Trading the ES live-the Brooks way

Discussion in 'Journals' started by padutrader, Aug 18, 2024.

  1. Good numbers! But is an average trade time of over 10 minutes "scalping," @padutrader ?
     
    #1281     Nov 21, 2024
  2. padutrader

    padutrader

    risked/leveraged a bit of the profit to make a little over 1 pip ett2.png
     
    #1282     Nov 21, 2024
    HawaiianIceberg likes this.
  3. padutrader

    padutrader

    good question!

    but i do not know the good answer.

    it is money for sure.

    anyways it is down to 6 min so i do know that statistics should be taken with a larger doses of salt.

    have you heard this: "there are three kinds of lies: lies damn lies and statistics!"
     
    #1283     Nov 21, 2024
    Probability likes this.
  4. padutrader

    padutrader

    Is Brooks suitable for you?

    you first have to decide where you want to go, what you want to do.

    i wanted to make a lot of trades. why? because i had the time. The market fluctuates on all time frames.
    so you can make a lot of trades on any time frame.

    i chose 5M because like i said i could be at the computer all the time and i had nothing else to do.no job, work or even activity.

    so for me it Brooks was perfect.

    but the more trades you make the more perfect you have to be. This is the catch.

    that is why Brooks says, if you a beginner, then do not scalp, swing. If you do not want to make a lot of trades because this makes you nervous, tense or you just cant watch the charts then swing.
     
    #1284     Dec 1, 2024
  5. Overnight

    Overnight

     
    #1285     Dec 1, 2024
  6. Darc

    Darc

    I think it's obvious that @Overnight (currently banned) finds Trading too hard or has given up learning, so doesn't care if he gets permanently banned - thus his habit of abusive trolling.
     
    #1286     Dec 21, 2024
  7. Wide Tailz

    Wide Tailz

    He's getting angrier, that's for sure. Like a nice old dog who had some quirks, suddenly getting rabid after being bitten by a raccoon. And it appears it was the ES market that pushed him just a little too far......

    Speaking of brooks, his methodz may still work unlike other Gurus since it is so hard to understand. It's why elliot wave also works at times, because it's impossible to duplicate from one user to another. As soon as your moves get too predictable, AI guns your stops!
     
    #1287     Dec 21, 2024