Al Brook's trading course
- Thread starter smallStops
- Start date
TY SS...very understandable
yeah......Al Brooks is hilarious....
..especially when he tries to provide an explanation for every conceivable price action.
Here's his explanation for trading ranges as taken from this pdf (http://www.elitetrader.com/vb/showthread.php?s=&postid=3671591#post3671591):
"Big traders do not hesitate to enter a trend during its spike phase, because they expect significant follow through, even if there is a pullback immediately after their entry. If the pullback occurs, they increase the size of their position."
So I guess every big trader has read Al Brooks' books and every big trader is following the same rationale when taking a trade. Al makes the stupid assumption that "big traders" are mostly right and always know what the hell they're doing.
The guy is a joke and if one still can't see that then they deserve to stay with the losing crowd.
If you've ever heard him do a webinar he sounds like Mr. Mackey from South Park and never trust a man that sounds like Mr. Mackey from South Park.....hhmmmm okaaay.....hhmmmm okaaay
<iframe width="420" height="315" src="http://www.youtube.com/embed/5G4HxrVx20A" frameborder="0" allowfullscreen></iframe>
I'm sure someone has already done such at the free forum of Al Brooks or here at Elitetrader.com that has gotten lost in all the debates about Al's English.
In fact, I would be highly surprise if someone has "not" done such considering the bashers continued talk its just common sense price action or rehash of basic trading concepts.
He is funnier than the trading Albert Brooks,
After 5 years on technical anylysis trading , we have to invent the next snake oil marketing gimmick , t/a boloks , picks and shovels market is saturated.Let us rehash t/a p/a courses.
http://www.youtube.com/watch?v=nDO3IJKB-P8
I just want to check :
Do most education sellers always IMPLY that they are profitable?
What would happen if people found out they are not consistently profitable? what would happen if people found out that once in a while they blow up some accounts for instance?
Would it be difficult for them to sell their courses or books or newsletters?
Do most education sellers always IMPLY that they are profitable?
What would happen if people found out they are not consistently profitable? what would happen if people found out that once in a while they blow up some accounts for instance?
Would it be difficult for them to sell their courses or books or newsletters?
Quote from NoDoji:
I've written about price action in very simple terms here quite a few times with pretty charts and everything. Nothing helps if you're not willing to do all that work with the info, no matter how simply it's written.
How useful is price action in volatile , uncertain and trending markets?Why not just use moving averages ?sex is simple , but you don't have to put up kama sutra acts everytime , trading is also very simple ,so why do traders have to complicate with trading kama sutra acts from Al Brookes?
Bar by bar price action trends?
http://ezinearticles.com/?A-Technical-Analysis-Course-in-Price-Action&id=1836149
http://www.amazon.co.uk/Trading-Price-Action-Trends-Technical/dp/1118066510
Here use simple moving averages , they smooth out price action trends
Introducing the kama sutra trading of No Doji with Al brookes
crazy kama sutra video for traders is on the net .just google.
Is it true that education sellers imply they're profitable? I know they all state that they're "experienced" and they state that they'll teach you methods for trading profitably, but I'm not sure if I ever recall anyone in the books I've read stating that they made N amount of money purely from trading.
Linda Raschke openly admits blowing up early on.