Perfect example of why Al Brooks is impossible to follow

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

  1. I am not that clever nor smart but I have near perfect, eidetic recall. I can't find the post but NoDoji did in fact state explicitly that she earned something like 9-10x the initial req on the CL. So yeah, extraordinary claims should be vetted. Odd measure of performance, but I knew from that moment she had zero credibility. Whether the post is gone, deleted, etc., I can't say.

    Hershey's BS is even worse with the fantastic claims of 5x ATR and turning 10k into millions in a few months. The one day he agreed to trade in RT was a sham of cherry-picked impossible entries and he still lost money.

    I don't know if Brooks can trade but I know he's full of shit.
     
    #71     Apr 1, 2013
  2. What 9x10 the intitial req would be?what is it,anyway?
     
    #72     Apr 1, 2013
  3. jnbadger

    jnbadger

    Ok, that I did not see. That sucks. I stand corrected. But really? She said that?
     
    #73     Apr 1, 2013
  4. Earning 9 or 10x the overnight req on the futures, per lot.
     
    #74     Apr 1, 2013
  5. I was on the thread, but can't find it now. In any event I read it and put her in the loonie pile as a result. She's verbose but helpful, but I would avoid as any comment like that would negate any further value as you can't trust anything stated w.r.t. profitability/success.

    The fact is that Hershey is the worst offender with this $10k to $50MM crap. He is completely devoid of any useful trading information.
     
    #75     Apr 1, 2013
  6. jnbadger

    jnbadger

    Hope you had fun writing that. I hope we meet in person some day.
     
    #76     Apr 1, 2013
  7. You mean the margin req,right?So on CL it`s about $5K.5x9 or 10 goes to $45K-$50K,correct?In so many words, she claimed she made $45K-$50K per day,per lot??
     
    #77     Apr 1, 2013
  8. No, $45k to $50k per lot, per year. For someone that has admittedly been profitable for a short period of time.

    The exaggeration in itself is not important, rather the methodology built on BS.
     
    #78     Apr 1, 2013
  9. jnbadger

    jnbadger

    Hershey belongs in a loonie bin of his own.
     
    #79     Apr 1, 2013
  10. CL has a high body count, nuff said. Never touch the stuff. Can't hack ES trading why able to perform miracles on CL?
     
    #80     Apr 1, 2013