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  1. oraclewizard77

    I'm basic and have a question about CL

    It really depends on the broker but I would say 1 contract per $ 1,000 off the top of my head, and 1 ES contract for $ 500. These are intraday rates.
  2. oraclewizard77

    Possible bidding war on NEOP.ob

    http://shortsqueeze.com/?symbol=neop&submit=Short+Quote%99 It also looks like there are some shorts that are currently trapped in the stock. There are no options available for this company, so it looks like they were not able to hedge their shorts by buying calls. I think they were...
  3. oraclewizard77

    Possible bidding war on NEOP.ob

    http://www.cnbc.com/id/39948457?__source=yahoo|headline|quote|text|&par=yahoo I have invested real money in this stock. The drug is both safe and effective. FDA approval is one catalyst for higher stock price for current phase III drug, plus they have another blockbuster in their...
  4. oraclewizard77

    Acronis clone question

    I used both Acronis and Norton Ghost. I like Acronis for a fast clone of the hard drive, and I like Ghost for backup.
  5. oraclewizard77

    Evil Record Labels Awarded $62K per Song From Mom

    So, don't you think the artist who wrote the song that you like is entitled to some money? However, I also think the verdict is insane, the value of songs is just $ 1 per song, so maybe that plus a $ 3,000 penalty. This reminds me of the teens who stripped at McDonald's because someone called...
  6. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Small loss for the day of .75. I got in a little late long, the market did not seem to want to go up any further, so I rather take the loss now then let it hit my stop.
  7. oraclewizard77

    Trying to help a relative who got ripped off

    If he invested just $ 5,000, he could go to small claims court. If he invested over $ 100,000, then yes hire an attorney. All he needs is proof of investment. Sometimes a lawyer just writing to demand payment can help. Most people will not go all the way to trial, do you think they want to...
  8. oraclewizard77

    CL Redux

    On my 1st short, I had conflicting signals with my indicator. By the time I took the trade, I realized I was too close to a possible reversal, and killed the trade for a small profit. At this point, my mistake was not then looking for a long reversal, instead I was disgusted with myself for...
  9. oraclewizard77

    CL Redux

    After being down close to $ 500 real money, I clawed my way back to plus $ 100 real money on all account. Playing after Fed dec was insane and probably not something I will do again. I think better to wait for market to settle a little 1st.
  10. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Long AUD/USD as hedge against my put. I also like they are creating a carry trade since they have raised their interest rate.
  11. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I bought the SPY 119 NOV put, looking for a sell off this week.
  12. oraclewizard77

    Australia Surprises With Rate Hike!!!!!!!!!!!!!!!!!

    I want to thank you for reporting this. I checked my charts, and placed a limit order for a long trade, then went to the gym. When I got back, I was already out at a very nice profit since I was not able to trade this morning due to over sleeping.
  13. oraclewizard77

    Hard Stops vs Mental Stops

    I am curious about your risk vs reward. Do you have an equal stop vs profit target, or is it based more on the chart, or is it standard.
  14. oraclewizard77

    Vaccine H1N1 did it had an effect on your trading ?

    I did get the shot since I usually get a shot every other year, but now thinking about it, I am not sure if you are a healthy adult what are the benefits of getting the shot.
  15. oraclewizard77

    Working on Consistent Profitability

    You should post a chart of you CL trades. On the ES chart, it looked like you tried to get in a breakout before it occurred, instead it looked like it was trading between DT and DB. This was the previous chart, on your good long ES trade, that was pretty good.
  16. oraclewizard77

    CL Redux

    Wow so much is clear in hindsight, I felt CL had reversed but managed to lose $ 460 in sim, part of that for trying to fade ES with NO confirmation from indicator. 2nd issue was I went long on CL but stop was too tight based on chart, so stopped. 3rd trade long on CL finally worked, but could...
  17. oraclewizard77

    CL Redux

    I went to the bathroom, when I came back I read this which was helpful, but really I also got a long breakout signal. We had a lot of room to run back up so took it for a swing rather than a scalp. My risk vs reward on the trade was very decent, and I was able to not move stops or targets by...
  18. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I think the issue was 2 fold. The good news was that I recognized a valid setup. Also, although I had losing trades all of this week on the 1st trade, I did not let this affect me placing real money since as noted this was a valid setup, whereas the other trades in hindsight were not because...
  19. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I am pissed off at myself, moved my target down instead of leaving it alone. Got 1/2 the profit I would have gotten.
  20. oraclewizard77

    HP laptop LCD screen display issue - intermittent

    LCD screens can be replaced and its much less the cost of buying a new laptop, as noted as long as its under warranty, this will be free to do so if it happens again, do send it in for repair.
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