Tribute to Brooks

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

  1. Leob

    Leob

    In my opinion all the eductors out there are all correct. There is truth in any any educator, more or less. But no one suggest effective way of gathering data and execute. With out that, you just memories definition. This is not trading. Trading is adge. And the more simple you identify the adge, the signal, less errors along the way.
    If it's not simple, it's an illusion.
     
    #1441     Nov 7, 2021
    padutrader likes this.
  2. padutrader

    padutrader

    good points
     
    #1442     Nov 7, 2021
  3. maxinger

    maxinger


    bad points.

    go meet more educators.

    you only want to learn from people who earn money from trading.
    You don't want to learn from people who earn money from teaching.

    superficially they look very similar, but they are actually very different.
     
    Last edited: Nov 7, 2021
    #1443     Nov 7, 2021
    fan27 likes this.
  4. padutrader

    padutrader

    yes if it is complicated it is rubbish.

    but simple takes time to find...for me 14 years
     
    #1444     Nov 7, 2021
  5. padutrader

    padutrader

    i think there is good in everything and bad in everything. you should have the brains and take effort to differentiate between the 2.

    also good and bad is not absolute. if it serves your purpose then it is good. so it depends on what your objective is
     
    #1445     Nov 7, 2021
  6. padutrader

    padutrader

    there can be nothing more simpler than brooks

    determine the market condition [context] wait for a trade signal which aligns or agrees with that context and take that trade signal........if a signal contrary to the context do not take it or in certain cases take it for a very quick profit..scalp.

    wait for both context and signal to agree
     
    #1446     Nov 7, 2021
  7. padutrader

    padutrader

    yyou cannot think in a straight line......if you get a h2 ,a higher low........at top of range......brooks says do not think....SELL....." until i get hit on the head by the market which says this market is breaking out of the range keep selling high at top of range"-this is what brooks says.
     
    Last edited: Nov 7, 2021
    #1447     Nov 7, 2021
  8. padutrader

    padutrader

    fading breakouts, when market is like this, is lucrative c.png
     
    #1448     Nov 7, 2021
  9. padutrader

    padutrader

    fade all break outs...unless is is very strong.......brooks does not use these exact words
     
    #1449     Nov 8, 2021
  10. Overnight

    Overnight

    Thanks a lot for showing the instrument, and timeframe on the bottom, and the price on the right column. That was really helpful information. Because all we have is an etch-a-sketch of nothing.

    You are just so awful. WTF are those lines and bars? Is that CL, NG, ES, SPY, HG, T, F, HOOD, etc etc ad nausem on all instruments in the universe?
     
    #1450     Nov 8, 2021
    p0box4 likes this.