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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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  #461 (permalink)
goodoboy
Houston
 
 
Posts: 294 since Dec 2016
Thanks: 239 given, 206 received


iq200 View Post
Not sure if this should be in a separate thread Al Brooks' recap videos on Youtube seem to make sense but then if most experienced traders were given the task of annotating a chart AFTER the fact in hindsight, they would be able to do a reasonable job.

So in that context, has anyone tried Al Brooks' Trading Room service? It seems to be a snap at $99 per month but I'd be interested to see if people in the room are actually making money from Al's methodology. Possibly the best place to see this in realtime would be in the trading room and I have no qualms in forking out a measly $99 but only if there is some benefit to do so....

Any comments or feedback on the room please?

Hello iq200,

Do you want a trading teacher that teaches how to trade with proof that the teacher makes money the past +X years?
Yes or No

If Yes, Al Brooks is not the teacher for you. He has zero track record of making money.

https://www.tradingschools.org/reviews/al-brooks-trading/

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  #462 (permalink)
 iq200 
London, UK
 
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goodoboy View Post
Hello iq200,

Do you want a trading teacher that teaches how to trade with proof that the teacher makes money the past +X years?
Yes or No

If Yes, Al Brooks is not the teacher for you. He has zero track record of making money.

https://www.tradingschools.org/reviews/al-brooks-trading/

Sure. Not disputing the contents of your post.
However, the whole point of this site is to also get opinions from people who have actually had experiences.

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  #463 (permalink)
goodoboy
Houston
 
 
Posts: 294 since Dec 2016
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iq200 View Post
Sure. Not disputing the contents of your post.
However, the whole point of this site is to also get opinions from people who have actually had experiences.


Hello iq200,

Thanks for responding.

Yes for certain, I hope others reply as well.

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  #464 (permalink)
 Pa Dax 
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You can take a free 2 day trial. Nothing better than your own experience.

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  #465 (permalink)
 kougaiga 
japan siga
 
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Has anyone profited from the methods that have earned 5 stars on tradingschools.org?

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  #466 (permalink)
HiLatencyTRDR HLT
Tallahassee
 
 
Posts: 355 since Dec 2018
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Price action is just momentum trading
If it's going up you buy late and down u sell late.

This is simple buy next bar stuff.. if higher or with 50% positive side of bar.

Brooks analyzes charts in his book with historical hindsight.
All makes sense after the move.

I like brooks. His attn to mkt detail and nuance is incredible.

I like his books and he gets you in lat n out late. Not bad really
Keeps you with trend and in trend.

Think of a portion of a river. You have an inner tube and u can only float no paddle.
The river waters can change speed and direction over time. However sometimes the river cycles for long periods in one direction. Others the direction skips back n forth randomly. It's a random walk running river. RWRR

Your task or goal is to get 75 yards east. The river runs straight east to west.

If we get on the river and start our journey we can only go where it takes us but we can hop off or get out of the river whenever we want. We can also jump back in on the river whenever we want.

Obviously if the river takes you in the wrong direction or flows the wrong way then you are farther from your 75 yard way point we call this 75 east point.

Now. Think when will you jump into the river and why? When will you jump off if wrong?
Will you float 500 yards in wrong direction... West then need to make up 575 yards!


This is a fun exercise and you should play it out in your mind. This is water action or flow. Price action water action.
Me personally I would jump in as soon as it started going in my direction east but be ready to jump out fast if carrying me in the wrong direction.
If it goes east towards my 75 east point. Then I say I got lucky and as soon as it starts taking me back west.. I jump off. Possibly gaining some yards toward my goal of 75 east point. Get it. Maybe you wait until river is moving east for 1 minute then you jump in.. it's all up to you. But use this exercise to parallel the mkt. It gets your mind thinking deeply about trading gains n losses but the physical distance sometimes makes you realize it's dumb to keep riding in wrong direction

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