Search results

  1. oraclewizard77

    Advice/Comments on my TA Strategy

    Well, test it with a small amount of real money, and see how you do.
  2. oraclewizard77

    Front Running Predatory Programs Need To End!

    I have traded stocks, futures, and options. On liquid stocks or futures, I can either do limit or market orders, and get a reasonable fill. Only in options, do I see rip off prices if you were to do a market order If I think a stock or future is about to take off or crash down, I will...
  3. oraclewizard77

    CL Redux

    Well, last few days I have been trading like crap. I have Word document with trade rules, but it is so big I no longer read it, and think my problem is not being able to identify a correct trade recently since I was playing break outs in CL, but getting stopped out on chop. Also, was trying to...
  4. oraclewizard77

    CL Redux

    I had a good long signal, but because I had a fear of losing money I left some money on the table and killed my target early which I should not have done. Still I glad it was a profitable trade and that I was able to recognize the signal to get long. Also, at least I did not move my stop...
  5. oraclewizard77

    Prop for an FX trader

    There are no FX prop firms since they already give you more leverage than you actually require to trade currencies. The reason there are equity prop firms is that retail only gives you 50% margin or less plus requires $ 25,000 if you want to day trade. So my advice is finish your degree...
  6. oraclewizard77

    Countries like China that control their exchange rates “invite retaliation.”

    The truth is no all countries manipulate their exchange rate. For example, Japan intervened in the USD/JPY recently. UK and USA manipulate currency by lowering their interest rate to close to 0%. Trust me if the Fed were to raise interest rates, the USD would shoot up against all currencies...
  7. oraclewizard77

    Statistical anomaly or optimization opportunity?

    You figured out how I play black jack, in that like you I have noticed a statistical error in actual real world applications that don't support that each hand has a 50% chance of winning or losing if a certain number of hands have similar outcomes.
  8. oraclewizard77

    Help with Memory Upgrade

    I should mention I assumed that by Windows 7, Microsoft would have solved this issue, but after a blue screen of death, I realized that is was not solved. On all versions of Windows, under advanced system settings, performance, you need to adjust virtual memory. Note that I have Win 7 Pro...
  9. oraclewizard77

    Fundamental Vs. Technical

    When I trade bio tech stocks I look for FA only: 1) Insider buying 2) Safety (prefer 100% safe) 3) Effective (must be above the standard approved drugs) If I see all of this, I will be likely to invest since the win% will be higher than 50% and reward vs risk will be 2 to 1 or even...
  10. oraclewizard77

    Anybody is interested in collaboration of Matlab trading system?

    I would probably prefer to eventually find someone to code my system since I already have a profitable one so that it could trade 24 hours per day instead of when I watch the screen. Also, I would look to want to forward test it to gather statistics to market it to either a hedge fund or...
  11. oraclewizard77

    ES Journal Archive (2009 - 2010)

    By the way, I created a new indicator in my head but not sure how to place it on a chart unless I learn to program for Ninja Trader. Its a fairly easy indicator, and I can do it in my head so I am aware of it for example when it activates.
  12. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I kind of agree, and then used my indicators and charts to make a winning trade in CL and ES at the same time. I made $ 150, I guess this would be considered a scalp. My risk vs reward was equal on CL, on ES I originally had it at equal, however, after my CL trade closed at a profit I closed...
  13. oraclewizard77

    Weinstein Trading and Fading

    Good going Robert, it seems you have gotten more consistent. I am still working on that. I had a hard time waking up today, and I think it was fear of putting on a trade. I ended up break even + $ 12 for an overnight EUR/GBP trade and - $ 12 on ES short. Looking over my charts, I do see a...
  14. oraclewizard77

    IB "Can't find order with id" messing me up

    For trading ES, I like the new Zen-Fire 64 running on Mirus Live for Ninja 64 7 on Windows 7 64 all in native 64 mode to take advantage of my Intel quad core. It is faster than me, and I have seen nothing faster especially for ES. Note while they may say beta, it works fine, no bugs right now.
  15. oraclewizard77

    Adding & removing liquidity & fees

    You have to wonder if its possible to make money off of retail orders. For example, in IB, they list the limit sell for the $ 7.5 Jan call (Its a covered call since I own the stock) for NEP at $ .65. I see on Yahoo, its listing at $ .85 for the ask, and the bid is indeed $ .65. So I set limit...
  16. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Not bad trading today, I timed when I wanted to wake up perfectly to catch a trade long which I timed pretty good in that I got in the trade, I could have done more contracts for this ES trade but lately have been doing less contracts and trying for more ticks. Yesterday night, I setup a...
  17. oraclewizard77

    CL Redux

    Well, made a mistake of averaging into a losing short. Was down over $ 700, then made most of it back, by shorting for a .30 profit and then going long for a .20 profit. So while I am still down for the day, did pretty good job of holding onto winners to make it back. To prevent over trading...
  18. oraclewizard77

    Good book on E-mini futures

    Yes, there are a few good books, but you have to read many to find the few gems that apply to your personality. Also, most of those people saying that oh no they will not tell how they trade and give out their secret probably don't have any edge. Just like their are books to learn...
  19. oraclewizard77

    tothetick.com-support and resistance zones

    http://www.mypivots.com/dailynotes This is a free website for these levels so there is no reason to pay for this information.
Back
Top