(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 100,000 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 – 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 don’t 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.
Curious to know, i have not read Al Brooks's books neither Lance Begg but i know some of you have studied both. Which author is easier to read and understand ? Which would you recommend if you only had one choice to make ?
Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
I googled "Lance Beggs", found his site, and noticed this statement in his bio:
"2. What markets and timeframes do I trade?
At the moment I am scalping various currency and index futures markets (primarily the E-mini Russell (TF), the Euro (6E) and the Hang Seng (HSI) on the 1-minute and 1-range or 20-tick charts)."
My question is how is it possible to trade any instrument on a 1 range chart, let alone the ones he mentioned? I can see trading ZN or ZB on a 1 renko chart, but a 1 range chart with TF or HSI seems extreme to say the least. Does he really advocate this?
I subscribe to his newsletter and have seen excerpts from his book. He basically looks at the 1 range to see s&r levels within the bars you can't see on larger time frames. He explains it in a manner that seems to make sense, but I have never tried it and don't know if it's effective or not.
The following 2 users say Thank You to vegasfoster for this post:
let me first say, i am a big fan of lance beggs and what he provides in his weekly emails and on his site. i have read his book and find it to be well written and significant in its content.
that being said, i would recommend brooks book and website. while lance can articulate patterns well i found brooks, while a difficult read in the beginning, is much more insightful of using the mature price action. scalping off a five minute bar or any bar with some depth to it is more comfortable than off of small tick bars.
frankly, you dont need to buy the book just visit the website and once you get comfortable with the abbreviations there is more than ample forum material to review to see what is going on.
The following 7 users say Thank You to trader1512 for this post:
I think there is a difference in what you mean of Lance, because he has written 2 different manuals. 1 about scalping and another about trading the 3 min timeframes ( which can be applied to other timeframes).
I must confess that I have never read anything of either Brooks or Beggs (which I had never even heard of), but there is a lot of good material on TA from the good ol' days...
I would suggest starting there...
If you're going to read contemporary work, I would rather pick up a few books on quantitative finance...
I think if you haven't read the book, you can't say it is good or not, as long as you read the book, and identify the method in the book does help improving your trading, hmm... it is a good book.
Currently im reading Lance Beggs,( Price Action Trader- Intraday Price Swings ). Found it helpful in Multiple Time frame Analysis, 30min TF for Structure , 3min for Trading TF, 1Min for Fine tuning of Trading TF..concepts of SH/SL,sideways markets are good.
Its very easy to follow as Author explained it in simple language.
I haven't yet Finished his books about Scalping though, but i will.
