with brooks ideas you need to determine trend....if you cannot do that you are dead . i never bothered to do that. now i do. i do not blame others
Determining trend. Determining the future. Determining the buying/selling points. If you can simply do that....according to Al Brooks....you will become a millionaire, and a success, with trading. That's a Profound, and genius, concept.
if you do that according to ANYBODY you will make money.....traders are not millionaires.....they are the lowest rung in the business world......manufacturers are the cream
right now my trade is in profit because i entered with the trend....there may be many ways to do that that is a different matter. there is no other way to make money...apart from enter a trend
Knowing the future. Knowing the trend. Knowing when to buy, knowing when to sell. is Everything. And basically, No One knows the future. We all like to Think we know the future, but nobody or no system knows it. And all vendors like to bluff their customers into thinking they somehow have carved out an edge. And the rather dumb customers buy into their sales pitch. Most traders lose because they are basically in a casino...doing nothing other then purely gambling. They like to think they have wisdom, skill and edge...but their results proves otherwise. I don't want to sound like an ego prophet, but I kind of do know the trend expectations/assumptions for the S&P market daily, before the opening bell. But I'm not necessarily revealing anything. You have to be part hunter, part psychologist, part detective, part artist.
if you do not get in early, before the trend is obvious the market will stop you out...and then you will say brooks is cork sucker. so yes it is profound