Im seriously considering buying this course Al has put together.Especially if hes starting from the beginning.I already found a wealth of info on the futures.io (formerly BMT) webinars.
Can you help answer these questions from other members on futures io?
I bought this package a few days ago (still looking at it).
Why I bought it ?
* I use 3 techniques, among them simple price action, and consider you must master the few techniques you use (rather than know a lot and master none).
* After reading a lot of documents/forums/books I believe price action is mastered by most succefull traders (any time frame).
* Al brooks is a price action master. And, I liked his futures.io (formerly BMT) webinars.
* His books reputation : good but very detailed and hard to grasp, at least for a newbie.
* Price : 250$...
* Website : clear, modern, very good quality, samples (seems silly
Buying :
Used paypal, worked fine.
Downloading :
Got the links immediately, downloading worked ok but took few hours (Al Brooks servers have low bandwidth or many clients...). Download is time limited. No DRM (Bravo).
Course :
I believe you should start with the website, not the course. A lot of useful information : Brooks Trading Course - Price Action Trading
Course is divided into ~50 modules 10-40 minutes each, a total of ~26 hours.
It is clear, well divided, and should probably seen completely and then go back to specific modules of interest. All modules are real topics, are named very clearly and are very dense. I believe it can take a lot of time to really understand all he is showing/teaching/giving.
Some slides should be seen more than once especially when they lack some graphical illustrations (for ex : setups signals criteria s on a slide with no graphical illustration).
The course seems focused on technical aspects, though importance of psychological aspects are mentioned.
I would appreciate a PDF version of the slides. I don't think it is provided.
General opinion
I think Al Brooks sells a great package at a bargain price.
His method is great but hard, he is teaching a way to look at the markets, not a magical indicator. Like all good teachers it is probably difficult, among other things because we tend to over complicate our trading with useless tools.
The impact on my trading/seeing the market was immediate. Great stuff !
For newbie+ traders, I believe it can help those that want to reduce the number of tools they use (spagheti screens..) and see you can trade with a simple chart and a mobile average. Many say it is possible, he shows you how to do it.
For those that already have have the books, I think at 250$ you should not even think twice and get it. Better, maybe go to his room for a month/two (I have not, but intend to).
The best deal, IMO, is for those that have not yet read the books and are interested in the method, before going to the room and reading the books.
My 2 cents.
-- The rest is silence
The following 11 users say Thank You to wwwingman for this post:
250 is a cheap price for something that is legit. I have been to seminar where the speakers (sales) swears that MacD make them millions and they are selling you the indicator/method for a lower $2500.
I too have read Al's books few time and like other have said, hard to digest all the info. The video will be a great supplement to the books.
For the file, it is hosted by Amazon. I think futures.io (formerly BMT) host it's seminars there as well. It is fast. Use a download accelerator or something. I use DownThemAll (Firefox plugin).
The following 3 users say Thank You to cw30000 for this post:
I wanted to say before seeing this thread on futures.io (formerly BMT) I stumbled on to the Al Brooks Price Action videos on the MOO TRADER site, watched some of Mark's video showing his own learning of Al's material and went ahead and bought them. I used FIREFOX and DOWN THEM ALL too as I have for a couple years now and did not have a hitch.
Anyone wanting GOOD SOLID TEACHING on what moves the market and how to trade it will think $250 was some of the best money they have spent on learning. BUT, You must watch and absorb the material.
HINT: right click Windows Medea Player screen, a menu will pop up. Choose ENHANCEMENTS > Play Speed. A neat little tool will allow you to adjust the video play speed. You can easily crank Al up to 1.7 or beyond and understand him. This expedites viewing and allows you to note things you want to camp out on in the videos. I also find that speeding up viewing keeps me more focused and attentive.
I have now plowed through 12 of the 53 videos and am shocked at how excellent Al's course is. I still can not believe I bought it for only $250. cw30000 is right, there is so much less sold for so much more everywhere.
'Nough said.
Chuck T
The following 12 users say Thank You to Chuck T for this post:
I am reading the third book in the Al Brooks series at the moment. One thing I have found that has really helped me is drawing what he is saying out on the side of the page as I read it. Without doing this though, it would be very hard to follow. I am really enjoying the book, and I am thinking about purchasing the course. Has anyone that has already taken it had any experience with implementing what they learned in the course? Did the course help to solidify some of the information that was taught in the books?
The following 2 users say Thank You to ncsutrader for this post:
Glad you got a smile out of it. Its good to be happy. I actually threw that in because some people (like me) are not so tech savvy and I would have really liked knowing how to speed things up early on. And my attentiveness does improve immensely taking a slow speaker and speeding them up... not like Alvin and the Chipmunks or one of those ridiculous disclaimers on the end of a commercial, but reasonably
By the way Mike, thanks for such a great site. And the rest of you, thanks as well for all your help along the way.
Chuck T
The following 2 users say Thank You to Chuck T for this post: