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we have to accept that to survive you need to trade at an exceptionally high skill level. Brooks often say this and says trading is hard. this is where he is a bit different from others. he does not promise much

there is no magic bullet in trading and second entry is no exception

i am a poor fellow trying to make a few extra usd and i will believe in Brooks, God or the Devil if i can do that

since prop funds have very tight loss targets and you can be totally out on your backside, the only option i think ,traders have ,with prop funds is to scalp. here the problem is that ,with scalps, the stop/risk is high you need a win rate of over 90% to survive. this win rate is not...

second entry is safer than first entry but it is obvious, that if the first, is a wrong trade because of overall context then the second is wrong too. also second entries often lead to scalps

Brooks has a habit of doing that.

you mean first entry is a test or the second is?

yes i can or you can see the video in a earlier post (301) Chapter 10 - 2nd Entries (Al Brooks: Trading Price Action Trends) - YouTube

i am just defining second entries... what they are according to Brooks they have a significance according to you first and second entries do not mean anything. you are right i do not understand what you are saying

that is one problem with Brooks.... you are never sure what he means :banghead::banghead::D

IMPORTANT the stop for a second entry is the same as the first entry. it is not below the second entry signal bar

thanks will see ...

and gets less of the cheese. but he is safer because he knows the cheese is not in mouse trap or that a cat is waiting : he avoids the trap that is the whole point of the second entry. most times it is a scalp. but by waiting for a safer entry , for a second entry ,you miss the strongest...

he is a scalper he trades 5 min. in 5 min he says a 4 point move is a swing. so if you are looking for swings of 30-100 points, you do not look to Brooks. but if you are looking to make 40 one point trades in one US session then Brooks is your man. So to say Brooks is a fraud, is like...

all mentors are frauds . Brooks tells the correct way to trade. you should do what he says though....you dont and call him a fraud

bull shit. i have studied and traded everything for 30 years. everyone is hustling but Brooks talks the most sense. who else tell you that the highest probability in trading is 60%. no one!

that is definition of a swing trade : lower probability, less risk, more profit. less wins as Brooks says trading is math

the title is 'what is second entry?' everyone knows what is the first signal. if you want high probability trades then second entry is safer. if you want safe then you have to give up some profit for that safety. so if you take second entry, when there is no strong trend, then it is a scalp...

all this is pure and undiluted Brooks. and he is called a fraud and i have been asked a thousand times why i believe in him !!!!! his only fault is that he has taken traditional technical analysis and made it unrecognizable.

corrective moves : if there is trend line break and then a trade signal is triggered then the move which caused the trend line break was corrective move. if there is a trend line break and then a trend signal is triggered ,which is an attempt to resume the trend, but it fails and another trend...