Tribute to Brooks

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

  1. tony.m

    tony.m

    padutrader after 12 years studying Al Brooks now is the time to move on. Have you even made back the $500 you spend on the books and videos yet ?
     
    #231     Feb 4, 2021
  2. padutrader

    padutrader

    aud usd is not swinging as it normally does last 2-3 days so it has been difficult with NFP today expect things to change
    long wq.png
     
    #232     Feb 4, 2021
  3. padutrader

    padutrader

    you cannot blame the tools......and that is all Brooks is.

    Brooks is teaching technical analysis in it most classical form.....it is 100 years old and you cannot get away from that in short term trading.


    incidentally before Brooks i also studied and traded Gann, Pring, Elliot, Demark, Hansen, Raschke, Bulkowski, ......these are the ones i remember.

    i also read a lot of books and studied free stuff on net.I read my first book in 1994
    i have come to the conclusion that nothing gives more than an edge......

    so you have to trade like a casino does and not like it's clients.

    the casino DOES NOT evaluate each client's bet, analyse it and then accept it......

    it accepts them all .

    so why do traders evaluate trades and analyse them.......i have been doingthat for 30 years.

    now in my journal i am just taking every buy and sell signal and putting a target............blindly.........


    so to answer your question in one line: i do not think it is time to move on.it is time to follow everything he teaches to the letter.
     
    Last edited: Feb 4, 2021
    #233     Feb 4, 2021
  4. padutrader

    padutrader

    added one more position......this is the present cx.png cx.png
     
    #234     Feb 4, 2021
  5. padutrader

    padutrader

    #235     Feb 4, 2021
  6. padutrader

    padutrader

    long bv.png
     
    #236     Feb 4, 2021
  7. padutrader

    padutrader

    diamonds are forever

    5 minutes is for 5 min...
     
    #237     Feb 5, 2021
  8. padutrader

    padutrader

    this week trading..... mn.png mn.png
     
    #238     Feb 5, 2021
  9. padutrader

    padutrader

    doing better now that i am trading gold....trading so far today po.png
     
    #239     Feb 5, 2021
  10. tony.m

    tony.m

    For 1 week do the opposite of what Al Brooks teaches, I can guarantee your win/loss ratio will be much better than by following him.
     
    #240     Feb 5, 2021