Tribute to Brooks

for goodness sake, trade other more tradable things.
If Brooks' didn't mention about this, throw away the book.

for Aud, you have to stare at the chart for10 hours a day, 22 days a month.
ie total of 220 hours / month.
then Aud will give you just ONE good signal.

after waiting for 220 hours, there might be a good signal.
and during that time, what if you bring your dog for a walk?
you will be totally totally devastated !!!!


for ES (or other hard commodities ), you just stare at the chart for 10 hours a day. Then ES will give you > ONE good signal.

after > 1 decade, pse get out of your comfort zone!

 

padu, you lied.


https://www.elitetrader.com/et/threads/tribute-to-brooks.355246/page-130#post-5478556

 

i made 30% yesterday

 

next you will say one year means nothing.
next you will say 5 years of profits means nothing bullshit
one day of profits means a lot...to me.

 

no you see one signal

i see more than 20........and i just adjust my position size for it's volatility or lack thereof.

i am 18% up in two trades in 2 hours of trading.

yesterday 30%

hard work study and persistence pays off.

 

i thought ES trades for 6 hours a day.....aud trades for 24 and i trade for 18 hours.....

i do not just stare.....i have been practicing trading as brooks says all traders should.

i am getting the returns now from all my practicing.

i also have learnt not to rush into trades waiting till market becomes clear and become patient since there are 24 hours to trade so why take some doubtful trades

 

What does one day of profits means to you when you all lose it later on? Like you have done countless times before?

You might think making 30% in one day is impressive, all it tells me is that you are way over leveraged, again, so eventually you will lose everything, again.

Seems like you still didn't learn anything from the mistakes you have been making for the past 15 years.

What you are doing is like watching the same movie for the second time, yet expecting a different outcome ...

 

it means practicing my trades
and how the fuck do you know the future?

just because i lost eveything when i was practicing my trading does not mean....fuck it you have decided i am a loser

i am a winner i have decided

 

i am over knowledgeable

 

You have proven that you are a loser, you still have to prove that you can be a winner, but unfortunately you have the wrong attitude.

Again, you are expecting a different outcome yet you keep making the same mistakes over and over again.

You are not a trader, you are an addict.