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    I have bought Al Brooks' Trading Course

    Modern trader mag had an interesting interview a few months ago with a top pro poker player, who I think they said also trades. If trading is like gambling, perhaps that is a reasonable comparison. Regarding math and TA: Fibonacci: If you place Fib levels on a chart, are you using TA or...
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    I have bought Al Brooks' Trading Course

    Did you charge them for the courses, and were these courses based on your style of trading, or on material they provided for you to publish for them? (If I'm misunderstanding what you are saying, my apologies).
  3. W

    I have bought Al Brooks' Trading Course

    Exactly. That is how I view it. A detailed perception of the markets that can enhance what I've already learned, and I concluded that when I began to understand a few of the articles in Futures mag. At that time, he was just selling the one book.
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    I have bought Al Brooks' Trading Course

    What if you took the identical trade when it set up again, but it failed? He does say there are trades he would take, and others he wouldn't, but still gives reasons why you could, or why an institution on the opposite end might. Average gain or loss points over a period could still be...
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    I have bought Al Brooks' Trading Course

    Just a consideration about how much money Brooks has made. Would anyone trust him more selling a very inexpensive, extremely detailed view of the market not knowing what he's made, or telling you he has the holy grail, has made millions, and you can, too!? (and probably charging you tens of...
  6. W

    I have bought Al Brooks' Trading Course

    He actually does discuss different ways to enter using either market or limit, depending on the preference of the trader, and the types of ways they control risk with stops such as money stops, entry or signal bar lo/hi stops, etc. Personally, I read all his futures magazine articles originally...
  7. W

    Al Brooks - Al Crooks, Charlatan

    This has been an interesting and fun discussion. Got to go enjoy the holiday now with my wife of 27 years. I usually hang out in P and R, so it's been most enjoyable having civil discussion with all. Everyone, have a great weekend, and a great holiday if in the US. And regardless of...
  8. W

    Al Brooks - Al Crooks, Charlatan

    Only if the people complaining understand what he's actually talking about.
  9. W

    Al Brooks - Al Crooks, Charlatan

    He also teaches that one must trade within one's personality and that most simply will not succeed. That's like saying you can buy my stuff, but it may not help you. That's not a crook in my book. The guys saying you will succeed by buying their stuff are the one's I'm inclined to think are...
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    Al Brooks - Al Crooks, Charlatan

    We all learn to trade through our own experience, but if one morsel of knowledge that I would gain from Brooks, or you, or anyone else makes me a better trader, then I sure as hell won't call you a crook...especially if you only charge me 300 bucks for ALL of it (sorry surf, I'm not going to buy...
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    Al Brooks - Al Crooks, Charlatan

    Wouldn't it be ironic if the very methods some people pay a very modest price for ended up being similar to the very methods you use to trade? I don't know how you trade, I haven't read your journals, but just saying. Have you read Brooks' articles or books?
  12. W

    Al Brooks - Al Crooks, Charlatan

    Markets are fractal. The time frame doesn't matter. He also states this, and provides examples in his books.
  13. W

    Al Brooks - Al Crooks, Charlatan

    I would agree with you if he was charging the prices Pristine does, but he doesn't. His following just isn't that big. I doubt he made much, if anything for his Futures articles.
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    Al Brooks - Al Crooks, Charlatan

    At times the 5 does, and at times it doesn't (regarding S & R), as is the case with all time frames. I'll often place a fade order if I think the signal is weak or a big range bar,(thinking there might be a second test), and reduce my size so that my stop is the prior PP, which will often be...
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    Al Brooks - Al Crooks, Charlatan

    I can't disagree with you. To be completely honest with you, I actually don't care what it's called. I just like that it's finally helping me to understand the footprints of the activity. I believe his intent is honest, or he would charge what the others do. I will say that I learned the...
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    Al Brooks - Al Crooks, Charlatan

    He actually clarifies in his vids what the traditional definitions are, and then what he chooses to call them regarding his method. I don't consider his ideas new. I've always seen the patterns...just didn't know they were tradable...and like I said, only was taught prior what the perfect...
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    Al Brooks - Al Crooks, Charlatan

    I was under the impression price action trading uses support and resistance, and Brooks views MA's as support and resistance.
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    Al Brooks - Al Crooks, Charlatan

    He states repeatedly in his books he doesn't, other than viewing the 20 ma's of those frames on his 5 as they serve as S and R. Those are the only indicators he has on his charts. MA's. He states that using other time frames distracts his concentration. I stated earlier to you that I...
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    Al Brooks - Al Crooks, Charlatan

    In his video series (and his new editions 1 - 3), he refers to "scalps" as trades with a 1 to 1 risk/reward ratio. He refers to 1 minute or shorter time frame scalping as "extreme scalping". 2 to 1 or higher RR is considered a swing. He prefers the 5 minute, but tracks the 20ma on the 15 and...
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