Trading the ES live-the Brooks way

schizo said:
Oh bejesus, when was raunchy sex ever about some chemical reactions in your head? :rolleyes: That's exactly what you sound like.
More...

My bad, I did not know this thread was about sex and all of the foibles that follow it.

Ug.
 
Overnight said:
At any given point in time, you can have a 100% win-rate. You cannot have any more than that, period.
Over the course of time, your win rate could be, for example, 200% over a win rate you had IN THE PAST, but you cannot have a 200% win rate in a moment. That defies maths. Dude.
More...
If I have a 1c penny stock gapping to 5c on some fantastic news, how many percent is that?
 
flash crash said:
No can do. If I don't make it as a trader I'm going to offer to sell it for the low, low price of only $97!

(edit) I've reconsidered. I've not been trading as long as many here. I've not been trading for anywhere near as long a FURU Al claims to have been trading.

Please understand. I have bought many books etc in my efforts to learn to trade. Much of it was not useful to me. But only Al Brooks wrote and sold me a book that I felt was a complete rip off.

But this "index card" is worth far more than his thousands of unreadable pages of trading drivel.
View attachment 347911
More...
Sorry IMO your index card makes no sense for trading and I am not sure that it would help anyone. OTOH Brooks stuff is very useful if one has a mind to learn what he teaches.
 
Yes, of the Chapters of Brooks first Book I've read, I'm certainly not throwing it away.

I am incorporating some of it into The World's Greatest Swing Trading Strategy (TM).
 
padutrader said:
if i traded as the pros do, i should have made ,at least 3000 usd instead of 1100 i actually profited.
More...

Friend, it does not matter in the end. You're either driving a lambo (or slinging several planes / chopperz), or you're reloading your account OVER AND OVER!

If you turn this into a calculus problem and take the limit as time approaches infinity, you quickly discover there are only two outcomes:

1. Financial Independence, due the compounding nature of consistent winningz

2. Insanity from blowing up again and again.

Are there any members on this site who seem to be going crazy? Their win rate is too low, obviously!

:D
 
You must log in or register to reply here.
Back
Top