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Just watched part of an Al Brooks video on youtube where he talks about how he lost money for 10 years before he became profitable. Then goes on to say it took so long not because he wasn't smart enough, but because he was too smart. What??? o_O That makes no sense. It's like saying you...

Try announcing that Al Brooks is here and is ready to start a family with her.... that might work.... As of January 24, 2013 she wanted to have his baby! :eek::confused: Here are her exact words:

LOL..... You have to use a common sense approach to people like him. If what he was teaching was so valuable he wouldn't be hiding out in obscurity living in an (allegedly) cheap house. Think of top sports camps..... expensive, fierce competition for limited openings, and taught by people...

As for Al Brooks and others..... who gets into trading with a head full of dreams of selling $99/month chatroom memberships?? LOL There was a funny thread about him a while ago where someone looked up his house in public records.... including pictures of it, assessed values, kind of car he had...

I think a lot of the SLA hate is more about people's disdain for the teacher rather than the method. DB was so full of himself. Anytime there was a big move in the market he would either claim to have been in on it or would start chastising students for not being in it. He claimed credit for...

This doesn't add up. This guy was posting here in March claiming he had increased his account by 1000% and had high 5 figures in capital.... http://www.elitetrader.com/et/index.php?threads/increased-my-account-over-1-000-want-to-get-hired.290568/ Now he says he has low 5 figures, with no...

No that was DB who was always linking to other forums and pulling people into private chatrooms. He didn't last long at BigMike's.... he got banned from there a couple of weeks ago complete with a public shaming from BM himself! LOL!!! Who knows where he's taken his troll-show now.... :p

I remember seeing that post on BMT. Going from broke, homeless, living in a car with barrel of a loaded gun in his mouth to lifetime peak high watermark in finances in under 12 months??? The rest of the story could very easily be true but going from literal rags to riches in such a short time...

Some patterns will always be there. But over time there may be greater variability to them than initially meets the eye. Also there may be conditions where a pattern works well but all other conditions it is random outcome. There is a chartist I keep up with from time to time. Back in 2012...

Just was over at BMT and noticed that DB has been permanently banned from BigMike's for being a stealth vendor. Mike even questioned whether some of DB's followers could be alias accounts created by DB to build his own hype!! Can't confirm if it's true but wouldn't surprise me. It's happened...

more from Big Mike: "To me, what he is teaching is ridiculous. ... He uses free charts and never posts a trade best I can tell. Seems like a sim trader to me. Which would make sense and explain why he believes in this method." And now the irate followers have come out in defense of their cult...

My observation is that people only find trading for a living embarrassing when they aren't making money, or aren't making enough money. For example there is a blogger I used to read when I started to learn about trading. He would occasionally comment that people didn't respect the fact that he...

Hmmmm..... looks like Big Mike's BS detector is working well.... some recent comments from him... "DBPhoenix do you trade? I mean for a living, like as your primary income, from real trading, on a daily/weekly/monthly/yearly basis. Do you ever make any trades in this thread? Do you ever...

Back when I first started to investigate trading I read lots of books. I recall one book which was a series of bios on legendary speculators from throughout the decades. This book was full of inspirational stories..... along with platitudes and market aphorisms quoted by these legends. As...

I think if you are going to pay for a mentor it should be in-person mentoring and they should be trading live with you every day plus explaining all that goes into decision making process. They should also be vetted in some way so you know they are the real thing. It seems too risky to try...

I never followed him but I remember that when I discovered ET he was a very controversial figure and had lots of haters.

I looked for obituary to try and find proof and found none..... however did find Tuscon AZ death notices which lists a John Hershey age 81, passing away Nov 3 2014...... his ET profile shows last active Oct 17, 2014........ don't know if that is him or not but looks like a possibility...

Yes I felt the same way about it. Lots of funny comments that seemed well...... unsophisticated. Such as talk of oscillator divergences, comparing charting to shaking a kaleidoscope until you get a picture you like, and of course when someone asks what he does for a living his response is...

A dismal return that year? Huh?? I knew that didnt seem right and now found out why.......... back then you claimed to make over 40% that year with only 2 losing months........ direct quote from February 2010 "I netted 42% last year on a $60K account, my first full year trading."...

in reality what these guru teach is no worse than any vendor stuff, so I don't care if they want to teach people..... but can't help have some fun with all the claims of no drawdowns and non-stop moneymaking..... no trader does that unless they do something shady... Just imagine if you made...