BAR BY BAR -- Al Brooks

[Swan Noir]

I was -- am -- the OP of this thread and somewhere along the line I expressed the hope that Al's next book would be written in English. His articles are better written and he has written three more books the first of which is scheduled for release in April.

I have benefited from his book, his articles and his daily webinars. I can't defend the writing in the book. I do not understand not having a qualified editor to make sure it is readable but, that said, i hope he keeps writing and teaching. I think he's a good guy willing, even eager, to share real trading insights.

Quote from Gabfly1:

So what you are suggesting is that just about everything is a setup. Unless it isn't, in which case it wouldn't be.

Some people have opined that it is because Al Brooks is "so scientific" that they have difficulty following his text. I beg to differ. Not being able to herd the cats in one's head does not exactly make someone "scientific." In fact, I am more inclined to believe that if Brooks did indeed have a scientific predisposition, then he would be somewhat more systematized in either his approach or his presentation, and preferably both. Instead, he comes across as a misunderstood artiste.

 

[wrbtrader]

Quote from Swan Noir:

I was -- am -- the OP of this thread...I have benefited from his book, his articles and his daily webinars...

That's all that matters regardless whatever that "benefit" may be.

Mark

 

[Swan Noir]

Agreed.

Quote from wrbtrader:

That's all that matters regardless whatever that "benefit" may be.

Mark

 

[killthesunshine]

why do traders write books anyway?

 

[Joman]

Quote from killthesunshine:

why do traders write books anyway?

I'm sure it helps to structure concepts and clarify things in its own mind... same as mentoring.

 

[killthesunshine]

Quote from Joman:

I'm sure it helps to structure concepts and clarify things in its own mind... same as mentoring.

makes for more profitable trading?

then i'll wait for the 4th edition

 

[Joman]

Quote from killthesunshine:

makes for more profitable trading?

then i'll wait for the 4th edition

Definitely a book I would recommend.

I've read it twice and have learnt a lot of useful strategies: failures, failed failures, failed failures that fail

Seriously, there are a lot of very interesting ideas I haven't found anywhere else. Filtersweep summed it up pretty well at the beginning of this thread.

 

[GiantDog]

Quote from Swan Noir:

I was -- am -- the OP of this thread and somewhere along the line I expressed the hope that Al's next book would be written in English. His articles are better written and he has written three more books the first of which is scheduled for release in April.

I have heard that his next book is not going to come out in April and most likely not May either. He has said that he has redone the manuscript over 10 times in order to perfect what he is trying to say. And the new books are going to add different things compared to the first book. And it is driving Wiley nuts that he keeps going over the manuscript and changing it.

 

[GiantDog]

Quote from killthesunshine:

why do traders write books anyway?

In Al's case, I believe it is for stimulation of his mind for him to try to convey what his thinking is while trading and how he trades and why he takes trades. I also believe he loves the challenge. And it's most likey improving his trading as it has changed since he first started writing his articles for Futures mag.

 

[Swan Noir]

Books are like construction projects; if they finish on time it's a coincidence.

Quote from GiantDog:

I have heard that his next book is not going to come out in April and most likely not May either. He has said that he has redone the manuscript over 10 times in order to perfect what he is trying to say. And the new books are going to add different things compared to the first book. And it is driving Wiley nuts that he keeps going over the manuscript and changing it.