Search results

Unfortunately, you missed your price target by a tick. So I imagine you got stopped out at 26.25. In any case, why did you enter at 27.75? Because it broke out? Well, it came back down for a retest. So next time, WAIT!

Oh, you think that's a real cringe. This is a shocker.

Oh, he does? Why, that's a first. :sneaky: In my short forays into his threads, I don't remember seeing any halftime reviews. He only denigrates himself as a worst trader ever lived. Can't argue with that, I suppose. But where does he talk about his trades?

But why beat a dead horse? We already know that most authors on trading books prevaricate. Brooks is no exception. However, you shouldn't disparage others who might find Brooks helpful. And while I personally don't do bar-by-bar analysis, I do utilize the same premise for leg-by-leg analysis...

You mean like switching between RSI and MA? Sure, it can be done. For example, MA's can be used in a trending market while RSI can be used for rangebound markets.

You must be from Zimbabwe or something. Remember when Zimbabwe's stock market went up over a gazillion percent? It still meant nothing because that wasn't even enough to buy a toilet paper to wipe your ass. The reason people are so fixated (but nowhere near as you) on these "%" is because...

Okay, so I have a noob question. When you place an order, it first goes to your broker, doesn't it? Then it gets transmitted to the exchange, right? Suppose your broker is in, say, Texas (or somewhere far from Chicago). What difference does it make then whether the VPS is right next door to...

C'mon, man. Are you a complete noob or what? You sure sound like one. What, you want him to hold your hands as well? :rolleyes:

I don't recall him explaining anything Brooks other than that the dude is a genius. Go figure. :)

Why you asking me? I've gone beyond that stuff. :) Anyway, there are tons of Youtube vids related to Brooks' methods. They even take their time to explain it in simple english what Brooks meant. So you don't necessarily have to read any of his damn books. What more do you want?

Actually, there are some good info in Brooks' books. For example, how to count legs among others. But the way Padu trades, I don't see Al Brooks anywhere. He says he followed Brooks for 20 years. Just what the hell were you reading?

You've had 2 strikes. So one more and you're out. Yeah, the next one will be the nail in the coffin. And quit sounding like a damn broken clock. Ggrrr

BTW do you notice the July selloff is much bigger and steeper than the April selloff. It's only gonna get worse going forward. Brace yourself. One of these days, we ain't coming back. At least not in a V-form.

And you were saying the exact same thing back then that you are saying now: "V!~V!~V!!!" :D

Padu, take a moment to review these two videos. Do both of these resonate with your current trading?

Man, I've already tried to help this poor dude. But I seriously doubt there's any cure for him. He thinks he knows Al Brooks, but the way he trades is anything but Al Brooks IMO. Not only is he clueless about Brooks, he doesn't even bother listening. After 20 years of failure, you would think...

The LOW up to that point was at 5325. When you say double bottom, you can't just arbitrarily attach it to any low. It must be THE low. That's true to a certain extent, but since price did break below the lower channel line of the uptrend, it would be safer to assume that trend reversed for the...

These noobs deserved it. They violated their own stops (or did they even had one?).

You talking about your little penis? Oh, you mean the price. :sneaky:

Well, I think both you and PPC were right. :) The price was in a DOWNTREND. But once it touched the lower channel, you sensed that it might have been the BOTTOM (which it turned out to be).