WHAT IS A SECOND ENTRY ?

padutrader said:
i have only studied Brooks for the last 15 years.

after seeing all the videos in his channel his books may be easier to understand.

i could understand shit till i saw the videos
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Funniest Post I've read for a long time. 15 years, couldn't "understand shit"!

Long Live Padu. Long Live the King.
 
zghorner said:
I've been burning through trading books like crazy lately and in need of 1 today...could you recommend one on the topic of PA or day trading or whatever you deem worthy of reading?
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No books will make you into a successful trader. All they can do is give you a pointer or two to help you come up with your own original ideas.

I would recommend you read Sun Tzu's "The Art of War". Why? Because trading isn't about finding the most perfect setup. It's about being able to read the market, that is, market psychology. It's not what you do that matters, but what others are doing that counts. It's not when you get in or out of the trade that matters, but knowing how to avoid traps that counts in the end.
 
schizo said:
No books will make you into a successful trader. All they can do is give you a pointer or two to help you come up with your own original ideas.

I would recommend you read Sun Tzu's "The Art of War". Why? Because trading isn't about finding the most perfect setup. It's about being able to read the market, that is, market psychology. It's not what you do that matters, but what others are doing that counts. It's not when you get in or out of the trade that matters, but knowing how to avoid traps that counts in the end.
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I know what you're saying...there are several books that i got absolutely nothing from...and most have that one golden nugget that will help you down the road. ("love to lose money, hate to make money" from The Dao of Capital comes to mind).

I've read AOW twice now and will probably revisit at some point. I am a pretty committed book worm...Probably going to find something else specific to crude but considering PA. Even if there is no guarantee of knowledge i still think it's good to be immersed in related subject matter.

thanks.
 
zghorner said:
I know what you're saying...there are several books that i got absolutely nothing from...and most have that one golden nugget that will help you down the road. ("love to lose money, hate to make money" from The Dao of Capital comes to mind).

I've read AOW twice now and will probably revisit at some point. I am a pretty committed book worm...Probably going to find something else specific to crude but considering PA. Even if there is no guarantee of knowledge i still think it's good to be immersed in related subject matter.

thanks.
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Someone on here suggested Bob Volman.
 
schizo said:
No books will make you into a successful trader. All they can do is give you a pointer or two to help you come up with your own original ideas.

I would recommend you read Sun Tzu's "The Art of War". Why? Because trading isn't about finding the most perfect setup. It's about being able to read the market, that is, market psychology. It's not what you do that matters, but what others are doing that counts. It's not when you get in or out of the trade that matters, but knowing how to avoid traps that counts in the end.
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you are smart.... and you post correct things which is probably why i do not understand it...

i would not have lost money for 20 years if i understood correct things. i knew the correct things but did not understand them.
 
Darc said:
Someone on here suggested Bob Volman.
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bob volman is very limited he has only one strategy and you have to wait forever for it to set up.

Brooks, if you understand him, you can trade in any market condition and there is ALWAYS a trade that is set up .
but it took me 20 years but it may take you 20 months or more or less provided you want to learn it.

that is why he is a genius.

he can teach you to trade in any and all market conditions. he is the Kohinoor of all diamonds
 
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