- Dad, what do I do with my life? - Son, I won't be around forever and there are lots of people to milk, why don't you take over my technical analysis farm? - Ok dad.
Hello tony.m, Money makes money. Joseph trying to get rich in this trading business. He is doing what works for sure. He Pimping that Price Action stuff.
Why should I possibly care about how Al Brooks makes his money? I care that his wedge / micro-wedge setup on any timeframe is golden. If you haven't poured over 1000's of charts to prove it to yourself, then STFU.
Same here. I don’t know why you should care, but I can tell you why I did. It was really relevant to me, before starting off on his stuff, and I think it probably is to many other people, too: I cared how he made his money because I wanted to learn from someone who had made almost all his money from trading, not by being a vendor. That’s reasonable enough, isn’t it? When I started on his stuff, Brooks wasn’t really a vendor: he was just a former-professor, former-surgeon, now-trader who had written a few books published by Wiley. So it was pretty important and significant to me, back then, to learn - from a few very reliable, independent sources - that he had actually given up a hugely successful career as an eye surgeon and ophthalmology teacher only after his own on-the-side income from trading had steadily outgrown his professional medical/surgical/university income consistently for some years. The situation is obviously different, now, for people in the position I was in, then: for a start, Brooks is much more clearly a vendor now, which understandably and appropriately makes some people suspicious. Secondly, more and more people have - again understandably - struggled with the unreadable nightmare of Brooks’ first book and been put off by it without realising that the later books and course more than make up for that, and are great. On the other hand, anyone doing even a small amount of due diligence with an open mind will quickly see, both from Brooks’ own forum, and in all the well-known trading forums, the comments over many, many years from really large numbers of obviously longstanding, obviously respected members (I am admittedly neither, myself!) who openly and gratefully attribute to Brooks either their entire ability to make a living through trading, or most of it. Only the most twisted, deluded conspiracy-theorist could conceivably imagine that all these ever-present, ever-increasing numbers of people were some kind of shills, fakes or otherwise dishonest for no reason. It’s about as clear as you can get, really. But equally clearly (and quite rightly) it’s certainly something that people care about.