Tribute to Brooks

[volpri]

Volpri, your journal is excellent and clearly shows your understanding of Al’s work but you may as well try and teach mules to tap dance as convince anyone who would argue endlessly against something they know little to nothing about.

Thanks for the journal comments. It is how in the markets that I have learned cognitively, adapted, and practiced Brooks, and a handful of other authors concepts, including a few of my own inventions.

I always have a little hope that some mules will learn something from my efforts to explain. I sell nothing and ask nothing other than that folks try to understand and Sim it if perchance it may help someone in their SIM Trading ROFLMAO.

I admit I am a maverick. I have done a lot of training seminars in a totally different field from trading and since I jolt people and provoke people in those trainings to consider other points of view and then I tell them the work involved to arrive at success. I find most are not able to make the “leap”. They simply cannot, or are not willing, to accept or process the concepts OR commit to do the work. Maybe 5% gone on to success from my trainings. I tried toning down my presentation. In case it was me. The percentage got worse. I came to the conclusion that to learn something that breaks tradition and worldview folks have to be provoked deeply, or they will simply dismiss what is being shared, as they cannot conceive it as being true. Tradition and WV are powerful things and hard to penetrate.

Interestingly, the folks that buck the trainings the most as they are being given live, i.e. those that counter the concepts the hardest in the live trainings ..those that appear to be the biggest mule headed, stubborn people, often end up being the most successful once they are able to make the leap. Most can never make the leap. I have had folks get up and walk out of a live training so mad; they can’t take it any more. Sometimes, after they calm down they will saunter back in because what was presented intrigued them as much, or more, as it made them angry.

Fortunately, there are a few that are able to entertain, chew on, and consider things they never have considered, and practice them making adaptations. These usually end up with success. If they commit to the work and are willing to do whatever it takes. They do see success at different levels, but that is another topic to discuss. Many, if not most, of the others just continue doing what they have always done and of course they get the same results they have always gotten.

 

[speedo]

Hello Volpri,

See my results below. As I said, when I stop listening to all those damn al brooks videos, I started making money. And that is one week. 180 trades too, so you know its no bullshit.

I hear you man on all the historical patterns stuff. But I have money to make, I do not want to hear all that wait for 5 and 10 years bullshit man, keep hardworking bullshit man. And I do not want to hear all that Tom Brady bullshit. Tom Brady a damn millionaire and he has the money and time to get better. I do NOT. I still work full time job as well and try to trade, I have NO time for bullshitting. I got bills to pay and people to take care of. If I am using my time and energy and money to pay a man to show me how to make, your ass better show me how to make money. PERIOD. I trade to make money, and like I said, Al Brooks shit do not work. Maybe Brooks and I are not on the same page. He got too much shit to try and comprehend. And 2 of my other friends I know bought al brooks said the same. I stop studying that shit. Now some of his stuff makes sense theoretical, but that means nothing, if I can not make money with it. Alot shit in trading make theory sense, but can you make money from it??

Its about Money. Its not about a damn thing more. I be a damn fool to continue to listening to a man show me how to trade, and makes no money. That shit is stupid. That is pimping, I am not a damn hoe.

Brooks do not even trading live to even give his students "hope" that one day they can make money. Nothing. Just keep working hard. Come on man, that's bullshit. And that is not right. So I stopped listening to his course. Luckily it only cost me about $400.

And I said before, no Al Brooks students post records show they produce from his teaching style. So why the fuck would anyone keep listening to the man.

I do not mind studying, but it needs to be from someone who can produce. Other wise I keep doing my own shit.

I studied his stuff, took what I can from it, and moved on. Would I recommend another person to his course. Absolutely Not.

"He got too much shit to try and comprehend." You may have isolated your issue.

 

[SunTrader]

.....
Pardon me while I go eat some cow meat.

 

[SimpleMeLike]

"He got too much shit to try and comprehend." You may have isolated your issue.

Hello speedo,

Yes, that course is tooooooo complex. And you listening to a man who does not even trade and show his account balance to gives students hope that one day they would be profitable. I was in his paid room, and all day this man do is talk all day, do not even trade. 8 hours of talking and bullshiting. Come on man, that makes no sense.

Even if Brooks wants to protect his edge of how he trades, atleast show your PnL at the end of the day to give your students hope.

I can't do it. It is just not good business sense for me to follow someone like that. Wasting to much time.

Now all this damn time he preaching 5 minute charts, and he post a youtube trading the damn 15 seconds chart. lol come on man. That is misleading and not fair to those students spending their time and energy to learn this man stuff.

Trading is business of making money, and if you can not produce money, you should not be teaching students and selling them product. Period. Period.

And if Brooks teaching others how to make money and selling courses for fee, and Brooks can not produce, this is called fraud and pimping the system. You LYING to make an income from selling trading videos. Selling dreams. Period.

And alot of you ET guys need stop bullshitting and call it for what it is. STOP giving guys like Brooks a pass. This man, need to show his students, he knows how to make money from what the fuck he is selling and talking about. PERIOD.

 

[SunTrader]

One of the problems of using Tradestation "sim", as soon as price hits that limit price, you are filled, it is no where near to real time or Ninja sim which gives an order number, can bounce on your limit order 50 times and not be filled. A trader could waste a year and much money simming on Tradestation then thinking real time be same in Tradestation is in for loses.

You think Brooks concentration level same when he simming as opposed to real time the same?
And risking 3 points to get one point plus commish, even at 80 percent, unless you doing size, equity curve moving slow.

LIBB needs to be set, then no problemo. The real deal or pretty damn close.

Now as for most other retail backtesting software systems - that is when big assumptions crop up.

 

[volpri]

I had a similar experience with the first edition of the first book. It was poorly edited and not well written. I didn’t understand the quality of his work until someone convinced me to acquire the video course which is much more accessible than the books. I’ve gotten more out of the study than years of various books, seminars and paid chat rooms but no one can force achievement on anyone and understanding price behavior and formulating a viable trade plan from that understanding takes a lot of effort...and an open and curious mind. Things in short supply on ET.

Unfortunately such things are in short supply on ET. You know as long as I have been at this way longer than I ever heard of Padu I have actually learned a few things from guess who?Padu!

I try to keep my mind open and I am willing to learn from anyone. ANYONE. I could care less what country they are from or what race they are. Even a person education level means little to me. Some of the biggest jackasses in the world are some of the most educated. But even then I am willing to learn something from an educated jackass. I also have learned and benefited in so many ways from things I have learned from uneducated, illiterate folks, living in the mountains of Honduras.

I can learn some things from Padu’s trading experience. I doubt I could learn anything from Padu’s golfing simply because I am unwilling. Golfing never has interested me in the least unless it was an occasional game of mini golf with my kids, wife, or grandkids. I hope Padu can learn a few things or a lot of things from my experiences as I can from his.

 

[speedo]

Unfortunately such things are in short supply on ET. You know as long as I have been at this way longer than I ever heard of Padu I have actually learned a few things from guess who?Padu!

I try to keep my mind open and I am willing to learn from anyone. ANYONE. I could care less what country they are from or what race they are. Even a person education level means little to me. Some of the biggest jackasses in the world are some of the most educated. But even then I am willing to learn something from an educated jackass. I also have learned and benefited in so many ways from things I have learned from uneducated, illiterate folks, living in the mountains of Honduras.

I can learn some things from Padu’s trading experience. I doubt I could learn anything from Padu’s golfing simply because I am unwilling. Golfing never has interested me in the least unless it was an occasional game of mini golf with my kids, wife, or grandkids. I hope Padu can learn a few things or a lot of things from my experiences as I can from his.

"You can observe a lot by just watching."....Yogi Berra

 

[volpri]

Hello Volpri,

See my results below. As I said, when I stop listening to all those damn al brooks videos, I started making money. And that is one week. 180 trades too, so you know its no bullshit.

I hear you man on all the historical patterns stuff. But I have money to make, I do not want to hear all that wait for 5 and 10 years bullshit man, keep hardworking bullshit man. And I do not want to hear all that Tom Brady bullshit. Tom Brady a damn millionaire and he has the money and time to get better. I do NOT. I still work full time job as well and try to trade, I have NO time for bullshitting. I got bills to pay and people to take care of. If I am using my time and energy and money to pay a man to show me how to make, your ass better show me how to make money. PERIOD. I trade to make money, and like I said, Al Brooks shit do not work. Maybe Brooks and I are not on the same page. He got too much shit to try and comprehend. And 2 of my other friends I know bought al brooks said the same. I stop studying that shit. Now some of his stuff makes sense theoretical, but that means nothing, if I can not make money with it. Alot shit in trading make theory sense, but can you make money from it??

Its about Money. Its not about a damn thing more. I be a damn fool to continue to listening to a man show me how to trade, and makes no money. That shit is stupid. That is pimping, I am not a damn hoe.

Brooks do not even trading live to even give his students "hope" that one day they can make money. Nothing. Just keep working hard. Come on man, that's bullshit. And that is not right. So I stopped listening to his course. Luckily it only cost me about $400.

And I said before, no Al Brooks students post records show they produce from his teaching style. So why the fuck would anyone keep listening to the man.

I do not mind studying, but it needs to be from someone who can produce. Other wise I keep doing my own shit.

I studied his stuff, took what I can from it, and moved on. Would I recommend another person to his course. Absolutely Not.

Well simple I am glad you found something that works for you. However, that doesn’t mean what Brooks teaches is bullshit. It just means you were not able to get it to work for you. May ask how long did you try?

 

[SimpleMeLike]

However, it's a cruel thing to be giving recommendations - either personally or recommending other people's services if you're not making money yourself from it. If so, you should rather say, "I think the teachings of Brook's hold some promise, but admittedly, I'm not yet making much money from it." Correct.

Personally, I would be surprised if Al himself makes any serious money from trading beyond selling courses, but I can't say for sure. Does anyone else make good money using Al methods alone having been a student of him? I can't say for sure. It's definitely possible, but if so it seems to be a silent minority.

Hello Laissez Faire,

I agree with your comments 2000%. You are correct.

Traders need to hold Brooks accountable or anyone else out there charging people for a trading service and Brooks can not produce and even worst, what he teaches, his students can not produce money with. This WRONG. Its wrong wrong. And when you tell someone Brooks stuff not working for me, they say "well you need to work harder", or "go study for +5 more years".

 

[volpri]

@simpkemelike

How long have you been working at your new profitable trading system?