrote down my trading rules. I decided to stop trading for the day after a loss. Big problem for me is that I want to try to make back the loss and will increase contracts which means a 2nd bigger loss. If I follow the rules, the...
  17. oraclewizard77

    Jittery feeling before and while in trade

    You ever get a jittery feeling when you are in a trade or before the trade?
  18. oraclewizard77

    Paying YOU $10,000-$50,000 Cash Bounty to hook me up with the right firm

    Yes, thanks for the call. Why don't you just form your own group of traders and set the rules of the group how you want them to be if you don't want to trade by yourself instead of trying to fit into someone else's structure.
  19. oraclewizard77

    The Coming Renationalization of Petrobras.

    Yes, I agree with you that investing in corn by using government money in the United States was stupid and all it accomplished was the increase in the price of food. Our government is more stupid and wasteful than other governments on how to allocate resources. That is why they should not be...
  20. oraclewizard77

    Goldman sachs preferreds, screaming buy?

    Do you think after they report earnings and for example the preferred on Freddie and Fannie get downgraded, they are worth buying? Or if not, besides GS, what is a good preferred, that contains a little risk, but strong reward? By the way, I like HRD-PD right now since they are receiving...
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