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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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  #261 (permalink)
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Pedro40 View Post
Madoff is actually a bad example here, because he did have a "proven" track record, it just happened to be fake. And he didn't even advertise, he got new investors by word of mouth, just what you advise.

But generally I agree with you, because what you are trying to say (my mind foo at work) is that when you see a pro of any business, you expect that pro to have a license and that he practices his business according to that license, following rules and regulations.

The problem is that there are no such licenses in the trading vendor business and anybody can become an "expert" even if he was previously a plumber or even a doctor. So the bottomline is, you can only judge a vendor by its VERIFIED track record.

Well, there could be one more measurement, the number of profitable followers. So here is an exercise for the curious for the weekend: Go back to the beginning of this thread and you will find a few members vouching for Al's system back in 2015. Then check if the same posters still post here a year later. You will be surprised...

Its the pefect example. Even with 'proven' records theres still doubt....and for good reason.

Beyond everyone being given access to the vendors trading account i cant see how providing a statement will placate all suspicion. Mike prob did the best job of transparency.


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  #262 (permalink)
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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.

I too am quite surprised that the thread keeps going on as you described above despite some participants having been banned.

It seems to me as well that there is a compelling tendency for some people to have their own beliefs prevailing at all cost, despite most content I have seen tantamount to speculation (in both camps) and nothing more.

I know Mike is on holiday - Perhaps @sam028 can step in and rein in the thread?


Otherwise we truly risk degenerating into the likes of trade2win and so forth.

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  #263 (permalink)
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DaxyMcDaxFace View Post
Its the pefect example. Even with 'proven' records theres still doubt....and for good reason. [/URL]

I wanted to edit my post but you already responded so let me clarify: Word of mouth only works if the records are real. In the case of Madoff they were faked although the early birds to the Ponzi got still good returns. It is still a bad example, because nobody is accusing the vendors running a ponzi, they are just suspected not having a real profitable track record.

Now again, if some people say that they got their money's worth in education from the vendor, so be it, but people say that about homeopathy too.

So unless followers can prove that hey look, my trading improved X percent after taking Al's or whoever's course, it is only feelings. And with feelings we usually go to church not to the bank...

In short: Where are the followers' yachts?

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  #264 (permalink)
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xplorer View Post
I too am quite surprised that the thread keeps going on as you described above despite some participants having been banned.

It seems to me as well that there is a compelling tendency for some people to have their own beliefs prevailing at all cost, despite most content I have seen tantamount to speculation (in both camps) and nothing more.

I know Mike is on holiday - Perhaps @sam028 can step in and reign in the thread?


Otherwise we truly risk degenerating into the likes of trade2win and so forth.

AFAIK Mike is able to read the forum from time to time, I let him decide what to do.
This thread started to make me a bit sick few days ago, I decided to avoid reading it for some time and keep calm...

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  #265 (permalink)
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I unsubscribed from this thread a few days ago but I thought I would check in...

It appears that all possible angles have been covered in very spirited dialogue. I however, don't believe this topic needs to be discussed further.

Let's wait to see Al Brooks respond to the questions/assumptions about whether or not he trades live for a living and whether or not he is willing to disclose any evidence to support it.

His answer, whatever they may be will almost certainly dictate the future of this thread and probably many others. Whilst I do believe @Big Mike should consider some eligibility/transparency criteria for current and future vendors, it needs to be handled the right way.

So can we all please respectfully agree to disagree. No more posts in this thread until after the Al Brooks webinar in early December?

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  #266 (permalink)
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arafg has been temporarily banned for a period of two weeks for over the top negative attitude in his comments/posts, against the spirit of the forum.


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  #267 (permalink)
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arafg View Post
I can not diagree with a fellow Ron Paul supporter.

For individuals that do believe that the Almighty Al needs to show proof of his successful claims, maybe some ideas along that track might be useful. I think it is important that the sites that give him the chance to present his webinars set some type of standard of proof.

Anything can be faked as others have shown, but the more fake documents you show the more likely you will be caught. To me a minimum is either authorizing the broker to disclose his brokerage statement or actually bringing up your account live and showing proof of your claims to the authority that is hosting the webinar. From what I have seen of this industry 99.9% could not pass that test.

Ron Paul is a good guy, too bad you didn't get him as president

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

Will you look to learn to drive and not verify that your teacher knows how to and drive?
Will you go to learn how to play the piano and not listen to the teacher practicing the piano?
Can you get a licence as electrician without work side by side a practicing electrician?
will you listen to a instructions of how to write computer code from someone that dose not have a computer?

So why would you learn how to trade from someone that you did not see he is a real trader????

Anyone wanna buy the Brooklyn bridge?

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  #269 (permalink)
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IzhakHaim View Post
Will you look to learn to drive and not verify that your teacher knows how to and drive?
Will you go to learn how to play the piano and not listen to the teacher practicing the piano?
Can you get a licence as electrician without work side by side a practicing electrician?
will you listen to a instructions of how to write computer code from someone that dose not have a computer?

So why would you learn how to trade from someone that you did not see he is a real trader????

Anyone wanna buy the Brooklyn bridge?

I do not want to bring politics into this thread. So let's make it hypothetical:

Would you elect a President with no political experience, based on evidence he presents to you that convinced you he could do the job?

Apparently nearly half of American's would answer "yes".

It's been covered before in this thread, the requirement to be a good teacher does not require you are good at what you teach.

Making false claims are a completely different issue and there is no excuse for anyone that lies about their performance for monetary gain.

But the whole teacher thing should be put to rest, the answers are in, voting is done, and it's a near split decision 50/50.

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  #270 (permalink)
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Big Mike View Post
I do not want to bring politics into this thread. So let's make it hypothetical:

Would you elect a President with no political experience, based on evidence he presents to you that convinced you he could do the job?

Apparently nearly half of American's would answer "yes".

It's been covered before in this thread, the requirement to be a good teacher does not require you are good at what you teach.

Making false claims are a completely different issue and there is no excuse for anyone that lies about their performance for monetary gain.

But the whole teacher thing should be put to rest, the answers are in, voting is done, and it's a near split decision 50/50.

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Are you saying that as long as you're a good teacher you can sell a product that has no proof of being profitable? It could be complete BS but you can peddle it on this site as long as you're good at teaching the BS? Am I reading this correctly?

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