Al Brooks Trading Course (www.brookstradingcourse.com) (Page 23) - Vendors and Product Reviews | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews


Al Brooks Trading Course (www.brookstradingcourse.com)
Started:October 6th, 2012 (10:22 AM) by rickr Views / Replies:49,558 / 340
Last Reply:6 Hours Ago (11:55 PM) Attachments:5

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 5  
 
Thread Tools Search this Thread

Al Brooks Trading Course (www.brookstradingcourse.com)

Old November 22nd, 2016, 06:30 PM   #221 (permalink)
Trading for Fun
white plains new york
 
Futures Experience: Intermediate
Platform: NJ
Favorite Futures: CL
 
Posts: 59 since Apr 2016
Thanks: 25 given, 63 received


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 ?




Sent from my iPhone using futures.io mobile app


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.

Reply With Quote
     
The following 3 users say Thank You to IzhakHaim for this post:
     

Old November 22nd, 2016, 09:13 PM   #222 (permalink)
Membership Temporarily Revoked
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL ES
 
Posts: 21 since Feb 2013
Thanks: 6 given, 70 received


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.

Reply With Quote
     
The following user says Thank You to arafg for this post:
     

Old November 22nd, 2016, 10:12 PM   #223 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES, CL
 
Posts: 3,476 since Jan 2013
Thanks: 24,959 given, 10,579 received
Forum Reputation: Legendary



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.

Reply With Quote
     
The following 3 users say Thank You to bobwest for this post:
     

Old November 22nd, 2016, 10:23 PM   #224 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,558 since Jun 2009
Thanks: 28,888 given, 80,217 received


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.

Sent using the futures.io mobile app

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

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     
The following 3 users say Thank You to Big Mike for this post:
     

Old November 22nd, 2016, 10:37 PM   #225 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,558 since Jun 2009
Thanks: 28,888 given, 80,217 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
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

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

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.


Last edited by Big Mike; November 22nd, 2016 at 10:45 PM.
Reply With Quote
     
The following 12 users say Thank You to Big Mike for this post:
     

Old November 22nd, 2016, 10:47 PM   #226 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,558 since Jun 2009
Thanks: 28,888 given, 80,217 received


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.

Sent using the futures.io mobile app

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

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     

Old November 22nd, 2016, 10:58 PM   #227 (permalink)
Trading for Fun
Atlanta GA USA
 
Futures Experience: Advanced
Platform: thinkorswim/Ninja Trader
Favorite Futures: stock options; ES, TF, 6E, 6J
 
Posts: 176 since Aug 2013
Thanks: 41 given, 158 received


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

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?

Reply With Quote
     

Old November 23rd, 2016, 01:19 AM   #228 (permalink)
Elite Member
san diego
 
Futures Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker/Data: FXCM, Interactive Brokers
Favorite Futures: FOREX, IWM, SPY, XLE, NQ
 
Posts: 204 since Apr 2010
Thanks: 62 given, 111 received

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.

Reply With Quote
     
The following user says Thank You to jodistrict for this post:
     

Old November 23rd, 2016, 05:20 AM   #229 (permalink)
Membership Temporarily Revoked
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL ES
 
Posts: 21 since Feb 2013
Thanks: 6 given, 70 received


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

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??

Reply With Quote
     

Old November 23rd, 2016, 05:35 AM   #230 (permalink)
Elite Member
glostrup, denmark
 
Futures Experience: Advanced
Platform: Custom platform
Broker/Data: CQG
Favorite Futures: Futures, Options, Stocks
 
ktrader's Avatar
 
Posts: 240 since Aug 2011
Thanks: 149 given, 270 received



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.

Reply With Quote
     
The following user says Thank You to ktrader for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews > Al Brooks Trading Course (www.brookstradingcourse.com)

« auction dashboard | - »
Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Trading Technologies: ADL hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January

Ernie Chan: Risk Management

Elite only

Dedicated Trading Servers: Advantages/Disadvantages w/sam028

Elite only

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Al Brooks on Trading Channels Big Mike Traders Hideout 23 January 24th, 2015 09:35 PM
Al Brooks Big Mike Traders and Trading Methods 5 July 10th, 2014 10:21 PM
Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks Boomer34 Traders Hideout 88 June 3rd, 2013 03:11 AM
Al Brooks jmac Traders Hideout 3 June 24th, 2009 04:06 AM


All times are GMT -4. The time now is 06:42 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts
Page generated 2016-12-10 in 0.11 seconds with 39 queries on phoenix via your IP 54.166.37.177