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

  #371 (permalink)
Elite Member
Baltimore, MD
 
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emini2000 View Post
This really isn't a shot at you, but "Futures Experience: Beginner" says all I need to go. Give it a few years and you'll know what I'm talking about. We all have to learn the hard way.

This statement in of itself probably explains why you post so much in this thread. I will be sure to label myself "advanced" for further discussions. Are brokerage statements needed for "advanced" status?

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  #372 (permalink)
Trading for Profit
Atlanta GA USA
 
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dayman View Post
This statement in of itself probably explains why you post so much in this thread. I will be sure to label myself "advanced" for further discussions. Are brokerage statements needed for "advanced" status?

You don't know what you don't know.

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  #373 (permalink)
Elite Member
Singapore
 
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I agree with what most are saying. If a trader is claiming to be profitable, he should at least provide some gimps of his broker statements. At the very least, show that he actually entered a trade, if he is showing some type of specific entry that he took based on a setup. I do that myself, when I record my videos. It just provides a certain level of confidence and accountability, which is desperately lacking in this industry....

Unfortunately, this industry is so unregulated that basically anything goes. I can just setup a website, claim to be hugely profitable and sell a course for a few hundred, and put the usual label that this is for "education" only. It seems like the word "education" is a catch all to absolve a vendor from all blame. I guess it is what it is...

To me, I think I've reached a point where I no longer care if the trader is really profitable or not. Nor do I expect trade by trade accountability, because I've come to the expectation that it just doesn't exist. I simply do not have that kind of time and energy to track a persons fills and call him out, when we all clearly know he's most likely on Sim anyway.....

To me, when I buy a course, all I'm expecting is to learn something new or get some new ideas from the actual material, and hopefully use that to improve my own trading system. I do not expect anything more than that.

I also do vote in favor that if a vendor who claims to be hugely profitable wants to do a Webinar on FIO, he should be at least vetted to a certain degree. Not asking for a full 10 year IRS audit, but at least last few months of broker statements (I don't see how that can be considered illegal??). I think that will certainly set this trading site head and shoulders above the rest and hopefully push this industry in the right direction (finally). For your consideration, Mike.

Cheers!

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  #374 (permalink)
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KelvinKing View Post
Not asking for a full 10 year IRS audit, but at least last few months of broker statements (I don't see how that can be considered illegal??).

It's not no matter what they tell you. There's absolutely no legal reason not to.

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  #375 (permalink)
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glostrup, denmark
 
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emini2000 View Post
It's not no matter what they tell you. There's absolutely no legal reason not to.

Does anyone know under which name Al Brooks or Brooks Trading Course is registered under with NFA , because I can't find it in their registry?

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  #376 (permalink)
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Vancouver, Canada
 
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ktrader View Post
Does anyone know under which name Al Brooks or Brooks Trading Course is registered under with NFA , because I can't find it in their registry?

All you do is search under the last name Brooks, there are two entries (assuming he is using his MD status):

https://www.nfa.futures.org/BasicNet/Details.aspx?entityid=JNGs%2fX0GwtA%3d

https://www.nfa.futures.org/basicnet/Details.aspx?entityid=5HHeSWnZJNw%3d&rn=Y

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  #377 (permalink)
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NGtrader View Post

But those arent current, I meant under which he is currently registered.

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  #378 (permalink)
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Bend, Or USA
 
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ktrader View Post
But those arent current, I meant under which he is currently registered.

earlier in the thread someone mentioned last showing was '94, which this indicates.

one would expect with so many trades one would lease or own a seat as well, for lower commissions. not sure how to check this....

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  #379 (permalink)
Membership Temporarily Revoked
white plains new york
 
Futures Experience: Intermediate
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@Big Mike

"
If someone comes here to teach, that beautiful. We all can learn something from someone.

If someone comes here to teach and claims to be doing what he preaches and making a living from it, he should be vetted before doing any presentation.
If not, it may be misleading new traders since by BM let him do it here its like giving a thumb up for the vendor re his credentials and if not verified, may be a try to lure beginners to his room with false claims.

I do not think he can have it both ways cannot have it both way."

Mike, what's your take/input on it?

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  #380 (permalink)
Site Administrator
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IzhakHaim View Post
Mike, what's your take/input on it?

Read my statement. I don't have time to keep going in circles.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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