Al Brooks video

[SimpleMeLike]

no medical student would dispute his/her professor has conducted more successful
surgeries than not.

With Al, we simply don't know for sure if or how profitable he is.

That wouldn't be accepted in the medical community, lol.

Hello VEGASDESERT,

I will share this as it is strictly my opinion for my own trading business and trading journey.

It is Free country and people say and do what they want to do.

But for my trading business and my learning, I have one rule from now on as far as investing time, money and energy in trading education and it states this.

I shall not learn trading from anyone or anything who does not have at least 1-2 year real live track record ever again in my life.

It's 2022, and in my humble keep-it-simple opinion, if you can not get your butt on https://www.kinfo.com/leaderboard/profit and prove you can trade to your paying customers, I am not learning from you. Period. I can not afford to be stupid any more. Being stupid has cost me too much money in this trading game.

But I respect all people, and what they do. But I got bills pay. And as my grandfather use to say "boy, I see better than I hear.

 

[easymon1]

Fred, as I've mentioned a number of times before, studying Al's work intently over a period of months is the primary influence for my transitioning from a profitable but relatively stressful and inefficient scalping methodology to a more profitable and less stressful day swing one.

There is only one P&L I have interest in and while I strongly suspect Al does quite well trading, I really don't care. It's his excellent work on price behavior that has my respect.

I don't participate in threads like these to argue with people who know little of what they are arguing about but to caution new and developing traders to do their own investigations into what might provide value to them, and not simply rely on opinions (including my own).

Learning to trade is challenging enough without bringing a closed and prejudiced mind to the table.

Do you use any of the 1300+ acronymns?
Which ones would you say make the top 10 list consistently?

 

[speedo]

Hello speedo,

Great write up.

I agree with you, proceeding with discretionary/manually trade with Price Action rather learned from Al Brooks or any other teacher of price action will take X-XX years. It is not an over-night passive income or wealth building journey as what many in the trading industry preaches.

Regarding the those traders that want to see live trading performance before putting in the effort of study and practice. I honestly have no comment on that and gave up on that request. However, I certainly respect anyone who wants to see trading performance from their teacher or mentor, etc. I guess that makes business sense.

I am indifferent. But happy.

Generally speaking, the value we receive from understanding a thing is directionally proportional to the effort put into understanding the thing...hope all is well with you SML

 

[speedo]

Do you use any of the 1300+ acronymns?
Which ones would you say make the top 10 list consistently?

LOL, I was more interested in his study re price development and behavior as it pertains to structured setup more than memorizing lists of terms. I have my own vocabulary...for example, what he refers to as H1s, H2's, L1s etc. are variations of flags and zone retracement patterns which is how I perceive them in my trade plan. That's simply one example, the point is concept and understanding trump (apologies to those who are triggered by that word) terminology.

 

[SimpleMeLike]

Generally speaking, the value we receive from understanding a thing is directionally proportional to the effort put into understanding the thing...hope all is well with you SML

Hello speedo,

Thank you speedo. ALL is definitely well sir.

 

[speedo]

Hello speedo,

Thank you speedo. ALL is definitely well sir.

 

[easymon1]

flags and zone retracement patterns

I dig me some retracements / pullbaks to support too.

 

[speedo]

I dig me some retracements / pullbaks to support too.

 

[VEGASDESERT]

Hello VEGASDESERT,

I will share this as it is strictly my opinion for my own trading business and trading journey.

It is Free country and people say and do what they want to do.

But for my trading business and my learning, I have one rule from now on as far as investing time, money and energy in trading education and it states this.

I shall not learn trading from anyone or anything who does not have at least 1-2 year real live track record ever again in my life.

It's 2022, and in my humble keep-it-simple opinion, if you can not get your butt on https://www.kinfo.com/leaderboard/profit and prove you can trade to your paying customers, I am not learning from you. Period. I can not afford to be stupid any more. Being stupid has cost me too much money in this trading game.

But I respect all people, and what they do. But I got bills pay. And as my grandfather use to say "boy, I see better than I hear.

I took what i could from Al and try to make it my own.

No longer have any interest in watching his vids, his website, his chat room, nothing.

Im done with all that for good.

 

[volpri]

Doctors are not all trained by one guy one discipline, especially one who says this is how to do it ... without doing it himself.

Major Universities are teaching hospitals as in watch me do it - for real/live right in front of your eyes.

Well excuse me…I was not aware just anyone could “walk in” without any diligent study and theoretical knowledge and sit in on a “watch me do it heart bypass”. Of course I am hyperbolizing but not just any john henry is gonna get the privilege to watch such stuff without YEARS of study under the belt first.

You are making assumptions about Mr Brooks and I’d wager he is never ever going to render you the pleasure of seeing any account of his nor is he ever gonna execute a live trade in front of you and tell you that he is actually doing a live trade. He has his reasons. Besides it is not relevant to YOUR trading. It only proves he can make money in one account even if he did it over a year time period. He could be losing thousands in another account.

Furthermore, just seeing someone do it doesn’t not mean you will be able to do it.

Many professors don’t even do what they teach. They just teach and draw a salary. That does not mean the principles they teach are wrong and are not useful.

Like I said “every man makes his own ship wreck”.

Learn really well peoples ideas and test them on a live sim for yourself. That is a better way to make a judgement. Whatever works for one trader may not work well for another trader…because of several reason. Every trader has to find what fits for them.