Perfect example of why Al Brooks is impossible to follow

Discussion in 'Educational Resources' started by ChkitOut, Mar 31, 2013.

  1. "Laughing on the way to the bank" sums it all up.

    Living the dream, baby.Living the dream...
     
    #101     Apr 1, 2013
  2. Your posts don`t make any freaking sense.They are FOS.
     
    #102     Apr 1, 2013
  3. Yes, a statement of any kind. Those are not statements--- look like a P/L screenshot snippet? I don't get why you think hat as posted is a statement.
     
    #103     Apr 1, 2013
  4. Cornix and ND are the two cartoon characters.One is 'laughing' on the way to the bank,whereas the only trip to the bank is to re-load the account.Another`s favorite qoute is:'if you think you can`t do it,no one can`t do it'...Fckn LoL!!! Of course IT IS!!!!!!!!! How could it be any different???If i can`t and the other 89 or more out of 100 can`t either, how can you think YOU ARE SO FUCKN uniqe and different???To get this, you got to have any sort of thing remotely ressembling a WIT,which is apperantly you aint got!
     
    #104     Apr 1, 2013
  5. slugar

    slugar

    Not sure why this turned into such a hate thread but Donna doesn't deserve this she's been more willing to help me get started than any one else I've asked for! Her method is sound so maybe you should stay on course with your hatred of brooks!
     
    #105     Apr 1, 2013
  6. You probably also believe in 'if you can`t do it you think no one can do it' stuff,even when the statistic proves that you CAN`t.Am i correct?
     
    #106     Apr 1, 2013
  7. slugar

    slugar

    All I know is I'm working on my method every night after I work my real job! Printing the charts seeing where my stops would be placed! Keeping everything in a journal. All the trades my method would make and I'm going to do this for 3 months to see if my method will be consistent or if I need to make adjustments and Donna helped me with this so if that's wrong then I'm wrong but I happen to believe she's a great trader!
     
    #107     Apr 1, 2013
  8. if you are talking about a single security like an index future you will be making endless adjustments to your stops, setups, and targets.

    You will find the reality is the market never allows you to profit from your 'method' for too long before the character changes and you no longer even SEE your setups for a while.

    Your setups will no longer even make sense because the context will change, the volatility will change, the ranges, breakouts, trading range size, everything will change and you wont even know what is going on.

    Then you will adjust and once you do, it will change again, then you will be lost again. This is the nature of the market. Get used to it.
     
    #108     Apr 1, 2013
  9. slugar

    slugar

    So what's the point if what you are saying is true than no one can make money !
     
    #109     Apr 1, 2013
  10. wrbtrader

    wrbtrader

    Most new traders do this regardless to the trading instrument (stocks, futures, forex, options) and regardless to the method being used.

    Trading is not suppose to be easy. In addition, you're not dealing with reality if you think new traders aren't making adjustments during their learning curve while trading stocks. Haven't you read any of the stock journals here at ET. :(

    Therefore, based upon some of the statements you've made in this thread, I highly recommend you take a break from trading. Work and save up your money for a few years. Only return to the markets when you have a better attitude and realistic views about the markets after those years of getting a new perspective (seriously).
     
    #110     Apr 1, 2013