how to understand Al Brooks

volpri · May 4, 2018

Frederick Foresight said:
My, zenemini, what a lofty perch upon which you sit...

And did I even once ask for any help? Is there perhaps a comprehension issue you'd like to discuss?

padutrader · May 4, 2018

zenemini said:
Something like that would never work on a consistent basis. You'll see, FF will be by to tell us so soon.

padutrader · May 4, 2018

Frederick Foresight said:
I'm just saying it doesn't require years of study and thousands of pages to understand, although AB and JH would have you believe otherwise. They thrive on complexity because it continues to make them relevant in your life. If they were just a bit more customer oriented, they would have simplified a bare-bone concept for what it is rather than cloaking it in unending complexity and equivocation to awe and mystify, and continue to draw a crowd.

i agree with you 150%
my dream is to write a book on how to trade...but one that is one page long...

padutrader · May 4, 2018

Xela said:
Unfortunately, you're not "just" saying that, at all: if you were "just" saying that, the number of people objecting to your posts wouldn't continually be increasing, and you'd have a perfectly fair and reasonable point there, as far as it goes.

The problem here is with all the other things you're also saying, and more specifically the way you're saying them, and the fact that sometimes when people try to discuss them with you, you resort to impugning their integrity in public, by casting aspersions about their identity and even questioning their religious views.

And that's downright obnoxious behavior.

you just cannot fool a woman

padutrader · May 4, 2018

comagnum said:
My eyes are blurry from looking at the 35 pages of Al Brooks crap, does anyone know a trader that you can recommend to help me with my eye problem? No problem if they have no track record at all with Optomology, or better yet one can you recommend one that spent their first 10+ years as a complete failure before switching to a full time promoter writing books on how to treat eyes?

contact brooks he was a eye surgeon

volpri · May 5, 2018

traderGOD said:
contact brooks he was a eye surgeon

He might restore your eyesite and at the same time awaken you out of your coma comagnum. However, you must UNDRSTAND 35 pages of Brooks books did NOT CAUSE your eyesight problems. It may have been all those wasted years studying and implementing useless strategies and tactics along with working overtime to pay for the “higher” education in the trading world when Mr. Brooks offers sound and CLEAR advice for a much more reasonable price.

So get your eyes up to par and crack open Brooks books again and discover a new and wonderful world!

LOL

volpri · May 5, 2018

traderGOD said:
i agree with you 150%
my dream is to write a book on how to trade...but one that is one page long...

Keep on dreaming. I shall not awaken you. But you might want to up your $$ amount of risk to get a better perspective on the psychological aspect of trading. As well as the win rate aspect. I fear your present $10.00 a trade risk will not “cut the mustard” so to speak. Big money kicks in big emotions and well 10 bucks a trade will get you stopped out aplenty. More than you may wish. Although some folks around ET do seem to prefer a high losing rate .......LOL

padutrader · May 5, 2018

volpri said:
Keep on dreaming. I shall not awaken you. But you might want to up your $$ amount of risk to get a better perspective on the psychological aspect of trading. As well as the win rate aspect. I fear your present $10.00 a trade risk will not “cut the mustard” so to speak. Big money kicks in big emotions and well 10 bucks a trade will get you stopped out aplenty. More than you may wish. Although some folks around ET do seem to prefer a high losing rate .......LOL

you may be right
but there is another aspect to trading: making a losing trade hurts your ego that is why traders do not cut losses.It is not the money aspect: Soros wont care for a 100000 usd loss but he will care that he had a losing trade.
i am not here to create an impression like Al does; my trading is for fun and to kill time till time kills me.

zenemini · May 5, 2018

volpri said:
Big money kicks in big emotions and well 10 bucks a trade will get you stopped out aplenty. More than you may wish. Although some folks around ET do seem to prefer a high losing rate .......LOL

The bigger my stop loss became, the less I lost. It took some time for me to learn that while one must cut losers short, it is possible to cut them too short, thus snuffing out a win for the sake of "keeping losses small."

lawrence-lugar · May 5, 2018

zenemini said:
It took some time for me to learn that while one must cut losers short,
it is possible to cut them too short, thus snuffing out a win for the sake of "keeping losses small.

If you cut losses/winners short, you certainly run the risk of missing out on longer profits/losses and vice versa indeed.

It's just a matter of time...before the trader quickly realizes...what the heck am I doing...do I even have an edge or skill...or am I just being sucked up by this random vortex that is the market or my skill and understanding and approach and wisdom,