He is laughing all the way to the bank because he is getting risk free money from selling his books and courses. I am sure you too are laughing all the way to the bank since you follow him closely and trading his method faithfully?
yes now i am because i have understood what he is trying to say. he does not know how to explain things he makes a mess of it. in the end I choose what set ups to take. And what to leave. NOT Brooks so Brooks is not at fault if you choose wrongly in situations where it is not clear to me i do not trade. That is one thing i have changed in recent times that has improved my profitability. i have also recently greatly improved my understanding of channels and how to recognise them: this is CRITICAL because i then do not take the break out set ups in channels and fade them instead. my loosing trades has disappeared because of this realisation and recognition. so just by following him you do not get anywhere; unless you realise when to trade BO and when to fade them that is why most people call him fraud
Good Morning Laissez Faire, Al Brooks is Trading Seller scammer, and every real trader knows it. He talks and talks and talks with all this price action theories and stuff, but he makes no money, and neither do his students. My friend and I studied his work for 2 years, both of us lost money and really confused on his teachings. He is scam. @padutrader study him for 20 years and still struggling. IMO, I think @padutrader is a better trader if he leaves Al Brooks alone. The man makes no money trading, just selling complex theories and his trade chat room sucks.
Good Morning padutrader, I am not laughing at you or anyone. I bought his course as well and several others I know. What he teaches does not make traders money and not even him makes money from it. A year ago, he and some other guy charged people like $3000 to travel to Florida to watch him trade for like 4 hours. https://www.brookstradingcourse.com/workshop/al-brooks-live-trading/ So, what does that tell you. He just trying to take customers money.
Yes. 100 % agree. It's much better to actually study the market. Back-test/back-check, forward test, back to the drawing board, rinse and repeat. I'll add that for all we know, it's quite possible @padutrader is even a better trader than Al Brooks already.
Hello Laissez Faire, Well, Al Brooks is not a trader. He is just a talker, marking up charts. He probably can not trade himself out a paper bag and can not recover drawdown. All his students on his forum struggling, his chat room, no-one trades, ALL talkers. Just talking bullshit people. @padutrader can be a far better trader than anyone, if he just get rid of this silly Al Brooks teaching...2nd entry bar, wedges, insides bar, all that bullshit.