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  1. Dinosaur_Supervisor

    Al Brooks method

    Oh wow, what the fuck!? I just came back and there are pages and pages of bashing and negativity. Some people here are just emotionally disturbed, there's no other explanation. Now, on TA... TA is not a testable method. We all could take the same classes and read the same books on TA and we...
  2. Dinosaur_Supervisor

    Al Brooks method

    I see. I don't feel a lack of liquidity during high volatility moments, my slippage is often due to my Internet connection. The 1 minute chart has been pretty mad for a while, though I still know some professionals who can trade it. Anyway, I can't tell if my difficulties are due to the...
  3. Dinosaur_Supervisor

    Al Brooks method

    Well, I politely disagree with you. Reading books and watching tutorials are not enough to teach how to pilot an Airbus, but they are part of the learning process. Surgery, fishing, skydiving, piloting, driving, anything would be extremely hard and time-consuming to learn without some "crude"...
  4. Dinosaur_Supervisor

    Al Brooks method

    @Xela How long did it take for you to become profitable? I know it's different for everyone, but I don't resist asking it everytime some one claims to make a living from trading (not that I doubt it).
  5. Dinosaur_Supervisor

    Al Brooks method

    Well, if they don't believe it, perhaps they shouldn't go to a TA forum in the first place.
  6. Dinosaur_Supervisor

    Al Brooks method

    Tell me more.
  7. Dinosaur_Supervisor

    Too Many Indicators?

    "Good luck" is all I can tell you.
  8. Dinosaur_Supervisor

    Too Many Indicators?

    You can use indicators if you understand what they are designed to do and how they are designed. The one first thing one needs to understand about indicators is that they aren't supposed to provide buy/sell signals. Indicators will never uncover some hidden message from the price behavior, the...
  9. Dinosaur_Supervisor

    Al Brooks method

    What's the general opinion on Al Brooks works? I read Trading Trends and found it fascinating. He also describes the concept of trapped traders teaching you how to spot where stop loss orders are probably placed and could fuel a movement in the opposite direction, once hit. He's not a guru...
  10. Dinosaur_Supervisor

    Profitable only after joining a firm?

    Has anyone here experienced a mindset change after joining a firm? More able to manage risk, follow rules, be disciplined and less prone to emotional breakdowns due to financial losses?
  11. Dinosaur_Supervisor

    What are the commonly used methods that may cause intraday price fluctuations?

    You mean the "big players" or simply put, the players? It's simple trading. Every player has a different goal and strategy. Buying/selling close to the VWAP is one of them. In my country we can see what individual players are doing. For example, we can see UBS bots rushing 1 tick ahead of big...
  12. Dinosaur_Supervisor

    Eliminating Spoofing = making bluffing illegal

    Spoofing is part of the game. It's not illegal over here, it's actually very common and we learn how to deal with it. UBS HFTs are playing all the time even with Spoofing, so obviously there are ways to counter it and still execute HF trades.
  13. Dinosaur_Supervisor

    Why do you think you can make money trading?

    At first I thought it was all about intelligence. I learned two languages, programming, aced tests from a myriad of classes, from computer science to medical school, and mastered countless other things by myself so I thought trading would be just another easy game, because I considered myself an...
  14. Dinosaur_Supervisor

    Advantages and Disadvantages of Being a Day Trader

    Advantage: leverage. Disadvantage: leverage.
  15. Dinosaur_Supervisor

    Buying at Support or Buying at Resistance

    But they can also consolidate before a reversion. I don't remember Thomas Bukowski statistics on this, I believe it's more likely to resume the previous trend, but reversion is always possible. Anyway, I believe you mean a support level becoming resistance after it's broken.
  16. Dinosaur_Supervisor

    Who is currently the world's greatest stock trader?

    Oliver Velez is probably one of the best traders who make gains public. He is also a great coach and mentor.
  17. Dinosaur_Supervisor

    People Underestimate Randomness In This Profession

    But that's technical analysis: buy support, sell resistance.
  18. Dinosaur_Supervisor

    Buying at Support or Buying at Resistance

    If you're in a down trend and buying "resistance", it's not a resistance level, it's a support level. It's only "resistance" if price is coming from below.
  19. Dinosaur_Supervisor

    Buying at Support or Buying at Resistance

    I'm not sure if I understand the question. This is trading 101, you don't buy at resistance nor sell at support, period. When a trader buys, he or she expects the price to rise. If you buy at resistance, then that region is not really a resistance from your point of view. By definition...
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