Search results

that would not surprise me... i am not complacent now i used to be that 10 years earlier

yes since 2007 you do the math...i am lazy bugger.... i only work at trading i have always believed markets are rational.... NOT RANDOM

because i knew i did not understand him. knowledge is not power, understanding is. but understanding is useless unless you can manage it and capitalize it ...make it liquid and bankable. it took time but i was prepared to go the FULL MONTY

no of course it is... but you have wait for a long time for signals and pattern to develop when you are trading 5 min. understand that markets were not as liquid or volatile when he started trading 15-25 years ago today in ES 1 min does not whipsaw because Es is so liquid....... and if you...

no be rrealistic... how long do you need to be practicing to be professionally competent? to be fluent in anything? 15 -25 years

i have been trading Brooks for 15 years and lost money. i just could not 'see ' his signals on 5 min. once i started doing what he said not to do -which is trading 1 min charts-everything went right. i has a EUREKA moment and everything Brooks said made sense. He said 1M will whipsaw...

i am in Hyderabad ......but what do you need?

i am back.....on ET never stopped trading....still learning

of course it will reverse and after a point or two it will reverse again. ooops!!! read too much Brooks

only ES but i do not trade his methods exactly...after 15 years i have customized it to my needs which are 1 point trades with about 4 as day....... 4 points a day is enough

i hope so too...... trading is always my passion and i dream to be a profitable trader.i will always work towards that wherever i am and it will continue whether i am on earth or in any other location/place

the second entries are not a bad strategy. but i realized everyday is a new market and you have to find strategy that is in synch with what the market is doing that day. if you trade second entries in a range market you will lose every trade: it is critical that you recognize what is ranging...

thanks for remembering me. i was just busy, not only with trading, but also with cooking, my other passion. i just found the time, and inclination to be on ET again.

not totally......i was lucky i got out just before that happened

i have to be greater than great to summarise my trading experience of 30 years but i suggest you see my earlier post here in this thread and learn channeling. i use it and it is illuminating

oh i was wondering why his books smell like horse shit

Brooks is not unique and he is not from Mars. he calls abc corrections as two legs ....the only thing unique about Brooks is his terminology and you do not need to understand that to understand markets or make money

damn right you dont. i agree 20000%

i have tried it but ..... did not find any value for 5 minute time frame. for longer time frames like hourly and above it may be critical. for daily time frame i think it is critical and it can add value to any strategy or way of thinking, that already has value. but is there anyone who trades...

obviously you do not know what is scalping. risk reward of 1:2 or even 1:4 is ok for scalping because you are taking only high probability trades with small rewards but high win rate . i suggest you understand what is the difference between swing and scalp before making fun of anybody