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Al Brooks Trading Course (www.brookstradingcourse.com)
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Al Brooks Trading Course (www.brookstradingcourse.com)

  #201 (permalink)
Trading for Profit
Pittsburgh, Pennsylvania
 
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Pedro40's Avatar
 
Posts: 541 since Jan 2013
Thanks: 29 given, 357 received

I think this thread has been extremely civil specially compared to other websites. But anyway, that is not the news.

The news is that Emmett has found a good one, giving out a 5 stars rating. After 3 years of double digit returns here comes the cherry on the pie:

"To my surprise, reviewing the account statement was not a problem. As a matter of fact, with a screen share, we logged into his TradeStation Brokerage account and began randomly reviewing trades. The trades on the official track record matched the brokerage statement. However, he does make some trades “off the record” that is not included in the advisory. My goal was to ignore anything and everything that was not part of the service. I can confirm he is actually trading with a live trading account, and the amount is significant."

This is how easy it could be for every trading room owner...

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  #202 (permalink)
Site Administrator
Manta, Ecuador
 
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Big Mike's Avatar
 
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Well, unfortunately babysitting was indeed required. I have extremely limited internet and can only use my phone, not my notebook, which greatly limits my capabilities. I'm still on my honeymoon for another week.

I've temporarily banned rwbill for 4 weeks. His attitude is not in alignment with what this forum stands for. Repeating the same attack over and over just lead to this thread degenerating into something that belongs on other forums with name-calling and over the top theatrics.

If you don't like Al, post a review. If you don't like our webinars, don't watch. If you don't like the site, leave.

For the rest of us, act civil and be helpful resources to other members as is intended by our community.

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  #203 (permalink)
Elite Member
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Seahn View Post
My guess is Al will not provide anything in the way of "proof" other than vague reassurances. The reality is he is not under any obligation to do anything especially for a few posters on some internet forums.

The real question is what will Big Mike decide to do if no proof is offered. The final decision is his, but I would predict the number of webinars here will drop to practically zero if some strict proof of performance is required. That will be everyone's loss.

Learning to trade is not getting proof of performance from someone and then blindly following them. Truly learning to trade is a process of being exposed to and trying many different approaches, mixing and matching, experiencing and learning until one finds what works for them. Yes, there are crooks and cons mixed in with the good stuff out there but that is no different than anything else in life, one needs to wise to the possible scams at every turn, there are no guarantees as in life, (actually there is one guarantee of not being scammed by trading rooms, DO NOT GO TO TRADING ROOMS THEY ARE A WASTE OF TIME AND MONEY).

The webinars here are a helpful element for learning to trade and it would be a shame to lose that resource especially for new traders because a few insist on guarantees.

I agree with a lot of what you've said but I think there is middle ground. Vendors who claim or imply that they trade their product with real money should be required to provide proof of those claims. However, the easy fix is for them to be honest and say either "this is pure education about a topic I don't trade or I don't trade with real money this is pure SIM trading."

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  #204 (permalink)
Elite Member
Bangkok thailand
 
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Brooks is obviously no wrbtrader or kongzana(if he was sharmas would be promoting him): i.e. he is not a conman.

but he leaves it up to the trader to fill in the gaps- and the gullible put "profitable trader" where the blanks are..

If he comrs on the seminar and admits he is only an educator then I will be full of respect for him.

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  #205 (permalink)
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Hertfordshire England
 
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pvlee's Avatar
 
Posts: 92 since May 2011
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I used Al's trading room around 4 or 5 years ago when I started out. I'd read his first book and was pretty confused but I thought If this guy had been a doctor and jacked that in to trade, then he must be successful. After a few months I had lost most of my trading capital (My fault by over leveraging, not Al's). I have since moved on and trade nothing like Al's method.

He often said his edge was tiny, but he rarely spoke of his losing trades. He often said traders should look for a 1/2 risk/reward ratio but he didn't seem to do that himself, he would often have a large stop losses. He often implied that trading was now easy for him after a long struggle, but I very much doubt that now

Looking back now I understand more about what this job entails, I think I was very naive to trust someone who would/could not show a proven track record and certainly would never do it again or recommend anyone else to.

As to Al Brooks, he may be able to do it but he certainly can't teach it. But, then again, he did say many times that most of us traders would fail. I certainly did trying to emulate his trading style.

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  #206 (permalink)
Market Wizard
 
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Which one of you truth seekers is "Crooked Hillary", anybody know?

Edit after huh? below Don't be concerned if you don't immediately recognise the reference it is not important, or just PM me if you know. I'm just curious.


Last edited by Rory; November 22nd, 2016 at 01:10 PM.
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  #207 (permalink)
Market Wizard
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Rory View Post
Which one of you truth seekers is "Crooked Hillary", anybody know?

Huh?

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  #208 (permalink)
Market Wizard
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Rory View Post
Which one of you truth seekers is "Crooked Hillary", anybody know?

Edit after huh? below Don't be concerned if you don't immediately recognise the reference it is not important, or just PM me if you know. I'm just curious.

I am unsubscribing from this thread. Thanks for the PM.

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- Trade what you see. Invest in what you believe -
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  #209 (permalink)
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Me too (again..). Saddened by the state of people.

That "man" has no class. Time make like Frozen and let it go.

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  #210 (permalink)
Membership Temporarily Revoked
Los Angeles, CA
 
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Rory View Post
Which one of you truth seekers is "Crooked Hillary", anybody know?

Edit after huh? below Don't be concerned if you don't immediately recognise the reference it is not important, or just PM me if you know. I'm just curious.

Are we not suppose to mention Emmett's site? Crooked Hilary posted this on Emmett's site - you can go there and see I am including his exact post:

"
“His attitude is not in alignment with what this forum stands for”

In other words he is not following in the footsteps of the cult brotherhood- LOL.

How dare he jump out of the kool-aid line.

Even Mr Kumbya bobwest could not get him to settle in for the nightly pudding and had to pull the grand master Big Mike away from his mail order bride from stroking their mutts on the beach. LOL."

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