Search results

not much there i was a much better golfer: 4 handicap

yes and he also said the failures fail. so it is typical: Brooks ! [nonsense]

i agree with you 1000% which is why i have always scalped. i may not have enough in account but i have lot in my head after trying to scalp and failing miserably for 20 twenty years. out on a wing and a prayer. God is with me

made a rookie mistake: break out of a big trading range but i did not book as i should have. but i added at the bottom and have placed the exit at 5461... 1500 usd my top step target and limit for the day.

he just puts the market in a different universe that is compatible with his mind set. took me twenty years to get a clue about what he was talking about. i prefer break of high, test of low, break of high,BUY to define a swing trade. in one line i have stated a trading method which the Great...

think that fu*k Brooks is not very political but nice colorful language quite entertaining in a drab financial environment like a forum on trading two leg pullbacks [ABC CORRECTIONS] were "discovered" maybe, about 80 years, before the erstwhile Dr Brooks was born. so nothing there to think about.

while ES is great for both i want to learn to swing too. i was not a very good scalper with one loss wiping out 20 trades profits. this led to an emotional roller coaster ALSO there is a lot of thinking to do with scalping figuring out probability mainly. but in swing up need to see only one...

thanks for the question. a chart is made up of two things: price and time. most market participants [MP] when they talk of a market crash think of price falling rapidly. However, a market crash, can also mean a market, not falling, but staying near the high for a long long time. this is time...

After twenty years of Al brooks !!!!

it is NOT price action but price and time action... both offers clues to the market action

i am one of them.... but it took me 18 years to find out what markets do ....AL Brooks said that market will markets try to do anything twice and if it fails then it will do the opposite. it took me 18 years to understand what he means and see it on a price time chart and make trading decisions...

oh no not again

if there is a strong trend, then trend lines and channel lines are critical for entries. watch out specially for break outs from one channel which then forms another channel higher or lower. draw the trend line first and then copy and paste this trend line and drag it to the other side to form...

on a more advanced note my losses stopped once i stopped buying below bars and sell above bars..... i now buy above bull bars and sell below bear bars and scalp out. i do that for 12-15 hours a day on a five min .

the title of this thread is interesting...it asks why traders do not make money not why financial traders do not make money. trading anything profitably-from cars to lawn mowers etc is difficult bordering on impossible.

most traders do not wait for good set ups..... you need to recognize good opportunities..... i had that problem for years. wait for the obvious entries and do not overthink them. it is much easier nowadays to know technical analysis and most traders know it. but they do not understand it...

what about spotting trading ranges early... 85 % of market action is ranges

we have been on T+1 Since as long as i can remember. India is definitely ahead here

do you think you are the only trader in the world who understands? more likely you are another arsehole in the financial world wanting to fool traders into a subscription for your fraud advice so do not preach to me . what do i do not understand about this statement for my trading in today's...

you are never wrong in charts if you wait long enough. so you saying you are eventually right is BULL SHIT because everyone is eventually right if the wait is long enough. it is just a matter of managing your capital and the trade than being right. and so what if your right? who cares?