Al Brooks, I want to apologize.. I thought you was a Troll, a faker, a talker .. But you took my trading to the next level.. I already knew what I knew, but he just put the icing on the cake.. His stuff isn't newbie friendly.. The first time I read his stuff it was so confusing like crazy.. But since I learn how to read Market Behavior (Context), now I can fully understand his stuff.. Now, I can't fully give him the credit, because a lot of the stuff I know I had to learn it myself.. But he did made me realize I could be late to the party and still make a profit.. For that, I want to thank my friend.
The majority of his writing in his "Bar by Bar" book, is nearly unintelligible, imo - largely (again, in my opinion) due to his (and his editor's) failure to clearly define his "short hand." It's a shame, because I think the content is extremely valuable to new traders. Due to his lack of clarity and clunky style, it is going to be difficult for anyone to gain in understanding of that content without spending at least as much effort "translating" Brooks into English as it would take to simply learn the material were it explained more "humanely." Upon reading it, however, I thought it was, for the most part, worth the effort I did give to it, especially the preface and the first two chapters. After chapter 2, my level of effort dropped considerably, my eyes glazed over, and I had no idea how I got home. Nice to hear you benefited from it.
I've heard good and bad things about his book. However, i've heard mainly negative things about his chatroom - apparently it's very much sitting on the fence. Doesn't like to commit to a direction or an actual trade and is very vague with any entries/signals. Huge alarm bell if a guru is too scared to state ''short here NOW at xxxx''. He's happier using static charts to show how good he is, as opposed to doing it in realtime
It's funny because I probably would not recommend his stuff because it's so confusing.. You have to trade the market for a long time to understand his thought process.. It's hard to explain but if you played a sport for a long time then you will know what I mean.. I play basketball pretty much all my life... Now since I'm much older and experienced.. I look at basketball a little more differently.. My decision making is more calculated..
Of what value would it be? To "prove" that he isn't lying? If it was good, wouldn't you want his tax returns? And even if he provided them, so what?
So now if someone finds a book about trading useful or helpful, he or she can't even post a blurb, much less a review, without demands for account statements? lol
Well, if he wanted to provide you with an ongoing assessment of his progress, he could open a journal, but we know how that works out. I suggest MarketAddict feel as good as he can about his progress and keep it away from ET.