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  1. Dinosaur_Supervisor

    The TREND is your friend.. The biggest lie ever!

    Trends are nice but ranges are tradeable too. If one wants to master trading, learning to trade ranges is a must. One shouldn't fear ranges/consolidations.
  2. Dinosaur_Supervisor

    Live Trading Rooms????

    I'm usually watching a trading room, it makes me feel less lonely. :D Make sure they are professionals, make sure they are not trying to reap money form subscribers and that they are trading very liquid markets, to avoid being caught in pump and dump, among other scams. The ones I watch are...
  3. Dinosaur_Supervisor

    What do institutions look for?

    Banks, brokers, hedge funds. I'm interested in the work of all financial institutions, except for prop firms.
  4. Dinosaur_Supervisor

    What do institutions look for?

    What do they look for when hiring traders? I doubt they will ask for my account statement. ;) Is formal education really needed? I don't need the job, but I'm very curious to see how the market looks from the other side. It is a personal life achievement I need to complete.
  5. Dinosaur_Supervisor

    Brazil stocks

    Well, BRL did strength last friday, as did IBOV.
  6. Dinosaur_Supervisor

    Problem with trading 1 contract only

    It's almost impossible to make money with only 1 contract. Some entries deserve 1, some deserve 2, some deserve 10. Not to say that the money made on a good day or week is usually disappointing. Start with 1, because you are a newbie and your purpose as a newbie is not to make money, but to...
  7. Dinosaur_Supervisor

    Do you think any Lawyers Day Trade? Time Constraints would prevent them?

    Before answering your main question I should note that I have completely stopped talking with people in real life about stocks. People just don't get it and are full of misunderstandings. What they believe about the stock market is usually wrong and it's not something you can correct with small...
  8. Dinosaur_Supervisor

    Any long term strugglers out there?

    Hey, I disagree with your lateralization of the brain and I disagree with involving the emotional side of ourselves in trading. In tape reading there are techniques that compile and display all the data you talk about but in a exact, resumed way. One should read that data and have rules based on...
  9. Dinosaur_Supervisor

    Collection of the most stupid trading advice ever

    It really depends of what you're doing and where is your stop loss, i.e. the point that when reached, suggests otherwise of what you were previously thinking. If that point is not reached yet and assuming it was correctly placed, I don't see anything wrong with increasing the position with...
  10. Dinosaur_Supervisor

    TA does work because ...

    Because it translates human behavior, and human behavior is what moves the markets, it doesn't matter if you are an institutional trader or a self-employed trader: you want to buy lower and sell higher. Hell, even automated trading is (sometimes) programmed to think and see price action like...
  11. Dinosaur_Supervisor

    Collection of the most stupid trading advice ever

    "Cut your losses short and let your profits run." Most useless and moronic advice I've ever read. I mean, what the fuck do you mean about letting profits run? We all know that trading is not that simple, you could be making $1000 right now and see it turns $0 1 minute later, because you didn't...
  12. Dinosaur_Supervisor

    Amazing scalping system

    "1.you are with the trend" Honey, anyone knows how to trade when the market is trending. If you only trade the breakouts you'll make money. The thing is, the markets are not trending most of the time (you don't see a clear trend) and you don't know when a trend is coming or when it's ending...
  13. Dinosaur_Supervisor

    Morgan Stanley's stock market guru explains why everything you know is worthless

    Honestly, it's been a long time since serious investors became aware of these facts. P/E is basically useless, but even if you don't agree that it's useless, you should agree that it should not be used alone when making an investment decision. P/E is not a reliable filter or indicator.
  14. Dinosaur_Supervisor

    Hi !

    Would be useful if your started threads with a proper title/subject.
  15. Dinosaur_Supervisor

    How to day trade for a living?

    In my honest opinion, forget automation. Profitable automation requires expensive hardware, internet connection and a proper expertise in mathematics and computer science. Just forget it. Now it's all about being calm. If you need to trade in order to pay the bills, you must have enough money...
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