i agree with you totally: very well said.
but you have to learn the shit from somewhere
i learnt it from Brooks because i wanted trade 5 min all day all night and in between too
WHAT IS A SECOND ENTRY ?
- Thread starter padutrader
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but you have to learn the shit from somewhere
i learnt it from Brooks because i wanted trade 5 min all day all night and in between too
Hello hilmy83,
Brooks hosted 1 live trading seminar at a cost of $3000 in a Florida hotel and took 7 trades in the entire 20 years he been teaching in a hotel in front of paying students. LMFAO HAHAHAHHAH
He host a trading room for $100 a month and never takes not one live or Sim trades to show his students.
Scam and a fraud. Brooks pimping that price action to traders and the trader (e.g., his hoes) wasting their time and money on everything he teaches.
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Hello padutrader,
That's a good sir. I'm proud of you sir.
I have no issue with you, just Brooks is not a genius by far.
I'm curious.
Weren't you in the KISS doesn't work camp? That trading is much more difficult than buying low/selling high near a swing or BO point?
You feel Brooks is unnecessarily complicated and not worthwhile.
You are not a fan of indicators (same here).
What do you feel is worthwhile and just complicated in the correct amount for others to pursue? I assume it is not with a statistical model since I believe you have stated you are only marginally profitable/breakeven and the model was not easy to build.
If you feel nothing is worthwhile and it is best to not trade, why continue to trade after so long?
I'm in no particular camp, but yes, I did say that Scat's BS hindsight TA stuff doesn't work sufficiently.
Pretty much, yes.
Not sure I ever said that. I do use several indicators. Mostly custom stuff and not the classical TA indicators. Nothing fancy, though.
I'm not a trading coach. People are free to pursue whatever they want for what I care, but if you've been studying Al Brooks for 10 years and are still stuck studying Al Brooks, well...
My recommendations for most people is that it's best to give up, though. Since most people are most people and most people simply lose.
Statistical modeling works fantastically well, to be honest and my own trading is better than ever.
I don't think I ever said nothing is worthwhile.
But trading is a tough business and you need to do your own research/reasoning/testing. In trading you're alone and nobody will hold your hand towards riches. Only the snake oil sellers and educators will "help" you for a small fee...
Here's the complete playlist of all the videos mentioned on Al Brooks (on the top right corner of the screen it reads 1/14 -- or 1st of the 14 videos). I think it's a good primer for Al's materials, especially for anyone who follows price action. But the real meat is with the market psychology. In another word, WTF were you thinking when you entered long at that price? Or better yet, it never crossed your mind that others couldn't read your mind and you fell straight into their trap?
yes ... i agree but i cannot explain it .
sometimes everything lines up and you are scared to take the trade.... and the trade works!! I call this outsmarting your self.
sometimes you just dont feel right and you end up being right meaning the feeling was correct.
i get the feeling that you are very experienced and mature trader.you do have an open mind and you think outside the box.Here's the complete playlist of all the videos mentioned on Al Brooks (on the top right corner of the screen it reads 1/14 -- or 1st of the 14 videos). I think it's a good primer for Al's materials, especially for anyone who follows price action. But the real meat is with the market psychology. In another word, WTF were you thinking when you entered long at that price? Or better yet, it never crossed your mind that others couldn't read your mind and you fell straight into their trap?
he does not claim to be.a genius i mean
i learnt from him and slowly developed my own style.
that happens with everyone or it should .
learning is not rigid