Al Brooks Net Worth

Discussion in 'Trading' started by Darc, Nov 6, 2023.

  1. Good1

    Good1

    Dude I'm making calls for swing trades in a time frame that I would not trade , and am not trading, to prove a point about Brooks!

    These are calls, in advance, not trades!

    Are you saying that calls, in advance, prove nothing?

    I called 4515 for a short, it crossed that price, so I would have been short, if I was trading this, but I'm not, I'm calling this!

    That trade would have been for a loss, so I'm taking that loss for the record.

    Six out of ten of my calls will lose.

    Four out of ten will be treasured moves which more than make up for the losses.

     
    Last edited: Nov 15, 2023
    #521     Nov 15, 2023
  2. schizo

    schizo

    Now you are clearly backpedalling from your ealier assertion that your system was superior to Al Brooks. Even though I was dubious when you posted your "made up" trading results (not a broker statement or real trades) to compare yourself to @Rams Fan, I wanted to give you the benefit of doubt. But this is an utter let down.

    Dude, quit pretending.
     
    #522     Nov 15, 2023
    NoahA likes this.
  3. Good1

    Good1

    Dude, I'm calling these, not trading these. Where did you get the impression I am trading these? I told you in advance what I would be doing if I decided to do this. I would call these. But instead of calling three time-frames im calling just one for the ingrates.

    The timestamp on my calls are all the legitimacy they need.

    So long as the call comes before the trade then I make my point. We haven't seen Brooks trading records either so why are you such a hypocrite?

    I don't know if Rams Fan is trading, I don't care as long as his calls can be timestamped to prove they came before the trade.

    For sure my system is simpler than Brooks. So if I come close to Brooks % gain in approximately the same number trades, then yes, i'ld say my method is superior.
     
    #523     Nov 15, 2023
  4. Good1

    Good1

    You've got the facts straight.

    You just don't know what swing trading is. Risk is not defined by number of points. It is defined by % of your overall total of risk capital that is committed to any particular trade. This is called your "size". I am not calling size here. I am only calling direction to arrive at a statistically derived % gain/loss. This is the only way to compare my apples with Brooks apples.
     
    #524     Nov 15, 2023
  5. schizo

    schizo

    I deleted the post because I misread #1, where you stated 4427. I've mistakenly read that as 4527.
     
    #525     Nov 15, 2023
  6. SunTrader

    SunTrader

    Making calls, without legit trades behind them, is only stressful on the ego not account balance. IOW less stressful overall so just not quite the same.
     
    #526     Nov 15, 2023
    NoahA and rb7 like this.
  7. schizo

    schizo

    No, I'm done with you and your woulda, shoulda, coulda. But keep the entertainment going for others' sake.
     
    #527     Nov 15, 2023
    NoahA likes this.
  8. Good1

    Good1

    By this logic Brooks should have quit flexing a long time ago. There is even rumors he doesn't even make calls ahead of time, whether they are traded or not. Is this true?

    Keep ignoring my calls. They are potentially very educational to close watchers. I'm not explaining why I am reversing, but a good watcher might figure it out.
     
    #528     Nov 15, 2023
  9. Good1

    Good1

    Do me a favor then and don't learn anything from me.
     
    #529     Nov 15, 2023
  10. Good1

    Good1

    Looks like I misprinted 4427 instead of 4527 in summarizing what has happened so far. The call was for 4527 (to go long) so that is the official metric for calculating wins/losses for this record.

    Im still long (a call not a trade!) and won't be short if price stays above 4510. 4510 is still a call for short with the given 4540 as it's reversal, if the short is hit.
     
    Last edited: Nov 15, 2023
    #530     Nov 15, 2023