What are you trading - if you are trading US stocks at the open I can share some simple "information" with you that can be very effective at times - and you know what "at times" means. J_S
Why are folks so enamored with this guy? He has zero financial pedigree, zero proof of ever making a dime in the markets, and zero testable hypotheses made of his ideas. There are dozens of proven prop and fund traders who have written books and or will mentor you if you approach them humbly in the way altucher teaches in his mentor article i posted someplace else on elite. I just don't get the fascination with these unusual gurus. surf
Oh yes, one that comes to mind easily, as i keep reminding myself as to how stupid i really was, was the pdf that was going around about "Phantom Of The Pits"!! The name itself should have been a red flag enough! This chap "wanted to give something back" - what a load of bulloney - he lay on a couch and visualized what the market was going to do, and this visualization made him millions - what the heck, and to think I actually read that crap, it makes me mad at times!!!!! I could go on and on - but I won't - no book or course, or mentor, or self professed "guru" is going to make you money - you WILL make money if you follow a few simple rules that will stop you losing too much on any one trade, and, you then refine your trading until such time as your entries are "perfected" - never worry about how much you will make, but always worry about how much you will lose - when you get close to this level you will understand exactly what I mean, till then, remember the saying, "buyer beware"! J_S
A straight up question - do you "sell" anything, or are you in the process of trying to "sell" something - a simple yes or no will suffice! J_S
Then put Al Brooks on ignore. Don't be such a hater.Why must 80% of your posts be knocking someone....some strategy? Methinks someone is jealous because the Al Brooks Bar and Grill here is loaded with happy clientele and The Surf Report has basically become a ghost town....all you hear is crickets in there. Post something useful instead of "LOOK AT ME !!!!!!!!!!!!! I'M UP 300 YM POINTS AFTER TAKING 500 POINTS OF HEAT.....I'M GREAT !!!" Seriously...if someone didn't no better they would think you are some 18 year old kid trading on a simulator. As far as Brooks, some people like his stuff. Why do you have it out for the guy? Oh wait I know.......T...........................A.......................... Price Action. Obviously there is something to his approach because a lot of people on here want to talk about it.
Surf used to up until about a month ago. He had a website selling his market calls even though there was : "zero proof of ever making a dime in the markets, and zero testable hypotheses made of his ideas"
That explains all - I could not be bothered checking it out, but I take your word as truth, for why would you lie! Anyone, and I mean anyone, who sells information to others, is, in my eyes not very good at trading, for if they were that good, then why would they need to sell it, why not just "help" people for free! I did mention about Mr Hawaii, and my experience with him, and when I done a marketing course online, who do think was posted up in big red lights, only Mr Hawaii himself, and he pulling in about $360K per year from his "marketing" business - they are not traders, none of them, they are but "salespeople", and it looks like a good few of them can't even do that well J_S
OK. One last post. Surf, my friend, I didn't buy Brooks because he promised I'd make money. I became familiar with his work through Futures, a respected trading magazine. His approach seemed different than what the other Gurus and high priced courses of the past had to say or offer. I bought the books because I knew they would give me a different, and possibly a greater understanding of the markets, the why and how of the way they work, so to speak. It's up to me to use that understanding to my advantage or not. It has worked to my advantage on many levels, so far. And I can assure you, he could not have put those books together in a quick period of time, which is why I don't lump him in with the others. It was a tedious work at best, and worthy of a much higher price tag just on the hours alone if one charged by the hour for such an endeavor. I challenge you to read his books, the new ones, though it may turn you into a PA guy:eek:! Now forget about us TA guys, and go have a great weekend!
Good ol Surf took the site down. But I'm sure he would own up to it. I agree 100000% with you on the people who sell their trading ideas. Why sell something that damn good ? Because it ain't that damn good.
You will never ever see the "real" good stuff in text books - i asked some time ago a simple question, to which I think no one replied. What is a "BOB" - hint hint - chart related Who will get it first? J_S