Tribute to Brooks

i do not think you understand him.

he does not teach any method....and that is what perplexes everyone.

he teaches a 1000 methods. all known for 100 years. only he uses his own terminology

choose any one.

i am trading mostly second entries.

and i am doing much better because i have shifted to gold....you need clean swings to trade......

and for some reason audusd is not doing that in the last few days i have started the journal

 

from now on I will be trading second entries in gold,XAUUSD.

what are second entries see Brooks explain it below

 

I hope no one ever puts up this kind of "tribute" to me.

Reminds me of this Tribute to Henry Ford ...

 

I believe 90% of Brooks income comes from the video course, books and the $99 a month chat room. His win ratio is somewhere close to 50-55%

 

Trading theist's don't want to hear that.

 

I've posted dozens of times: If you want to day trade the emini there is not a better place to lay your foundation than Brooks's video course. But you wouldn't know it to read Padu's journals. He feeds the anti-Brooks trolls and validates their view.

 

Al Brooks himself has said that at anytime chance of a break to the upside is 40-percent while the downside is also 40-percent. You're better off with a coin toss.

 

that alone will not guarantee the profitability.....you need a high profit factor too

 

not really.....

with a coin toss you get heads or tails....

but with a break out you may get 2ticks or 50 ticks or 100 ticks

 

it is profit factor that is more important