Al brooks says breakouts provide the largest edge for a trader yet...

Discussion in 'Educational Resources' started by ChkitOut, Mar 30, 2013.

  1. I agree with your posts but let's not forget the bigger picture. We have a guy that claims to make a living from trading, and he sells books and videos whatnot, allows other to trumpet his guru status making others believe he is successful, makes BS claims that he can't call trades for lame reasons, and refuses to show a trading statement? I think that about summarizes it.

    Well that smells like a steaming pile of dung.
     
    #131     Apr 1, 2013
  2. well stated, ol yella. Edge is edge and it can be taught-- it doesn't take 10k hours or whatever nonsense sprouted by the broker commission driven business.

    IT seems to me that the writing style, whether clear or very confused sounding is designed so that each person sees exactly what they want from reading it--- I have read many things from TA folks, much of it is written no matter which way the market goes, they will be correct.

    surf
     
    #132     Apr 1, 2013
  3. What smells like a feast to a North Korean might smell like dog food to an Italian. Of course anyone that sells any trading information is suspect but I believe he spent a good number of years trading before he made his first dollar from "teaching". Do I know that as fact? No. And because of that I make allowance for your opinion.

    QUOTE]Quote from dandxg:

    I agree with your posts but let's not forget the bigger picture. We have a guy that claims to make a living from trading, and he sells books and videos whatnot, allows other to trumpet his guru status making others believe he is successful, makes BS claims that he can't call trades for lame reasons, and refuses to show a trading statement? I think that about summarizes it.

    Well that smells like a steaming pile of dung.
    [/QUOTE]
     
    #133     Apr 1, 2013
  4. Sorry, but no. You may be called an "Engineer" by yourself, or you may be in an "Engineering" job. But you are not an Engineer unless your degree has "Engineering" in the title; such as "Computer Engineering", from an ABET school.

    A comp sci degree is just a code writer. Engineering degrees have much more math, physics, chem, statics, dynamics, thermo, etc. Too many times I have seen people calling themselves "Engineers", without paying the dues...

    JMHO
    EE, class of '85 :cool:
     
    #134     Apr 1, 2013
  5. I'm a fellow EE but I have to disagree with your assessment that CS is just code writing. Computer Science is closer to Mathematics than anything else, in fact the level of abstraction is so high that it could be argued that computers are not actually required in CS classes at all (an extreme example but it could be argued).

    Also your definition of engineering is too archaic, you almost make it sound like in order to be an engineer you have to operate on objects that possess mass. Too constrained a definition in my opinion.
     
    #135     Apr 2, 2013

  6. this.plusone = plusone;
     
    #136     Apr 2, 2013
  7. ammo

    ammo

    wulfurde, enjoyed your commentary,thanks
     
    #137     Apr 2, 2013
  8. +1
     
    #138     Apr 2, 2013
  9. Why the contradiction?

     
    #139     Apr 2, 2013
  10. Nothing strange about that. ET's best trader, Noddy, a student of Al Brooks also said she makes about 10-15 trades a day and rarely has a losing day.

    So it is possible.
     
    #140     Apr 10, 2014