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satchel

Registered: Feb 2004
Posts: 2327

12-31-11 11:14 PM

Quote from Lornz:

SNIP
...focusing on the bar-by-bar "nonsense". The easiest trading is trading price action at the right levels...

Way to sum up this thread AND point people in the right direction.

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BCE

Registered: Sep 2002
Posts: 4035

01-02-12 07:42 PM

Just wondering if any of you have read the new books:

Trading Price Action Trading Ranges, Trading Price Action Reversals, Trading Price Action Trends. I hear they're edited better.

Sorry if you already discussed this. Just back on ET here after a break. I saw the other thread, but just wondering anyone's take from this thread.

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BCE

Registered: Sep 2002
Posts: 4035

01-02-12 08:18 PM

Here's the other forum on the new book. http://www.elitetrader.com/vb/showt...threadid=233868

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pauri

Registered: Jun 2002
Posts: 9

01-21-12 07:15 AM

Quote from traderx123:

I could not agree more !!!! When I finally got his book it took me almost a full year of studying everyday to figure out what he is teaching ! (and I already had several years of trading experience) My personal results are fantastic ! As you said NoD GOLDEN just beyond belief what you can do with his "price action concepts"........but I am not surprised at all by all the negative posts here.....most of the clowns on this site think you should be able to pickup a book and read in a day or two and make millions...and if you don't it's a scam ! In his books Al Brooks says very clearly that he wrote the books for the "Professional Trader" people who already know how to trade . Someone who has never traded or who is new to trading.....these books are so far beyond them.....I honestly feel sorry for them....because MOST cannot or will not be able to devote the thousands of hours it will take to figure this stuff out ! Any methodology that could be learned in a few hours is obviously going to be limited....and give you limited results....it cannot be any other way period ! A strong and very profitable methodology with a high win % is going to have to be hard to learn...hard to master...if it wasn't everyone would be doing it and everyone would be rich ! Just common sense ! The negative posts here are most likely from losers who are looking for the easy way to big money...with little work......and are bitter now as reality settles in that there is no "easy money" in ANY profession !!!!

Very nice and thanks for keeping my enthusiasm alive .
I just have finished some parts of VSA and anticipating Brooks book to compliment VSA.

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