Al Brooks Trading

Al Brooks Trading
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  • Quality
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  • Verified Trades
  • User Experience

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.

1.7
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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Stray Dog
Guest
Be careful. Do not make any sudden moves and speak in a low voice, at the same volume level of a golf tournament commentator. We are here to get a glimpse of the rare Peteith Detestith Brookith. Here in its natural habitat, the soupy mire of the trade room blog it will be at its most active, all we have to do is lure it out into the open. Observe the carefully placed Al Brooks posts, this is its favorite food although it will consume other blog posts, ingeniously converting them into Al Brooks posts. The mechanism for the transformation… Read more »
dtchurn
Guest

tradingschools.org/reviews/mook-trader/#comment-10708

dtchurn
Guest

LOL. pretty much well said already. StrayDog good for you on calling for questions on bmt/fio. and well said ‘Joe’.
https://www.tradingschools.org/reviews/mook-trader/#comment-10831

Lucas
Guest

Stray Dog is a good name for you! You did not even look at Brook’s course you say? Humping Emmett’s leg pooch? What kind of moron would Al Brooks be to give broker receipts and tax statements to a conflicted federal criminal like your master. Fool.

dtchurn
Guest

His own cessmess he created.
tradingschools.org/reviews/mook-trader/#comment-10708

dtchurn
Guest

tradingschools.org/reviews/mook-trader/#comment-10835

Pete
Guest
If my losses as a day trader were in part influenced by the possible impression that I was following a methodology employed by someone presenting themselves as a professional day trader who trades for a living while they are potentially not a professional day trader who trades for a living (this wil not be known until any possible CFTC investigation is concluded) then there is the possibility that potentially misleading and misrepresented information partially influenced my poor decision making, thus it is unclear whether indirect responsibility rests entirely on me. I have a large amount of documented losses from my… Read more »
dtchurn
Guest

You’re going to wait a long time as there is little chance of a CFTC investigation. You may be better off just trying to sue Brooks and make a case for personal damages.

Pete
Guest
Al has a new picture up on his site to coincide with the 100% increase in cost of the course. This looks like a cynical tactic on RichardHK’s part to deflect from the grinch image of Al from this review and to masculinize Al, perhaps modified with Photoshop? Real or not it works subliminally to justify the higher cost of the course, similar to the beard’s function for fellow disreputable Ross Cameron. Brooks is now close to Ross’ Warrior Trading course in terms of cost of material and making upstanding citizen Adam H. Grimes with his superior and free price… Read more »
Pete
Guest

Emmett left off the smoking gun on Brooks, which is the scamming done by his trading course business partner Richard Entwistle (RIchardHK on futures.io) http://www.meetup.com/Hong-Kong-day-traders-Meetup/events/232660913/ https://www.linkedin.com/in/richard-entwistle-368519a He told customers of Brooks’ teachings in Hong Kong that he trades for a living like Al, then he has a business job on linkedin listed as employment,not trader. He has futures trading on his interest list with movies, chess, and astronomy. What a bunch of lying douche bags RichardHK and Al are.

James
Guest
In one of the podcasts mentioned here Al talks about RichardHK’s attempts to sell him on DOM and order flow trading. He doesn’t mention him by name but as the guy who works on his website, so it’s obviously him. Here is what Al says: “I don’t need to look at depth of market or order flows …. I know where the orders are …. I know where the iceberg orders are …. I can look at a chart and I know” Pretty amazing, he must be clairvoyant! He knows where all the orders are. Here is another questionable quote:… Read more »
Pete
Guest

It’s interesting how RichardHK is laying low following this review. I would think as an educated man he would want to explain his misleading statements about his “trading for a living” career switch, or lackthereof.

Pete
Guest

I fear Brooks’ agenda may be far more sinister and cynical than a senior citizen’s absent-mindedness or an autistic obsession. Brooks appears to be a mentally sharp, cynical and very crafty spinner of a dangerous web of deception. Al has spun the web with such skill, we the consumers are ensnared and paralyzed..

dtchurn
Guest

Brooks has said this same pap for years. It’s up to the newbs now to read this review and the thread on BMT. Brooks is part of bmt’s image because he hides his stink well enough for bmt’s standards. Nothing really for the CFTC to go on. The lone cftc complaint from ptb will be tossed if it ever actually arrives.

Pete
Guest

This most recent podcast has some of his most boldest claims of consistent profitability and chart-reading mastery that I’ve heard throughout the years from him. I’d expect the course to be lowered in price or free if his edge is as sharp as he suggests in this interview. Why not have a free course like MIT’s open course on trading if you are near the pinnacle in trading mastery in such a liquid market as the ES?

dtchurn
Guest

It’s the same claims of success he’s said over the years even before the video course. When he said it took him ten years to be profitable in the room , it meant before the first book was written. There’s no difference. He would often say he could be profitable, but no proof.

Pete
Guest

No, the implied numerical claims of profitability are higher in this 2016 52traders podcast than what I heard years ago in the webinar or read in the books and read in online articles. When I was in the webinar he did say he was profitable, but the implied numerical figures were much lower than the implieed numerical figures in the 2016 52traders podcast. Just because the precise numerical figure is left to the audience to extrapolate does not imply a CFTC investigation and case against Brooks is impossible.

dtchurn
Guest

It’s the same. he said he was profitable to that degree back then too. It’s just an ad 52podcast webinar with generalizations. The cftc will never buy it. This is the first time you mentioned years ago despite all the hundreds of post so I doubt it’s been really years for you.

Pete
Guest

This isn’t about me dumb ass, this i about Al Brooks, don’t worry when I purchased x Brooks scam product.

dtchurn
Guest
if you or others want to do a cftc case on Brooks fine. It’s a hard case since there is no numerical claims of profit. I won’t be joining the crusade as Brooks was just a book author to me and costed me little except for time. If anything the squinting at his charts helped me with some screen time. I see Stray is asking the tough questions on bmt and it looks like Brooks will be questioned by BMT hopefully. I am curious to see if he will ever offer proof. If BM bans Brook and there are no… Read more »
dtchurn
Guest

what wuss this petedetithbrooks. can’t even face the ‘dog.

Farah
Guest

OMG where is Pete, this is what you have been asking for !, I hope you can now move on.

Stray Dog
Guest

Pete must be in wet dream heaven right now.

Joe
Guest

Post after post from Pete about Al on EVERY other review. As soon as the review of all reviews comes out, nothing. I have to ask….Where the hell is Pete?!

Cyn
Guest

He is too busy looking for towels to wipe up from the wet dream that this review induced in him.

Rob B
Guest

Man, you are right. I had forgotten about Pete for a bit there. I hope he did not die from a heart attack from the excitement. Hopefully, he can not let go and be a happy loving person again.

dtchurn
Guest

Dorothy’s yapping friend has found the end of the yellow brick road.

dtchurn
Guest

All this time he didn’t even file a cftc complaint. Nor does it sound like he was even in the trading room. He was one of those who quickly got into a loan debt just from the video course and now wants to just blame Brooks as the worst when Brooks did not even call trades nor make numerical claims of profit. https://www.tradingschools.org/reviews/mook-trader/#comment-10835

Pete
Guest
Lovely bitchiness, sorry dtturd you’re never going to make the cut to Emmett’s or Al’s cheerleading squad, you can drop your pom poms and dress appropriately instead of in your XXXL miniskirt. With your nasty bitching and lies I almost forgot about the scammers who are misleading naive and desperate people and profiting off of lies as Brooks does. Oh wait, Brooks isn’t a liar becuase a bitchy and lying shill like dtchurn says he’s analogous to a price action university professor and researcher who cannot write well but conducts dogged research and has the herculean ability to intermittently narrate… Read more »
dtchurn
Guest
The Brooks disease delirium in full effect at the last gollum croaking out filth stages. Lol, I’m no shill, that’s your grasping at straws lying imaginary bs. I didn’t say Brooks wasn’t a scam. I was asking about the mystery of why Brooks works so long in the room and in his journal like a professional, but Emmett and Reina had no answer. I informed correctly about Brooks but you just can’t handle being ignoramously wrong and you think you look less foolish by tagging my posts? How pathetic. About this cessdrivel you made about Brooks, Cyn said it best… Read more »
dtchurn
Guest
dtchurn
Guest

Look at this whining bitch who didn’t even do his cftc complaint about brooks, rips off my posts about being in the room and tries to pass it off as his own, and is butthurt ever since my post about the facts on Brooks he continues to skulk like some gollum all the way across several review comments looking for scraps.

Pete
Guest

You’ve surpassed my golemness, bravo. I couldn’t have ripped off your posts because none of my comments have been as idiotic or as insipid as yours or as full of personal attacks against other commenters who are working to expose conmen Continue skulking the comments making personal attacks and lies, you’ve shown your true self..you eat Al Brooks’ waste products with a smile.

dtchurn
Guest

You’re full of shit. Anyone can see it. You’re the one whose been whining then gollum skulking my posts tagging across reviews for scraps with your crappy blathering nonsense. What a pathetic deluded fool you are. Have fun posting to yourself and blaming Brooks for your own cess mess. The CFTC will laugh at the single complaint from ptb, hint: not even done yet at this time after all this drivel.

Pete
Guest

You suck dtttuuurd, please realize how much you suck. I’m going over months of Al webinars I purchased to have the best evidence for my CFTC complaint and if you paid attention to the reviews instead of your narcissitic homoerotic cheerleading/comments you would know a CFTC case against Brooks only had merit AFTER the School of trade update AND after this review as published. It seems like you’re trying to convince people Brooks is a good guy and those against him are trolls, too bad you’re a troll.

dtchurn
Guest

What a bunch of blithering nonsense from the peteturd himself. Bet you just purchased them now. have fun with your lone cftc complaint which will be laughed and tossed out.

Pete
Guest

Why can’t you you realize how much of a douche bag you are? Do I need to dangle it in front of your nose all night? Why wouldn’t someone set up a trading room and politely sell phoney advice if this standard of social interaction you are setting is normal and a healthy way for people to interact online?

dtchurn
Guest

Your’e the one going by your nose slithering around looking for scraps petedetetithbrooks. ” eventually the need to consume and destroy these posts will draw it out where we can observe its behavior in its natural environment.”

dtchurn
Guest

The CFTC will laugh at the lone complaint , if there is ever one!

Pete
Guest

There are going to be dozens of complaints against Brooks, no amount of antagonism and pro-Brooks bottom feeding and waste eating from you can stop it.

dtchurn
Guest

They won’t abide by dozens of complaints filed by the same source. At best only a lone one which will be laughed at and tossed out.

Pete
Guest
https://www.youtube.com/watch?v=JRKT9uZiiDc If Emmett can add this video to the review along with the Richard Entwistle (Richard HK brookstradingcourse.com webmaster) fraud, where Brooks’ enabler claimed he trades for a living at a meetup.com for Brooks in Hong Kong where he saidhe trades for a living. on Linkedin RichardHK Entwistle clearly works for a marketing corporation and sees trading as a hobby – why is he lying for Al and money by saying he trades for a living with Al’s methods? In light of this I see no way 2 stars for honesty can stand unless Al terminates and severs all ties… Read more »
dtchurn
Guest

in the wet cessmess of his own making.
tradingschools.org/reviews/mook-trader/#comment-10835

Pete
Guest

You consume Al Brooks waste.

dtchurn
Guest

you do, its so evident

Rob B
Guest
When I hear this: “disclosing his individual trading performance, that he would be committing a criminal act or would be in violation of securities laws” Man that statement makes me ill and when I hear it I know it is time to run. There is NO NO NO NO NO (had 5 so no cancelling each other out) fraud in showing TRUE FACTS; a real track record. But they have none so they have to post a fake track record like Open Range. And that is fraud. Shocker, it this industry was ever regulated, guess what? The first thing they… Read more »
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 »
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 »
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 »
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 »
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.

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

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
Screen Shot 2016-12-15 at 7.14.45 AM.png
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
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
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 »
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

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”.

Dave
Guest
I am an Al Brooks fan, I have his four books ( never joined the room ), and they are decent technical analysis. He does borrow a lot from other traders, so I am not sure how much is original and how much he learned from others. In my opinion , Al is impossible to follow. Although individually his methods are sound, it turns into a jumble of contradictory noise when you try to actually trade his methods. As for learning his methods, I had to unlearn a lot and it cost me money in losing trades. That is just… Read more »
James
Guest
A good, honest review and a fair appraisal of Brooks IMO. If he doesn’t want to provide any proof then he should stop referring to himself as a full-time professional day trader. It is misleading. Maybe he could call himself a full-time educator instead. “in the imagination of the viewer is where the con is played out”. Indeed. Boring though he may be, he has a way of capturing the imagination of his followers. Big Mike recently tweeted that Al Brooks had the most popular webinar of 2016 on FIO. I remember there were a bunch of devout Brooks followers… Read more »
Winter Is Coming
Guest
Winter Is Coming
At last. Al Brook’s being a fraud has been exposed. Period. End of story. Anybody that now defends Al Brooks is either a shill, or still drinking the kool aid. You will come around eventually… There is zero proof that he trades people, ZERO. If you can prove otherwise, then please this is your floor to do so. But how dare you defend the very man that has manipulated himself into a trading messiah that never existed. I have his books like many people. We should video us burning them and post it to YouTube in a montage. It won’t… Read more »
Stray Dog
Guest

People weren’t saying that Pete wasn’t justified, just that he was annoying as all hell. I am beginning to wonder how many names used here to make posts are Pete.

dtchurn
Guest

lol, yup. I knew the oz reference would get something going, ha.

dtchurn
Guest

tradingschools.org/reviews/mook-trader/#comment-10708

Pete
Guest

Professor Joseph James of Schooloftrade has been rumored to have consulted with Al before switching to selling price action theory for a living from indicators. On the upside, Professor J.J. is presumably keeping Al well supplied with prescriptions for Viagra, Levita, and Cialis now, “bulls are ganing strength, final flag unlikely” can be heard being muttered in a tremoring and affected deep voice all day and night once again. Huzzah!

Pete
Guest
Brooks is a socially irreponsible guy, an internet-based plague who spreads his memes of edgeless futures trading and willful ignorance of risk management and lack of proper attention to trading expenses from day trading The fact that he is offering free Paypal financing to people suggests he is preying on underfinanced people and selling the dream to poor people and those from developing nations who should not be getting into trading.I don’t see him as any more honest than a Ross Cameron, no less of a wolf in sheep’s clothing, or more worthy of a higher rating than Warrior Trading’s… Read more »
Pete
Guest
If Al Brooks has claimed, as is documented on archives of his websites and his books, to be a professional day trader and is now refusing to answer whether he is a professional day trader or not to the reviewer, while describing himself as a professional day trader in the advertising of his services, then there is probable cause and a legal precedent for the CFTC to subpeona records of his trading accounts to verify whether he is or was a professional day trader since 2008. There is also now the possiblity of successful litigation and financial compensation for services… Read more »
Rob B
Guest

Look I agree Al is a crook. But the regulators have bigger fish to fry. There are scammer putting out fake track records and saying they are driving a Lamborghini. Al will be way down teh totem poll. He does not show a track record to go after. Much harder to go after a scammer like this. In addition he makes no clear calls or shows any results from any calls, if you can even call his nonsense TR talk as calls.

dtchurn
Guest

No matter how much petedetestithbrooks complains, they are not going to shut down Brooks. He didn’t even file his own cftc complaint where he blames his 20k loss on Brooks even after this year of annoying blathering. Brooks will probably just retire on his own. I don’t think his pencil neck health can sustain his forced low voice for much longer anymore. I like StrayDog’s suggestion that the bmt support should just wither away now. With the review out, and people waking up from the kool-aid on the bmt threads, hopefully bpa will just fade away into obscurity.

Stray Dog
Guest

I don’t dismiss the study of price action as a way of trying to read the psychology of the market but if Brooks won’t eat what he cooks you have to ask yourself how much value there is in his product.

dtchurn
Guest

Right, I agree Brook’s BPA is useless hindsight ideas and Brooks doesn’t seem to follow his own teaching in the room. There are just no cftc complaints possible since the trading room is just commentary with no calls. While brooks has advertisements its hardly as extensive an online presence as those scams on investiscamma. I had forgotten about Brooks after having ditched it years ago until our resident detester started making a fuss about it on TS.

Fara
Guest

Man this place is turning into an echo chamber, we have been beating the same dead horse for the last two weeks. At this point people who were going to change their minds already have and people who aren’t will never.

If people want to discuss vendors we should at least a discussion forum. People who come to the comment section who went to read about others first hand experience with said vendors are getting turned away when they see the same people repeating the same points or argue the same shit over and over again.

Pete
Guest

If Brooks made false and/or evasive statements about his track record, while advertising himself as a professional day trader who trades for a living, there is precedent, following the September Schooloftrade CFTC legal case, for a subpeona to verify his live trading history since 2009 and a possibility for litigation to retrieve money which was possibly garnered under potentially false pretenses. There is also the possibility of litigation to recover damages incurred by students trying to implement what were advertised as professional day trading strategies.

James
Guest
I see Rob’s point here, there are way worse offenders than Brooks. His claims are pretty nonspecific and he does have a disclaimer on his site stating that trading is very difficult and a lot of work. However there are grounds for some CFTC actions *if* he is being dishonest. It would be too much work to trawl through his endless hours of content to try and find specific claims of trades he took or his % winning days, etc. All we really have to go on are his claims of being a “full-time professional trader” and “I make a… Read more »
Pete
Guest
James
Guest

Join the discussionHe also claims to know people who make a living trading only 1 hour a day. That is in multiple videos.

He is selling the dream and selling it hard.

Pete
Guest

If you possibly lied and bragged about consistent profitability to Al Brooks in a chat room it seems like he might consider you a friend to use an example of someone who day trades for a living, how scientific of the good doctor. This is not the sign of someone who is extremely profitable at day trading, Mr. Brooks should take the high road and produce his 2008-2016 P&L statements, if they exist, prior to the imminent CFTC subpeona.

dtchurn
Guest

the petedetithbrooks and his imbecilic blathering imagination in this naturalth habitatt

Al Brooks Trading

Mook Trader

toto
Guest

Al also claimed he might end the room and start a multi-million dollar Fund trading the ES on 5min. He clearly is a slickster taking advantage of gullible new dreamers. Yes he is dangerous and should be Prosecuted. Especially since his presence is all over YouTube,Expos,Webinars

dtchurn
Guest

having fun talking to yourself gollum?

Pete
Guest

This podcast http://52traders.com/al-brooks/ has some claims of trading performance.

James
Guest
I haven’t listened to the video but among the bullet points listed by the author under the heading “Al’s trading” are: – on an average day he’ll take 10-30 trades – on a good day he’ll win 100% of trades – he’s never had a year where he won everyday, he’ll always mess up one day for some reason – he doesn’t get big drawdowns – sometimes he’ll get 2 losing trades in a row, but rarely ever 3 So not only is he claiming that he makes money almost every trading day, also that he makes money on almost… Read more »
Winter Is Coming
Guest
Winter Is Coming
@ James I agree with you! I see that somebody dared to open a conversation about Al on FIO. You watch JohnnyBoy get banned by Big Mike for even bringing this up. There are a couple of FIO members that I nickname the ‘tool members’ – the people that have to always to be contrary to the threads intent. Tymbeline gets the award for one of the biggest tools on the site. He was even calling Al “Dr. Brooks”, like that lends some additional weight to Al’s character! I am sure a few more from the tool box will make… Read more »
James
Guest

Looks like the thread has seen it’s first banning. RWBill, the most vocal critic of Al, has been banned.

Not a surprise. Al Brooks may be the most popular vendor on FIO, or perhaps second only to FT71. Stray Dog and the others better tread carefully or they’ll be next.

They should change to “stop chasing vendors” slogan to “Stop chasing vendors, except Al Brooks”. LOL!

Rob B
Guest
Man you are right. Hypocrisy – The word of the day to describe BMT. He pretends to bring honesty to this industry and vet vendors, but bans anyone that asks these vendors to show proof of their claims. No wonder he had to move to Ecuador; so he doesn’t have to answer to any ethics-lawsuits. BMT is a money making business. He has to promote Al Brooks, NT and FT71 in order to sucker in new members. And anyone daring to question that must be removed. BM could care less if Al actually trades or not. It is not about… Read more »
dtchurn
Guest
Yup, rwbill was suddenly cut off after asking for proof one too many times. Too bad, it looked like a fundamental shift in more open vendor discussion. Oh well, at least some inroads were made. It’s not just Al Brooks, it’s any vendor that has some history of perceived legitimacy and hides their stink well enough for bmt standards. rwbill or anyone else asking the same questions on the ft71 or jigsaw ama threads would probably have the same outcome. With access to fattails indicators through elite membership, even fattails had to eventually open his own indicator shop, lizardtrader, to… Read more »
Winter Is Coming
Guest
Winter Is Coming
LizardTrader has always had free indicators – the same ones that are posted on FIO. He has a handful that he charges for. He is currently converting them all over to NT8 which should be ready before the end of the year. Although the free indicators are free, he has done some serious work on those and I can’t believe he doesn’t charge for them. He is one of the nicest most generous guys I know. As for the magic? Well, Harry will code anything you can put down on paper. If you can imagine it, he will tell you… Read more »
dtchurn
Guest

Of course the free ones on LT are some of the ones that are already on bmt of which there used to be a non-elite download section. I was referring to the indicators that are sold. They are .dlls only and require id licenses and I was glad to compensate fattails something in this way for his great and generous work on his older indicators on bmt.

Pete
Guest

Oh please peckerwood, stop talking with this assumed air of authority, which your posts show you are unworthy of. General consensus for near a decade is Al Brooks is an arrogant S.O.B. who uses his legendary trading accomplishments (Nearly made 400K in ’87 if not for pesky surgery) race, kids, and bling-bling credentials to hook clients. Davies and Askar are quite humble in comparison.

Stray Dog
Guest
FIO is a weird site. A lot of people there have a bad case of Stockholm Syndrome. There’s this culture of maintaining civility in the forum posts but it’s really just a form of censorship imposed by Big Mike and his minions. From his perspective it makes sense because the odd $100 coming in from time to time for Elite membership isn’t going to maintain him, even in Ecuador and what better way to impose censorship than under the guise of maintaining a standard in the posts that are made. It’s a pity that he doesn’t impose a similar standard… Read more »
Rob B
Guest

i double dare you to post that at BMT

Stray Dog
Guest

OK – it’ll be there under the user name Pete, Rob B or Crooked Hillary, I haven’t decided yet.

Rob B
Guest

Pick Crooked Hillary, people already love him over there.

Crooked Hillary
Guest
Crooked Hillary

You are spot on with your analysis. It is unfortunate that my post was transferred over there out of context of the entire thread. In fact I think your post summarizes it the best.

It was rude of me in retrospect- especially on it’s own, but we are talking about manipulation here which I detest.

robert
Guest

well the part about mikes bride was off. But “Kumbaya bobwest” is f&&ing hilarious – Seriously EVERY thread where anyone has doubts about a vendor he is there defending them. What a clown (a nice one)

dtchurn
Guest
Hate to admit, I was under the stockholm syndrome for a season like most. Now my trading has nothing to do with any of the vendors ever featured on bmt nor any sim journals or ideas ever “shared” there. The psych categories are mostly useless also. Elitetrader has far better posts about what traders go through than just the showoff sim flavors of the season. You also have a shizoid split of members thinking the site is about sharing, but nothing useful is ever shared, opposed to a few realists there who correctly state that no working sauce would ever… Read more »
Mr Trump
Guest

The best information on that site often get’s shared “Privately”.

Now here is a question. Why would someone who does not post publicly but sends a ‘Private Message’ to another member providing info perhaps similar to your post get banned from that site with no reason given?

And look at the terms of use agreement- You agree if banned never to re-register. Pretty slick.

And he monitors the IP addresses like a hawk so if you want to catch him you get another ISP.

Pete
Guest

Al Brooks implied he was sharing an edge as sharp as the type of edge usually shared privately but shared to the public by altruistic Al in his voluminous 3-part price action bible, for the low price of $59.99 each. He implied he was sharing an edge by suggesting price action could be altered to several ticks based on widespread awareness of PA. Turns out HFTs can dump ES for 5-10 points in one <5min leg if too many retail cluster there.

Winter Is Coming
Guest
Winter Is Coming
@ Pete I hate to say this but there is no edge for us retail traders. Never has been and never will be. We don’t have the millions of dollars to spend on R&D and we cannot even come close to matching institutions execution speed. If Al Brooks suggested he was sharing an edge, and in doing so believing that a bunch of Al Brooks hard liners all entering a few contracts at the same time on the same bar will move the market – he is living in cloud cuckoo land. That is if I read what you wrote… Read more »
Rob B
Guest
I read that Al Brooks thread at BMT and the absolute nonsense arguments that some folks make why Al Brooks should not have to prove anything and I can only come up with 1 of 2 reasons: 1) These people are the biggest Kool-Aide drinking Jones following fools on the planet. In which case honestly Emmett you should just close this site, because anyone dumb enough to make the kind of arguments I am reading deserve to lose their money, 2) Most if not all are shill with ulterior motives. Some might be relatives of Al Brook or maybe they… Read more »
Stray Dog
Guest

Agree. My favorite argument so far for why we shouldn’t be jumping to the conclusion that Al Brooks is dishonest is because he hasn’t shown any proof that he trades. Therefore we don’t know that he doesn’t trade so therefore because we don’t know that he doesn’t trade we can’t say that he’s being deceptive and dishonest.

James
Guest

Yes, and that’s exactly why they don’t want to know the answer! If they don’t know then they can keep on believing!

I bet School of Trade and the others are wishing we had guys like that working for the authorities! LOL!

Imagine if bobwest, daxymcdax, teee, and co were at the CFTC! No one would get prosecuted! Maybe they’d even write a letter of apology to Joseph James explaining that the veracity of his claims was never important because it is up to the students to do the learning. LOL!

James
Guest
Delusional. Don’t want to have to face the reality that they may be on the wrong path. Some may have gambling addictions and are looking for an excuse to keep doing what they have been doing. Basically they don’t want to put down the kool-aid swill bottle. If enough bricks in the wall are removed, the wall comes tumbling down. Then they have to ask themselves some tough questions about what exactly they have been doing in the markets. Al is one of the bigger bricks in the wall. He’s one of the most popular futures daytrading educators out there.… Read more »
Crooked Hillary
Guest
Crooked Hillary

A moment of silence for our recently fallen brother.

“arafg has been temporarily banned for a period of two weeks for over the top negative attitude in his comments/posts, against the spirit of the forum.”

James
Guest

over the top negative attitudes??

Geez, I thought he was being reasonable.

Meanwhile all the pro-Al voices including aspiring vendor and owner of priceactionprofit maintains his Wizard status and posting abilities.

Crooked Hillary
Guest
Crooked Hillary

Damage control, Big Mike now can rummage through arafg’s private messages and learn who he maybe in cahoots with and follow the trail back.

This is the time where you can expect to see additional silent banning’s of people who may have not posted, but communicated privately with the poster who are not pure followers of the cult. They are threats but are not visible enough so they can be dealt with easily like this.

James
Guest

Rob, I think you may in fact be on to something with your point #2 on ulterior motives. Read on for a bombshell on TTurner.

I was just looking around and check this out, it’s Turner’s twitter account.
http://twitter.com/paripper

It lists a personal website for him at
priceactionprofit.com

Huh?

Why would he have a web presence with such a name?

Does TTurner have plans to become a vendor?

Looks like TT is not deluded as I thought. How naïve of me! Looks like it’s an ulterior motive at work.

Now we know why he’s so defensive about this topic of asking for proof!

Crooked Hillary
Guest
Crooked Hillary
Wait a minute here. Are you all trying to say that the system is rigged? If I am understanding what is going on is that the Wizards on BMT are actively engaged in propaganda, to hide the truth and ultimately profit privately later. Sounds like todays politicians ready to be tomorrows lobbyists. Pay for play for special vendors who have no standards. Unethical business practices that snoop on individual’s personal information leading to at minimum banning members, many who have paid donation fees. Solicitation for donation funds to assist with a legal fund which was self inflected by the owner… Read more »
Winter Is Coming
Guest
Winter Is Coming

https://web.archive.org/web/20150110235928/http://priceactionprofit.com/#content

It looks like tturner86 removed everything from his website. Even the web archive didn’t save anything.

So tturner86 is or was on the make and Big Mike reads private messages, with evidence to suggest he actually does.

What a swamp of bullshit.

Rob B
Guest
I have come to realize Big Mike Trading is nothing but a complete fallacy. I original felt sorry about CH mail order bride comment. But after all the money and time would be traders have wasted believing in BM’s nonsense, I think he deserves it all. I am sure he fled to Ecuador to avoid lawsuits. The funny thing is if BM was not in on the con, then it would have been a 1000 times easier to just say I am going to demand Al Brook’s show proof of this trading as opposed to going around banning everyone that… Read more »
Rob B
Guest
The whole group of BMT heroes is a sham. Even Bobwest I find hard to believe. He says he is just so sadden by how mean the comments are. Give me break. So he is basically saying all the people that were scammed by Al Brooks and are upset are too mean, but yet the following is all perfectly fine with him: 1) A con artist that brags about amazing winning yet shows no evidence to back it up what so ever 2) A con artist who has wasted so many people’s money and time 3) BM who allows this… Read more »
Crooked Hillary
Guest
Crooked Hillary
Perhaps we are about to witness the Streisand effect where the attempt to hide the truth only draws more interest. Who know’s what goes on in the mind of the great one . We are already starting to see the shills show up here like Lukas who attempt to throw the index of the topic away from the meat of what may be important for the members lurking to have access to the truth. But at least he has a voice. If it is non important for them- then let them decide, but selling propaganda, deciding for people what is… Read more »
2016-11-26_0719ronpaul2.png
Rob B
Guest
Interesting, Anyone see Post 267 at BM. It showed arafg post that was deleted by BM. Looking at this post it is obvious why arafg post 265 ½ was banned. This is obviously rude and over the top. Right on BM for banning it. How dare this person complement Ron Paul and say BM should get proof of Al Brook’s claims before he is allowed to put on a webinar. Obviously that is against the spirit of the forum. I am sure the banning lasting 1 day after Al’s webinar so that the OP cannot attend is just pure coincidence.… Read more »
dtchurn
Guest
I think it’s just the current generation of kool-aid drinkers on bmt/fio. Every couple years, they churn out just as there is a new set of flavored members. A big problem is that many of the other select members on fio such as Jigsaw and FT71 are not asked to show proof either along with all the flavored members showoff sim journals never showing proof. If you try to discuss sim tricks or how NT can be fudged to show fake results, it’s generally discouraged. bmt has never been a stickler for proof and it’s a shame of the retail… Read more »
Mr Trump
Guest
It all goes back to your Stockholm syndrome observation. They are in denial and living in their own bubble. It’s not Al Brooks it could be anything- At the core they are protecting the cult leader. To the sane it is obvious what Al is and even more apparent what Big Mike is doing to control His environment. If you are a truly open transparent community to help one another would you really need to snoop into your members private e-mail? I cannot believe more people are not outraged at this- but I guess privacy is not a big deal… Read more »
Mr Trump
Guest

Is Big Mike Reading your private messages?

Users who do not post anything blatantly obvious get banned.
Some were banned because
‘someone complained’ and forwarded to BM. Yea right. Even if it was the same person. but if it was the same person they broke BM rules. Rules of a schmuck.

Here is some interesting data for those who are tech-minded.

Drain the swamp.

2016-11-24_1944hack.png
2016-11-24_1945hack2.png
2016-11-24_1946hack3.png
Crooked Hillary
Guest
Crooked Hillary

“His attitude is not in alignment with what this forum stands for”

In other words he is not following in the footsteps of the cult brotherhood- LOL.

How dare he jump out of the kool-aid line.

Even Mr Kumbya bobwest could not get him to settle in for the nightly pudding and had to pull the grand master Big Mike away from his mail order bride from stroking their mutts on the beach. LOL.

Winter Is Coming
Guest
Winter Is Coming
My God, I hope this bomb you know about is big enough to make Big Mike actually look like a fool as opposed to only the select few knowing he is one. I bet you a million bucks tturner86 sent him a PM. “Sorry, to disturb you oh mighty one, but some people are not towing the Al Brooks line. This will not do!” There were a couple of other users on there too that I thought would have got the chop by now but they haven’t. I think the original question was only to know if Al Brooks trades… Read more »
Mr Trump
Guest

Do you ever notice that some people get banned without posting anything bad publicly? But they may have contributed actively in a controversial thread ?

Wonder how that might happen….
🙂 Clairvoyance?

Rob B
Guest

Crooked,

You are apparently now famous on BMT

Stray Dog
Guest

Well done Crooked.

Rob B
Guest
Big Mike has shown himself to be the complete fraud he is, as he continues to only ban members that are questioning Al Brooks claims. Even though there are so called, “Rude” post on both sides, only the members that question Al Brooks are banned. What a joke!! Big Mike un-delete the post that was so bad and let people decide for themselves. I mean it must be a coincidence that only the members demanding Al Brooks show proof are banned. It is not like there might be an ulterior motive such as BM getting money selling memberships to suckers… Read more »
James
Guest
I saw that too. I chuckled when Big Mike’s lapdog TTurner started reciting Mike’s “stop chasing vendors” line. Maybe the reason some forum members are “chasing vendors” is because FIO is always promoting vendors, and bringing them in for webinars. The questions JohnnyBoy brings up are fair questions. I am sure that most if not all members who purchased Brooks courses did so under the belief that he really traded for a living. The fact that he falls back on the same phony excuses as other vendors (disclosing performance is a criminal act – LOL!) makes it seem that he… Read more »
Traderme
Guest

Is this the same JohnnyBoy that yesterday posted? Well he was not banned at all. Why do you bring up these blatant lies? What’s your agenda?

Winter Is Coming
Guest
Winter Is Coming

I said “You watch JohnnyBoy get banned by Big Mike for even bringing this up”

So defining the word “watch” as “to look attentively, as to see what is done or happens; observe.”

No he wasn’t banned. I never said he was, but I said to look out for it because we all know how Big Mike works.

The backlash against Al is only just starting. That is my agenda.

Traderme
Guest

Sorry he will never get banned for bringing up critical questions about Vendors at Big Mike. Not even when its about Al Brooks. Big Mike is always opposing vendor scam and is only offering Webinars of people that are trustable. Big Mike himself started learning with Al Brooks methods and they made him profitable as he proved several times.

Winter Is Coming
Guest
Winter Is Coming

Fair enough. I guess you are right. Now to see if Big Mike has the credibility to stop all Al related activity until this situation is resolved. One way or another!

dtchurn
Guest

useless ad spam info webinar. right edge of the chart in the trading room, one can see what’s really going on. except petedetethbrooks just gobbles up and regurgitates others’ posts on their experiences in the trading room trying to pass off that blather as his own.

Pete
Guest

where did I “gobbles up and regurgitates others’ posts on their experiences in the trading room trying to pass off that blather as his own.”? You’re so full of shit it’s oozing out all of your orifices.

dtchurn
Guest

wow, the shitter hmself trying to hide his own stink from regurgitation. Didn’t even attend the room, but yet uses others’ posts to talk about it. Just being lazy and did the video course only, then blames it on Brooks.

Pete
Guest

Why are you making assumptions in favor of a disreputable individual like Al Brooks? Are you a shill for Al Brooks?

dtchurn
Guest

I’m no shill, and frankly, you seem like a much more recent student of Brooks.

Pete
Guest

Al Brooks is such a humble and modest man, he has declined to show proof of his advertised trading success due to being a humble gentlemen from a more civilized time, unlike Emmett clearly. Al was also being humble when bragging about his daughters going to Ivy League universities and bragging about being right nearly every day with his ES day trading and bragging in 2009 with his marketing “goal” of becoming a one-man reclusive trading institution.

Rob B
Guest

Pete,

You must be in hog heaven with all this Al Brooks controversy. I hope you are posting at BMT.

Pete
Guest

LOL dumb ass. The spam info webinar is being done by the potential fraud who is the subject of this review, stop trying to turn this into a circus with your distracting and obnoxious dance.

Pete
Guest

https://www.youtube.com/watch?v=PNz2fuE-VMM “I TAKE 40 TRADES A DAY. ALL RIGHT, I CONSIDER 40 TRADES A DAY. I TAKE 10 TO 20 OF THEM” There is a grave danger in dismissing Brooks’ offenses and not filing the warranted CFTC complaints against him just because others in trading ed. are worse. Very few high school dropouts buy into wrbtrader’s claims of making thousands every day trading futures, Al Brooks has PHD grads among his hoodwinked cult followers.

Winter Is Coming
Guest
Winter Is Coming
Good find. Al Brooks is one of the biggest frauds in the trading community. It would be so simple for him to shut us all up by posting actual verifiable trading statements. It is laughable that he (or one of his minions) comes on here to defend him, when all we are asking for is proof that he actually trades. Fuck everything else. We just want to know, does he trade and can he prove it. Big Mike is his biggest enabler and by merely having him do a webinar means Big Mike is complicit in Al’s lies. It is… Read more »
James
Guest
If possible this info should be collected and presented to the CFTC with a formal complaint. He doesn’t seem to make many bold claims in print where it’s easily seen by regulators. Instead the claims are peppered throughout his thousands of hours of videos, interviews, and chat sessions where only his devoted students will hear them. I reported him a few days ago and made reference to several things he has said that I take issue with and that the CFTC should look into. However I didn’t provide specific links to where he actually said those things. Since this is… Read more »
Stray Dog
Guest

“Do you think I should re-submit my complaint with links to the youtube videos where he actually says those things?” Yes, of course you should. The more specific the information you provide and the more leg work you do for them the easier it will be for them to investigate.

Winter Is Coming
Guest
Winter Is Coming

@ James

Yes! They will arrange a telephone meeting with you. Ask Pete to post links to everything he has.

Whilst you are at it ask if Al can hide behind his NFA statement. Remember, we know he can’t call trades but he refuses to disclose historical trades as a matter of establishing a trading record as fact.

The CFTC love disclosure! All Al has is talk right now.

dtchurn
Guest

hah, and he just searched on youtube now to find that. didn’t even file his own cftc complain all this time with his blather on the other reviews.

Pete
Guest

There was no precedent for success of a CTFC complaint against Al Brooks until the Schooloftrade CFTC case was made public and this review was published.

dtchurn
Guest
The SoT CFTC doesn’t suffice as a precedent. Joseph did a lot of con tricks and violations. Brooks is just a book author. The fans wanted him to do a room and the room was a fan effort begging him to do a room. and the original site was done by a volunteer student. Sam08, another admin of bmt posted about it on the bmt thread which confirms my old memories of the orignal site which said that. There are other CFTC actions yes on other TS reviewed vendors but it’s clearly seen they were some of the worst of… Read more »
Pete
Guest
Once again, please stop spreading false information in favor of Al Brooks, he was just a book author before the webinar became part of the marketing of the book and vice versa, then came the course and paid speeches. Archive.org from 2009 of Brookspriceaction.com shows that the webinar was always a for-profit endeavor built on the premise he is a profitable trader: “I will likely only continue the site if there were enough participants to make it financially and intellectually worthwhile.” ” How much can a reasonably good trader make? If a trader becomes very consistent, averaging 2 pts a… Read more »
dtchurn
Guest
It’s not false information. It’s very transparent to everyone your hijacking of my posting. It’s what I saw back then. Right, your requoting what everyone else has read about brooks is correct. Brooks was just a book author. He had a fan website and then the fans begged him to do a webinar because of his claims of profitability. He had a volunteer webmaster and the room was prorated so one could enter at the end of the month and pay only a few bucks for a few days of the room where the structure still exists to this day.… Read more »
Pete
Guest
That’s your opinion, don’t hijack other peple’s sentiments by telling them your opinion is fact. There is a good circumstantial case that Brooks is not an upstanding citizen, that is an internet fraud lying about and boasting of his track record in interviews, lying about laws preventing security information from being shared to hide further potential lies. If you read Brooks’ books he does not advocate for sim trading, trading small, such as the SPY instead of ES is suggested. One could very easily, even a veteran trader not just a newbie, blow an account from commissions alone by using… Read more »
Winter Is Coming
Guest
Winter Is Coming
Either way, tturner86 is rattled over at FIO. He deleted his last post with a quote “I am done with this”. I am just sitting here loving the fact his feathers are ruffled. I knew it would only be a matter of time. After chatting with my contact, I have concluded that the CFTC will may not have grounds for much of an investigation, although they may scratch the surface. This is only based on what I know, as there may be a shed load of evidence to the contrary. As I said in a previous post, they have to… Read more »
James
Guest
Thanks for the info from your CFTC contact. I don’t expect he could ever face serious charges, but I think he should be forced to change the way he markets himself. Ideally that warning will come publicly and be as accessible online like the cases on School of Trade and others. Something that documents that he marketed himself as a professional trader who made a living trading when in fact that was not true. Funny that tturner would get pissed off. He’s definitely a hardcore Kool-Aid drinker. But it’s not like we’re asking anything unfair of Al. I mean, he… Read more »
Crooked Hillary
Guest
Crooked Hillary
LOL- Big Mike has no choice- His pecker has been exposed. The sheep have to wonder hmm- What other questionable vendors has Big Mike been exposing? FT71?? Jigsaw? How about all the time wasted on that site following the shills and the frauds? I’m sure he will be happy to throw Al Brooks under the bus to save his own skin. His bread and butter has to be those $100 elite memberships that tturner and Handicrap help bring in more cult members. But when you whittle away at the core and it is exposed it leaves you quite vulnerable. I… Read more »
dtchurn
Guest
Jigsaw for sure I would like to see some hard questions finally asked. He’s been touting his orderflow tools are good for intraday swing trading when the toolset is really geared to those trying to scalp for ticks as the lowest level intrabar. I agree it would be nice to bmt get some uncomfortable payback and agree they thew many members and vendors alike under the bus ban for so long sometimes even on a whim. I recall a long time ago seeing a guy banned in a second in the chat box when he argued with the big guy… Read more »
Winter Is Coming
Guest
Winter Is Coming
@dtchrun @Crooked Hillary Well. Dropping a bomb on Big Mike – I hope that has one hell of a blast radius. Will it be obvious once dropped? In other stuff, you spoke about FT71 and Jigsaw…. As I have said previously in other posts, FT71 is the real deal IMO. I have spoken to him before when I was developing some volume tools and there was nothing that would make me believe he wasn’t a genuine trader. Does he trade live? I can’t verify that even through the broker friend of mine (remember the one that is testing the shit… Read more »
Crooked Hillary
Guest
Crooked Hillary

The bomb will be very good- He set a trap for the Big one and he walked right into it. You may notice fewer posters? Once they got the info they closed shop and bailed from the site. They will come back for a finale though LOL.

Winter Is Coming
Guest
Winter Is Coming
I am not sure if I have noticed fewer posters, the stats say +15% more posts than last month but the number of threads and new members is down quite a bit. Is this to say that the right honorable Big Mike has been duping us all with his whiter than white facade? If the bomb is dropped on the site it won’t get much exposure because the Admins will delete it. So I hope they can reach far and wide before that happens. I would like to know how you know what is going to happen, but then again,… Read more »
Crooked Hillary
Guest
Crooked Hillary

It does not involve $$- It goes straight to Big Mike’s integrity or lack of.

Basically – he will prove if you want to learn to be a trader don’t learn it from Big Mike or his shills.

Winter Is Coming
Guest
Winter Is Coming

Ooohh, nice. I hope it is good and we all get to see it.

dtchurn
Guest
Looking forward to seeing what this bomb is. I remember the elite price shooting up from 25 to 50,75 then 100 with the 100 coinciding with the semi-retirement to ecuador and then some lame bs for the reasoning for the increase. Assuming a hundred thousand elite members over the years, that’s still a cool multi-million profit even with an average of 60 for elite over the entire history, not counting the other revenue streams from the select vendors and brokers. for lulz its also dog centric particularly labs i.e. what about all the fine feline friends of traders. Well if… Read more »
Winter Is Coming
Guest
Winter Is Coming

Where is this bomb??

Lucky77
Guest

What’s wrong with the Jigsaw software? Just curious.

Crooked Hillary
Guest
Crooked Hillary
Jigsaw is a beautiful piece of software and Peter Davies does a great job supporting it. My only issue with it is that I originally thought it gave me an edge only to realize it really didn’t. It is meant for scalping there are so many easier ways to swing trade without it. I will load it up and run when away from the office- It makes my office look like Christmas year round as the ladders change color and bounce off mirrors and picture glass on the walls. People can look in and see how smart I am lol.… Read more »
Winter Is Coming
Guest
Winter Is Coming

@ Lucky77

Nothing is wrong with Jigsaw.

As Crooked Hillary said, it is a lovely looking piece of software.

Peter is also second to none and has done some great webinars. I really can’t fault that guy.

Jigsaw is only a tool, and they have never made claims of profitability via using their software, so really that is all there is to it.

There is no edge IMO to using Jigsaw. There are better ways to read order flow that are more suited to the way I trade.

dtchurn
Guest
Right, Al is just a retail trader who wrote a book. The book site started to have fans and they wanted a room. To be worth his time and to defray costs of doing the room he asked for a reasonable rate for each registered member even on a prorated bases. Brook’s pride post his medical career where he was an actual researcher and posted articles on medical journals is his books. The trading room webinars he always stated for educational purposes and allow those always clamoring for a mentor to “look over a shoulder”. members could always take it… Read more »
dtchurn
Guest

my bad, the irc room is still up amazingly. Well that just goes to show, a feature like that is still shared for free with less selling pressure on paying for the trading room or video course if one is willing to take the time slog through the books. Another sign of his site not just dedicated to marketing and sales. One can follow along with their own ES chart in a platform and watch the icq comments. Great deal for free!

Pete
Guest

Huh? An empty chat room run in the name of Brooks as a gateway to the for profit webinars doesn’t imply much altruism from Al. Didn’t wrbtrader have an IRC chatroom also?

dtchurn
Guest

It isn’t a gateway as there is no requirement to pay, it’s part of the site’s free discussion features for anyone registered on the site. It doesn’t say as much about Brook’s “altruism” or marketing rather than a free support structure for readers as the site and irc room was there long before the new books and video course.

Pete
Guest
The fact that Brooks is not the type of trading vendor with prior felony convictions or blatant con tricks is exactly why he appeals to so many and why his false statement to Emmett about the fact that it would be illegal to share his trading results is so troubling and does not fit with the image of himself he has conveyed to the trading public since 2009. There will be much legal minutiae and parsing of Brooks’ past statements to successfully make a case with the CFTC, that doesn’t mean we should discourage victims of Al Brooks from coming… Read more »
dtchurn
Guest
Brooks has always had the same image since 2009. His public statements to the so called trader media news however minute points there are , are no different than any other book author. There is no direct link to self-harm done by students who irresponsibly traded based on the teachings without adequate sim testing, and blew up their accounts because Brooks never called trades or detailed trade results in the writeups. The products are marketed honestly enough far better than most vendors as educational products. There is even a 30day money back guarantee for the video course which sounds like… Read more »
dtchurn
Guest
As Emmett said, his clean disposition as an educator just makes Brooks what he is a educator that does not show proof. Just a jokester not too be taken more seriously than a mumbling palm reader. A It’s hardly a case for a alarm for danger for a upstanding citizen writing a trading book but not willing to show proof as there are hundreds of trading book authors and article writers who have done the same thing over the last decades of online trading and farther back. You’ve had trading book writers like TomDeMark, Steve Nison and they were educators… Read more »
Pete
Guest
Your assumption Brooks is an upstanding citizen suggests you do not appreciate the gravity of his false satement to Emmett about sharing brokerage statements, aside from other assumptions about Brooks’ background which we are not privy to. Brooks was not a senior citizen when he became a vendor, still not a senior by some definitions, Fenton looks to be in his 70s, don’t imply age discrimination is a motive of detractors here. The premise of Brooks’ vendoring is that it is a profitable method used by a career daytrader with now thirty years of experience developing and actively using the… Read more »
dtchurn
Guest

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

Pete
Guest
Here is interesting information from archive.org of brookspriceaction in 2009: “I am not a CTA and therefore need to restrict what I publish on this site. Otherwise, I would have to become a CTA and this is against my minimalistic approach to life. I called the NFA and asked what my limitations are and they told me that I cannot make trade recommendations, I cannot discuss my trades or trading results, and I cannot answer specific questions about particular trades that anyone has taken or contemplates taking. However, I can publish my reading of charts and I can discuss trades… Read more »
Dave
Guest

Well, that is just bluntly wrong. A CTA does have a restrictions about advertising, but telling people about your trades is freedom of speech.

There was a court case , Taucher v. Born. like 15 years ago that said “who ruled that Internet publishers and computer software developers as well as traditional newsletter publishers could publish without first being licensed by the CFTC”

Unless there has been a court case since…..

Traderme
Guest
Is it blundly wrong? When you are putting your statements on your webpage and sell courses with it, isn’t this called advertising? If you are a profitable trader making lots of money does not mean that your students will. No, on the contrary 90 % of them will lose. So your statement on your webpage could be misleading advertisement although the figures are true because students cannot replicate what you are doing. See Pete and I took the same material from Al Brooks. Pete failed while I became profitable. So for Pete this would be misleading advertisement because he cannot… Read more »
Dave
Guest
If you are a CTA or raising money, it is advertising and that is dealt with by the NFA. Al Brooks is not, so that is why I mentioned the CFTC. As long as you state clearly that past results are past results, then you are stating facts. “Misleading advertising” is not an issue here, misrepresentation is. If you say “I am a profitable trader” while selling a course, and you buy the course based on that statement, When the CFTC filed a complaint over the School of Trade, one of the items was for a systemic pattern of false… Read more »
Pete
Guest
Al Brooks could be more vulnerable to CTFC litigation and prosecution than Schooloftrade due to that he has been possibly misleading clients about the possibility of NFA audits as the reason he avoids showing his trading statements or mentioning specific trades since he started the webinars in 2009, in addition to statements Brooks has made about his professional trading proficiency, .i.e trading for a living, trades 10-20 times a day., takes 1 point scalps on the ES and usually exits for 1-2 ticks or breakeven or for 1 tick if the 4 tick scalp doesn’t look right, all of the… Read more »
Traderme
Guest
So file your complaint and we will see where it goes. I know another person who is beyond all question and provided proof over and over and has an institutional background as well who scalps daily on a one minute timeframe. His equity curve which is documented via an institutional tracking software looks like a straight line up. So yes, Al cannot go for this small targets since he is trading through a broker but basically it is definitely possible what Al claims to do. I proved as well that it is possible to be sucessful in his trading room.… Read more »
Winter Is Coming
Guest
Winter Is Coming
@ Traderme (aka ……….) Does Al trade live from a funded account? Yes or no. If yes – how do you know and can you provide irrefutable proof? If no – well why not? Like a slippery eel, you are inherent on steering the conversation away from this question. All Al Brooks has to do is show perhaps a few months worth of redacted brokerage statements and we will all tuck in to a nice plate of crow. After he does that this thread is dead. You would be 100% right, Emmett will give Al a 5 star rating and… Read more »
Traderme
Guest
No I definitely cannot prove that Al is trading off a funded account. But there are a lot of different opions floating around here. For example some people say Al is a Fraud because no one can profitably scalp on the 5 min because of HFT or whatever. These people say its just a pipe dream. And that is definitely not true. There are people who can scalp on 5 min or lower so theoretically Al can scalp on this timeframe profitably. And there are several signs that suggest that Al is indeed profitable, among others the correctnees of his… Read more »
Dave
Guest

@Traderme, I am not saying you are not profitable nor am I saying other people are not profitable using price action.

I am just saying that , as Al is not an NFA member or raising money, it does not run afoul of the law by posting his trades along with the appropriate disclaimer.

Rob B
Guest

“it is definitely possible what Al claims to do”

Do you read what you write. I guess it is possible the lock ness monster exists also. With you it is this mysterious person that can do or that mysterious person that does it. Yet never any proof shown that Al Trades profitable or even trades live. And that is what this thread is about.

Stray Dog
Guest

I feel like I’m in the twilight zone. Traderme is the type of person who would come home, find his wife in bed with another man and say She wasn’t cheating. The pool guy was a gynecologist before he decided to become a pool guy and he was just helping my wife out. No he didn’t show me his qualifications but I know there are other gynecologists who make house calls. Traderme, if Al Brooks could trade or does trade he’d produce proof of it.

dtchurn
Guest
Assuming Brooks is at best a “breakeven” trader, he still can’t show proof and statements because it would be seen his own trading isn’t any better than coin flipping and that the monthly churn is to shore up losses while he continues to endlessly practice and experiment with whatever methods he is not sharing in the books and material. A vendor packages a bunch of ideas that no longer work into a book and videos for sale. Then in the actual room, we hear mumbling about “always in long/short” and barely anything as a good example from the book as… Read more »
Traderme
Guest

So turns out he is indeed a real ophthalmologist. The internet is full of his articles. It will turn out that his daughters in deed go to elite collegues. I have proof of that but will not post it here since I dont want to take the fun away for you guys. And anyone must pay for that – so it looks to me that Al is doing quite a bit of money, right? Three books and a trading room for 99 Bucks don’t pay tuition for elite colleges. Looks to me the guy is really trading.

Winter Is Coming
Guest
Winter Is Coming
@ Traderme “So turns out he is indeed a real ophthalmologist.” – never in doubt. Pointless to even bring it up. His name is on plenty of papers around the web. His daughters going to Elite schools – never in doubt. The easiest thing in the world to look up and find out. Pointless to even bring it up. It’s not even difficult to find out all of Al’s family relations, prior addresses and telephone numbers. “so it looks to me that Al is doing quite a bit of money, right?” – so you obtusely assume that Al has got… Read more »
Traderme
Guest

Everything here has been doubted except that Al is born. It has been doubted that he was ophthalmologist, it has been claimed that he invented his daughters going to Elite universities to give himself a wealthy appearence (instead of Ferrari car pictures I assume). It has been claimed that no one became profitable using is methods and his methods are of no value until I proved otherwise. Now people say yes, the methods are valuable but he did not invent them, just compile them. Yet I habe never seen the same methods explained in any other place.

Winter Is Coming
Guest
Winter Is Coming
“Yet I habe [sic] never seen the same methods explained in any other place.” That is the genius part of this entire saga. Here is the link to Al Brook’s website. Pick any acronym he uses and tell me which one is proprietary to Al or was Al’s invention. Because I have to tell you, there are literally hundreds of trading books that describe exactly what Al is portraying, albeit perhaps under different nomenclature. He just happened to cram this all into 3 books. Pretty genius if you ask me. So genius in fact I wish I had thought of… Read more »
Traderme
Guest
I believe that Al has been given the exact information by the NFA as he wrote. Probably even in the same words. The guy from brookspriceaction has extensively written that the trading room and forum initially was only planned for a very short time and set up because people asked Al for help. Everything in Als case is a completeley different story as with any other vendor that I know and this is really well documented everywhere. I think that the only reason why Al doesn’t disclose anything was firsthand because of the information given by the NFA and now… Read more »
Winter Is Coming
Guest
Winter Is Coming
But, but…Al Brooks hasn’t been a member of the NFA, since 1994. If his membership is current then it cannot be found. Perhaps he changed his name…again. As per their Manual / Rules Section 1: Fundamental Purposes. Subject to the limitations in Section 2 of this Article, the fundamental purposes of NFA are to promote the improvement of business conditions and the common business interests of persons engaged in commodity futures and swaps or related activity by (i) undertaking the regulation of persons that are members of NFA (hereinafter “Members”) as set forth in this Article; So let’s resume with… Read more »
dtchurn
Guest
I would agree Al is wealthy but I would think that’s more from his past ophthalmologist career than trading. He would already be in the top ten percent income bracket. He could have other businesses, such as owning a franchise or rentals. So he would have had plenty of funds to trade with initially. My take and opinion on Al is that he’s always been a breakeven trader and never made it big. If he did, I doubt he would be doing a room or selling books on what pa ideas worked for him. But he’s very disciplined as a… Read more »
Pete
Guest
Totally wrong again dtchurn. Brooks suggests computers trading the ES make it the most perfect market, the most rational market, and thus the most tradable market, with measured moves and support and resistance levels respected closely compared to some other futures markets. Brooks repeats that HFT has no effect on price beyond 1 tick, as though he is trying to emebellish a clear danger as a trading marketer rather than a trader.These claims by Brooks are precisely why he must be shut down, he is telling people to jump off an unprecedented cliff and obscuring reality and his motivations, his… Read more »
dtchurn
Guest

Hah, I haven’t been wrong before. Just your lone gollum voice. Doesn’t sound like you were in the trading room. He commented HFT was making price act weird in real time. What he said in the room was often different from the books in the hindsight charts or in his promo webinars and “interviews”. Of course this was years ago as most of us have ditched it and moved on. except for petedetestithbrooks.

Pete
Guest

That was idiotic of you, as usual, to assume I wasn’t in the room because I didn’t hear the same thing you did. Brooks has a history of making false or evasive statements, just because he apparently mentioned HFT as having a negative effect on his edge when you were subscribed doesn’t mean he would do the same at a different time period when I was subscribing to his webinar. If anything the inconsistencies and evasions from Brooks strengthen the pending CFTC case, not weaken it.

dtchurn
Guest

Doubt you’ve been in the room, now lying about having been in it having only attended the free webinars. Bet you just got the video course. All you can do is look up current youtube videos and what little promotions of Brooks there are online. What an idiotic fool. There will be no CFTC case before Brooks retire. No one is doing complaints including you.

Pete
Guest

Good shill. Even if Brooks retires the CFTC investigation will be retroactive from 2009-2016.

dtchurn
Guest

Doubt there will be any cftc case period. He’s too small time and far from Dr. Sachs’s con malarky. There may be a few of cftc cases bu they will be tossed out.

Stray Dog
Guest
How does Al Brooks being a real ophthalmologist and his daughter attending an elite college constitute proof that he is trading? How much does 4 years tuition at an elite college cost? $100,000-$250,000? Let’s say Al convinces some smuck that his voodoo hoodoo is real and that if you stick with the trading room long enough you too will start to see the magic. Our smuck buys the course, Al gets $247 and all of his books of which Al gets a total of $50 and he signs up for 12 months in the room, another $1,188 to Al. That’s… Read more »
James
Guest
His daughters and what schools they went to have no relevance to this. Just because they went to expensive schools doesn’t mean Al paid for it. They could have got scholarships, or taken out loans, or had their mother pay for it. Even if Al did pay for some or all of it, that money could easily have come from his vending. Others claims of success with Al’s teachings have no relevance to this either. We have no way of knowing if those claims are true anyway. All of that has nothing to do with whether Al’s recurring claims have… Read more »
Rob B
Guest
Man I was agreeing with you 100% up until “We simply want to know the truth.” All the truthful vendors were put out of business. No one wants to hear the truth. They want to hear the fantasy. The fantasy world that no one can show any proof of. That is why this industry is just left with con artist, telling you how you will make a killing micro scalping CL for 4 ticks at a time. Piece of cake after all it can move 250 ticks in a day. How hard can it be to get 4 ticks here… Read more »
James
Guest

Oh, I know that his claims are not true.

I want to know the real truth as in does he trade at all? And if he does, is he losing and how much? Did he ever have any profitable years? Has he ever managed money for others?

Rob B
Guest

The only way you will get that information is if the regulators go after him and they post their findings or he see the light like Emmett and comes forth, wait he had to get busted first, so that is not happening either.

What I have no doubts of is he is not trading the way he claims with the success he claims or he would be one of the richest persons around and running a hedge fund for GS instead of a penny annie trading room.

dtchurn
Guest

Very true RobB where if he was having the dream trading success, he wouldn’t be sharing a room with penny arcade fees compared to Soares’ room who doubled his fee to 300/monthly churn after the TS review, a detail which you caught. Brooks probably doesn’t need to make a living from his site and products as he’s already wealthy. He just does enough to keep his sham from stinking too bad, just the way bmt likes it. I think he really likes trying to trade even though he’s not making it big and is breakeven at best.

dtchurn
Guest
I was curious what was the monthly churn of Al Brook’s trading room currently. I recalled years ago it was about 20 or so members listed per month. Wow, it’s now at a rough average of about 130 per month. Every other month 20 members seem to churn out so the room membership count fluctuates from 120 to 140. each member id is listed so one could track how long a member stays on average in the room. So that’s about a cool $150k per month from membership in the room alone. Not too shabby if one could make that… Read more »
dtchurn
Guest

typo 150k/year not /month.

Rob B
Guest

Don’t forget his book and video sales. Much better income than losing $150K, which is probably what he would lose if he traded live as he claims.

dtchurn
Guest
Good point RobB about the potential losses. I was appalled after NickD’s excellent real testimonial on WT when Emmet mentioned being contacted by WT members losing up to 20k or more each on credit card debt in the 700 members a day room. Brooks doesn’t make any calls as he’s more conservative on hiding his shamming stink rather than calling trades, glossing over losers, and boasting about the trade(s) of the week making x thousands of dollars. So folks are more likely wasting more time and educational fixed costs on the books, room and videos trying to get bpa to… Read more »
Pete
Guest

Brooks makes more than $100K a year vendoring, archived months of the webinars are sold for $50 each, he refers people on his course website to Tradestation brokerage. From talk on forums more buy hiis video course than subscribe to webinar, video course price going up to $499 Nov 30 after new trading expo visit, his third visit in a row. How will he explain to the CFTC how he trades for a living as a professional trader in relation to his substantial and stable vendor income?

dtchurn
Guest

Ludicrous imagination petedetethbrooks. You hardly know for a fact how many courses Brooks sold. Anyone can quack what everyone already knows about the video course coming out. Sure the course would be easier for most than reading the books. But so what. Everyone knew about the video course as it was promoted on bmt when it was released.

Pete
Guest

I didn’t say I know for a fact, that was an idiotic assumption. I’m making an educated guess based on Futures.io and other social media evidence of the popularity of Brooks’ trading course. Not everyone knows that Brooks is raising the price of his course by 100%, this fact should be mentionable in the comments of a review without you getting your diaper dirty and snarling like a bitch at other commenters.

dtchurn
Guest

hah, just because you were wrong, you continue to tag my posts across reviews , snarly bitchy gollum. who cares about your posts anyways. stupid reach about the number of video courses sold. most of your posts are reaching and lackadaisical conjecture.

Pete
Guest

Atleast I didn’t make an elementary school math error while conjecturing and say it was a typo, I’ll never be able to fully lower myself to your level.

Stray Dog
Guest
Judging by the number of diehard believers defending Al and venting that requiring him to prove the worth of his teaching through brokerage statements is unfair and completely unreasonable I doubt it’ll have much effect. People who want to believe will no matter what. Al’s doing the smart thing, no response at all. People will vent but the furor will subside, perhaps he’ll take a hit for a few months and have to live on a paltry $80,000 a month but as long as he doesn’t engage in the conversation he’s safe. If he does try to defend himself he… Read more »
James
Guest
Wow, it looks like Mike is going to have Al give some kind of answer to all of this at his webinar next month. That could be interesting. But since it will probably be potential Brooks cult member tturner moderating the webinar I hope that won’t mean some easy softball question. Mike has been highly critical of anyone using the “it’s illegal to disclose performance” excuse, so perhaps that has something to do with his decision to ask Al directly. I figured he was hoodwinked into the Heavens Gate Trading Club but maybe I was wrong! And Mike doesn’t even… Read more »
dtchurn
Guest
Mike only recently this year started to try to be more critical of disclosing performance. Before that, he hardly bothered with performance especially from favored vendors such as ft71. That’s why Felton and jaguarEd could last as long as they did. He was only reactive when someone caught Jag with his bogus sim mistakes not matching what was in his room. The vendor section is different from before Tradingschools started taken over the scene with honest and non-fake shilled reviews. Often prior to TS if a member complained about a vendor and wanted proof either Mike or other flavor members… Read more »
Stray Dog
Guest

Typo too: $80,000/year not $80,000/month

dtchurn
Guest
Yes, I’m amazed at the kool-aid phase of the defenders on the brooks bmt thread, yet they can not prove they are anywhere close to the full time trading dream. I’ve long ditched all of Brooks ideas in my own trading. I no longer care about H1’s and H2’s as there are easily H3’s and more suddenly switching off in the other direction. I agree about the bmt site influence. I know back in the day of bmt long before brooks had a video course and everyone had to slog through the bs swamp of the book. any posts like… Read more »
Crooked Hillary
Guest
Crooked Hillary
I had forgotten about the H1, H2’s and all that label crap- and all those that need to FOLLOW the rules. Yep buying high and selling low. or magically violating taking breakouts out of congestion. Whoever mentioned Heavens gate- Yep right on there as well. My advances came when I abandoned all the boards. But BMT was really so bad. Ft71 is another guru there and those guys are in cult deepness. Ft71 had a few good webinars on how to create a method and test it- but the folks I know that follow him are going nowhere and basically… Read more »
James
Guest
Yeah, I thought it was funny how bobwest commented that “I found some Brooks concepts that worked for me” with emphasis on “for me”. Funny because he has publicly stated that he’s been trading futures for a while now and is still not profitable. I don’t see how he can think it’s working for him if he’s not making money! LOL! He seems like a decent guy and I’m not trying to pick on him but come on that just doesn’t make sense! So amazing that these guys sit in Brooks chatroom where he never makes a trade but at… Read more »
Crooked Hillary
Guest
Crooked Hillary

Bobwest aka Mr Kumbya. Nice guy I am sure but the market doesn’t care.

As long as people are following
someone else with respect to the
market they will never have
success imho.

It is only those that are able to
think and act for themselves – create their own method and
stick to it in tough times that
will make it.

Those people with characteristics by definition will not fit in over at FIO and be booted quickly.

Stray Dog
Guest

Oooh Heaven’s Gate just hearing the name makes me check that my balls are still intact.

dtchurn
Guest

” This is in big part imo due to Emmett and Tradingschools successful real vendor review movement; drain the swamp! “. I was referring to where now one can be critical of vendors openly on bmt thanks to TS’s influence. I’ve never seen so many open and allowed to be, about vendor scamming and their tricks on bmt until this year.

Stray Dog
Guest

Yeah crazy right. You pay your $100 to the site and then you can be banned without any right of reply just for being honest.

Crooked Hillary
Guest
Crooked Hillary

It’s okay if you pay the $$ and download Fat Tails indicators as someone else suggested on another thread and find something that works for you.

Pete
Guest

Great! And now we can be openly critcal of eachother on here thanks to the low standards of behavior you have set. Bravo, moral exemplar dtchurn!

dtchurn
Guest

what a hilarious grasping at straws from the nincompoop who lowered standards in the first place. completely irrelevant.

Pete
Guest

Deny it as much as you want, your breath reeks of Brooks-flavored Kool-Aid.

dtchurn
Guest

lol, it’s the air filled to overflowing from petedetethbrooks.

James
Guest
Yeah, Brooks has a full-on cult following and it is no joke. They just keep dancing around the issue with the comments of “track records won’t make you profitable”. That may be true but here it is misdirection designed to steer conversation away from the real issue that is Al Brooks integrity. He is dishonest and using deceptive marketing, and they don’t want to consider that possibility because it would shatter their perfect image of him and their dreams of making a living trading bar patterns for 1 hour a day. Reminds me of that guru who convinced 40-some followers… Read more »
Crooked Hillary
Guest
Crooked Hillary

Here you go- Al Brooks speaking at the next BMT webinar.

2016-11-16_0743al.png
Cyn
Guest

Wow. He does really look like a kooky cult leader. 🙂

James
Guest

LOL! Yep, that’s the guy!

dtchurn
Guest

lol, the room actually reminds of a UFO cult waiting patiently at night. looking for a pure Brooks pattern. like…yes, there’s one! nope, false alarm, back to “always in long”…”always in short”…mumbling “com-PU-ters”, squinting at each five minute bar forming..in the bare chart sky.

Pete
Guest

Brooks could easily have surpassed Schooloftrade in terms of trading-vendor income if these figures are correct.

dtchurn
Guest

What a delusion. I’m afraid you’re far alone on this gollum.

dtchurn
Guest

The CFTC will laugh and see the lone complaint about Brooks. Hint: not even filed at this date. And see oh yeah, it’s the petedetithbrooks guy!

Pete
Guest

Victims of Al Brooks, do not be discouraged, your voices will be heard by the CFTC! Please submit your complaints to the CFTC http://www.cftc.gov/consumerprotection/redressreparations/index.htm with documented evidence of Al’s lies, evasions and list the damages caused from your live trading of his 5 minute day trading system, which Al apparently does not partake in with real money, even though he can afford the risk, we can’t, the lemmings Al goads off of the cliff. Do not be discouraged by Al Brooks shills like dtchurn, submit the complaint against Al Brooks immediately! http://www.cftc.gov/consumerprotection/redressreparations/index.htm

dtchurn
Guest

Go ahead and file if you feel if you have real case against Brooks.
No need to worry about me. I’m no shill. Just pointing out the douche who tags my posts.
https://www.tradingschools.org/reviews/al-brooks-trading/#comment-10924

Pete
Guest

There is no tagging.This isn’t twitter, are you demented?

dtchurn
Guest

observe watchfully the demented ptb tagging along looking for scraps.

Pete
Guest

There you go tagging my posts again after I implied you never should tag my posts again. The audacity and unoriginality of you to dare tag MY (copyrighted) posts fills me with vitriol.

dtchurn
Guest

I told you to shut it and stop tagging me back in mooktrader. Stop lying about it.

Pete
Guest

I implied I don’t want you to tag my posts.

Pure Price Action
Guest
Pure Price Action
This post just shows how people are different. For me Al Brooks is a genius, and I can understand why most of people cannot understand his method. Since the first pages of his first book (by the way I think is the best, even though most people say its confusing and thats why he wrote the other 3 to clarify) reading 2 pages a day I could see the charts next day do exactly what was in the book examples, well not exactly because its always different. So now I see lots of information on the 5 min chart. Some… Read more »
PowerM
Guest
Guys, I dont know if Al takes live trades or not. But what is wrong with his theories, no matter if he uses them for his own live trades or not? Where else can you get so much knowledge for this ridiculous amount of money? Anyone of you has spent much more money on trading I bet, assumed that all of you are traders. Look at the attached chart which is part of a hand out related with a webinar that Al held somewhere. All comments on this chart are reasonable, and the chart itself shows price action as you… Read more »
AB TC.png
OzTrader
Guest
I’ve been following Emmett’s website for some time and like his work. But I have a different view on Al Brooks. I did a long write-up, too long to post here. I put it on my blog – https://tradinglogblog.wordpress.com/2016/11/20/interlude-thoughts-on-al-brooks/ If you think this is a sneaky way to direct some traffic to my blog, well it is. But I make no money from it – it’s not a commercial blog at all. I just think it would be fun to connect with other traders. I have 100+ posts detailing my efforts with day trading. Bottom line – I think Emmett… Read more »
Pete
Guest

I guess your review is invalid because Brooks does write the daily recap in hindsight, it’s dishonest of him to not mention it is hindisght analysis in bold print on each chart he writes. This sort of manipulativeness is common among cult leaders, it made a good first impression on me too. From your review it looks like you just started learning Brooks’ price action appropriations. People on forums have wasted years using Brooks’ method, while taking positively about it like you are, before abandoning it in inevitable disgust.

Tom
Guest

At last this d-bag is exposed.. Thank god, what a fraud.

COCK
Guest

Loosers are always looking for excuses.

Pete
Guest
Why didn’t Al take the high road and market himself as a trading educator who switched careers from ophtamology to day trading, lost for ten years, and has produced and improved on some interesting theories of market behavior? Al Brooks decided in 2009 to market himself as a market wizard and lied about laws preventing him from sharing evidence of his crass marketing claims. Al Brooks is libel for a class action lawsuit from all affected by his duplicity, whether they purchased his books on a forum or not, or heard the real Al in a 2009 webinar or not.… Read more »
Rob B
Guest

“Why didn’t Al take the high road and market himself as a trading educator who switched careers from ophtamology to day trading, lost for ten years, and has produced and improved on some interesting theories of market behavior?”

He is a con artist. Why would he do that. There is no money in doing that.

But seriously you need to post at BMT. I give you 1 post before you are BANNED!!! Any takers on a wager?

Cyn
Guest

I will take the wager, but only if you let me bet in the side that you are betting on, and you move to the other side. I prefer to win the bet! 🙂

Simmy
Guest
https://youtu.be/sggCMq-Nf9I?t=63 “France? forget it not with their tax laws!” Flightless birds are a great analogy Lucas. I studied Al a while, he is not much of a trader though good for the beginner ideas. Maybe he is just ironically short sighted and his method is muddled? His books are ok, I found his voice too dull to listen to for long, portraying him as a cult leader is reaching for the absurd I am sorry. If he was he would have found someone especially gifted to trade an account for him. Providing proof would be easy with the millions on… Read more »
Pete
Guest
“Cult leader” is a metaphor used in this case for someone with a personal morality, a subtly hamrful and selfish agenda combined with a devoted following of believers who attack the personal attributes of critics of the “cult leader” and willfully choose ignorance. Please explain why Al Brooks lied about the NFA regulating his trading. Why did he lie and say it’s illegal to share his trading results”? Brooks cultists say he has no personal responsibility for the information he publishes because there is a disclaimer which gives him free pass to misrepresent his trading abilities in videos and in… Read more »
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.

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.

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 »
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.

Pete
Guest

May I please request Al be invited here for an intellectual meeting of minds to discuss several potential conclusions and to answer unanswered questions following this review, thank you in advance for your cooperation.

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 »
sat
Guest

Al’s books are hard to read. His voice is difficult to understand.

Lucky77
Guest

If you think Rob B should stop making excuses and follow up his claims of profitable trading by posting an account statement please “thumbs up” this comment. Let’s see how many people are interested. I know I am!

Rob B
Guest
Mindless Unlucky, Shills are truly unbelievable. You and your trading room cannot show any proof of your claims so you want to divert attention by demanding others show their brokerage statements instead. I have no idea what the point of me showing you my brokerage statements would accomplish as I am not selling anything. It only serves as a distraction to the fact you and your con artist TR buddy can show no proof of your claims. You do not even have the guts to say you will show your brokerage statement even after I show mine. You are basically… Read more »
Amit
Guest
Traderme a few questions come to mind – 1) if you believe in the method then why are you trading just 1 contract ? Why not trade 5 -6 contracts to get some decent income. (Normally small size trading is done by fake trading room operators who know their system does not always work & whose source of income is subscription). 2) could you show similar returns for a few consecutive months (say 6 months or more) ? (There are strategies that can work good 2-3 months but over a longer period of time they lose money.) 3) can you… Read more »
Traderme
Guest
1) The psychological pressure is substantially increasing when you use more capital. I found this to be too exhausting for me mentally in the long run so I turned my focus to longer timeframe and options. 2) I think on a 5 min scale you have a ton of possible situations within a month. As mentioned I only stayed with Al’s room for one month but I am pretty sure I could replicate the results in different months. There is no “system”. I studied the price action and put on lots of screen time. Once you understand the price action… Read more »
Sam Watson
Guest
Amit – I’m confused, why would small size trading be associated with fake trading rooms? Of-course you may not be filled on all your contracts if you scale up – so naturally one should not expect success with one contract to equal X 10 success with 10 contracts so naturally there is some degradation, but less so with ES and other high volume contracts. But it would not be common to go from success with 1 contract to complete failure with 5 or 10 lots. Logically if the strategy is effective in finding the optimal time to buy or sell… Read more »
Amit
Guest
Sam not sure what you are trying to ask as you have answered your question yourself. Traderme showed ES trades & as you have mentioned there is no liquidity problem with ES, you can easily go upto 10-20 contracts. Also as you mentioned “if the strategy is effective …. the number of contracts should not be a major hindrance towards success” Further small size => small loss so typically what a moderator does is just to show activity in trading room trade small size & make money through selling subscription,books,coaching etc On a side note – Good to see Emmett… Read more »
Amit
Guest
Sam just wanted to add – you may say/ask a fake moderator can trade on simulator to prevent loss instead of trading small size – that is right but there are a few reasons a fake moderator would want to trade small size with real money – 1) if moderator says he/she shorted an instrument -the instrument should be shortable & shorts should be available with his broker otherwise he will get caught. 2) playing with real money would satisfy the addiction/obsession/excitement of a failed trader who has now become a moderator. ( if he was so disciplined he would… Read more »
Sam Watfa
Guest
In Traderme’s example. His return was ~$1k. If he were to scale up from 1 contract to 10, a realistic result would be around $6000 in profit instead of $10000 in profit *very modest 40% degradation to account for the following; – Not enough volume at price therefore not all contracts were filled – Slippage – Counter-trades or HFT’s countering the large order. Now back to the point i was highlighting. If a trade room is actually trading live and showing consistent profit with just 1 contract (similar to above example), than i dont see how they can be considered… Read more »
Amit
Guest

I thought typing 5 or 6 instead of 1 would require no additional effort.
“making money using easier methods like teaching.” – teaching would mean working after market hours, late evenings, weekends , updating material,creating new material, answering questions through email/chat etc etc. Ask yourself is this all easier than typing 5 or 6 instead of 1.

Sam Watfa
Guest
To clarify – what i meant was less stressful. The reality is with futures there is a limiting factor to profit which is dictated by the maximum number of contracts that can be traded as well as the small optimum time-frames to trade. Even a hypothetical trading genius would only be able to attain at most 2k to 3k a day not including commissions. A person can be profitable but its stressful. Yet some of those who teach futures trading can earn millions (and that’s not hypothetical). Teaching the strategy does not suffer from the same profit limit factor, quite… Read more »
Traderme
Guest
“And I kind of hope I don’t because if they ever showed any proof I would die of a heart attack from shock.” Then you should definitely have a defibrillator at hand now. I support Emmetts work but if I got a cent for every self-righteous foot note poster on this blog I would not need to trade at all. Remembers me of times when the mob would appear in front of your home with hayforks to burn down everything. Everyone here clearly has an agenda: Yours is to get approved by Emmett, get your forum and finally offer paid… Read more »
Stray Dog
Guest
While acknowledging what a vigorous exchange this has become and how that can subtly affect interpretations of what is read, where did you get the idea that Rob B was trying to do anything beyond get a thread about what real day trading is like? Where has he indicated that he wants to set up a paid service? Good job on the trading Traderme, it looks like you’ve made Brook’s teaching work for you but it still begs the question why Al doesn’t display his results and as Emmett pointed out if he does trade as often as he says… Read more »
dtchurn
Guest
BigMike may have tried out Brook’s PA way back in the beginning of bmt, but he had long ditched it like the rest of us and his supposed trading results are on a higher time frame with his preference for the vwap, and there are no details disclosed except it looks similar to what little Tigertrader has shown. Brook’s has a deal with elite members of bmt for a slight discount of his course, but that seems to be the extent of his advertising on bmt besides the old fad journals which has since moved on to orderflow and volume… Read more »
Traderme
Guest
Why else would Rob B like to have a thread for himself? Just to sit there and bloat himself and brag what a good daytrader he is? No he wants to get credibility from Emmett and then make himself a name for selling services. Its the same old story as always in this business. With Al its a complete other story. He was just trading and wrote his book. Then people who found value in his book came to him and asked him to do the trading room and forum. Other people asked him to do the course. And everything… Read more »
Rob B
Guest
It is hard to even respond to posts that are such dribble nonsense. Again if you ever read any of my previous post you would know why I asked for a thread, because I am sick of hearing from Kool-Aide drinking blind faith following fools like yourself. Though more than likely you are just a shill as once again you just blast me instead of demanding any proof from Al Brooks of his claims. Man you were right on this review, Al is a God to be blindly followed by his flock. Luckily theses blind followers ran into Al Brooks… Read more »
dtchurn
Guest
Well said RobB reiterating all the important points about the sham industry and how Tradingschools has been the only dedicated game changer review site after so many years of sham reviews and sites biased to the scams. Trademe’s results first of all is just a spreadsheet. Anyone could copy results into a spreadsheet and fudge it so it looks profitable. WarriorTrading used to have their dream spreadsheets posted each month before the tradingschools review caused people to start asking the tough questions. Most veteran aspiring traders have had many records just as kool-aid hopeful as the results shown. Then they… Read more »
Rob B
Guest

I am sure most rational people get it. It is the silent majority. But thanks for support, in this sea of con artists it sometimes seems like I am the last rational person on the planet.

Traderme
Guest
There is a lot of truth in what you are saying but this is as well exactly the reason why I call you self-righteous. You have been scammed and now you are on a crusade against everyone out there and running on, not looking left or right. While far too many educators are scammers as you describe and deserve to be called out by Emmett there are some inbetween that are different. To me Al belongs into this category. But I am just a Kool-aid drinker. However a profitable kool-aid drinker which you constantly ignore because apparently this doesn’ t… Read more »
Rob B
Guest
I am a bit slow sometimes, but I just realize you are doing exactly what you accused me of potentially doing sometime the future. You just blasted 99% of vendors, but saying Al Brooks is the real deal. If you were really taken by 99% of the other vendors you would be the first one screaming at the top of your lungs demanding proof from these vendors. Look I could go back and forth but the bottom line is your post just seem fishy to me. Call it instinct after years of listening to shills. If someone wants to blind… Read more »
Sam Watfa
Guest
To be fair Rob, the statement he did show you was for one month. He put his money where his mouth is. ~1k may be measly but with just 1 contract that’s still impressive and within the folds of consistency. Personally i think even 1 month statements aren’t enough and if i wanted to be really harsh i would require at least 6 months of verified statements but that’s just me. As the saying goes – everyone thinks they’re a genius in a trending market. A good strategy requires adaptability to market conditions which cannot be assessed within 1 month… Read more »
Stray Dog
Guest

For sure Al does everything he does because of his love for humanity and not for the money. I mean $1,188 a year for a trading room, that’s as close to free as it gets.

Rob B
Guest
When I read your post the thought that pops into my head is this fool deserves to lose money daytrading. Where do I even begin. “I support Emmetts work but if I got a cent for every self-righteous foot note poster on this blog I would not need to trade at all. “ Self-righteous!!!!! Asking that vendors provide proof of their claims is self-righteous? What is wrong with you? Were the investigators that said Bernie Madoff was a fraud self-righteous? Are people that tell you the shell game is rigged; self-righteous? If people warning others to get actual proof of… Read more »
Lucky77
Guest

Do you even trade?

Traderme
Guest
I second you that this business is rotten and 99 % of all educators are fraud just putting old books into webinars or doing even worse. And Emmett does a great job in exposing them. I just don’t fully trust your motives either. And here and there and far inbetween is someone who is providing real value. For me that’s the case with Al. Another example would be Tastytrade. Tom Sosnoff does not show any track record either but his shows are of incredible educational value. Or Dan Sheridan. He does not trade himself but his courses are widely regarded… Read more »
Rob B
Guest
This post is certainly more rational than some of your previous post. “ I just don’t fully trust your motives either. “ You certainly should not as I keep stating don’t trust anyone in this industry. “And here and there and far in between is someone who is providing real value. For me that’s the case with Al. “ And that is based on 2 days of profitability. As I have stated previously if you made $1200 trading 1 car on ES in 2 days you should be quite wealthy by now. Heck start trading 10 cars. I have talked… Read more »
Traderme
Guest
Maybe thats the reason why no one wants to show you their brokerage statement. Because you are apparently not reading it. You keep rambling on and on and I have to repeat once again that I made 1.2 k in A MONTH not in two days. And I never said I followed calls as Al doesn’t do any, right. But I followed his calls to stay away from the market which he very often does. In fact about 80 % of his “calls” are calls to stay away from the market. Because inevitably the newbies want to jump in when… Read more »
Rob B
Guest
I anxiously await for you to take that challenge. Not sure why you would trade SPY when you have so much confidence in Al Brooks. Make sure you announce it ahead of time and not after the fact post. And post each day your results. Better yet open your brokerage account live in front and let all or Emmett to see. If you make money I will eat crow, if you lose then hopefully you will rethink your Al Brook’s worship. And yes I must looked quickly and said 2 days. My bad on that one. It is just that… Read more »
Traderme
Guest
Besides I am very sure that the sentences that Emmett Moore cites of Al Brooks room are incorrect. “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” This sentence is complete gibberish and make no sense at all. Same with the other sentences. I ask Emmett to post a recording of this sentence. I am VERY sure that Al did not say this. This is another sign that Emmett is not as careful with his investigations as he has been in former… Read more »
Winter Is Coming
Guest
Winter Is Coming
@ Traderme Hi Al, How is it going? You are taking one hell of a rough ride over at FIO. Are you going to bail from the FIO webinar? Big Mike’s new lapdog (tturner86) will probably be hosting so he will filter any questions relating to “Do you trade live?”. So you will probably be okay and you can breathe a sigh of relief that the question won’t be passed on. It is a shame you can’t be open and honest about the fact that you do not trade in the live market. You have done a great job in… Read more »
Traderme
Guest
You are so funny. I take it as a compliment that you believe I am Al Brooks in person. But I would definitely be able to recognize Al’s writing style within seconds and its different than mine – I am apparently not even an English native. At least you all got me a little bit thinking about signs whether Al is really trading. And there are indeed signs that he in fact isn’t as I already mentioned before. One more thing that sticks out to me and is also mentioned somwhere here or over there in the FIO thread is… Read more »
Winter Is Coming
Guest
Winter Is Coming
@ Traderme I was actually being a satirical, but that is alright. I already know who are are as I mentioned some time ago on here. I think we can be friends now anyway. Why? Because I think a little chink of doubt is starting to poke through for you which is great. Wow, I guess you are right. Big Mike has stepped up to the plate. I am amazed. I am sure tturner86 is so disappointed! How do you think Al Brooks will handle this? Do you think he will dust off his NFA excuse? Unless he is a… Read more »
Crooked Hillary
Guest
Crooked Hillary
This is so f%cking funny. I suspect Big Mike realizes his house is about to fall down. For anyone who has been around – look at the new generation of “Wizards” Tturner86 or whatever and that other guy Handicap er Inletcrap- Whatever his name. You read anything by those guys and realize what moron’s they are. Then, Like Wikileaks – the real scam has been exposed. BMT promoting Al Brooks like THE DNC promoting me! Big Mike is simply the Donna Brazile. But we all know the fix is in. But for those paying attention it shows that our beliefs… Read more »
dtchurn
Guest
Well said, there have been like four generations of “wizards” since the beginning of bmt. Remember when indextrader7 was the talk of the site , a young business graduate who talked like he was a superior trader to everyone else. And his method was just a ripoff of ytc-scalper and a dangerous averaging down habit. He rented an office as a private fund and showed off the photos. Then silence, a few months later it was reported he had promptly blew up the fund and his partner quickly called all the clients to pull out before they lost it all.… Read more »
Crooked Hillary
Guest
Crooked Hillary

ROFLMAO- Look at Sam028’s and tturner’s latest response- Right out of the DNC playbook!

“Can you name any vendor providing proof?” C’mon you fricken Moron!

Crooked Hillary
Guest
Crooked Hillary

Okay- My next prediction is that this thread will be moved to “elite only” Might as well suck every last cent out of them while the shiop is going down! lol

https://futures.io/vendors-product-reviews/23611-al-brooks-trading-course-www-brookstradingcourse-com-17.html

Stray Dog
Guest
I agree with you. The desire on FIO to give Al a free pass is pretty strong. Or maybe it’s so that they don’t have to confront the fact that they’ve all been duped by a con man for so long. Either way there are Al Brooks supports over at FIO who will accuse you of being a troll because you state the obvious, that Brooks hasn’t produced proof of his claims because he doesn’t have any. Or the fact that he hasn’t produced proof that he trades his method means that there isn’t any proof that he doesn’t trade… Read more »
Crooked Hillary
Guest
Crooked Hillary

Yep- Bigger fish to fry for sure- But it’s about the coverup and the disclosure of the FIO cult foundation that is the real gem here. They all realize they have been duped- for years! While their leader hides away South of the border. All that time wasted following Big Mike the grifter.

dtchurn
Guest
I agree bigger fish to fry for sure. Very low on the totem poll for the scam witch hunt. The kool-aid can last long for some. For myself I paid for the original book used for ten bucks, spent many hours learning the brooks “language” and slogging through the book, then joined the room for a few months. I never made live trades on the method so I “reckon I got off lightly”. I didn’t bother with the video course. Since then I never thought he was a successful trader, at best breakeven or a part-time investor outside of the… Read more »
Crooked Hillary
Guest
Crooked Hillary

I suspect no one will go to that extreme- But the value of that site is of the people who contribute with their content. Once the remaining realize they have been shammed they may stop posting- In that instant the site dies. There used to be some interesting characters that would at least provoke thought and discussion. Now it’s just pure propaganda.

So the site is already dieing on it’s own ( in my opinion) This may be the final nail.

Cyn
Guest

“Big Mike himself got aware of the discussion and stepped into the thread over at FIO and said he will ask Al directly in his next webinar whether he can show some proof of his trading.”

Oh heavens, the sky is falling! We cannot gore the golden ox, surely not?

dtchurn
Guest

Very true the sky is falling. This is literally the first time int bmt’s history has even entertained the thought of asking questions of proof in a webinar. It doesn’t matter much now. bmt is already partially retired to ecuador. The success of CFTC litigation of SoT and a few other retail scams thanks to TS is something bmt can’t ignore anymore. Brooks is small time educator, so I doubt there will be nothing more than a few q&a.

Pete
Guest
Brooks is small time compared to School of Trade? Did you find out how much the Trader’s Expos pay speakers or is this just your imagination? You earlier speculated he makes 80K a year just from his webinars, he’s been doing that for 8 or 9 years, do the math, he’s close to School of trade’s income if the courses and books sell as much as has been speculated, there is a sizable amount of capital the CFTC could attempt to recover as in the Schooloftrade case, your discouraging people to report their issues goes against the ethos of this… Read more »
dtchurn
Guest

Brooks is small time educator. There are plenty of trading books out there sold over the years besides brooks. I’m not discouraging anyone to report, just that no one cares except you. I’m not a shill, I’m just tired of your vindictiveness on me.

Pete
Guest
Vindictiveness towards you? You make some good points in some posts and like earlier this week I contributed in a positive manner by adding my own thoughts about Brooks making far more than 80,000 a year due to RichardHK ( undisclosed Futures.io Brooks course webmaster) and others pushing his course on trading forums and this unleashed a torrent of flaming from you, suggesting I am a reckless idiot looking to get rich quick from Brooks trading course, a liar and stealing other people’s critical insights, which I only responded to after several days of nonstop abuse. Your flaming has not… Read more »
dtchurn
Guest
you started this flaming, it was all you I told you to stop tagging my posts and you wouldn’t leave it. You were wrong on so man counts. You are a reckless idiot. Stray, Rob, Cyn all saw it. You’re full of nonsense trying to hide over the mistakes you made and blaming it all . Then you go down dirtier into the cesspool talk of your own making. If you want to make a point fine. But stop tagging my posts you flaming tard. No one cares about your points anyways or your trying to get back at me… Read more »
dtchurn
Guest

you lying pos. you kept pushing it and it was nothing to do with posting about the vendor course, liar.

Pete
Guest

If Al is sim trading he can afford to have his lackadaisical attitude towards his trade management and entries and exits. Unfortunately the CFTC is not going to find it cute or amusing, with him encouraging people to trade with real money viaTradestation referrals and rose-tinted and unrealstic marketing of the trading-for-a-living dream. The primary ethical expectations a trading vendor is helping others learn risk management and trade entry and exits, not marketing mumbo jumbo, it’s high time Al Brooks faced further scrutiny and judgment for his memes.

Pete
Guest

The point is Al Brooks uses doublespeak and inappopriate and quasi-scientific language to fool his audience, “always in long” is not possible if the bulls and bears are never completely in control, why would you ever label something as being always in long when the probabilities are always undefined? Pure marketing genius.

Traderme
Guest

Makes no sense to discuss with you as you lack the basic understanding of trading. Of course there are times when bulls or bears have control otherwise there wouldn’t be any trends existing.

dtchurn
Guest

very true. lack of understanding yet bitches and whines.

Pete
Guest

ok, so you have a simple understanding which i lack and yet you bitch and whine, what the hell does that make you?

dtchurn
Guest

you’re the one bitching and whining about Brooks where everyone can see it.

Pete
Guest

I guess Bigmike is bitching about Al Brooks now. You and Al are in a lonely place.

dtchurn
Guest

lol, bmt has been partners with brooks since bmt formed. I am no shill, anyone can see that except our resident ptb. your lonely vendetta only stays in thiss naturatlth habittatt.

robert
Guest

This is worse that I expected. From the comments of “warrior spirit” it looks like Al is running a cult. Maybe not as seriously conman material as wrbtrader but still…

dtchurn
Guest

Typical kool-aid phase for “warrior spirit”. That how these shams get their monthly churn revenue in the meanwhile. Eventually he’ll wake up from it , or he’s just a shill. People want to believe at first. Right, not nearly as con like Mark Sachs or Woodie’s cult.

Pete
Guest

http://www.youtube.com/watch?v=VFvwLmTZml8&feature=youtu.be Brooks’ 2016 Expo Speech mentions ES scalping where price moves to a 1-4 point target on ES but often does not give a fill on limit orders at that price, doesn’t sound like sim trading and once again there is no disclaimer on another Brooks Moneyshow video. Tturner should ask Al why he lied about the legal status of sharing live trading results to Emmett. Al’s altruistic motives are now in doubt due to his for profit teachings since 2009 being predicated on his now doubtful but claimed live trading experience and proficiency.

Pete
Guest
Brooks cultists remain devoted to the hive-queen WASP Brooks. The sole task of Brooks’ devoted is to attack critics of Brooks. No need to explain why Brooks has been lying about his trading skill and laws/agency oversight (FNRA) since 2009. Explain Brooks’ false and evasive statements to Emmett and his public bragging of trading skill with his cynical con-man sales pitches all over social media. Brooks is a textbook example of American greed and deception. The book is now closed on Brooks with this review and subsequent public knowledge of the dark and devious side of Brooks. Brooks decided to… Read more »
pete.jpg
Pete
Guest

Is anyone wagering bets on what Al Brooks is eating for Thanksgiving?

Rob B
Guest

From all the money he was gotten from suckers who blindly believe what ever he says, I would say Turkey with

Alexander Amosu most Expensive Champagne In The World: Taste of Diamonds

as he laughs all the way to the bank with the money he is being given.

Pete
Guest

I bet Al is eating Trader Joe’s Racks of Lambs with one hand and laughing maniacally while stroking a hairless white Persian cat with the other hand while reading these comments.

Winter Is Coming
Guest
Winter Is Coming
I hate to say it Pete, but Al Brooks will be tucking in to a business as usual Thanksgiving, just like us all. He doesn’t give a flying crap about Emmett’s review, the FIO rebellion or any negativity surrounding him for that matter. Unless he produces 12 monthly broker statements at the FIO webinar, nothing will get resolved and his behavior will continue. Lovers will love and haters will hate. At least the talk of a threshold/level of entry criteria is being discussed for vendors to do webinars. Trying to nail down his broker is quite hard. The net has… Read more »
Cyn
Guest

That information is as hard to find as a cross between a unicorn and a phoenix.

Lucas
Guest
“Trying to nail down his broker is quite hard. The net has been spread far and wide but no bites yet. There are ways and means to get anything should you know whom to ask and where to look. Unscrupulous? Probably, but not illegal to look. I have already discussed that”. Walter Mitty would be embarrassed by that, Old Cliffy Clavin would spit out his beer. “Pathological lying can be described as a habituation of lying. It is when an individual consistently lies for no personal gain. The lies are commonly transparent and often seem rather pointless. There are many… Read more »
Winter Is Coming
Guest
Winter Is Coming

@ Lucas

Emmett has some reach, but even he couldn’t find anything on Al Brooks. He has managed to dig really deep on a few other ‘trading personalities’ but with Al, nothing.

So which category of lying does Al Brooks fall in to? Assuming he is of course lying.

If it ever materializes that Al Brooks is a facade, he will probably go down in history as one of the best trading stories ever told.

Lucas
Guest

Compulsive liar + sycophant by that answer… Billy Bush is coming.

Pete
Guest

Al Brooks says he has multiple trading accounts in 52traders podcast, rumor was it was with Interactive Brokers at one time. I would leave it up to an investigative journalist to verify Al’s claims, hopefully Futures Mag will investigate him now and cease sponsoring him considering his history of lies is so apparent following this review.

Cyn
Guest

Turducken washed down with Goût de Diamants champagne?

Traderme
Guest
I was member of his tradingroom in June. In this time I made 44 trades with a profit of 996.36 USD trading a one lot ES. Proof can be provided. Of course I not just stepped in and started. I have studied Al’s methods for 3 years if not longer. But after this month only everything I ever paid for Al was paid back with interest by Mr market. I just listened to what Emmett calls Mumbo Jumbo but is the best market read that you will find in the whole damn internet. Whether Al trades or he at some… Read more »
Rob B
Guest
So funny. Al Brook’s is nothing but a con artist that can show zero proof he trades live or profitably. But Traderme you are exactly why these con artist are able to scam so many people. No proof and shills just posting BS testimonials. You have been in the room since June. It is now Nov. So send those broker’s statement to Emmett, you said proof available, showing how you scalped ES profitable for the last 6 months. After all Al cannot show any proof. This industry is truly amazing. Con Artist develop some trading method, writes a book that… Read more »
James
Guest
I agree the shills are a huge problem because they give undeserved credibility to the vendors. I would love to believe that maybe a few of the success claims are true but have been burned too many times in the past. I just can’t believe that anyone is having sustained success using Brooks methods intraday. Some profitable months and yo-yoing around the breakeven level, that I can believe. But I’ve seen too much crap and been lied to too many times to buy anything else. I have had several self-professed successful career traders (who were not vendors by the way)… Read more »
Pete
Guest

Great comment James. The more I reflect on it, the more I accept that Al Brooks and RichardHK are some of the most subtly dishonest people in the trading-for-a-living industry. I have less issue with someone who is openly bombastic and full of BS, to lie subtly with extreme care as Al Brooks flagrantly did to Emmett about an issue as dangerous as day trading requires one to be a very sick if not evil person, I’m surprised Al Brooks didn’t get a 0 score for honesty.

dtchurn
Guest

radingschools.org/reviews/mook-trader/#comment-10708