Al Brooks Trading

Al Brooks Trading
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1.7

Summary

Al Brooks is a charlatan. No track record. Claims to be a “full-time professional day trader”, yet can provide absolutely zero proof. Trading books are highly subjective, unscientific mumbo jumbo with no backtesting of trading concepts.

Live trading room is an exhibition of palm reading, fortune cookie wisdom, crystal ball divination, modernist voodoo, cult leader fanaticism, and Harry Potter magical thinking.

A specialist of “double-speak”, where the left ear hears the trample of bulls, while the right ear simultaneously hears the mauling from bears.

A circle jerk, waste-of-time carnival attraction meant to sucker the newbie into believing that an actual wizard is behind the curtain.

Pros: Good for the very basics. Nothing more.
Cons: Highly subjective, mumbo-jumbo trading books and courses from a supposed trading guru. No proof of trading success. No track record. No scientific evidence. Pure magical thinking. Trading room is a waste of time.

Thanks for reading today’s review of Al Brooks Trading

What is Al Brooks Trading? Al Brooks is day trading educator. He currently maintains and promotes the following web properties:

  • Brooks Price Action (2009) which is an online trading forum where purchasers of trading products can ask questions and access a live day trading room priced at $99 per month.
  • Brooks Trading Course (2012) which is a promotional store front that is selling a 36-hour video course for $249

Al Brooks also maintains various social media profiles:

In addition, Al Brooks has also published four trading books:

Al Brooks is also a frequent advertiser with the Online Traders Expo. Some readers might be offended or confused that I am using the word ‘advertiser’, instead of the word ‘speaker’ at Online Traders Expo. The truth is that Online Traders Expo is a quarterly seminar circuit that specializes in promoting and selling trading products.

Anyone can be an “expert speaker” at Online Traders Expo, you just need to spend several thousands of dollars for the privilege. There is no vetting of trading educators or the products being sold.

Al Brooks also receives a tremendous amount of press from Futures Magazine. In fact, he publishes a daily blog post on Futures Magazine where he provides a post-market summary of the daily price action.

Al Brooks Trading Performance

Al Brooks has no published track record. Although, there are many references in his books and promotional materials, as being a “full-time professional day trader” there is simply no evidence whatsoever. Al Brooks states repeatedly that he is a full-time professional day trader. But can provide nothing to the audience that establishes a baseline reference to measure his trading performance. What exactly is a “full-time professional day trader?” In my opinion, it would be someone that is earning a full-time income at trading. But with Al Brooks, there is absolutely zero reference material that describes what this actually means. It is simply a statement that he makes and then he hopes that you stop asking tough questions.

During the month September 2016 as well as October 2016, TradingSchools.Org used various alias’s and attended 8 of the live trading sessions being offered by BrooksPriceAction.com. Not once did we witness a live trade. Furthermore, we never witnessed a live or a simulated trading DOM on display inside of the live day trading room. All that is offered are verbal suggestions, pretzel logic, and ambiguous side-speak.

Attempting to verify performance

TradingSchools.Org, using various alias’s, made multiple attempts during live trading sessions, after live trading sessions, and through email in an attempt build a track record of Al Brooks trading results. Unfortunately, this is not possible. Al Brooks refused, at all levels to disclose whether he was trading, or had ever taken any live trades.

Finally, in one last desperate attempt, TradingSchools.Org reached out to Al Brooks directly and notified him that a review was pending. We asked for some sort of performance summary. He refused. His response was that by disclosing his individual trading performance, that he would be committing a criminal act or would be in violation of securities laws.

Is showing a record of trades a criminal act? TradingSchools.Org, in the past two years, has written extensively about trading educators. Not once have we ever witnessed a trading educator getting into trouble for being honest with consumers. In fact, we have been closely involved in both the criminal and civil prosecution of over a dozen fraudulently promoted trading educators and trading systems. In speaking with CFTC and SEC investigators directly, they simply laugh whenever they hear this well-worn piece of urban fiction.

There is nothing illegal with showing a trading record. However, it is fraudulent to show a trading record that has been falsified for marketing purposes. Perhaps this is the reason why Al Brooks does not publish a trading record?

Of course, trading educators like Al Brooks will attempt to obfuscate and confuse this point. They will say things like, “I talked to an attorney and they said it’s against the law”. This is pure nonsense. Securities regulators love disclosure. The more the better.

Perhaps Al Brooks should contact world champion trader Kevin Davey about his published track record. Kevin has been selling trading system since before Jesus walked the earth, and has never had a problem with a securities regulator.

Anyone that tells you that they cannot show you a track record of trading performance “because it’s illegal” is trying to fit you with a custom butt plug, while telling you that it is a lolly pop. Huge red flag (or butt plug).

Does a lack of a track record automatically disqualify?

Does Al Brooks lack of a track record mean that he is a scam artist? Or a con man? In my opinion, it does not. It just means that he probably isn’t a very good trader, and doesn’t want anyone to know about it. The massive amount of promotions, videos, books, seminars and courses simply paint a picture of what Al Brooks truly is…he is a just another trading promoter. A retired eye doctor that couldn’t make it as a retail trader and decided to sell some stuff to supplement his income.

Al keeps his promotional efforts clean and tidy. He doesn’t produce a track record or make wild claims of success because he knows that it will get him into real trouble. His ‘game’ is to leverage social media, various media channels, books, etc that create the impression that he is some sort of “trading wizard”. But the reality is he is just an average guy out selling the dream to the unwashed masses.

Al Brooks is certainly not going to qualify as one of TradingSchools worst educators. Not even close.

The real problem with Al Brooks

Trading educators all seem to occupy a particular niche. Some educators claim that magical order flow indicators can divine the future, others claim that rocket science mathematics infused into a moving average will surely bring big trading profits, others claim that 700-year-old Japanese stick characters portend the future. With Al Brooks, his niche is “Reading Price Action”. What exactly does that mean? Quite simply, from Al Brooks perspective, he claims that he can look at just about any 5-minute bar, and from these tiny bits of information, he can consistently predict the future.

What does an Al Brooks prediction look like? Well, lets start with the trading room, and what we heard…

“Indecision bars, indecision bars, with a possible micro bubble climax definitely looking to buy support. But sellers may overwhelm swing, so looking to sell at resistence trigger”

“Double bottom probably buyers on doji candle looking for long entry and short entry on resistence failure short entry for quick profit, be aggressive and careful with either position”

“Final flag, final flag, definitely final flag probably entering trading range with close support at possible entry point for aggresive buyers and definite exit point on multi-point sell  position”

“Failure reversal bull flag with sellers climax possible sell, but looking to buy on minor pullback of micro bubble. Indecision bars signalling continuation of reversal points.”

On and on, throughout the trading day, Al Brooks talks his way through the trading session. Making these weird, highly indigestible, utterly confusing references to things that apparently only he can see. Not once does he ever say, “I am going long at price X, stop at price Y, target at Z.” Nothing he say’s is ever direct, concise, or definable. The entire trading room is meant to be a lesson in confusing terminology, innuendo, and twisted statements. Everything is meant to lead the consumer back to the reference material, in other words, if you buy the book specifically on Trends, then you will understand what I am saying. And after you buy the book on Reversals, then you understand this. And after buy the book on Ranges, then you can understand the ranges terminology.

And if the books are not enough, then you need to purchase the 36-hour course that ties it all together. And you need to keep paying $99 per month and watch the live trading room, and eventually it will sink in. On and on it goes, until finally the disgruntled and dismayed start writing to TradingSchools.Org and complaining and are pissed off about wasting time and money.

No scientific evidence

Thankfully, multiple readers sent me copies of Al Brooks trading books. Although the books are stuffed full of perfect chart examples, there is absolutely no backtested evidence that any of his chart patterns are valid. Everything he writes is subjective and pure opinion. Today’s modern trading platforms make it simple to backtest ideas, and specific set-ups, but Al Brooks does none of this. We are supposed to “see the patterns” and “feel the patterns”. And if we follow Al Brooks long enough, we also will begin to “see and feel these patterns”. But you have to keep paying, and buying and watching in and endless loop of hope.

The problem with Al Brooks always circles back to square one. Does this guy even trade? Does he even have a trading account? Has he ever had any success whatsoever? All he has to do is release information on his own personal trading performance, and this would be the final verdict. But Al Brooks will not do this. Nobody is allowed to peak behind the curtain of the Wizard of Oz for a reason.

My own opinion

On a typical trading day, Al Brooks will make an average of about 25 trading suggestions. They are suggestions, and nothing more. There are no exact entry points, or stops, or profit targets. Everything is left to the imagination of the viewer. And the imagination of the viewer is where the con is played out.

Al BrooksAl Brooks is a palm reader. With his nerdy demeanor, he holds your palm and starts pointing to lines that supposedly tell the future. He suggests that a straight line here, with a squiggly line over here, and a strange line there means that something amazing could happen to you at any moment. Never does he take out his own palm and tell you what is happening with him, its always about playing into the imagination of his audience. He is an eye doctor, and he can see things really well, and his daughter is going to an Ivy League college which means that he is successful and can afford such a thing. And that since Futures Magazine publishes his articles that they have witnessed his grandeur and endorse his predictive abilities. And since he is a “speaker” at Traders Expo, that he is authentic, and the multiples of books and video courses are yet more proof of his amazing abilities.

But the sad and simple truth is that Al Brooks has no trading record. He is just a simple little man projecting something that he is not. He is not a successful trader. Just another vendor, selling the dream. Of course, I would love to be wrong. And it would be so incredibly easy to prove me wrong, by releasing a performance record, but Al Brooks knows that he can never do this.

Thanks for reading. Sorry for yet another negative review. There are plenty of Al Brooks fans out there, and they are going to be pissed off that I am calling him a charlatan. But it’s just how I see it. Don’t forget to leave a comment below.

 

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509 Comments on "Al Brooks Trading"

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Jerry
Guest

Al Brooks is the real deal. Most of the feedback here are from traders that trade for a hobby, meaning they probably also visit the Casinos with the same expectations and personal fulfillment.

Only newbies look for someone that can predict what the market is going to do and need entry and exit prices.. give me a break.. keep looking for the holy grail folks.. meanwhile the real traders are making money

dtchum
Guest

Of course, Jerry, longtime readers of these comments believe 100% of everything you are saying. After all – no one lies on the Internet right?

Post some proof for your comment “Al Brooks is the real deal” because NOTHING in the rest of your sad post backs up your boast.

Pete
Guest

God bless us fellow Americans. God bless us for electing Trump. Donald Trump is not afraid of Al Brooks Fake Charts Day Trading Meme Fraud impostor, fake, sham, charlatan, quack, mountebank

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dtchum
Guest

I hope you are joking Pete, because I feel sorry for you if you actually believe Trump cares about this clown. If anything, Trump wants less gov’t regulation, which will allow the scammers to go unchecked.

Pete
Guest

moneyshowdotcom/events/conferences/tradersexpo/tradersexpo-las-vegas/ Brooks is going to strike again at 2017’s TradersEXPO along with the usual suspects. Is an update of the Brooks review possible? I have a recording from a webinar where he clearly states he consistently makes money from daytrading.

dtchum
Guest

Seriously, Pete? Why waste Emmett’s time? The only 3 reasons for an update are 1. Al admits to not trading live or 2. Al provides proof of profitable trading to Mr. Moore or 3. Authorities charge him. If any of these events occur, Emmett will be all over it. But we all know 1 and 2 will never happen, and 3 is unlikely so there is no need for any update. Cheers, mate!

Mike M
Guest

Pete, Brooks will go down with his last breath claiming to be a profitable day trader. Unless, the authorities make an example out of him which i believe to be a long shot because there are numerous frauds and teenagers looking to be the next Sykes. As a result, the list of grifters keeps growing along with the use of social media. He will most likely disappear to a nursing home before there is any legal action taken against him.

JimShoesa
Guest
Obviously you did not do your research. Brooks clearly states he DOES NOT CALL LIVE TRADES in his room. It is purely a discussion of his work applied to a live chart. His written work, while difficult to read, is like no other available, pure price action trading with it’s beginnings in Edwards and Magee. And it is very clear that you did not read one page of his work, if you can even possibly read with that moronic hat you wear, my opionion. I have a whole Meetup group of traders many of whom now trade full time that… Read more »
Rob B
Guest
“This review is really a shame, because in 10 years of hunting Brooks is the one and only real deal” The real deal that can show no proof what so ever he can trade profitable. Man you have a low bar to declare someone the Real Deal. Maybe that meetup group of Brook’s traders can show Emmett proof of how they are successfully scalping ES as Al Brooks teaches. Of course no other shill has ever been able to do it, but I am sure you will be the first to show proof of Al Brooks Profitability. Now is the… Read more »
Stray Dog
Guest

I done got me a whole meetup group of deluded individuals who hunt for Big Foot and UFOs. They’re out there I tells ya, plenty’a folks in my group have seen’em. Proof! Hell ya we got proof. I just done just told ya didn’t I?

Cyn
Guest

You liar. What you saw was no UFO. That is the spaceship that I built that can get to Mars in 10 minutes, because that is how long it takes to bend space-time over into a wormhole.

I told NASA all about it and offered it to them, but they had the unmitigated gall to demand proof that my spaceship could really do that.

Proof? Nonsense. I just told you, did not I?

Pete
Guest

Brooks is listed on Linkedin as President
of Brooks Price Action, LLC from 1987-present, which is interesting because brookspriceaction.com’s webmaster says he is not associated with Al but has contracted with him indefinitely to perform webinars, perhaps this flim-flam by his webmaster is a tactic to help Al avoid legal liability for his sham?
If he has been trading under an LLC this should be registered and verifiable along with public disclosure of the estimated net worth of the LLC. Can anyone get the details on Brookspriceaction LLC / Al Brooks LLCs?

Rob B
Guest

As someone that owns an LLC, I just want to point out LLCs do not technically have presidents, they have members and managers. Though I guess the manager could call himself President even though I have not personally known one to do it.

Scamsniffer
Guest
Scamsniffer
Can’t wait for the Online Scamming Academy review. I paid $300 for a fake 3 days training that was nothing but a salespitch on steroid. To my total amazement a bunch inexperienced suckers signed up for at least their cheapest training which was $14K or so in Canada. Those where the types of folks that would run through 5 different pharmacies to find the cheapest toothpaste. They got hypnotized pretty good 😉 The dude we got from the US (this was in Vancouver Canada) did a cool presentation. However, the red flags were so obvious for me from the get… Read more »
Rob B
Guest

$14K and I was only going to charge $10K for my Trading Room Scam. Time to up my price.

Stray Dog
Guest

I’m going to go the other way. I’m going to have a cheap annual renewal subscriptions that’s not worth cancelling because maybe my service gives you some value but I’m going to go for volume in the subscribers part of the equation.

dtchurn
Guest
Amazingly these scam vendors know all about these marketing strategies. Either go for the clueless newbs with a lot of cash who’ve never traded with a $10k GTR type schitck, or “volume” it out for hundreds of newbs like WT and Simpler Options/John Carter, and bs for 1.5 hours every morning in a shamshow trading room. One of these cons should be daring like Emmett and do a “how to set up a retail trading education sham site”. Alex Sobiel/Zielaff inadvertendly showed his scammy “web design school” plans to charge newbs once he got them cluelessly into his kool-aid ,… Read more »
Amarant
Guest

Just watched the latest futures.io webinar from Dr. Brooks. The annoyed tone when he asks “Can we start now?” after saying he was a CTA registered with the NFA and profitable trader < 5 years after starting trading and wanted to trade other people's money tells you whiners everything you need to know. His goal is to make money by promoting himself and his borrowed ideas, if you don't like it there's nothing you can do about it.

Harish C
Guest
Hello, I just read this review and I am appalled by it. Before I go further, I just want to be clear that I am not affiliated with Al brooks or any organization. I really don’t care about Al Brooks or anyone. I just felt very compelled that I have to write this so that many aspiring traders get to hear my experience about Brooks. I followed Brook’s work (the 4 books), spent 4 years trading part-time before quitting my day job. I slowly moved from a losing trader to break-even trader covering commissions and then become consistently profitable. I… Read more »
David
Guest

As I understand he predicts nothing during market hours, all this market whispering occurs as you well stated at the end of the day after the fact.

Goagal
Guest

TLDNR, no objective proof of anything.

Cyn
Guest

“If you are not convinced this guy is genuine, just review one of his end of day bar by bar price action commentaries in his forum, particularly on a Trading Range day. It is amazing how much he can read and predict price much like a market whisperer.”

We are all gazillionaire hindsight traders. He makes none of that definitive analysis until the action has long since happened. Explaining the chart after the event means diddly-squat. A real whisperer would be doing it real time, not at the end of the day, after it has all unfolded.

Harish C
Guest

You misunderstood. It is posted end of day based on his bar by bar comments during his chat room. I’ve never sat in his chat room, but I religiously compare my bar by bar analysis with his after my trading session.

Over the course of time, I could closely match my readings with his. There is no magic here. Pure skill you develop by experience.

toto
Guest

Als website has been down a few days now..wonder if SEC is taking action

Stray Dog
Guest

Both sites are up and running in my part of the world.

James
Guest
I checked out the webinar and see that Al dodged the questions put to him by Big Mike. He rambled on about this and that but never answered the questions. Very slippery guy. Mike believes that you don’t need to be a successful trader to be a good teacher, ok fine. But he is missing the point and so is everyone else over there. Putting those questions to him wasn’t as much about his P&L as it was a question of his personal integrity and honesty. Is he lying about his trading performance in order to sell more of his… Read more »
Pete
Guest

Brooks cultists will not decrease their worship of Brooks until the CFTC investigation and litigation is concluded. Brooks devotees suffer from a severe form of unconscious and fetishized worship of Brooks, he is seen as a “good man” and a “master trader”.

Rob B
Guest
I have come to realize Big Mike is the biggest con artist of them all. No wonder his site is out of Panama and he had to flee to Ecuador. If he stayed he would probably be sued to death. His latest banning of IzhakHaim showed his true colors. This is what IzhakHaim wrote: “Does not look like anything will change re Brook’s credential and vetting presenters here. (Wonder, does a presenter pay for the exposure in anyway? or just use the site to gain new subscribers to his site? or both?)” And for daring to ask for there to… Read more »
Stray Dog
Guest

I have it on good authority that Big Mike has the following tattooed on his ass “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” – Upton Sinclair

James
Guest
FIO is a “safe space”. No one should ever have to feel uncomfortable about anything, including facing up to lies they may have told the community. It was also this way with the sham journal rockstars like MFBreakout, VanceVirgil, etc. People who questioned them were shut down by Mike. I’m still trying to figure out how asking a question about a vendors credibility is “polluting the community” yet running a sham journal with phony never-lose trades every day is not polluting it. Apparently making grandiose performance claims and then refusing to answer questions about said claims is not pollution either.… Read more »
Stray Dog
Guest

Big Mike should be tweeting messages that say “Be careful in here.” Don’t ask questions about a vendor’s performance that BM gets a kick back from.

Rob B
Guest
” I just don’t get it at all.” Actually, it looks to like you get it completely. That site is so bad with the shills and the mindless Kool-Aide drinkers it puts the Jones cult to shame. The shills are so over the top, I swear you cannot even make this stuff up. Here are the exact words from the post of one of the worst shill over there that defends BM. “But by our presence here, our faith is placed in @Big Mike. “ Faith in Big Mike! Is that poster suffering from low IQ or what?? Truly Unbelievable!… Read more »
Lucas
Guest
The electric Kool-Aid acid test. Speaking of eliminate the competition (tip, Poison laced Flavor-Aid also kills people who follow in herds, both found in Jonestown) “Steve, My name is Emmett Moore with Trading Schools.Online Trading Academy is the best place to get a professional trading education. As our educational partner, Online Trading Academy will provide professional education to traders who want to succeed in any market, and any asset class.Independent traders needed training to be successful in their investments, and soon a teaching model was born.With 34 centres across the globe and growing, Online Trading Academy is the world’s most… Read more »
Rob B
Guest
Lewis, based on your past ridiculous comment, I quickly looked at this. First as I have repeatedly stated you should trust no one in this industry, which inclused Emmett or even me. 90% of the people that post are vendors or have their own agenda and that number goes to 99% at BMT. Looking at your comments, what I thought was odd, is this is not a cashe of online trading academy, but a chase of “mjv60nm.effers.com”, which is some binary trading site. And when I tried to bring up the actual site, it does not even come up. So… Read more »
Stray Dog
Guest
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Lucas
Guest
Rob.B , I don’t know, maybe he has done just as you suggest, clearing the road for himself. As you say in your Youtube video, Emmett will “Stay Schemin” I think. Now my point was about cultists and Kool-Aid accusations. For those younger ones, listen to 900 people die in the real Jonestown and maybe understand that messing about with monsters and giving them power is a bad idea. https://www.youtube.com/watch?v=CMrFCwYAZxE Younger Americans especially, please be very sure you can bet your life on who Emmett Moore is (he has many plans within plans if he malignant personality – I understand… Read more »
Rob B
Guest

Lewis,

When Emmett writes this “Glowing” review of Online Trading Academy and if the review rings untrue to me, I will be the first to question it.

Stray Dog
Guest

I can’t open the 2nd link so I can’t comment but I can’t find Emmett’s name mentioned in the 3rd link. You wrote “Is Emmett covering his tracks reviewing such an apparently large school so late? Clearly OTA are concerning and oddly enough considering their apparent size, Emmett has avoided them so far for a reason.” Is your logic that Emmett is guilty because he hasn’t reviewed this organization yet? If that’s your logic then it’s a wacky world you live in. And as an aside; what’s up with your American fetish?

Rob B
Guest
Lucas, Do you do any due diligence before you post. As I already showed the words you posted was not what Emmett said. Once again from the site I showed and Stray Dog showed Emmett said: “Steve, My name is Emmett Moore with TradingSchools.Org and I am writing a review of Online Trading Academy. Thus far, the program they are offering looks suspicious. Can you reach out to me for an interview?” That cached site you showed wording was just so odd to me that I wasted more time looking into it. Why would Emmett write, “As our educational partner,… Read more »
Rob B
Guest
Lucas, Do you do any due diligence before you post. As I already showed the words you posted was not what Emmett said. Once again from the site I showed and Stray Dog showed Emmett said: “Steve, My name is Emmett Moore with TradingSchools.Org and I am writing a review of Online Trading Academy. Thus far, the program they are offering looks suspicious. Can you reach out to me for an interview?” That cached site you showed wording was just so odd to me that I wasted more time looking into it. Why would Emmett write, “As our educational partner,… Read more »
Lucas
Guest
Rob.B It is very like that however the chances of that sentence merge being purely random?. I do not think so. I saw all this before I posted (yes I do some due diligence) and that it is also in several other Google caches, some dynamic content system I think. OTA are based in California, Emmett lives in California, there may be something in that. He had not reviewed “The Day Trading Academy” either, though Marcello Arambile (sp?) the owner roundly mocked him about the non-review in comments on here TS. Look for Marcello. There is a story behind that… Read more »
Stray Dog
Guest

Pass out the tin foil hats everybody.

Tin Foil Hat.jpeg
Stray Dog
Guest
“I will add do you believe all the TR Emmett has reviewed actually tried to show him proof of their claims and he just refused to look at them and posted negative review.” Lucas must also believe that if Emmett refused to look at their proof of profitable trading and wrote a negative review anyway that all of these vendors that have been reviewed have been incapable of finding some way to show that proof on another forum? After reading his latest post I think that Lucas must also believe that if person A, lets call him Al Brooks, has… Read more »
Lucas
Guest

Stray Dog, I replied to Rob B earlier however my post is “awaiting moderation”. That has never happened before. Maybe just embedded links not censorship I hope. It is nothing to do with Brooks, just parallel to sentiments in this thread. As a non-Brooks thing it won’t be of interest to you or Pete (I hope). Writing this to see if it goes through mostly.

Rob B
Guest
Your Person A and B is right on the money and one of the reasons this is one of the few TR blogs I even read anymore. Emmett was and maybe still one of the greatest criminal mind of our time, but everything he writes about these TR is what I have experienced when I use to go to them. They all refused to show any proof of their claims and Al Brooks is as bad as any of them. But he is worshiped at the alter by many, so they can not accept it. I will add to booster… Read more »
rtchoke
Guest
Ok, I figure it’s time for me to get some of those thumbs down, but here goes: 1. If you think you can learn to trade in 6 easy lessons, you’re fooling yourself; 2. If you think someone is going to give you a free pass, no work required, for only a small sum each month, you’re fooling yourself; 3. If you come to this site, and listen to Emmett, Rob B and Stray Dog insist that any TR or trading “guru” give you written brokerage statements as proof of their “live”, “actual” trading acumen; If you think none of… Read more »
Pete
Guest
Biggest danger of Brooks is how he embellishes risk management/commissions from his style of trading and offers little personal details about his own trading when he’s not boasting vaguely about it to make a sale. If Brooks trades 3 ES contracts with a 5 point stop he is risking $750 per trade. He could blow a large retail acccount in a week day trading like this, yet I’ve read on his blog he says he never has blown an account. It’s close to a mathematical impossibility that he could never blow an account if he has been an active day… Read more »
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