Tribute to Brooks

Discussion in 'Journals' started by padutrader, Jan 26, 2021.

  1. fan27

    fan27

    Brooks == Jack Hershey
     
    #1351     Oct 31, 2021
  2. padutrader

    padutrader

    who is Hershey?
    and what do you mean
     
    #1352     Oct 31, 2021
  3. Overnight

    Overnight

    #1353     Oct 31, 2021
    fan27 likes this.
  4. padutrader

    padutrader

    took me 14 years ...a little ashamed....when i started reading brooks in 2007 i never expected this time delay......underestimated the competitiveness of day trading
     
    #1354     Oct 31, 2021
  5. Overnight

    Overnight

    Better late than never.
     
    #1355     Oct 31, 2021
  6. padutrader

    padutrader

    i searched hershey.......his method is more suited to stocks while brooks is suited to single instruments like E mini ....or audusd which i trade
     
    #1356     Oct 31, 2021
  7. padutrader

    padutrader

    scaling in:

    it is the most dangerous way to trade if you are not near perfect in your read of market.....brooks is more than perfect.......he talks of so many things......but i have now understood when to scale in......only do it when market is ranging :buy below bars/sell above bars........as opposed to buy above bars /sell below bars......if you understand this......you are going to make a lot of winning trades.

    this is one thing that has made me profitable

    i am basically trading breakouts.....either i go in direction of breakout or ,if the market has been a range day,i fade breakouts.
     
    Last edited: Oct 31, 2021
    #1357     Oct 31, 2021
  8. tiddlywinks

    tiddlywinks

    Brooks IS NOT Hershey. There may be a few overlaps, but in concept only, not necessarily name. Hershey is ROOTED in volume.

    Hershey methods began in equities, and are very much suited to futures. In fact, many threads in their entirety are devoted to the Hershey methods for trading futures under the moniker of SCT, Seamless Continuous Trading, using 5 minute bars with ES. If you have no interest in using volume, Hershey is not for you.

    padutrader has no idea what he is posting regarding Hershey.
     
    #1358     Oct 31, 2021
    padutrader likes this.
  9. padutrader

    padutrader

    i id say they are not the same
    true..i had to google that fellow
     
    #1359     Nov 1, 2021
  10. padutrader

    padutrader

    while is a huge benefit to traders to have access to Brooks mind ,i have to admitit is SO easy to get lost in Brooks vast knowledge......

    i finally discovered what was important and basic to his method after persisting with him for 14 years...............and i am thankful for this lucky find.

    persistance is the key to success in anything for most people except for the lucky few

    Brooks easily takes the prize of being the most disorganised teacher of all time
     
    #1360     Nov 1, 2021