Al Brooks Trading Best Pice Action
- Thread starter Ares
- Start date
Tell you what, if I give a guy $47 and in return I get an ATM card and PIN number for an account that gets replenished with $1000 or more every day, I don't care if he lives in a cardboard box, smells like a dung heap, and owes $10 million in back taxes; I'll enjoy the gift as long as it lasts.
Quote from traderslair:
trying to read him takes time that is lost completely, at least other gurus promising the holy land are easier to read
"As ye sow, so shall ye reap."
Quote from austinp:
there is a slight but profound difference in CL versus 6E
CL will often, very often blow right thru trade-entry signals and never look back for a second chance. You might get stopped out two - three times for small losses but only need one solid win to profit overall for the sequence. Then on what would be the overall winning trade, you miss getting filled and cannot find a strategic way in.
Secondly, CL tends to slip stops often, and sometimes will slip -$50 to -$200 per contract when things get wild. One time I had a one-lot CL position slip -30 ticks / -$300 per contract into 10am econ news.
6E does not do either of those to that degree. It is far more methodical and much less wild than CL. The wildness of CL will lure less experienced traders into bad habits: chasing fills, then trigger shyness, then choking stops or scalping out before price slams them again.
All those behaviors lead to loss and ruin. CL trading is for highly capitalized, highly experienced traders only
True. They could run out of money before they had enough time to find one of your $2499 trading seminars.
the links posted earlier in the thread to his recent videos/books have been deleted.
Any new download links, please?
cheers
Any new download links, please?
cheers
Because I want to make sure people don't lose to much money in believing a guru that makes the most money out of selling books instead of trading.
One rule in trading is, if you have a profitable system: increase your size to make more profit.
well, that's what al brooks did,
HE MADE 3 BOOKS OUT OF THE SAME 1 BOOK !!!
HE JUST INCREASED HIS SIZE WITHOUT CHANGING HIS TRADING SYSTEM!!
why? to take more profit out of your pockets!!
One rule in trading is, if you have a profitable system: increase your size to make more profit.
well, that's what al brooks did,
HE MADE 3 BOOKS OUT OF THE SAME 1 BOOK !!!
HE JUST INCREASED HIS SIZE WITHOUT CHANGING HIS TRADING SYSTEM!!
why? to take more profit out of your pockets!!
You care about people or you've been losing or still losing when you trade and because of this you think that the other people can't make profit too ?
Ok I understand you about the next 3 books and personally I don't need another book with the same stuff, but I know people that can't assimilate even the simple stuff in it and thats not because they are stupid but because of the level of their knowledge so they will need more explanation. Many things have to be explain with more words for some people than others. First time I read the book I didn't understand it completely, later became my favorite along with "Joe Ross - gorilla stuff" books. These are amazing books with lots of knowledge and experience.
If you like on your chart to be motley of indicators, lines, curves and so ok, but when you want to understand the price movement itself, indicators don't help. The only guys I know that are profitable are ones who are using pure price action. Al brooks explain the price movement and you tell us if someone decide to buy or read his book he is fated to lose ?
That is like to say " If you read Dostoevsky then you can write too" ?
