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  1. oraclewizard77

    Microsoft will have a big Patch Tuesday

    One other issue I just found, is for some reason, Microsoft media player became the default player for .flv files. Now this would not be such a problem except for the fact that no sound was playing. I thought my computer was really messed up by the retards at Microsoft, but again simple...
  2. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I currently closed 2nd Euro short at a small profit since it looks like we are caught in a bullish Andrew's pitchfork. I see 1 other long ES trade that I missed in hindsight. I think I should have set a price alert to have me look at ES chart, but was focused on euro trade, and did not feel...
  3. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Much better day today. I went long ES when I confirmed it was not a false breakout, but when watching CNBC ticker for S&P realized that I kind of got into the trade a little late so took 1 point, but could have gotten at least 1.5. Then went in a Euro short after it was not able to break...
  4. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Made a few small mistakes ended down $ 96 but was down $ 180 before. Problem was I bought CL at the highs thinking it would go higher instead of buying earlier. Other issue, got stopped out of an ES trade right before it turned higher, I should have either added at that point, or put my stop...
  5. oraclewizard77

    CL Redux

    Good call. I was reading a report just now on how there is too much stock piles of oil, and so looked at my charts to confirm the negative report, and saw oil was indeed trending down. I scalped 10 ticks, could have gotten more if I timed my entry better, but took no heat on this trade as it...
  6. oraclewizard77

    Replicate expensive ETF yourselves?

    There is no problem with futures contracts. They are very simple to understand, and they are in fact backed up by the real assets. http://thedailywtf.com/Articles/Special-Delivery.aspx However, most traders don't want to stay invested in the trade until expiration.
  7. oraclewizard77

    Nvidia CUDA GPU technology.

    I would say NinjaTrader is ready right now even though it still says beta. The improvement is now you can run NinjaTrader 7 64 with a 64 bit data provider on Windows 7 64 Pro. The speed is amazing over ver 6.5 including the ability to chart more than just 2 different markets without the system...
  8. oraclewizard77

    Interactive Brokers Journal / Log

    What I am not sure how to do on IB, is to be able to see all past trades for a certain stock?
  9. oraclewizard77

    Microsoft will have a big Patch Tuesday

    I found a solution for a major problem with Windows 7 that is not including in this patch. If you have facial recognition software which seems to come with certain laptops, you may find that your system hangs and will not boot. I found this to be a problem. I am also an IT tech, so I went...
  10. oraclewizard77

    Giving up on day trading?

    1) There is nothing that is going to win 100% of the time. Market are sometimes random, they also trend, and also range. So you need to try to determine what type of day it is, and realize a RTM system will not work during a trend day. 2) Obviously, besides coming up with an edge which...
  11. oraclewizard77

    CL Redux

    Well, I would say I just should have woken up earlier. In hind sight, I do see some good trades that I could have taken. With 1 hour to go on a Friday, I am just not going to force a trade. This was another good week. I plan to re-read some books over the weekend.
  12. oraclewizard77

    Why do you believe in such things as wedges, triangles and inverted whatevers...

    Well, to be fair, you do then need money management for example risk vs reward per % risked per trade, and then psychology strength for example to not feel fear and greed yourself.
  13. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Made $ 165 real and around - $ 400 sim. After I stopped trading real, I made the usual mistakes in sim that I have made in both real and sim in the past. I had a price alert for 25.50 on the ES, saw it hit it and bounced, so chased with 2 contracts 26.50. Then I realized I set that alert to...
  14. oraclewizard77

    CL Redux

    I was shorting GBP/CAD real money, but decided to close it for a profit when my CL trade made money, but I think the better option would have been just to set my stop to BE, since it looks like the GBP continued to sell off. My goal was not to turn a winning day into a losing day by staying...
  15. oraclewizard77

    CL Redux

    Good trading. I was thinking what was I doing wrong in the past, and I really think it was letting my stops run and not my winners. Today, I went long on GBP, but when it broke through Andrew's pitchfork, and some of my other indicators reversed, I decided to take a 6 tick loss on the futures...
  16. oraclewizard77

    CL Redux

    Made a mistake on getting long CL during the dead zone when no one was trading. Set no stop or target, then went to a movie. When I came back, was down around 18 ticks on the trade. Decided to watch it for awhile, and saw it was going up. So then placed an OCO order, and then watched...
  17. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Small loss today due to moving my stop down since I changed the risk vs reward. Got stopped out, then market moved down. Need to leave room for trade to breath.
  18. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Target was in fact hit, should have left trade alone, after having money at risk, its much harder to do analysis correctly than before entering the trade. Still overall I don't feel that bad considering I was not going to trade today but then went to market, and spent money and then thought to...
  19. oraclewizard77

    Daytrader... VS... high-frequency trading

    I would not trade on their level, and instead swing trade for more points. For example, with the amount of volume they do and the discounted pricing for that volume, they can easily make money on 5 cent moves, whereas I would trade for more profit and use a wider stop then they use.
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