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  1. Dinosaur_Supervisor

    Why do traders still use lagging indicators?

    Please tell me when find an indicator which is based on future data. ;) Anyway, the reason people use "lagging" indicators is because they make it easier to interpret price data, which is also mostly past data. By your reasoning, price action analysis is lagging analysis, because it's based on...
  2. Dinosaur_Supervisor

    USDCAD - What should I know before trading the "Loonie"?

    Besides the inverse correlation with oil futures. I'm taking my first steps in Forex, having only traded stocks and futures until know.
  3. Dinosaur_Supervisor

    The student is ready

    I can't believe you went 10 without sending a single order, without experiencing the thrill of making and losing money, even if in small amounts.
  4. Dinosaur_Supervisor

    Being a Trader is the Best Job in the World

    Yeah, but the hardest. Or isn't it? Sometimes I ask myself if the failure rates are due to the technical difficulty or due to unreal expectations and lack of self discipline, the same self discipline required to achieve success by running a business on your own. I mean, sounds great, doesn't...
  5. Dinosaur_Supervisor

    how to confirm which capital curve of strategies is better?

    The one with the smaller average drawdown.
  6. Dinosaur_Supervisor

    Where can I find interest of each countries?

    Brazil's is 14,25%. It's called SELIC if you wanna look it up. Links: http://www.bcb.gov.br/?INTEREST https://www.bcb.gov.br/?INFLATION https://www.bcb.gov.br/?RED-FOCUSREPORT
  7. Dinosaur_Supervisor

    Journaling my prop admission attempt

    Yes, daytrade. The purpose of the admission test is to evaluate how you manage risk with your own and real money. Most of these firms only do daytrade because of the overnight risk. So, I need execute a least one trade every week. Open trade and close trade in the interval of Monday to Friday...
  8. Dinosaur_Supervisor

    Journaling my prop admission attempt

    After several months only watching and studying, I'll go back to trading and my account performance will evaluated by a prop firm. By the end of July I need to be in the top 5 and green. The ranking is typically composed of one great trader (~40% by the end of 6 months), two or three above...
  9. Dinosaur_Supervisor

    My standard build. Trademaster 6700-16 (2850.56 USD)

    I trade on a thinkpad.
  10. Dinosaur_Supervisor

    Anyone use oscillation indicator (Stoch, RSI etc) ?

    All useless. Just read the bars, their size, relative to previous bars, their close relative to the open and mid-point. Few indicators provide information which is relatively hard to read. For instance, StopATR may be useful for spotting turning points (extremes).
  11. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    What should he do? Stop producing altogether? Would not be a great harm to stop providing the drug? Also, he stated that those who couldn't not afford it would still be able to obtain it through other means.
  12. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    I mean the debate on something being ethical or unethical.
  13. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    Ethics are supposed to be debated, you can't say something is unethical and that's it.
  14. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    He's a nice guy, I talked to him on his livestream. You probably read too much news. TV and newspapers don't represent the truth.
  15. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    Exercising your freedom is not wrong.
  16. Dinosaur_Supervisor

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    Why does someone who has so much money decides to commit frauds, risking destroying his own reputation?
  17. Dinosaur_Supervisor

    Wiped first account after 6 years...

    Instead of focusing solely on technicals again, start from the other end of the trading art (which is no less important). Read "Thinking, Fast and Slow" by Daniel Kahneman.
  18. Dinosaur_Supervisor

    Why not just trade to make your money?

    I know several profitable individuals who teach for the pleasure of teaching. Some of them are also entrepreneurs and manage companies unrelated to trading. The more different ways you can make money, the better. One of the most brilliant traders I ever met not only trades for himself, but...
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