Book Discussion: Reading Price Charts Bar by Bar by Al Brooks - Traders Hideout | futures io social day trading
futures io futures trading


Book Discussion: Reading Price Charts Bar by Bar by Al Brooks
Updated: Views / Replies:156,514 / 530
Created: by cunparis Attachments:118

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 118  
 
Thread Tools Search this Thread
 

Book Discussion: Reading Price Charts Bar by Bar by Al Brooks

  #391 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


mattz View Post
No one should ask if someone is successful applying someone else's methodology successfully because that would put even the best of authors in a bad light. You never know if others apply it right, and what else they put in the mix. Also, the successful guys don't always share.

So you are good if you pay for somebodys service/book but when you ask about the results of what they are teaching when you are following the exact rules then you aren't allowed ?

This sentense you wrote explains exactly what kind of BS is going on in this teaching 'how to trade for living' market.

Reply With Quote
 
  #392 (permalink)
Elite Member
Tampa, FL
 
Futures Experience: Advanced
Platform: NT, SC
 
Posts: 44 since Jun 2010
Thanks: 10 given, 32 received


Fletch View Post
I suppose "clearer" is a subjective term. As the books come out I guess you can browse through them at a bookstore and if they don't seem clearer or informative then definitely don't buy them.

If we can find them in a bookstore. Not likely, though. Yeah, three of them not one because of size. Nothing to do with making more money And what was that statement about the first book? Oh yeah, "I only wrote the book to save time so I didn't have to answer so many emails." And how much time did it take to write three more?

It'll be interesting to see this (these) tomes.

Reply With Quote
The following user says Thank You to GreatDane for this post:
 
  #393 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received



JackJ View Post
Yeah, three of them not one because of size. Nothing to do with making more money And what was that statement about the first book? Oh yeah, "I only wrote the book to save time so I didn't have to answer so many emails." And how much time did it take to write three more?

I'm happy with this book and with the new ones to come, but he didn't created anything new. All the talk about simplicity in his life, writing a book so he doesn't have to respond to emails, saying don't buy my book because I don't make any substantial money out of it and the other stuff are just psychologic nonsense and BS just like anybody else is doing in this 'teach trading for a living' business.

Reply With Quote
The following user says Thank You to MetalTrade for this post:
 
  #394 (permalink)
Elite Member
Houston Texas
 
Futures Experience: Intermediate
Platform: Ninja, Multicharts, LinnSoft InvestorRT,
Favorite Futures: Futures
 
Posts: 9 since May 2010
Thanks: 0 given, 2 received


MetalTrade View Post
I'm happy with this book and with the new ones to come, but he didn't created anything new. All the talk about simplicity in his life, writing a book so he doesn't have to respond to emails, saying don't buy my book because I don't make any substantial money out of it and the other stuff are just psychologic nonsense and BS just like anybody else is doing in this 'teach trading for a living' business.

I'm reading a mixed message here.

Al's rational for rewriting his book is from the threads on his website - focused on trying to decipher the themes in the book. He's taken aback by the (just) criticism of his prose that has peppered the forums, and has decided to fix it.

Al's profit from 20 or 30 webinar attendees, after the website owner/programmer gets his cut couldn't attract a successful ophthalmic surgeon to do what Al does.

Al loves trading, and doesn't want to babysit. Many students expect a trading room to be maned by a master trader, who is a gifted teacher, with a bedside manor of a saint, and the TLC their momma gave them. There might be one, but my experience tells me they are often odd ducks with a narrow gift I want to emulate.

Reply With Quote
The following user says Thank You to Tyro for this post:
 
  #395 (permalink)
Just starting out...
Los Angeles, CA
 
Futures Experience: Advanced
Platform: custom
Favorite Futures: ES
 
Posts: 7 since Jun 2010
Thanks: 0 given, 9 received


JackJ View Post
If we can find them in a bookstore. Not likely, though. Yeah, three of them not one because of size. Nothing to do with making more money And what was that statement about the first book? Oh yeah, "I only wrote the book to save time so I didn't have to answer so many emails." And how much time did it take to write three more?

It'll be interesting to see this (these) tomes.

I have seen Al's first book in some bookstores, but Amazon previews at least some of the book and Wiley usually puts out the first chapter for free. If you don't think it will be valuable then definitely don't buy it. Al only makes $5 per book so I don't think it will hurt his feelings (or pocketbook) if you don't buy it. Personally, I don't think Al is writing the books for the money (I could be wrong). He has said that he finds it challenging and wants to put out the best book he can, but also wants to be reasonably compensated for his time. I think that is fair. He wrote the first book in a month, but is spending much more time on the new ones and he has written three times as much as the first book so it doesn't really make sense to put out a single 1200 page trading book.

Where did Al say "I only wrote the book to save time so I didn't have to answer so many emails"?

Reply With Quote
The following 2 users say Thank You to Fletch for this post:
 
  #396 (permalink)
Just starting out...
Los Angeles, CA
 
Futures Experience: Advanced
Platform: custom
Favorite Futures: ES
 
Posts: 7 since Jun 2010
Thanks: 0 given, 9 received


MetalTrade View Post
...saying don't buy my book because I don't make any substantial money out of it and the other stuff are just psychologic nonsense and BS just like anybody else is doing in this 'teach trading for a living' business.

I don't really follow the 'teach trading for a living' business. What other trading authors suggest that people don't buy their books?

Reply With Quote
 
  #397 (permalink)
Just starting out...
Los Angeles, CA
 
Futures Experience: Advanced
Platform: custom
Favorite Futures: ES
 
Posts: 7 since Jun 2010
Thanks: 0 given, 9 received


Tyro View Post
Al's profit from 20 or 30 webinar attendees, after the website owner/programmer gets his cut couldn't attract a successful ophthalmic surgeon to do what Al does.

I'm not sure Al should be referred to as "a successful ophthalmic surgeon" since he retired and sold his practice 20 years ago.

Reply With Quote
 
  #398 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


Fletch View Post
I don't really follow the 'teach trading for a living' business. What other trading authors suggest that people don't buy their books?


Only the ones that uses 'reverse psychology' as a marketing tool.

Al Brooks deserves every credit for his writings, but please spare me his BS with his filosophy of life.

Reply With Quote
 
  #399 (permalink)
Just starting out...
Los Angeles, CA
 
Futures Experience: Advanced
Platform: custom
Favorite Futures: ES
 
Posts: 7 since Jun 2010
Thanks: 0 given, 9 received


MetalTrade View Post
Only the ones that uses 'reverse psychology' as a marketing tool.

I'm not sure how saying "don't feel compelled to buy my book" would be considered using reverse psychology to try and get people to buy his book, but anyway... some actual examples of other traders who use this "technique" would be...?


Last edited by Fletch; November 24th, 2010 at 04:01 PM.
Reply With Quote
 
  #400 (permalink)
Elite Member
Houston Texas
 
Futures Experience: Intermediate
Platform: Ninja, Multicharts, LinnSoft InvestorRT,
Favorite Futures: Futures
 
Posts: 9 since May 2010
Thanks: 0 given, 2 received



Fletch View Post
I'm not sure Al should be referred to as "a successful ophthalmic surgeon" since he retired and sold his practice 20 years ago.

Ha. Twenty years ago? Your youth betrays you. Ha!

This somewhat in jest, but really, if you were an established professional, and could consult, partner or do a start-up with your own capital, would your first idea be "Hey, lets open a trading room!!!"


MetalTrade View Post
Only the ones that uses 'reverse psychology' as a marketing tool.

Al Brooks deserves every credit for his writings, but please spare me his BS with his filosophy of life.

MetalTrade, You just expressed your philosophy. Al can express his. Its one thing to criticize him if he is wrong, another to depreciate him because you differ. No one here will defended Al's quirks, but he's welcome to them.

Reply With Quote

Reply



futures io > > > Book Discussion: Reading Price Charts Bar by Bar by Al Brooks

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Brooks Price Action Visual Aid - Bar Count cleon Investor/RT 1 March 26th, 2011 07:16 PM
The Secret Science of Price and Volume by Timothy Ord: Book Discussion. ZTR Traders Hideout 15 August 17th, 2010 01:32 PM
Image:al brooks reading price charts bar by bar.jpg Big Mike Trading Wiki Images 0 July 1st, 2010 09:00 PM
Enter to win: Autographed copies of Al Brook's Reading Price Charts Bar by Bar Book Big Mike Feedback and Announcements 51 June 29th, 2010 04:42 PM


All times are GMT -4. The time now is 09:39 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.93.187