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  1. oraclewizard77

    Advice to Beginners!

    Get a day job, stop trading, you don't know how to trade. Try to meet some girls at night. The secret to trading is very similar to the movie "21". You find an edge that allows you to print money.
  2. oraclewizard77

    One Trade at a Time

    How can you read A Brook's and say candles are meaningless? Each bar is important according to the book. However, take a look at the engulfing candle after the 2nd HL. An engulfing green candle is just what you think it is. It basically is bigger than the proceeding red candle. This...
  3. oraclewizard77

    ES Journal - 2012

    Good trade, I did not enter long around that area due to speed of sell off was scary. Personally, looking back at chart, I may have been counter trading a bit for my longs. What's funny is I did one short on ES earlier today and got stopped out right when it reversed hard. Looking back at...
  4. oraclewizard77

    ES Journal - 2012

    Well, this was my best week ever, no losing days Sun - Fri. I will talk about my last trade. For CL I am filled at the bottom, and then it goes up, comes back down, I get scared and take a 4 tick loss only for it to go back up. I did not leave my trade enough room to breath. So I am not...
  5. oraclewizard77

    CL Redux

    I have not had a losing trade this week. However, my problem is determining how far to make my target. Just now I made money on a scalp. If I held it longer I would have lost money since it came back. Also, I need to remember not to over trade so I can continue to take just good trades. I...
  6. oraclewizard77

    CL Redux

    Yes, I have been having this problem with CL. What I try to do to get my charts to work is to switch between use 24/7 use default for data source.
  7. oraclewizard77

    CL Redux

    Well sometimes it's easy to trade. Today was that day. Looked at all the news reports, all basically negative so my bias slightly negative. Waiting for my setup for CL March 2012 contract. Chart not working for example not printing candles, I don't care watching DOM and something else for...
  8. oraclewizard77

    CL Redux

    My new system allows me to sometimes profit even when I trade against the trend. However, for example today, I made a scalping profit long which was the trend, but the market kept going up. I am not sure what the solution is. I need to decide to be willingly to take a small loss in order to...
  9. oraclewizard77

    CL Redux

    Good trade. I have been trading badly today, but did a perfect short in after hours for a scalp.
  10. oraclewizard77

    Impossible to log out of elitetrader

    There is a slight trading edge of doing the reverse trade of any trade posted here.
  11. oraclewizard77

    2011: Rebuilding My Battered Account

    Sorry, at this point I have redeveloped my indicators and trade setups, so I am not going to give screen shots out since this cost too much time and money on my part. In the future, if some few traders wish to sign contracts for mentoring, then I may give them the indicators and setups or if a...
  12. oraclewizard77

    2011: Rebuilding My Battered Account

    Here is the NT report for Thur and Fir. I did not follow plan, I should have either traded more contracts and/or held longer, but both were winning days.
  13. oraclewizard77

    What Really Turned My Trading Around

    For fun, I will analyze the 1st chart using PA, but normally would have my indicator to help confirm direction. Also, as noted, I am doing analyze after the fact, not on the hard right edge which is what needs to be done in real time. In the 1st chart, the market is in a range. Profits can...
  14. oraclewizard77

    Oil gives power to Saudi Arabia but its still living in the 14th century.

    DUBAI (Reuters) - Rights group Amnesty International has described as "deeply shocking" Saudi Arabia's beheading of a woman convicted on charges of "sorcery and witchcraft," saying it underlined the urgent need to end executions in the kingdom. Saudi national Amina bint Abdul Halim bin Salem...
  15. oraclewizard77

    CL Redux

    Perfect setup, then I psyched myself up. I was trying to move stop up, and instead stopped myself out at a very small profit on a long trade. So being pissed, I decide to go long ES to get my profit there. ES goes .50 against me. I had a longer target, and then I moved up stop and...
  16. oraclewizard77

    FS: VM Hosts / Private Cloud - 3x Dell T7400 with 180+ VM's $27k obo

    I would be willing to pay $ 100 plus shipping for one of your used computers. I think this is a very fair price. Plus I will throw in one used Maxim magazine. This magazine when new sold for good money. Now used its probably worth $ 10,000.
  17. oraclewizard77

    2011: Rebuilding My Battered Account

    Jon Stevens Corzine (born January 1, 1947) is the former CEO of Goldman Sachs and he made a stupid 40 to 1 over leveraged bet on European debt that blew up MF Global. So how smart are these traders? Not very.
  18. oraclewizard77

    2011: Rebuilding My Battered Account

    As noted, their code got stolen, it took time for other companies to develop counter measures. You again can't have it both ways, they either have made money from spreads and HFT, or they lost money from spreads and HFT. So we look at why are they losing money now, and we see that their...
  19. oraclewizard77

    CL Redux

    I think this is one of the first times I did not quit after winning on the first trade. I shorted with trend and took a scalp win could have gotten much more if I held longer. Shorted again based on my setup. Then finally took a counter trend trade long again with confirmations. 3 winners...
  20. oraclewizard77

    2011: Rebuilding My Battered Account

    http://www.fool.com/investing/dividends-income/2009/08/07/how-does-goldman-make-so-much-money.aspx "You've probably heard by now that Goldman Sachs (NYSE: GS ) shot the lights out last quarter. In its 10-Q, released earlier this week, the investment bank shows just how successfully it's...
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