I have bought Al Brooks' Trading Course

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

  1. i was going to ask, if this were your trade, and according to your evaluation, when would you want to close out, all in all out, or otherwise? why, pls?

    just for fun and pleasure, K? with no commercial or trading value of any kind, implied
    or otherwise.


    4 et just when to close out maximally.png
     
    Last edited: Sep 29, 2015
    #651     Sep 29, 2015
  2. I kind of assumed you would have seen it, but posted the link just in case.
    There was a fairly interesting German one but I can't seem to find it anymore. (and you'd need to know German to be able to watch it properly)
     
    #652     Sep 29, 2015
  3. You're a money-making machine, Naka. Teach me your wayzzzzz
     
    #653     Sep 29, 2015
  4. k p

    k p

    From what I recall when I watched this UK one, the way they were trading wasn't really trading. If my memory serves me well, they were almost doing fundamental analysis, looking at interest rates, currencies, all that stuff, but nothing what I would consider almost trading. (ie. PA trading). The show was more about ratings and excitement and reality TV than anything else. :(
     
    #654     Sep 29, 2015
  5. Pretty much true, although it looked even more so due to the editing.
    I actually spoke with one of the guys that took part in the show. There was lots of 'training' on Technical Analysis and chart patterns etc that they all went through. But yes, it often seemed to be a case of ''This company had good news out yesterday. Probably more upside to go??....Long!!!''
     
    #655     Sep 29, 2015
  6. ubo

    ubo

    I think it was wrbtrader who has mentioned that there are videos on trading competitions organised by European or US entities, which may be trading screens of the participants. Those would be interesting to look at.
     
    #656     Sep 29, 2015
  7. k p

    k p

    Wow... you're almost famous by association! :) After I also found out some stuff on that guy who was the star trader, once again, unless my memory doesn't serve me well, I wouldn't put him in the category of experts. I'm not sure if this was because I recall him saying something like an x % increase on your account every year is a good amount, and by x this was maybe 20-30%. This seems ridiculous to me because a trader with a 50k account who is making 3-5k a day increases his account by what, at least 1000% and more? Sure for a long term swing trading account 20-30% is awesome, especially when you're moving around millions of dollars, but day traders don't really talk in terms of % of growing their account.

    Anyway, the guy himself really turned me off and I saw no magic... not like the magic we see here sometimes. :)
     
    #657     Sep 29, 2015
  8. k p

    k p

    Yes... he did say this, and although I have full respect for wrbtrader, by saying its out there without pointing to an actual video that is the real deal, I didn't find this advice useful. I know he always pushes doing your own homework, which I respect, but in the world of trading, most of what is posted is crap. So to suggest that a person searches youtube for trading videos makes me think there is a much higher chance of learning from someone without a clue rather than from the few accomplished traders. (EDIT: He might have not said exactly to just go to youtube, but still, without providing a poster who he thinks is worthwhile, I think more harm than good can come from searching for help out there)

    Its kind of putting the cart before the horse. In order for a new guy to figure out what's good, he kind of has to be very very experienced, and once he is experienced enough to separate the gold from the bullshit posted online, he probably doesn't need to look anymore for his own benefit.
     
    Last edited: Sep 29, 2015
    #658     Sep 29, 2015
    nakachalet likes this.
  9. wrbtrader

    wrbtrader

    First of all, you are far from the truth and its sad to see such about you as a lazy liar.

    1) I posted a direct link to the website SalonAT.com (just did it again) that you keep ignoring.

    2) If you can't read french...use Google translator (that too was stated)

    I even made a sarcastic comment, if you don't know french...take a class because I'm not going to teach it to you nor is it my responsibility.

    3) Type in SalonAT.com on Youtube or Salon du Trading on Youtube (that too was stated)

    You intentionally bent the truth by implying I only said Youtube (read carefully your quote above...that's exactly what you implied)

    4) There's a ton of videos going back to 2005...just choose one (that too was stated). Someone else chimed in and said he could only find 76 videos of actual trading competition and hundreds more about in interviews. :D

    What's so difficult to you about using your own damn keyboard and typing in the words S A L O N A T . C OM or type in S A L O N D U T R A D I N G on Google or Youtube. Guess what, I just spelled it out AGAIN for you. Seriously, if others can type the above words at Youtube...why can't you ?

    You don't need direct links...just type in the darn letters and click ENTER. Next, watch any video of your choice. Simply, if you want me to tell you which videos are my favorites and why I like that specific video...it ain't gonna happen.

    5) I have never implied those videos are going to teach you how to trade or going to teach you a trade method. Although you didn't actually say that...that's exactly what you're implying. Instead, I have been straight with you while you're being a lazy butt...me telling you about SalonAT.com and Salon du Trading is a direct response when you said something like the following...

    There are no traders with verification they are profitable


    If your mind is still slow, do you remember my original recommendation after you stated the above? I said the ES Journal (live trades) and the old Trading PnL threads (broker statements and live trades).

    Your response basically dismiss them all via saying things like they are members from many years ago as if their education content has no value and then you clarify by saying you're looking for some sort'uv education. I responded with sarcasm...nobody here is required to educate you about anything nor teach you how to trade. That's your responsibility.

    That's then when started making statements just like you did in this thread as if someone is required to point you to that ONE video that's going to change your life.

    Guess what...lets see how many others here are willing to go to Youtube and type in Salon du Trading or go to the website SalonAT.com while you're completely unwilling to do the same but just complain. You create your own harm due to your complete laziness.

    P.S. If you just want to learn someone's method....just go to the TA threads here at ET and choose any method you want. Do not expect me to point you to a specific thread here for such. Yet, if you want someone here at ET to teach you how to trade. Just like I told you before...there's no mentoring here at this forum and this forum and any other forum is not a suitable environment for mentoring.

    Simply, if you want someone to teach you how to trade...it can only be done in person, real-time via the person walking you through your trades for many weeks or months.

    Reminder - I did not say just go to Youtube and give no further information as you suggested. I specifically gave you the titles or names for your search and from there...you can watch or read whatever you want that fits your fancy.

    Personally, I like the videos of the women traders...they're pretty. :cool:
     
    Last edited: Sep 29, 2015
    #659     Sep 29, 2015
  10. k p

    k p

    Yes, that would have been nice. Instead of calling me lazy and wasting all this time, you could share a useful link.

    What good does old trades do me? Isn't the idea of mentoring for someone to be sitting right beside you? Not that seeing someone post a live call as you watch it as well is mentoring of course, but its never the less interesting to see someone enter a trade, and be aware of it IN REAL TIME, and see if you can figure out what would make them enter the trade there.

    Honestly, if you keep calling me lazy, I have every right to call you less than useful. The only thing you ever provide is a general outline. Its a wonderful outline, but its still a general outline never the less. You even say those videos at Salon won't be helpful for education purposes, so why would I watch them?

    Listen... if I saw you stumbling along the street late one night with a bleeding arm wound and in distress, I would help. I would ask if you know where the hospital is. If you replied you didn't, I would ask if you have a phone because the phone could tell you where the hospital was. If there wasn't time to find a hospital, I could suggest to you that you would look up info on how to stop the bleeding. Maybe if I was really nice, I might even call your wife for you to let her know you will be home late.

    Oh wait, this is the equivalent of what you would do and what you continue to do with your replies! If it was me, I would take off my shirt, wrap it around your arm and use it as a tourniquet to stop the bleeding. Don't you think that would be more useful?

    In my example, I'm probably gonna ruin my shirt, but what exactly do you ruin by providing a useful link? A member on here suggested watching videos by a certain trader, FuturesTrader71, which I find incredibly useful, and also listening to another specific podcast about an interview with a guy who he thought was the real deal and tells it straight up like it is. Was that so hard?
     
    #660     Sep 29, 2015
    i960 likes this.