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Sanders has no chance of being elected and Hillary is owned by Wall Street. We independent traders provide the same benefits to the market as the elephants albeit in miniature. In aggregate, it's much more substantial. We provide liquidity and make markets. If the grim reaper comes, it comes...

Not necessarily. You might find it more productive to work on your own methods than crusading against Al Brooks.

I am not an "associate", I simply know him and have traded with him. He may be profitable or he may not be. The only performance history I have knowledge of or interest in is my own. I would recommend against trying to copy someone else's trade plan. Trading is too personal and each has to find...

Al has never shown me his P&L nor do I care to see it. My comments come only from my own experience.

There is nothing stopping you or anyone else from averaging if that's what you want to do. The only point is there is great inherent risk in the practice. Also breakouts and breakdowns occur all the time out of non-trending markets.

Absolutely, the best way to get out of a trade is with a profit, the next best way is to honor your initial stop. You can develop skill at averaging and profit or scratch the great majority of the time. However there are times when the market simply does not turn around, leaving you in a world...

Find your own path, there are as many ways to trade as there are traders. Take what you read on these forums with a healthy dose of skepticism. Any ideas for a trading plan whether third party or self-generated (ultimately, this is what you want) have to be thoroughly tested for efficacy and it...

We used to trade charts and trade ideas back in the early 2000s. At the time we were both trading the old Russell 2000 contract on short TF tick charts. He sent me his first book but by then he had moved to the ES and 5 minute charts and his way of looking at price action had changed and gotten...

I've traded the ES for years and have known Al for years. Three ticks is unrealistic for a stop loss. As Handle said, the noise alone will stop you out.

The longer the time frame, the more powerful the signal. The trade off is there are fewer of them.

Charts are fractal in nature. Saying you what to be long when the market is going up is meaningless without temporal context. What may be an uptrend in one time frame can be a down trend in another. There will always be time frame conflict so one has choose which time frame(s) to trade/invest. I...

That's what makes it a market.

We are speculators and as speculators, we make markets and provide liquidity. In doing so, we also mitigate risk for more conservative market participants such as investors and hedgers. In return for providing liquidity, making markets and absorbing risk, we reserve the right to make a profit...

You can get ideas from others but if you want to succeed at this, you have to do your own work. No two traders trade the same, so you have to thoroughly understand why you are taking a position and know exactly what to do once in it. I spent hundreds of hours watching price development and...

Many of us make a living trading technically so for us it works.

Chart patterns across time frames and rule-based entries and exits. Experience helps see through the "noise".

As a day trader, I could care less what a market does in five years. In my time frames, neither I nor anyone else knows where price will go next but I do know where it is more likely to go...that and my rules carry the day.

Thank you for attending the latest meeting of The Flat Earth Society.

There are no magic bullets, only edges and proper behavior.

Yeah, you don't want someone rationalizing a bad trade but on the other hand, many of our winners spend some time in the red. I used to talk myself out of staying in due to perceived weakness (or strength if short) after the entry or lengthy time in the trade but I've found the best results over...