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  1. oraclewizard77

    The Trader in Prison

    Before you take the 1st trade, realize how much money you will lose if you are wrong. If you can not accept that loss, trade small or do sim till you can accept the loss. This means have a stop loss either mental or hard. Next, on the same trade, you should have a min target and rules for...
  2. oraclewizard77

    Need your help in Education

    Trading is like playing poker. You get for example an ACE and King. You know that is a good hand, so you bet or call. An Ace comes on the turn, so you bet or call since your hand improved. We are not talking about bluffing since you as a retail trader don't have enough money to bluff the...
  3. oraclewizard77

    CL Redux

    For sake of example, lets call the long side the Lakers and the short side the Clippers. As we can see in after hours, the Clippers forced the Lakers back to their end zone which we will the call the EMA. At the EMA, the Oct CL Lakers which were doing well all day long, were the ones to bet...
  4. oraclewizard77

    ES Journal Archive (2011)

    Short ES 1190, stop around 1192.50, target around 1188.
  5. oraclewizard77

    Zen Fire Disaster

    I have no problem recently with zenfire 64 and NT 64 on Win 7 64. All versions I am using are 64.
  6. oraclewizard77

    Al Brooks Trading Best Pice Action

    For fun, I will post a real call with a stop and and price target based on my analysis of ProfLogic's system on the ES journal. You all can then say I made a mistake based on his rules, but you need to type what I did wrong. Of course if the trade makes a profit, maybe you should not say...
  7. oraclewizard77

    Emini Watch Better Indicators License - NinjaTrader $150

    The problem I have is I don't know if these indicators would improve my trading. Can you e-mail me a chart showing what these indicators do for example from the last day you used NT to trade real money. I do use NT 7. I will assume for sake of argument, that these are indicators you paid a...
  8. oraclewizard77

    Stress damage to traders

    There is only one solution. Whiskey.
  9. oraclewizard77

    Quick question about Microsoft..

    They hit a wall, they have Windows, Office, and Xbox. Nothing else they were working on was big enough. Also, the only thing they worked on during the Internet boom was IE, and it just does not make them money like Google can by integrating adds with Search. They still make a ton of money...
  10. oraclewizard77

    CL Redux

    Been breaking even the last few days. Would did myself into a hole losing $ 200 - $ 400, then dig myself out. Was down around $ 170 today, but finally turned that into a winning $ 147. It seems lately my 1st trades of the day suck. Don't know if I am not patient, or not waiting for a good...
  11. oraclewizard77

    Mathematically computing a trendline

    I think you can compute a trend ling using a time based chart. In NinjaTrader, my time based chart does automatically compute and draws trend lines, and also draws absolute HL, HH, LL, and LH My issue with the version of charting using ProfLogic indicator is that it will for example create...
  12. oraclewizard77

    False Trading Beliefs --- I know some, do you ?

    That you can trade. :-)
  13. oraclewizard77

    ES Journal Archive (2011)

    Well, I was planning on going long last night around 1289.50 with a 4 point stop and no target on hopes of a deal. Then I was watching TV, and they said even if a deal was passed, then senate would reject it, so I closed my long for 1 point profit although I could have gotten 2 points...
  14. oraclewizard77

    ES Journal Archive (2011)

    Went long 39, but was so scared only took 1 point of profit silly me.
  15. oraclewizard77

    ES Journal Archive (2011)

    I shorted at 1341.25, looking for a breakdown to around 1338. Reason for short was blow off top and LH. I should have waited for my indicator to at least point down or gotten in a little higher with a test of the LH. Stop was above chart top. This was a counter trend trade, and of course...
  16. oraclewizard77

    CL Redux

    I see some loose correlation to ES. Remember CL went down but ES did not, so that at least applies no major sell off. As ES finally went up, CL went up.
  17. oraclewizard77

    CL Redux

    Went long near bottom part of triangle, and missed target by a few ticks. Then got out of trade at BE. Saw ES was not breaking down, and had also made a HH, so went long ES, and also got back into CL. Got out of CL with a 6 tick loss as triangle broke, but this would have been a good time to...
  18. oraclewizard77

    How did you come across your edge? Accident? Refinement of an idea? Taught?

    I came up with 4 setups that I believe work. However, nothing is 100%. The goal is to not over trade, and to not revenge trade on days when the edge does not work. Some edges can be had by watching price action that has occurred previously on a chart to come up with patterns that duplicate...
  19. oraclewizard77

    Build Your Own - Step by Step ( i7 2600k)

    Thermal paste is the same thing. Looks like you already did it, so you are fine.
  20. oraclewizard77

    Build Your Own - Step by Step ( i7 2600k)

    When I built computers for clients, we added CPU heat sink paste after pacing the CPU on the mother board.
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