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  1. oraclewizard77

    Where does the newb start?

    1) Spend $ 5,000 - $ 8, 000 on a mentor. Or, put $ 5,000 - $ 10,000 in a brokerage account, start trading. When you blow up, put the rest in. 2) If you are lucky, in a few years you will learn to trade before losing the rest of your money. Good luck.
  2. oraclewizard77

    ES Journal - 2012

    Price never made it back to previous high. Short 1362, stop 1366, target 1358. Let's see what happens.
  3. oraclewizard77

    Cassie's Pictorium

    Emma
  4. oraclewizard77

    Cassie's Pictorium

    Miley
  5. oraclewizard77

    Which indicators do u use most

    The indicators I use are special and not standard. Also, I use NT which works as front end already on IB and most other platforms for free. The cost you pay is when you go live and/or for data feed.
  6. oraclewizard77

    Day trading is losers game

    Jack H has produced over a 1,000 pages for free. He recently called a short on open for the market that proved to be correct. Now no one likes anyone to be successful, but at least he is not going to charge you money to learn his method. However, it takes time to read over 1,000 pages and...
  7. oraclewizard77

    Universal Trend Trading

    For those who really have money to trade, you don't want to trade like this. Pay a little for a mentor, why waste all the time and money to lose 50% over 1 year. I had a simple Forex setup that once was number 1 in a tracking site for over a year. You don't need a complicated setup to make...
  8. oraclewizard77

    Thoughts on education?

    If you pay for education, and get a real trading setup, then its worth it. If the teacher did not have a real setup to teach, then not worth it.
  9. oraclewizard77

    Lifestyle of daytrader

    Or just play Diablo III all day and night like I do. One day I will kill Diablo. :-)
  10. oraclewizard77

    Tower Hill Trading Agreements

    From my understanding this company provides its own capital to someone that it will mentor who has graduated from a top university and plays sports. If you have your own money you can just trade futures or stocks. Obviously if they train you and spend money on you, they don't want you to...
  11. oraclewizard77

    Doaks Challenges Hershey

    So far in summary: JH is leading Doaks by one point from the call JH made to short the market at open. We have yet to receive any type of call from Doaks that can predict the price of anything before it occurs. JH vs Doaks 1 0 I will assume if we don't get a response...
  12. oraclewizard77

    no more forex trading in canada

    See if you can open a futures account with a futures brokerage and then trade currency futures, problem solved.
  13. oraclewizard77

    ES Journal - 2012

    51 - 42 = 9. But he had 2 contracts so 18 (2 x 9), but he lost some commission so probably 17.5 is correct.
  14. oraclewizard77

    Doaks Challenges Hershey

    Jack has called the market open to be short. So you all have time to verify that he was right or wrong. Right if the market sells off when it opens in the morning. Feel free to post your own calls BEFORE the market opens. My system actually needs the market to be open for awhile to predict...
  15. oraclewizard77

    How many hard-coded parameters in the Holy Grail?

    Noise is easy to define. Noise is a time frame where your trade setups no longer work. For me 1 min is noise. For some 1 second is noise. For other 1 nanosecond is noise.
  16. oraclewizard77

    What is your edge ?

    Yes, random patterns can trend, but the difference is that I doubt my indicators or PA would work on a pure random pattern. For example, lets assume black jack is random, and you are on a winning streak or winning trend, by being able to also count the cards and vary your bet size you are able...
  17. oraclewizard77

    What is your edge ?

    http://finance.yahoo.com/q/ta?s=AMZN&t=5y&l=on&z=l&q=l&p=&a=&c= This is the 5 year chart of AMZN. AMZN has a great business model. They are able to sell over the internet which reduces the need for retail outlets. They are able to offer free shipping to customers who buy a certain amount...
  18. oraclewizard77

    Futures Insurance Anyone?

    Put in the same insurance that stocks have like the SIPC. Why is that so hard? Yes, it probably means more paperwork and fees for the futures brokerages but at least it would provide some peace of mind...
  19. oraclewizard77

    Wendys is a gone-

    Carl's Jr is pretty good. I ate the barbecue chicken sandwich and the onion rings which are better than most sit down restaurants.
  20. oraclewizard77

    Merits of setting profit / loss targets, before entry

    I think setting profit / loss targets is fine. I don't like the scratch idea, since that means you will be monitoring the trade. I think if you set the target and then the stop, go do something else, then come back to your computer later to see what happened. Later on if you begin to notice...
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