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  1. wrbtrader

    how to understand Al Brooks

    Sorry...my prior post about trading as a business... I in error used the word "net income" when I meant "gross income". jinxu, I've seen some business owners use their business as a deduction or write off from another income that's a larger source of income. Yeah, this is off topic and the...
  2. wrbtrader

    how to understand Al Brooks

    A real trading room...only the head trader talks. A real chat room...anyone can talk. Trades can be posted in either but I don't believe "chat rooms I think a little differently but via my difference in experience. Trading is very difficult and complex because there's more to it than just...
  3. wrbtrader

    how to understand Al Brooks

    This forum Elitetrader.com is the perfect example to explain the difference between a "chat room" versus a "trading room" for those that do not know the difference. Baron (ET owner) had a "chat room" here (no longer available). Any member of the forum can show up and talk about anything as long...
  4. wrbtrader

    how to understand Al Brooks

    I don't have the book...wouldn't know but I do completely agree. Yet, I don't agree exactly with that type of disclaimer considering I know for fact that people think they "know TA" when in fact they do not. Thus, I'm sure people have ignore that generic disclaimer and still purchased the book...
  5. wrbtrader

    how to understand Al Brooks

    Thanks for the highlight of the difference between a definition versus explanation. Usually I mix both terms together but usually will careless use both terms in the same sentence as if there's no difference when there is a difference. Completely agree that the author "must" define and explain...
  6. wrbtrader

    Just to thank you, and regrettably say goodbye

    Thanks for the update because this forum can be very cruel if you leave without saying anything and you don't need to explain the specifics of the reason. I hope its nothing related to your health, health of a love one or family crisis. I know a few popular members here that have left the...
  7. wrbtrader

    how to understand Al Brooks

    I think most agree that Al's books are poorly written along with poor editing by the publishing house. Hopefully Al does not continue using that publishing house after so many complaints. The good ones edit the content to make it clear. They actually have specific people hired to that that for...
  8. wrbtrader

    how to understand Al Brooks

    Maybe you guys are not talking about the same book ??? wrbtrader
  9. wrbtrader

    Technical Analysis is total rubbish! Here's the proof!

    Strongly agree if its another way of saying using TA alone (all by itself and nothing else) will generated consistent profits...regardless if you're retail or institutional. Also, I admit I was wrong because I thought you had implied you didn't know any institutional traders using technical...
  10. wrbtrader

    how to understand Al Brooks

    This reminds me of another Brooks thread in which someone said Brooks doesn't define a "double bottom". In fact, he suggested Brooks should put a glossary of definitions in the book (front or back) so that the reader doesn't need to search the internet for explanations. Yet, he stated he easily...
  11. wrbtrader

    how to understand Al Brooks

    I remember watching a video in rehab during some tests. You suggesting I go through that experience again although a text chat room would be easier to tolerate than the video (audio)...the voice. :D I've seen my own test results when learning from videos, audio and texts during the...
  12. wrbtrader

    Technical Analysis is total rubbish! Here's the proof!

    I'm consider to be a guest...I'm not family in reference to these particular visits. Other locations (not mention)...I am a family member. Yet, nobody can just walk in, get on an elevator to the trading room. You still gotta sign in and be escorted. Most recently 2015 at BNP. Regardless, not...
  13. wrbtrader

    Technical Analysis is total rubbish! Here's the proof!

    Very wrong and it occurred between 2000 - 2010...multple times for different reasons. On one particular occasion...someone's entire family were invited into the office for a birthday celebration during the lunch period although there were traders still at their desks doing their job. BNP and...
  14. wrbtrader

    Technical Analysis is total rubbish! Here's the proof!

    Define made a killing considering such a statement is grandiose in nature. Define pure TA traders too because the last definition I've seen was at this forum (elitetrader.com) and it was stated by a popular member of one of the most popular technical threads at this forum...its TA without...
  15. wrbtrader

    On using an Ipad for Futures Day Trading

    Very true...today's data vendors risk losing customers if they offer mobility trading for those on android and not for those on iOs (e.g. iPad)...vice versa. In fact, I now use both android and iOs (e.g. iPad, iPhone) for mobile devices but not for trading because I'm only willing to do trading...
  16. wrbtrader

    how to understand Al Brooks

    Are these videos of real time price action as in you can see the price quotes & intervals changing on the charts in the videos or these are videos of static (hindsight charts) as in explanations on video about what has happen in the past ??? My point is that I see a lot of reference to the...
  17. wrbtrader

    how to understand Al Brooks

    Yes...I would like to see if its just as irritating to me now as the one I saw before or if I can sit through it this time. :D Thanks wrbtrader
  18. wrbtrader

    how to understand Al Brooks

    Do you have a link to the free video you were watching ??? The only two negatives I've seen in Al's videos...one is not trading related and the other is trading related. Trading Related Al's biggest theme is "price action trading". Strangely, he uses an indicator...a price action moving...
  19. wrbtrader

    which moving avgs do most traders use?

    Considering you want to follow the heard and do what most moving average traders are doing...10, 50 and 200 are commonly used. Also, I notice whenver I see TV show analysts...they seem to plot 10, 50 and 200 moving averages for trading and investing. Yet, its all easily backtested and I don't...
  20. wrbtrader

    On using an Ipad for Futures Day Trading

    Just use Google search, Bing search...lots of info out there about trading via iPad or trading via any other Apple product with videos. I have seen them but didn't keep any direct links because I wasn't using any Apple products until recently (e.g. Mac, iPad) although I'm primarily a PC user. I...
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