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Anyone who considers a losing trade to be embarrassing is not a guru. Anyone who would be humiliated if a live trading demonstration resulted in a losing trade is not a guru. Anyone who claims to know for sure which direction price will go from the current price at any given moment is not a...

Why do we care if he's consistently profitable? If he provides tools that make me consistently profitable, then I've benefited from his book, which costs very little compared to the cost of courses, professional mentors, and trading rooms. If he's personally incapable of applying his own useful...

What the market "usually does" is also known as statistical analyses. The student can conduct such analyses based on precise quantification of details such as swing highs/lows, price turn triggers, trend line price levels, range extremes, indicator levels, multiple time frame relationships...

You guys who think Brooks only shows winning trades in his book are talking out your arses. Anyone who's taken the time to read even the first half of his book (and the glossary in the back) knows that he illustrates successful trades and failures. He provide dozens of examples of failures and...

If your Al Brooks price action based intraday trading plan results in more than four consecutive losses, it's not ready for prime time. Certain trend following strategies may result in numerous small losses before a solid trend provides the home run profit, but most retail day traders who base...

:)

Ah i see you're intimately familiar with pharmaceutical studies. The vast majority of them remove the subjects who aren't fitting the models of desired outcome early in the process. The outcomes are sculpted and the true study results are tucked away.

My most recent trading strategy involves buying/selling just inside levels where MIT orders are likely to be found and catching my profit off the retrace. Sometimes the retrace is so fast that my profit target is filled within seconds before I even have a chance to contemplate whether to remove...

The strangest thing I ever saw was pre-market NQ on 8/24 last month. Volume just piling up at the circuit breaker level (3992-ish?) and over 15 levels of Bid totally empty below.

Trading multiple contracts all in/all out is the same as trading 1 contract. I tried several scaling strategies in the past and I didn't have the mindset for it, so I stuck with all in/all out, meaning I had a choice of holding through retraces for larger targets (major S/R levels in trends and...

Hey, wait a minute...I've done that! :D

FYI, I remind myself of the old rat/Yale student results at least a couple times each month because I still have a bad habit of believing I can know in advance how "good" a trade will be o_O (Hint: The ones that feel impossible are usually the best, LOL) "The rat eventually figured out that...

TA works; 99.9% of small traders who "use" it, have no idea what they're doing.

If you make that $150+ per day regularly while using stop losses when trading and you don't move them further away when a trade runs against you and you don't average down when a trade runs against you, then it's very likely you can make a lot more trading full time. If you do any of those...

For equities, no. For futures, yes. This is with regard to time series. I would only use tick charts during RTH. Never used a range chart and volume is not a part of my trading.

Here's something to consider: Traders don't necessarily push price. The side that's in control is the side that pulls its bids lower or moves its offers higher thereby causing those who want in to chase their bids/offers. So if price is falling, the buyers are in control and the sellers have to...

When I trade an instrument where the average size on those 10 layers from best bid/ask is between 15 and 50, I'm not going to apply my trading methods (which takes advantage of trading under the radar and riding along with the big guns) to moving into and out of significant positions. I've...

I agree 100%. I do not care one bit whether the person writing a trading book earns money or not. You can have complete understanding of the most astonishingly profitable methods imaginable and be unable to execute them in real time due to fear, thinking while trading, attempts to achieve...

After the signal that occurs two bars after my entry bar I'd move my stop just above my entry bar, because if price were to then break through the high of my entry bar, the HOD is then in play and why take a full loss when I can limit my loss to just a few ticks? There would be no reason for me...

And you, Sir, set me on a most amazing path with your answer to a simple question years ago. I'm forever thankful.