Short-term trading with Oscar

Quote from Trader0062:




09-07-07 04:06 PM
That close definitely took away from my profits today

HolyGrail

Registered: Jul 2006
Posts: 1414



09-07-07 11:40 AM
Long at 58.75

HolyGrail

Registered: Jul 2006
Posts: 1414



09-07-07 01:13 PM
Looking to short at 68-70. May have missed my opportunity at 67

HolyGrail

Registered: Jul 2006
Posts: 1414



09-07-07 01:40 PM
could be a mistake, but long at 61


Nice trading holy*&^%

Looks like you can use some advice from reading you past post. Dam you lose a lot
More...

I see you take things out of context. I said "the close took away some of profits but all and all it was a VERY NICE DAY.

All of my other quotes you posted I made money. 3 points per contract on my first trade. 2.5 points on the next. 1.5 point per contract on 4 other trades, and at the end of the day I lost 2 points per contract.

Just because you NEED someone to TELL you how to trade don't blame it on me. Just face it. You're a loser that cannot figure trading out for yourself. Just keep paying Oscar, because I can assure you it is the only way he can make money. It's certainly not from his trading in the market.
 
Quote from rcanfiel:

I took a look at Oscar's recent OMNIs.

I get this:

9/6 no S&P call
9/5 LONG - market down about 8 S&P points
9/1 no S&P call
8/31 no S&P call
8/30 no S&P call
8/29 SHORT - market up about 17 S&P points
8/28 no S&P call
8/27 LONG - market down about 5.5 S&P points
8/24 SHORT - market up about 14.4 S&P points
lost interest before this. OMNIACs will likely be jumping on this anyway...

NO rcanfiel if you had any brains this is how the OMNI trades!! The markets DO NOT TRADE IN ONE DIRECTION ALL DAY!!!

As you have been told many times it is not by the open and close you fool can't you get a simple little thing like this!!!! Go back to math school dude your math is a told bust!

Short Term Trading Live with Oscar GOLD MEMBER
September 10, 2007, 10:20 am EDT

Oscar at Futurestraders.com has sent 1 Daily OMNI(s)
TRADE DATE:
GO TO OSCAR'S OMNI PAGE NOW!
*******************************************************
3rd FLASH UPDATE
S&P 500 & EMINI 10:18:50 AM EDT:
Take profit right here at market.
Last trade - 1454.00
Be sure to cancel your buy stops after you are filled

Nice trading OMNIACS

*******************************************************
*******************************************************
2nd FLASH UPDATE
S&P 500 & EMINI 04:38:40 AM EDT:
We are now filled on a couple of our Scale sell orders in ESU7 at 1459.25 and 1459.50
Last trade = 1460.25
Go to the market on the balance of your scale sell orders right here
I will keep you informed

*******************************************************
*******************************************************
1st FLASH UPDATE
S&P 500 & EMINI 03:16:40 AM EDT:
We are beginning to scale sell into this short position right here from 1459.00 up to 1462.00
Last trade = 1459.00
Keep your stops in place
I will keep you informed

*******************************************************
============================================================
S&P 500 & EMINI (ESU7) September 07

Enter an order to sell (ESU7) at 1462.00 MIT
Place your protective buy stops ABOVE 1474.00
OMNI profit objective is 1435.50
Else, exit by the close

NEVER TRADE COMMODITY FUTURES MARKETS WITHOUT PROTECTIVE STOPS LOSS ORDERS IN PLACE.

NOTE: ENTER ALL LIMIT ORDERS MIT (MARKET IF TOUCHED) WHEREVER TRADING PLATFORMS ALLOW.
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Quote from Trader0062:

Short Term Trading Live with Oscar GOLD MEMBER
September 10, 2007, 10:20 am EDT

Oscar at Futurestraders.com has sent 1 Daily OMNI(s)
TRADE DATE:
GO TO OSCAR'S OMNI PAGE NOW!
******************************************************

DUH. My name is Trader0062, and I am Oscar's sock puppet. My job is to say stupid things, and defend the indefensible...

DUH!!!!!
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Oscar frequently makes good calls
(he made one today)
Oscar also makes bad calls

It doesn't matter.

He isn't teaching people the process he goes through to make his particular calls. The OMNI is a proprietary indicator. As such, it is useless to students. It teaches nothing about the process of anticipating or forecasting a market. Oscar makes pretty specific calls, and he could be the best trader in the world. He doesn't show the process he goes through to get his particular pivots, etc.

Eventually, traders have to stand on their own.
 
Quote from xiaodre:

Oscar frequently makes good calls
(he made one today)
Oscar also makes bad calls

It doesn't matter.

He isn't teaching people the process he goes through to make his particular calls. The OMNI is a proprietary indicator. As such, it is useless to students. It teaches nothing about the process of anticipating or forecasting a market. Oscar makes pretty specific calls, and he could be the best trader in the world. He doesn't show the process he goes through to get his particular pivots, etc.

Eventually, traders have to stand on their own.
More...



You incorrect,

Oscar has a VIP membership and also has a daily webinar on his site. Where he teaches other traders on how he reaches his trades he uses a live web cam to communicates to his members on his site.



and you are correct Oscar does have winning and losing trades as any good trader does. No trader wins all the time.
 
I know about the videos, I like them.

I'm correct about the OMNI. It's a proprietary indicator. I'm correct about Oscar's pivots. He doesn't say how he reaches his specific pivots.

The rest is my opinion, but its common sense. In order to learn, you have to understand the processes. Black box systems don't teach traders how to trade.
 
Quote from xiaodre:

I know about the videos, I like them.

I'm correct about the OMNI. It's a proprietary indicator. I'm correct about Oscar's pivots. He doesn't say how he reaches his specific pivots.

The rest is my opinion, but its common sense. In order to learn, you have to understand the processes. Black box systems don't teach traders how to trade.
More...


xiaode,

(He doesn't say how he reaches his specific pivots.)

It sounds like you are a past user of the site. The site has added new features which you should check out then maybe you will understand more on how Oscar reaches his trades.


(Black box systems don't teach traders how to trade.)

No black box teaching it is all Oscar doing the teaching . Just check it out you will see what I am talking about read the comments in the forums on how he has helped many traders as you can see here some have a agenda here but if you you really want to know you need to see for yourself and not from me or the others that have no idea what they are saying and the guy that needs to go back to math class.
 
Quote from rcanfiel:

Quote from Trader0062:

Short Term Trading Live with Oscar GOLD MEMBER
September 10, 2007, 10:20 am EDT

Oscar at Futurestraders.com has sent 1 Daily OMNI(s)
TRADE DATE:
GO TO OSCAR'S OMNI PAGE NOW!
******************************************************

DUH. My name is Trader0062, and I am Oscar's sock puppet. My job is to say stupid things, and defend the indefensible...

DUH!!!!!
More...

I'm starting to believe he may be OSCAR.:D

Hey, I say if you want to pay someone to learn how to trade then more power to ya. My only problem is that I would think it would be IMPORTANT to have a SUCCESSFUL mentor, as opposed to Oscar. I guess if you normally trade worse than Oscar then one would be improving their situation by paying him, but then again, one could be improving their situation by not trading at all.
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HolyGrail,


I have seen your track record and I think you are in no position to judge.

The real people that should judge is the people that have been using Oscar and you can see what they have to say at his site. Not the few here that talk out of there ass.
 
Quote from Trader0062:

HolyGrail,


I have seen your track record and I think you are in no position to judge.

The real people that should judge is the people that have been using Oscar and you can see what they have to say at his site. Not the few here that talk out of there ass.
More...

Well, I followed Oscar. So did others. When people started complaining that Oscar had lost it, our threads were deleted from that site, and we were sujected to stupid statements like "we had an agenda" or couldn't do math. This Trader 0062 is only a shill for Oscar.

Click on his #posts link, and notice he spend his time defending Oscar in a way that is out of character with someone who is just interested in Oscar's stuff.

Also notice, he talks like an undeducated, rabid buffoon. He has no clue how to string together logical arguments.
 
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