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A little to eager to try out my new balance this morning. Everything ended up positive however I had to reverse trade 2 and I don't like doing that because of the money loss. I ended up making it back on trade 3 because I put my PT up at the MA which was hit within 1 candle. 3 trades for $150 today and done at 940am. Chart is down there.
Can you help answer these questions from other members on NexusFi?
It;s 10am and I am done with my 3 trades for the day. Had 3 winners however trade 3 was stopped out. I could have closed it out with $125 profit but I decided to stay with it and see how it played out.
So today was $200 on 1 car in 1.5 hours. I can live with it. Chart is down there.
0939am annnnnd that's a wrap people. Now I am off to do a driveway raising and caulking project and make some real money for my recapitalization of my trading account. It's the hardest fooooking money you will ever make trust me on this. I hope to be able to be CP enough by the end of this work season to perhaps be able to trade full time next year. TBD.... Chart is down there. 3 winners = $200.
I tried adding on to a trade I was already in today as an experiment. I got out of trade 3 by the skin of my damn teeth and won't do that again till I have a bit more experience at it. Had 3 winners again today however trade 3 as I said was freakin sketchy to say the least.. Gonna just stay with what always works. I have been trying to let my trades go a little longer now and it does seem to work out.
My 4 tick scalping ALWAYS works unless I don't WAIT. So for the short week I won 12 trades in a row. Chart is down there. Enjoy the weekend people...
PB, I don't know if you are aware, but Al Brooks is a contributor to futures.io (formerly BMT) having had a couple of webinars recorded in the Elite section. So I would not laugh too much.
I've followed Brooks for a while PB. I have his new books and read through his original. I've also attended 3 months of his live webinars. He doesn't make calls but lets the audience know some of the trades after the session is over. Thanks for the current link to that interview. Unfortunately he never covers his realtime "binary" decision making that he mentions in the interview, in detail in his books which is frustrating. And he's more of a scalper. That's why he mentions 10-20 trades a day. I think he trades at least 20 car. On bad days, if the bars are full of spikes and there aren't any good Brooks price action, he says better to stay out and he would mention he took none to a one or two trades for the day. He does go over his whole session in an update thread which if you register (free) on his website, can be seen every day. Brooks [AUTOLINK]Price Action[/AUTOLINK] - Index Again he rarely mentions actual trades he took in the notes and where and entry and exit. I think if he recorded sessions where at least he did a replay and showed actual entries and exits on a dom or on his chart, it would go a long way to be more helpful.
"He doesn't make calls but lets the audience know some of the trades after the session is over. Thanks for the current link to that interview. Unfortunately he never covers his realtime "binary" decision making that he mentions in the interview," OH really???
To me that's a RED flag!!! Mine as well be Joe James then. Is Al trading live or on sim? Is Al trading his OWN money or clients money? Is Al posting his live results on winners AND losers? Anyone paying for a service had better have done their homework/due dillgence on whom they are trading with, doing business with or buying junkware from. IF you haven't you mine as well flush the money down the toilet. What sort of a guarantee does Al give if any? I'd be asking to see results and proof from the broker that he is indeed making money on real trades.JMO
