How's trading going Padu?

Discussion in 'Trading' started by Darc, Dec 12, 2024.

  1. Hello padutrader,

    Everyone sees the same thing you see on the chart.
     
    #21     Dec 14, 2024
    tony.m likes this.
  2. Darc

    Darc

    Yes, Books you can pause and think about it, then move onto the next topic. It's also easier to go back, you just move your eyesight. Videos are harder to do that.
     
    #22     Dec 14, 2024
  3. padutrader

    padutrader

    i traded it for 5 years from 2004-2009 so i know the true value of it
     
    #23     Dec 14, 2024
  4. padutrader

    padutrader

    nothing wrong with Brooks i accept full responsibility for my losses DO YOU?
     
    #24     Dec 14, 2024
    tony.m likes this.
  5. wxytrader

    wxytrader

    What's really baffling about all this is why are you such a fanboy lol? Sadly I think you are on tilt and grasping at anything to be profitable.

    This was your first topic posted in 2018...and you are still not understanding it????
    https://www.elitetrader.com/et/threads/how-to-understand-al-brooks.320533/
     
    Last edited: Dec 14, 2024
    #25     Dec 14, 2024
    TheMordy, tony.m and SimpleMeLike like this.
  6. wxytrader

    wxytrader

    If you actually learned EW you wouldn't be wasting time with price action on 5 min charts lol...you would know where price was going to be in 4 hours, 4 days, 4 weeks, 4 months and do a single swing trade. :)

    Also as a daytrader you will pay tax on 100% of profits (if you ever make any) and you are stuck in front of your computer hours on end day after day, and you have to pay more fees lol....Triple whammy!

    As a swing trader you are free to do what you want with your day, and you only pay the capital gains inclusion rate...

    upload_2024-12-14_6-21-23.jpeg
     
    Last edited: Dec 14, 2024
    #26     Dec 14, 2024
  7. Good Morning wxytrader,

    I agree.

    @padutrader Have tried not studying Al Brooks material and try to develop your own trading plan?

    Al Brooks is not working for you. I know you respect him as a teacher, but you need to make money. Perhaps his material is too complex for you.

    Have you tried developing your own trading plan?
     
    #27     Dec 14, 2024
    legionx and wxytrader like this.
  8. Of time?
     
    #28     Dec 14, 2024
  9. lol

    You can wake up now.
     
    #29     Dec 14, 2024
    taowave likes this.
  10. p0box4

    p0box4

    Simply copying someone else's strategy will almost never work, certainly not if you lack proper risk management skills like Padu does.

    He could be given the best strategy ever and he would probably still blow his accounts.

    Brooks isn't his issue, his issue is overtrading and trading too much size for the capital/draw down that he has.
     
    #30     Dec 14, 2024
    SimpleMeLike likes this.