Perfect example of why Al Brooks is impossible to follow

Quote from slugar:

So what's the point if what you are saying is true than no one can make money !

yeah man, im not lying to you. the edges are so razor thin the one's making money are either trading enormous size and making very small amount of ticks or points, or they are highly sophisticated in their methods and running several strategies, all automated, with deep pockets, and lightning fast speed AND they are constantly adjusting their strategies (this is key)
 
Quote from wrbtrader:

In addition, you're not dealing with reality if you think new traders aren't making adjustments during their learning curve while trading stocks.


i dont think you understand what im saying.
 
Quote from ChkitOut:

..AND they are constantly adjusting their strategies (this is key)

That is somewhat a misconceptio.

'Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible.'

It was Ed Seykota
 
Quote from ChkitOut:

just 1 pal. i never did the guru thing, brooks is the first.

You have been following Jack Hershey for years; you even did a video for him. What about those How-To-Trade DVD you used to sell? He's a guru. Was he no good either?
 
Quote from atticus:

External validation. Which is why calls or preferably a blotter is needed. It removes the pathological component.

Why are calls so difficult to make?

They are not and we both know that. Hell Lescor and Dustin used to post account statements it's pretty damn easy to use microsoft paint and remove some personal info.
 
Quote from WD40:

You have been following Jack Hershey for years; you even did a video for him. What about those How-To-Trade DVD you used to sell? He's a guru. Was he no good either?

:p What??? I did a video for Hershey? Where the heck is it, i want to see that! and I sold DVD's? Whoever has my money from those sales better get it to me!
 
I guess I don't agree with you. I know markets always change but human nature doesn't so I think my method will continue to be solid as long as I have the right attitude and follow it no matter what!
 
Quote from slugar:

Not sure why this turned into such a hate thread but Donna doesn't deserve this she's been more willing to help me get started than any one else I've asked for! Her method is sound so maybe you should stay on course with your hatred of brooks!

I agree. It's like a bunch of junior high kids ripping on someone to give their own egos a boost. Pretty pathetic.

If their claims are true, that's one thing. But I also seem to remember some pretty good numbers from her on the p/l thread a few years ago, right around the time I was posting.

Anyone making these claims ready to start posting numbers again? Magician? Surf?

Start walking your talk, especially when you devote so much time to trashing others.
 
Quote from slugar:

I guess I don't agree with you. I know markets always change but human nature doesn't so I think my method will continue to be solid as long as I have the right attitude and follow it no matter what!

ok, i hope it works out for you but im just saying, you are in for a surprise. if i can give you any advice its dont even trade a single dollar, keep doing what you're doing in your testing until you are certain you'll make money.
 
That is what my plan is and what I was trying to tell you is I appreciate donna being willing to help a newbie and not make me feel dumb for asking!
 
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