Fake Gurus List

The sweetest face in all of trading . . .
images-2.jpeg
 
Al Brooks's video course is without a doubt the best available to the public and he charges so very little for it. I do not believe Al is still trading as actively as he once did if at all. But he did indeed trade and his video course reflects a depth of understanding of the price action of the emini market few ever achieve.

So has Al (or any of his students who only use his methods) have any proof of profitability? Account statements, third-party audited performance, funds they manage, etc.? There's always been an aura around "pure price action trading" here and at other forums, but I've never seen hard evidence it works.
 
I been on this forum for about 6 years.

I never see anyone post a broker statement of 1 year minimum of trades profit or loss.

I have asked countless trading teachers and trainers (all price action teachers) for broker statement of 1 year minimum of trades profit or loss, documented trades, spreadsheets, anything. How can you be teaching someone something and you do not even trade full time.

They never show me broker statement of 1 year minimum of trades profit or loss, or anything. They claim that is personal, etc or show a few trades. Yet they want my money. They want my energy. They want my time away from family to invest in what they teaching with no proof. Also, if when I follow what they say, and lose, they say go check your mental. Go study for 10,000 more hours, watch the chart. No look, it was head and shoulders and you missed it., etc.

Ever since I adapted the rule of requesting proof from paid trading teachers for my trading business, I have not been scammed out of money in about 4 years and going my own direction. And I told me friend this too, and he hasn't been scammed no more either.

In one year (with hard work and accountability) from now I will be first to post on ET my actual broker statements to prove real edge trading in the market.
 
Last edited:
Ever since I adapted the rule of requesting proof from paid trading teachers for my trading business, I have not been scammed out of money in about 4 years and going my own direction.
.

So did you find a teacher who gave you proof? Do you mind saying which one(s)? My experience is like yours. I've challenged several "price action only" traders (mostly ones who make big claims on forums, not "gurus" who sell courses) and none gave a shred of proof.
 
So did you find a teacher who gave you proof? No, I have never found a discretionary price action full time trader teacher or trading service to provide 1 year of minimum of broker statements or spreadsheet. I think this is very unprofessional. Do you mind saying which one(s)? My experience is like yours. I've challenged several "price action only" traders (mostly ones who make big claims on forums, not "gurus" who sell courses) and none gave a shred of proof. I can tell you this. You are doing the right way jsp326. Myself have lost about $16K investing in trading service and trading teachers where I failed to ask for proof of trade log and broker statements. I was an idot and a few friends of mine. Even worst, I encourage a close friend to spend $3K on some trading service and he lost as well. Throughout my search recently for accountable trading teachers or service, I was recommended to speak to a broker that host automated trading systems for clients to invest in. The guy and I talked. He said something to me like this "An algo developer can not even begin to talk to me or submit his algo to me for consideration, without first providing 1 year of live broker statements of the algo and historical backtested trades, so why in the world would you ever listen to someone or even pay someone how has 0 records or broker statements or even a spreadsheet. In other words, keep asking for proof, but start asking for 1 year live broker statements as well.
Hello jsp326,

I do not post much on ET as I honestly do not like to give advice to anyone trading at all as I am not a consistent profitable day trader. I feel those who make no money, should not post on ET and give advice.

I answered you questions in red
 
Back
Top