LMFAO HAHAHAHAHAHAHAHAHAH HAHAHAHAHAHAAHAHHAHAHA Do you see the second entry on the chart? LOL HAHAHAHA
you can laugh but you are the joker. it took me study from 2007 till now to know, that Brooks is the only one, I KNOW, who understands markets perfectly, and tries to explain it to everyone. I would not bother. I would just mint money and enjoy it. Why try to help others and be called a fraud. Me !!!! i will NOW kiss his backside a thousand times each day !!!!!!! but i cannot find it. that is why he has always been a recluse. You have to be smart enough to know that he is the Kohinoor of the financial world. i recognised this in 2007 but ,not surprisingly , took me so long to understand his teaching. Markets are not easy to understand or and even more difficult, explain, to anyone but the most persistent of researchers. i know NOW finally that whatever i have said here in ET ,my faith in Brooks, is NOT MISPLACED. you can laugh but i can assure you Brooks laughs the hardest and longest against all the ignorance that is calling him a fraud. All the way to the bank. that is what i intend to do also. happy trading
Laughing at others, at their ignorance or at their genius, which is not understandable to most, is not a very admirable thing. My only goal in my trading life of 30 years was to laugh....all the way to the bank
Good stuff Padu, Don't listen to SML. SML has consistently said he won't help anyone even if he discovers a profitable strategy. He also won't pay the Price for achievement. You have Padu. You not only help others with your experience and teachings here, but you have also "paid the price" for improved Trading success. You are alot better human being than SML and alot better Trader obviously.
All this seems unnecessarily complicated and not worthwhile. There's first, second and third entries, failures, failed failures, failed failures of failures, this and that. Why not just buy near a swing low and sell near a swing high? Mark up the major levels and catch a piece of the day's larger moves instead of trading noise and largely random chart patterns.
There's an eco system in the trading industry as with everything else. In this case, Al Brooks is a vendor who makes his money as a salesman. You, are the customer. The only one who's laughing all the way to the bank is Al Brooks collecting risk free money selling his courses...
He was an Eye Surgeon. So he obviously has a very good Brain and attention to detail. He said he had to learn the ES by himself by marking up Charts everyday and cataloging them. That would explain the complexity and detail. But extracting the Principles among his Writings is a nightmare. I find myself skimming and scanning. He makes other trading books look like basic Children's picture Books. But his Publishers would love it, gives them three Books to sell.
You're too kind. I'm an engineer and I can tell you there's plenty of stupid people working at my firm where I find it amazing they even made it through school. Regardless, a good brain and attention to detail may not be sufficient for trading profitably. As long as it works, I have no complaints. Question is - does it? Seems to me Al Brooks is at an advantage keeping things complex and diffuse as the student is always at fault for not having understood it or studied diligently enough.