Rewind Back 15 Years

Al Brooks said 'there is a bull side and a bear side"

those long will see the bull side

those short will see the bear side.

only those traders will survive, who understand where buyers will come in and where sellers will come in and of course who is stronger
 
sorry

I am trading

but I am too pre occupied to post my trades.

I will post my statement.....it may make you happy or unhappy....

I only know, for certain, my broker will be happy....I know he is dancing every time he sees my account
 
mbondy said:
from $500 to $65 in 2 trading days, that's gotta be some kind of record.
More...

pros risk 1% of their account on a single trade..

I risk 100% because I know more than the pros:D

I have offered to teach the pros for 5000usd but no body has applied.

they all think they know more than me
 
Listen padu, I’m gonna step out of character here for a second to say this because any entertainment value in this thread has been offset by the reality of watching you destroy yourself:

The market is not a place for you to express yourself. It is a mechanism to defer wealth from the present to the future, or to transfer it from the future to the present. If you continue to use the market as an outlet for your psychology, informed traders will keep eating your lunch and that, without mercy.

Technical analysis is a farce. 20+ years losing with TA and you’re still arguing the point? It’s an illusion of quick riches to lure in the greedy and the uninformed. Anyone that tells you differently is either trying to sell you something or is equally as ignorant as you.

Put the fucking keyboard down, quit being lazy, pick up a book, and understand your advantage in trading currencies comes through understanding the underlying economics in the pairs you trade, anticipating the future, and having the courage to act. Putting money on the table because ‘al brooks said so’ is an act of idiocy exceeded only by trading based on technical analysis.
 
mbondy said:
Listen padu, I’m gonna step out of character here for a second to say this because any entertainment value in this thread has been offset by the reality of watching you destroy yourself:

The market is not a place for you to express yourself. It is a mechanism to defer wealth from the present to the future, or to transfer it from the future to the present. If you continue to use the market as an outlet for your psychology, informed traders will keep eating your lunch and that, without mercy.

Technical analysis is a farce. 20+ years losing with TA and you’re still arguing the point? It’s an illusion of quick riches to lure in the greedy and the uninformed. Anyone that tells you differently is either trying to sell you something or is equally as ignorant as you.

Put the fucking keyboard down, quit being lazy, pick up a book, and understand your advantage in trading currencies comes through understanding the underlying economics in the pairs you trade, anticipating the future, and having the courage to act. Putting money on the table because ‘al brooks said so’ is an act of idiocy exceeded only by trading based on technical analysis.
More...

appreciate your point of view and thank you for your valuable insights.

your view on technical analysis is shared by many others.....

thank you for your concern about me

I agree that at the end money has to be made....
 
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Many many years ago, like maybe 35 years, I had Ezycharts trading software. Had the usual shit on it which was TA indicators, maybe about 20 indicators.
As a noob I thought it was terrific, but I always lost money.
When I went to Amibroker and Sierrachart and began coding algos, that was the transformation in my thinking and how I traded.
 
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