I did a free trial of his trading room last week.
After the trial, there is no way I am going to
join the room.
The end of day analysis he posts in his website "after the fact"
is magically made to look a little more crisper in the analysis
compared to what he mentions "live". There is a subtle difference.
Listening live to his commentary astonished me because
of how vague he is. Comments like "you can buy here but
better to wait for the pullback" was the norm. And, if the
pull back does occur, "I don't like the way the signal bar
looks but you can buy it here". And trades that
he passed because the signal bar didn't look right often
would have been the best trades!
Another thing noted is that the direction of the market
he reads on the 5 min chart was wrong so often
that it wasn't funny. But then his commentary of" it can do
this but it can also do that" covers up that
shortcoming to his followers.
I have Al's original book. In the book, the analysis
is sharp as a Formula 1 driver. Precise entries,
wonderful analysis of various markets, and
aggressive entries off of support and resistance too.
Of course this is after the fact analysis. There is
some good information in the book.
His live commentaries, however, made me feel
like I was in a demolition car. Not sure which direction the
car was going at all.
Are there traders who can make good use of Al's books?
Sure. Can they trade like it says in the book? Perhaps.
Can Al trade like he writes in his own book?
I really doubt it.
