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  1. oraclewizard77

    Drinking vodka and trading

    Drinking while trading indicates that you are having problems with identification of your setup and trust that it is a high probability trade. Instead you are gambling, and you drink to because you are not at peace with the amount of money you are risking per trade.
  2. oraclewizard77

    Help - Trading at Work

    It would seem possible. http://www.engadget.com/2009/05/18/microsofts-virtual-wifi-will-make-windows-7-wireless-adapters-d/
  3. oraclewizard77

    Help - Trading at Work

    You did not mention that you could take the computer out of the office. Anyway, here is another work around. Get a sprint 4g cellphone. Use the workaround that you can download from the Internet to be able to connect the phone to your laptop without paying Sprint $ 30/month extra. When...
  4. oraclewizard77

    Your suggestions about IB front end

    Ninja Trader is probably the best front end available right now. If you are a serious trader, I would strongly advise using it above anything else. You can benefit from native 64 bit automation and also some indicators built into. Note there is a learning curve but NT does offer some free...
  5. oraclewizard77

    A few health tips for traders...

    I am considering moving this thread to chit chat and/or closing it since it has wondered from health tips to hookers. Please avoid personal attacks on each other, and the OP should consider if he wants to just close the thread. I have deleted some posts do complaints from other traders...
  6. oraclewizard77

    Statistical analysis of Trades and Levels

    MNKD is now up over 5% in 1 day since I mentioned it here. Possible that its now FDA pre-approval run up, or maybe ET investors reading this thread decided to get long. I will be holding the options through Dec and into Jan looking for actual approval. At this point I wish I went heavy...
  7. oraclewizard77

    Help - Trading at Work

    I once had to take a class at Oracle. The bitches there did not want us to have internet access. It could be the same security. If so, you need to use a proxy server to bypass the firewall like I did to get full internet access. Once you find a proxy server you want to use, you put those...
  8. oraclewizard77

    Help - Trading at Work

    1) Break the admin account on your work computer, we had do that a few times as people brought in computers where they forgot the password. 2) Install the trading application on one of the servers at work, and connect to the server using a front end, or just trade at the server. 3) Bring...
  9. oraclewizard77

    Did something stupid, need advice

    http://blogs.reuters.com/felix-salmon/2010/09/14/trillium-wasnt-quote-stuffing/ Worse case, it will not be more than a $ 2 million fine that Trillium paid for layering. You should be able to make that up with a few good days of profit.
  10. oraclewizard77

    people who trade futures are extremely dumb...

    False. If you have a system, money management, and psychology you can trade futures with much less than $ 50,000. You don't need a PHD in math, but you do need to know some statistics and be able to calculate risk vs reward per trade based on win%.
  11. oraclewizard77

    people who trade futures are extremely dumb...

    True. I think a proverb says that a silent man may be only be thought a fool, until he opens his mouth, and removes all doubt.
  12. oraclewizard77

    Statistical analysis of Trades and Levels

    Let's look at one more for today, and then I will post levels for Friday later for your review. BBVA is a Spanish bank. Longer term 5 year chart shows that the stock has traded between $ 25/sh - $ 6/sh - $ 18/sh - $ 9.50 and is now trading above $ 10/sh. When BBVA went under $ 10/sh, I...
  13. oraclewizard77

    Statistical analysis of Trades and Levels

    Now lets look at creating a low risk option trade based on possible FDA approval. MNKD is looking for possible approval by the end of the month. I purchased 2 Jan 6 calls, and sold 1 Jan 10 call to help pay for trade. MNKD was delayed last time they were looking for approval. I selected Jan...
  14. oraclewizard77

    Statistical analysis of Trades and Levels

    This will be a thread concerning statistical bias in creating higher probability trades which can include stocks, options, and futures. Some real money positions will be discussed. Also we will look at trading levels for futures. ES for today. R4 1372.75 R3 1317.75 R2 1262.75 R1...
  15. oraclewizard77

    ES Journal Archive (2009 - 2010)

    However, if you are winning 65 - 75% of the time, then going for 1 point is fine. If you are winning 50%, then you could go for 1.5 stop and 2 point win or something like that.
  16. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I was shorting, and a 1st I was targeting 2 points real money, then I started to move my stop down, so I decided I would be fine with 1 points since I wanted to get short at a better price, but I could have gotten the 2 points. I am still fine with the trade since at least I held it when it 1st...
  17. oraclewizard77

    Suggestions on backup

    There is other software that does similar, I tried Microsoft privacy folders from Microsoft, but it did not work on Windows 7 pro. Amazing that Microsoft can't make their own applications compatible with their own operating system. What I do is read the license agreement before I install...
  18. oraclewizard77

    Mystery solved

    Or maybe there is a run on an Irish bank since those that have TV's see the news that Ireland is next on the hit list for speculators shorting the bonds due to debt concerns. So now the banks don't have enough euros to pay the customers who want there money back. Now the banks don't have...
  19. oraclewizard77

    Why is the book "Trading in the Zone" recommended

    But what if I told you to use a simple math based counting system to put the odds in your favor. 1) 789 = 0 2) 123456 = + 1 3) 10's, aces, and face cards = -1 When the count is in your favor on a single card deck, bet a higher amount. When the count is negative, bet a lower amount...
  20. oraclewizard77

    Suggestions on backup

    I would strongly suggest anyone who has important documents to back them up at least to either a thumb drive or an external hard drive since normal hard drives do go bad, also your computer could blow up or be stolen. While working as a tech, especially when I was in the east coast, we did have...
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