I've signed up with Al Brook's Price Action course
- Thread starter TimtheEnchanter
- Start date
Nobody wanted to answer how Al generates his probabilities.
Are they hunches? Or is he a quant, also?
As I use statistics a lot in my own trading I'm genuinely curious.
Are they hunches? Or is he a quant, also?
As I use statistics a lot in my own trading I'm genuinely curious.
Same here. Appears they took some bad acid and haven’t come down. BUYER BEWARE
Tick data within a contextualized time-series model for futures and stocks. No charts. It’s custom built.
I doubt you’ll find any valid objective findings. Not worth my time, after I saw what he demonstrated in that video. This guy doesn’t trade in any serious way using those methods.
He was asked this question in a webinar a while ago. Regarding his many statements like : 75-80% of trend line/range breaks fail.
Question went something like this : "How do you come up with these stats?"
Brooks answer was (please understand I paraphrase here) "You are not gonna like the answer....30 years of watching the markets everyday".
Funny stuff. Talking a good game is an art form in itself.
ET is like a social club.And the reason you are on ET?
By the way I enjoyed reading your posts.
So it's just after 4:00am where I am right now and I start the day with a nice chuckle.
Volpri & Speedo are nice guys, they know how to trade, I have a lot of genuine respect for them but I enjoy teasing the shit out of them, hahaha.
I doubt neither of them seriously trades if they give this Crooks guy any credibility. If you don't realize that guy is is selling a bag of turds within 5 minutes of listening to him, you have no clue how to trade successfully.