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  1. speedo

    Al Brooks Net Worth

    Yes but best to avoid having strong opinions about market direction (regardless of trading prowess)...any trade works or it doesn't, nothing personal either way.
  2. speedo

    Al Brooks Net Worth

    As newwurldmn alluded, it's the internet, everyone is free to display their opinion in a open and democratic fashion. It may be based on little or nothing but you get what you pay for.
  3. speedo

    Al Brooks Net Worth

    Padu is lost of his own accord.
  4. speedo

    Al Brooks Net Worth

    I have no idea of his net worth but that number does sound bloated. I do know know he is well off and there is no doubt about the internet :D
  5. speedo

    Al Brooks Net Worth

    Evidently but you are not alone among those on ET offering opinions based on not knowing things.
  6. speedo

    Al Brooks Net Worth

    I have no idea of what is "dear" to you but you might be careful about making bets based on ignorant biases.
  7. speedo

    Opening Range Breakout Strategy

    I remember about 15-20 years ago, there were a couple of copies on eBay listed for about $500. There is plenty of material out there on various strategies related to ORB's. Raschke has done work on it among others.
  8. speedo

    Al Brooks Net Worth

    He trades other markets and swings other futures contracts and stocks in addition to his investment portfolios. He does enjoy scalping which can evolve into intraday swings, that's up to the market to decide.
  9. speedo

    Two Questions For Practicing Day Traders

    Do you know what Eliot is doing these days? That was a nasty blowup with Mirus trying to clone Zenfire. I went with Mirus in 2006 and already had Ninja. Eliot cut me a good deal.
  10. speedo

    what is a strategy?

    :D
  11. speedo

    what is a strategy?

    Back in '99 and early 2000, a group of us were trading a stock, XLE or XLA, don't remember. It traded on the old AMEX and repeatedly ran like a scalded dog breaking out of flat bases.....until the bear emerged from the cave in March of 2000. I didn't know anything about the company so one day I...
  12. speedo

    what is a strategy?

    The amount differs but we've all paid our dues. Unlike many demanding professions, there is no formal track, no syllabus, no tests, certifications etc. We're on our own to separate the wheat from the chaff and forge a way.
  13. speedo

    what is a strategy?

    I could post them all day long and people wouldn't follow the rules of the trade, even if they did the work to understand the premise of the trade...but you already know that didn't you? :D
  14. speedo

    what is a strategy?

    Brooks teaches how to understand price behavior and development through market cycle and offers many examples how a scalper might do this or a swing trader might do that. It is up to each of us to determine how we want to trade, test signals based on that how, build a trade plan with defined...
  15. speedo

    scalpers

    :D
  16. speedo

    scalpers

    Or jerking around on an ET scalping thread for that matter.
  17. speedo

    MAs.. usefulness comes and goes

    Understand market cycle then decide if you want to use MA/s.
  18. speedo

    A Beginner's Price Action Trading Journal (mostly es, Al Brooks style)

    That first bar put a tail through the 50% retrace of yesterday's range, signaling a short. The reversal bar you noted as bull flag established the trading range low and satisfied as such, long. The following spike set the high of the TR AND tested the 50% retracement, signaling another short. If...
  19. speedo

    Two Questions For Practicing Day Traders

    Inside bars are consolidations, on a lower time frame they often appear as a standard pullback. As such they are breakout patterns in trends....in trading ranges, not so much except as scalps.
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    What was your "a-ha!" moment?

    Good example this afternoon and in a retracement zone. The little 3 bar reversals a group of us "triples"....mini H&S formations.
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