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I want to start this thread by thanking Big Mike and this Forum. I have learned a ton and continue to learn and really appreciate the interactive nature of the site. So with that I have been looking for a way to "give back." I am very intrigued by the Al Brooks book and his trading methods. I have read the book and (though very difficult reading) I have learned alot that I am using to trade.
With that I wondered if anyone else would have interest in helping me produce a community project of Al Brooks Flashcards. Al marks up his charts with dozens of names and situations that I would love to commit to memory using a set of flashcards. I just need your thoughts on whether this would be a good idea and then perhaps I would need Al's permission. Maybe some of you know Al and if he would support such a thing. Anyway, What do you think? Would it help? Thanks all for your thoughts. Brad
He posts EOD comment daily. I think the site owner contact with Al occasional.
I don't think flash card works because price action like other technical analyst is very subjective. When seem like a H2 to you is a L1 to another person. When seem like trading range to you is a 2 legs pullback on a uptrend.
Legendary / Stochastic Calculus is not your friend
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: S&P, Crude, Gold
Posts: 854 since Oct 2009
Thanks Given: 3,427
Thanks Received: 1,539
I think flash cards are a great idea.......I use them regularly for training in my other life.
-yes, you would have to figure out a way to keep them from being too subjective..........but wait, this is a forum so I'm sure you could get a lot of input from some of our more advanced price action traders.
Just want to throw out there, Al Brooks will be doing another webinar + Q&A for us in June for our 2-year anniversary... plus many prizes to be given away.