I have bought Al Brooks' Trading Course

Discussion in 'Educational Resources' started by Visaria, Sep 8, 2015.

  1. J_Smith

    J_Smith

    Simple - we don't need to:)
    J_S
     
    #431     Sep 19, 2015
    marketsurfer likes this.
  2. wjk

    wjk

    Never heard of them, Surf. Also, if you want to enlighten me on Wizetrade, I have another question...who the hell is Big Mike?...I keep seeing that, too. (I know, I could surf em up on the web...no pun intended:D...but I'm not following you (another unintended pun...that said, no disrespect regarding what you do). Seriously, my questions are serious.:eek: I'm not familiar with either.

    On a completely different subject...you a Florida guy too? I live where they don't have NY accents yet.:)
     
    #432     Sep 19, 2015
  3. J_Smith

    J_Smith

    To clarify a point - trading US stocks is not the same as trading FX, so do not expect to SEE the same things when you look at charts!

    A chart is a chart to an extent - but if a person wants to make money looking at trading different markets, then they best be prepared to find out the difference between those markets, and why there is such a difference.

    Your first 2 charts are terrible - sorry but they are - the next one is much better, and the last one is also much better but I would say to be used for a specific reason.

    I am not sure what Mr Brook's stuff is all about, apart from looking at the overview of the book details I posted from amazon - is his material covering stocks specifically, or does he talk about other markets as well.

    BTW, who is he, I mean what is his background and was/is his primary occupation - just wondering, as I have no interest in looking it up, but if someone knows then please let us know?

    Don't want anyone to think we are trying to take over this thread, as VA bought the course -how much did it cost btw?

    J_S
     
    #433     Sep 19, 2015
  4. wjk

    wjk

    They are just bar charts (except the fourth). Nothing more. The first simply shows where the day hi/lo is located on a lower time frame (and some great trades if you like that time frame in that style...like a 100 pip sell off with no pullback after the TL break...200 pips if you shorted after the doji at high...which I didn't:(), the next two are posted to show a huge difference on the same time frame by two different brokerages (since you brought up highs and lows). The last...I don't use that anymore...just curious if anyone does. It shows where the highest amount of trades were executed.

    Post edit: Also, all 4 charts were EURUSD...all were the most recent. Should have mentioned that.
     
    Last edited: Sep 19, 2015
    #434     Sep 19, 2015
  5. J_Smith

    J_Smith

    Why use wizetrade - when we can use SPIDERTRADE !!!!

    Sorry - could not resist that one, as the web of deceit is always there waiting to catch you, if you are stupid enough to let it that is :D

    Fools and their money are easily parted!

    J_S

    Screen Shot 09-19-15 at 07.01 PM.PNG
     
    #435     Sep 19, 2015
  6. Its a price action based software that supposedly uses algorithms to generate buy/sell signals ina simple red light sell greenlight buy format.


    I have never seen it and don't know anything about but it seems to have automated price action to a degree.

    BigMike?? Its another trading message board but i have never seen it. Just heard about it here.

    Yes, i live in south fla. Just a recent migrant from NJ.

    surf
     
    #436     Sep 19, 2015
  7. wjk

    wjk

    I think you won't miss the cold winters! Unless you like cold weather. I came here originally from the upper Midwest after getting stationed in the tropics, and never looked back. The best part, all that salt on the roads up north isn't an issue here. Your car will last longer (unless you drive it into the sea on a bender). :)

    We do freeze in my part of the stated, but shouldn't be an issue where you are. Doesn't stay cold long, though.
     
    #437     Sep 19, 2015
  8. Yes, agree! I hate the cold but actually lived in ottawa ontario for 3 years when we were with the central bank right before south fl. Ottawa was pure hell in the winter!!
     
    #438     Sep 19, 2015
  9. wjk

    wjk

    I hope when you suffered the winters up there, you took some summer time and fished for musky and northern pike! On the other hand, we got some big ass bass down here, and they are fun...as are the catfish.
     
    #439     Sep 19, 2015
  10. J_Smith

    J_Smith

    The point I was making is as follows - keep all of your charts clear of anything that will distract your attention from what you really need to be looking at.

    If you (general) do not really know what you need to be looking at, then you should not be risking your money until such time as you do!

    If you think that buying courses can show you what to really look at, then ask yourself this question - if everyone else is looking at the same thing I am looking at, and most get it wrong, which they do, should I really be looking at this way at allo_O

    What do you see in the picture below?

    J_S

    Screen Shot 09-19-15 at 07.12 PM.PNG
     
    #440     Sep 19, 2015