Al Brooks Net Worth

[sridhga]

Al Brooks did a live trading workshop in Orlando last year for $2,499 a pop but with no live streaming or recordings (all phones off while Al is in the building)
The little guy is camera shy when it comes to performing live.

I have seen him trade live twice and both times got out at BE.

Trading is an endeavor whose outcome is based on probability. That makes it risky to teach it, since, most people do not really understand probability in its true sense. If he managed to exit the trade at BE then he is too good, as it seems he covered two potential loss trades at BE. Place yourself in his shoes in that scenario, and you will understand what I mean.

Let us try to understand how this problem could be handled. There are setups where he says the probability is 60%. He has to show someone maybe a hundred transactions that have the same setup to demonstrate that the setup is profitable over the hundred trades. How easy is that to show in a live demonstration? How many days that would take to demonstrate it on a live scenario on 5 minute time frame that he uses?

I am not blindly supporting him. I am trying to understand what happened or what could happen.

The other way to handle the problem is to train the students well on probability games and move them to trading once they are ready. How easy is that when most people don't want to pay USD 70 for a book or say USD 399 for sessions? I think it is difficult to be a trading trainer in the current scenario.

 

[tony.m]

If he managed to exit the trade at BE then he is too good, as it seems he covered two potential loss trades at BE. Place yourself in his shoes in that scenario, and you will understand what I mean.

He was long 2 contracts of ES (for 2 point scalp), price went against him then he added 3 more contacts. At the end he was risking $500+ to BE.

 

[BuzzTrader]

He was long 2 contracts of ES (for 2 point scalp), price went against him then he added 3 more contacts. At the end he was risking $500+ to BE.

500 bucks isn't that 20 subscribers a month ?

 

[tony.m]

500 bucks isn't that 20 subscribers a month ?

$99/month

Normally this is how the Al scam works.
1) Buy the book $50
2) Buy the course $350
3) End of day review / signals group $99/ month
4) Watch him trade live in person $2499
5) Buy his mate Ali Moin-Afshari's trading software $4999.99

Congratulations now you are ready to use the Buy and Sell signals from the software to make a dollar or two.

 

[sridhga]

$99/month

Normally this is how the Al scam works.
1) Buy the book $50
2) Buy the course $350
3) End of day review / signals group $99/ month
4) Watch him trade live in person $2499
5) Buy his mate Ali Moin-Afshari's trading software $4999.99

Congratulations now you are ready to use the Buy and Sell signals from the software to make a dollar or two.

You seem to have the full menu out there. I didn't know this list. I just read his book and I found it very useful in designing my trading systems.

 

[Laissez Faire]

Man, that's all he does around here, drag people down in the mud that he crawls in. He never posts any live trades. Most of the calls he seldom posts on ES Journal are pretty bad, which everyone there knows. But in his mind, he's of course the best around here.

He has a big mouth, but knows shit about shit. With a very nasty and unpleasant personality.

 

[SunTrader]

Brooks-Speak "Now, if you wanted to, you could have exited short and gone long,...."

 

[Laissez Faire]

The bullish constipation is a classic.

 

[rb7]

You can dig the internet to read about me if you could find that in your investigations. I don't need your approval. I trade for a living and that is enough for me. I don't consider trading as some kind of super human activity like some assume it on this site. Actually it is boring with several hours of no moves with frenzy of activity interspersed there in. I don't really need to search for Al Brooks or his education or his wife. I am looking to improve my trading results not from any books. I am working my own parameters and metrics. Whatever I had to learn from others I already learnt from the books. I trade 3 different instruments of which 2 are not scalable but provide regular monthly income. These don't need improvement. The other one is a wealth builder and it gave 30% per month for the last 18 months and I am multiplying that fund in a cumulative manner. This needs improvement because of intermittent frenzy that it causes. I do my research which is basically data collection and I am trying to understand the relationships between different data sets. I speak to old friends who are also traders on this research. I also swing trade select shares based on seasonality and this gives me 50% per year on my capital. Some shares I have been holding for more than 15 years which multiplied several times over. These shares give me dividend income. I took early retirement from my accounting practice. I come to this site for fun and entertainment. People like you keep this forum interesting with your conspiracy theories. What legit edge you are talking about? Trading is a very boring activity except for the research part. Execution is just boring.

30% per month for 18 months, that comes out to more than 100x your initial capital. Keep going like that and you'll become the richest man on the planet!!!

 

[newwurldmn]

You can dig the internet to read about me if you could find that in your investigations. I don't need your approval. I trade for a living and that is enough for me. I don't consider trading as some kind of super human activity like some assume it on this site. Actually it is boring with several hours of no moves with frenzy of activity interspersed there in. I don't really need to search for Al Brooks or his education or his wife. I am looking to improve my trading results not from any books. I am working my own parameters and metrics. Whatever I had to learn from others I already learnt from the books. I trade 3 different instruments of which 2 are not scalable but provide regular monthly income. These don't need improvement. The other one is a wealth builder and it gave 30% per month for the last 18 months and I am multiplying that fund in a cumulative manner. This needs improvement because of intermittent frenzy that it causes. I do my research which is basically data collection and I am trying to understand the relationships between different data sets. I speak to old friends who are also traders on this research. I also swing trade select shares based on seasonality and this gives me 50% per year on my capital. Some shares I have been holding for more than 15 years which multiplied several times over. These shares give me dividend income. I took early retirement from my accounting practice. I come to this site for fun and entertainment. People like you keep this forum interesting with your conspiracy theories. What legit edge you are talking about? Trading is a very boring activity except for the research part. Execution is just boring.

why would you bother with a 50% return per year when you can make 30%/month?

Why are you merely making a living if your returns are so awesome for so long?