Tribute to Brooks

tony.m said:
For 1 week do the opposite of what Al Brooks teaches, I can guarantee your win/loss ratio will be much better than by following him.
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i do not think you understand him.

he does not teach any method....and that is what perplexes everyone.

he teaches a 1000 methods. all known for 100 years. only he uses his own terminology

choose any one.

i am trading mostly second entries.

and i am doing much better because i have shifted to gold....you need clean swings to trade......

and for some reason audusd is not doing that in the last few days i have started the journal
 
from now on I will be trading second entries in gold,XAUUSD.

what are second entries see Brooks explain it below
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I believe 90% of Brooks income comes from the video course, books and the $99 a month chat room. His win ratio is somewhere close to 50-55%
 
I've posted dozens of times: If you want to day trade the emini there is not a better place to lay your foundation than Brooks's video course. But you wouldn't know it to read Padu's journals. He feeds the anti-Brooks trolls and validates their view.
 
Al Brooks himself has said that at anytime chance of a break to the upside is 40-percent while the downside is also 40-percent. You're better off with a coin toss.
 
tony.m said:
Al Brooks himself has said that at anytime chance of a break to the upside is 40-percent while the downside is also 40-percent. You're better off with a coin toss.
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not really.....

with a coin toss you get heads or tails....

but with a break out you may get 2ticks or 50 ticks or 100 ticks
 
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