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  1. oraclewizard77

    Rogue Trader Nick Leeson Has A New Job In Finance

    Just think if he had used TA, that bank would still be in business. He must have been using some other system.... I wonder what system could cause such large losses......
  2. oraclewizard77

    Why are moderators posting so much?

    I agree, but the clown Marketsurfer can't take it when I point out the losses of his so called PD when he complains about TA. If you live in a glass house, then you should not throw stones. I have never deleted his posts, and I have every right to my view that he can not trade his way out of a...
  3. oraclewizard77

    The Jack Hershey Public Record Thread

    Just to let you know Jack, I never delete your stuff. I only delete the negative posts that psycho keeps posting with the picture of doll. If some other moderator moved your threads or deleted them, then I think they should no longer be allowed to moderate ET.
  4. oraclewizard77

    The Jack Hershey Public Record Thread

    A while back a real money trade was made by someone using Jack's methods and it was profitable. However, if you then just look at the chart, and apply some TA rules, you could have made the exact same money. So my suggestion is if you want to use his method, use a real time chart, annotate...
  5. oraclewizard77

    ES Journal - 2013

    Friday was pure bad trading. I chased a long trade which had no setup based on my rules. Then jumped into CL to make that trade back again with no plan or reason. So revenge traded and lost money. Later that day, got my head together and made back some of my loss but still broke my rules and...
  6. oraclewizard77

    Does Al brooks even use stop orders?

    Yes, his stops are the same size as his targets.
  7. oraclewizard77

    Surfer Alerts

    Look, if he is going to start multiple threads trashing TA traders while sneaking his website links until someone deletes them, then us TA traders have a right to post about his PD. That said I will give it a rest unless he starts polluting ET again with trash talking about TA.
  8. oraclewizard77

    Surfer Alerts

    For those of you who used TA instead of PD, today was positive. Again TA proves superior to PD, but without PD and other nonsense, we would not have people to help make us money.
  9. oraclewizard77

    Trader P/L 2013

    Ok, 1 week's worth of trades with a plan on new and hopefully final strategy for futures. It's called in control to remind me to stay in control and not revenge trade.
  10. oraclewizard77

    Why are moderators posting so much?

    You are right, but I agree with him about Marketsurfer. What's funny is Marketsurfer complained about other vendors in his thread when he does the same thing. I also corrected your quote for spelling errors. Your welcome. :-)
  11. oraclewizard77

    Surf's Special Situation Journal

    2006 +27.5% +7.8% (5%) +5.7% (1.2%) +1.4% +10.1% 2007 +4.3% +0.2% +6.8% (3.3%) (9.3%) (1.8%) +6.3% +1.3% +4.1% +1.7% +4.8% (2.8%) 2008 +4.9% These are the % returns per month of a system I managed for people. This is real money that I made on Forex...
  12. oraclewizard77

    Surf's Special Situation Journal

    Why not just use an annual statement? Picking random months is not proof. If he outperformed the S&P index, that is proof enough.
  13. oraclewizard77

    Realistic per futures contract per trade profitability

    Obviously there is black swan risk when you increase size which he did not hedge against. That being said. I could see $ 70/contract net profit in any futures you wanted to trade. Also remember the more contracts you trade, the lower your cost will be. For example you could lease a seat...
  14. oraclewizard77

    Is there someone who can explain Al Brook's H1 and H2 for me

    Brook's trades on a laptop. After my laptop had to be repaired I traded a bit on a desktop, and then seeing how crapping having a big screen really is in fooling one , I went back to my small screen of my laptop. Let's look at today's ES market. ES overall has been in a uptrend. So that is...
  15. oraclewizard77

    Intuition Amplifiers 2

    I think it depends on the time frame. On a longer time frame, one could use pens and paper to chart the market instead of a PC. On shorter time frames and day trading, you need to be able to anticipate price movements faster.
  16. oraclewizard77

    Surf's Special Situation Journal

    Demo accounts don't have commissions.
  17. oraclewizard77

    Surf's Special Situation Journal

    He likes to forget the losers, but it does not matter since I think most of his trades are demo.
  18. oraclewizard77

    CL Redux

    Well, my account got suspended and I got fined $ 200 for trading last day of crude even though I saw other people trading it. Sucks since I made money ever day this week trading ES and CL. They told me to switch a few days before it expires. Fine, but they don't need to fine me. If they...
  19. oraclewizard77

    how to hedge against oil price collapse?

    When you roll over, you will book your current profit or loss. Keep as small as possible as insurance.
  20. oraclewizard77

    how to hedge against oil price collapse?

    I would short CL. Start small number of contracts. Roll over each month. If CL crashes, you will make more than $ 250,000.
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