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Al Brooks Trading Course (www.brookstradingcourse.com)


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Al Brooks Trading Course (www.brookstradingcourse.com)

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  #221 (permalink)
white plains new york
 
 
Posts: 66 since Apr 2016


Zentrader2010 View Post
Look at the logic of the 'Al is a non -trader camp ? '



Would you place a bet that you are right about Al ? What would be the odds of you winning ? How certain are you in reality ?




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Who cares?
You want to learn from this Al guy, go ahead. You don't like/believe/trust this teacher? stay away. Not so complicated.

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  #222 (permalink)
Los Angeles, CA
 
Experience: Intermediate
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bobwest View Post
I understand that you are just quoting this.

Whoever wrote it has confirmed an opinion I was starting to form about this whole mess.

I don't think I will share my opinion. It has nothing to do with whether Al Brooks is honest or not. It has a lot to do with the stuff some people are willing to sling at others. WTF?

Bob.

It is almost like the Trump Clinton election. Each side thinks they are right and the other side is the uncivil side. Yet this is a thread about Al Brook's Trading Course and if someone has the audacity to say Al needs to show proof they are banned. Yet no uncivil pro Al Brooks supporter is banned.

I am not sure the real motives are about civility.

I for one hope at the next Al Brook's webinar he is asked to produce evidence of his years of profitable ES scalping and lets see what his response is.

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  #223 (permalink)
Site Moderator
Sarasota FL
 
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arafg View Post
It is almost like the Trump Clinton election. Each side thinks they are right and the other side is the uncivil side. Yet this is a thread about Al Brook's Trading Course and if someone has the audacity to say Al needs to show proof they are banned. Yet no uncivil pro Al Brooks supporter is banned.

I am not sure the real motives are about civility.

I for one hope at the next Al Brook's webinar he is asked to produce evidence of his years of profitable ES scalping and lets see what his response is.

I wrote that I am forming an opinion about this mess. My opinion has nothing to do with Al Brooks.

I'm not even pissed about "Mr Kumbya bobwest," which is kind of funny in a way.

But insulting someone and his wife with this crap is something else: "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."

This is not a matter of how someone feels about a vendor. This is vicious.

To repeat, WTF?

Bob.

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  #224 (permalink)
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arafg View Post
It is almost like the Trump Clinton election. Each side thinks they are right and the other side is the uncivil side. Yet this is a thread about Al Brook's Trading Course and if someone has the audacity to say Al needs to show proof they are banned. Yet no uncivil pro Al Brooks supporter is banned.

I am not sure the real motives are about civility.

I for one hope at the next Al Brook's webinar he is asked to produce evidence of his years of profitable ES scalping and lets see what his response is.

That is not why he was temporarily banned. Please don't post misinformation, others that haven't read the thread will believe you.

No one gets banned for writing reviews, so long as they are legit. No one gets banned for questioning any vendor.

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  #225 (permalink)
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Let me spend some more time out of my honeymoon since obviously some of you don't understand why rwbill was banned.

Let's use an example: McDonald's. Let's say rwbill doesn't like something about McDonald's so he goes physically to a restaurant, and every time a customer walks in the door, he yells out his review.

Eventually, he will be forcibly removed because he is causing a disturbance to others.

His opinion about the food is besides the point, his removal is due to his disturbance.

State your opinion, write your review, engage in healthy and productive discussion - but stop there.

For the same people that think he was banned for questioning a vendor, let me also specifically remind you that I do not like Al's method, and that I actively discouraged everyone from scalping. In an interesting and perhaps funny turn of events, I am one of the few (only?) people on this site to ever have posted live trades, cash, backed up by daily statements and other various forms of proof, including monthly and quarterly broker statements. I did it to actively discourage scalping.

So don't think for a second I'm defending Al. I'm defending people's rights to choose their own method and make their own decisions, as well as defending common sense.



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  #226 (permalink)
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bobwest View Post
I wrote that I am forming an opinion about this mess. My opinion has nothing to do with Al Brooks.

I'm not even pissed about "Mr Kumbya bobwest," which is kind of funny in a way.

But insulting someone and his wife with this crap is something else: "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."

This is not a matter of how someone feels about a vendor. This is vicious.

To repeat, WTF?

Bob.

I can't find the original post you are referring to, would you please use the report post feature on that post.

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  #227 (permalink)
Atlanta GA USA
 
 
Posts: 264 since Aug 2013
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Big Mike View Post
Let me spend some more time out of my honeymoon since obviously some of you don't understand why rwbill was banned.

Let's use an example: McDonald's. Let's say rwbill doesn't like something about McDonald's so he goes physically to a restaurant, and every time a customer walks in the door, he yells out his review.

Eventually, he will be forcibly removed because he is causing a disturbance to others.

His opinion about the food is besides the point, his removal is due to his disturbance.

State your opinion, write your review, engage in healthy and productive discussion - but stop there.

For the same people that think he was banned for questioning a vendor, let me also specifically remind you that I do not like Al's method, and that I actively discouraged everyone from scalping. In an interesting and perhaps funny turn of events, I am one of the few (only?) people on this site to ever have posted live trades, cash, backed up by daily statements and other various forms of proof, including monthly and quarterly broker statements. I did it to actively discourage scalping.

So don't think for a second I'm defending Al. I'm defending people's rights to choose their own method and make their own decisions, as well as defending common sense.



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Hey Mike,

Not being an Elite member I don't have access to the thread you had on your trading method, live trades, etc, so a question:

What do you consider scalping as opposed to not scalping? Is it number of ticks? Time in a trade? Etc? And did you share your whole method in the thread?

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  #228 (permalink)
san diego
 
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I think most people are commenting on Al Brook's technique without ever taking his course. I would like to correct a few misperceptions.

1. Al Brook's does not encourage scalping. In fact he strongly discourages it. But he does have one video in his course on scalping to show how it would be done using his method.

2. Theoretically, every trade can be made to be the same risk regardless of the stop size. Stop's are set by the market structure. You would make the risk the same for a wider stop by position sizing, i.e. trading less contracts. This is the potential pitfall for many traders. If you are a 1 contract trader on the E-mini, you can't position size, and so must skip trades requiring it. Al also has one video teaching how to trade options in situations where the stop is excessively large. I trade SPY, which allows me to position size by shares, which is finer grained.

3. Al teaches scaling in contract in a trading range market to increase the probability of success. He has several videos on trading range markets and how to tell a trading range from a trend. If you have an edge in determining whether a market is a trading range or a trend, you can still make money in a highly random environment trading in either direction. This is why in his trading room he will sometimes say "always in long" on a bar, and a few bars later say "always in short". In a trading range environment you can make money in either direction. His technique lets you decide what you want to do. His methodology allows maximum flexibility which makes it more subtle (and confusing to some) to learn.

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  #229 (permalink)
Los Angeles, CA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL ES
 
Posts: 21 since Feb 2013


Big Mike View Post
Let me spend some more time out of my honeymoon since obviously some of you don't understand why rwbill was banned.

Let's use an example: McDonald's. Let's say rwbill doesn't like something about McDonald's so he goes physically to a restaurant, and every time a customer walks in the door, he yells out his review.

Eventually, he will be forcibly removed because he is causing a disturbance to others.

His opinion about the food is besides the point, his removal is due to his disturbance.

State your opinion, write your review, engage in healthy and productive discussion - but stop there.

For the same people that think he was banned for questioning a vendor, let me also specifically remind you that I do not like Al's method, and that I actively discouraged everyone from scalping. In an interesting and perhaps funny turn of events, I am one of the few (only?) people on this site to ever have posted live trades, cash, backed up by daily statements and other various forms of proof, including monthly and quarterly broker statements. I did it to actively discourage scalping.

So don't think for a second I'm defending Al. I'm defending people's rights to choose their own method and make their own decisions, as well as defending common sense.



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You state engage in a healthy dispute, so lets do that. rwbil was banned for doing just that. Unlike going in McDonalds this is more like posting your review in Yelp. Obviously you can not stand outside a restaurant and tell people the food is bad.

This is a thread on Al Brook's Trading Course, so commenting on Al Brooks trading ability should be fair game. If what you state is true then the pro Al Supporters who wrote several post would be equally banned. So are you in the process of banning them too??

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  #230 (permalink)
glostrup, denmark
 
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Big Mike View Post
Let me spend some more time out of my honeymoon since obviously some of you don't understand why rwbill was banned.

Let's use an example: McDonald's. Let's say rwbill doesn't like something about McDonald's so he goes physically to a restaurant, and every time a customer walks in the door, he yells out his review.

Eventually, he will be forcibly removed because he is causing a disturbance to others.

His opinion about the food is besides the point, his removal is due to his disturbance.

State your opinion, write your review, engage in healthy and productive discussion - but stop there.

For the same people that think he was banned for questioning a vendor, let me also specifically remind you that I do not like Al's method, and that I actively discouraged everyone from scalping. In an interesting and perhaps funny turn of events, I am one of the few (only?) people on this site to ever have posted live trades, cash, backed up by daily statements and other various forms of proof, including monthly and quarterly broker statements. I did it to actively discourage scalping.

So don't think for a second I'm defending Al. I'm defending people's rights to choose their own method and make their own decisions, as well as defending common sense.



Sent using the futures.io mobile app

In my opinion its not the entire same scenario as the McDonalds example.

Its about how the product is presented by the vendor, if McDonalds were to advertise that for every big mac you eat you loose 1 kg weight without having documented proof it's the case, regulators would come down hard on them and consumer organisations would complain (and even if they made a lot of disturbance at McDonalds restuarants, a documentary would probably be made about them, how they fought an organisation misleading people and be considered consumer-heroes).

As I read rwbill's comment, he doesn't have an issue with the product itself, merely how it is presented, with claims of success without proof.

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