The Godfather of Price Action Trading! Speculators podcast with Al Brooks.
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- เผยแพร่เมื่อ 30 พ.ค. 2024
- Enjoy this jam packed Spectators podcast with Al Brooks and Aaron Korbs. Full of invaluable price action trading gems from Al. Aaron asks many excellent, and very relevant questions for which Al gives clear, profound answers for all levels of trader to benefit from.
Chapters:
0:00 Introduction to Al Brooks
2:37 Balancing Humility and Strategy in the Market
6:18 Blending Discretion and Method in Trading Decisions
9:20 E-Mini S&P: The Go-To Choice for Versatile Trading
17:12 The Key to Informed Decision-Making in Markets
29:40 Strategies for Adding to Trades That Defy Expectations
33:08 Balancing Risk and Reward
36:08 Five-Minute Bars: A Key Focus in Trading Strategy
39:05 Choosing the Right Trading Time Frame
46:00 Analyzing the Efficiency of Different Chart Types in Trading
49:22 Optimizing Trade Entry
53:45 Trading Market Opens: Identifying Early Trends and Traps
57:32 Maintaining a Balanced Mindset in Trading
1:08:55 Overcoming Hesitation in Directional Markets
Visit the Brooks Trading Course website for Emini S&P 500 and EURUSD Forex daily reports, weekend market analysis reports, many articles, audio and video extracts, and much more.
Website Blog: www.brookstradingcourse.com/p...
Facebook Group: / brookstradingcourse.of...
Discord Server: bit.ly/btc-discord
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Who is Aaron Korbs
Aaron Korbs is a professional Futures Day Trader expert in Auction Market Theory, Order Flow & Volume Profile. The founder of Tradacc.com and creator of Funding Accelerator™ and the Profile Method™.
go.tradacc.com/m/korbs
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Risk Disclosure:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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Good job as always! With the right info this stuff is quite easy, fun and rewarding than people think!
I started in 2013. Scalping! In 2017, my PTD career kicked off with proper capital. The next year, I was over a hundred K in losses over that 10 years. But, once I got it down, in line and found my footing, I was able to earn that back inside of 6 months. Basically it took 10 years to lose $100K as a students, and 6 months to earn 100K as a pro trader!
Kudos! Indeed I have to admit if you have a good risk management strategy and approach the market the right way it can be very lucrative… although I make more off NFP, I made over $289K since August last year!
You’re killing it out here, Antonia. Stay positive and stay the course! Consistency is everything.
u must be quite skilled to be engaging in such trades, if u don’t mind How do u go about it?
Don’t be fooled with so much reward also risks. I was, and really still am, a complete rookie at this stuff. I made my share of mistakes before starting for sure but I’m trying to improve little by little hence I know the need for professional guidance.
Al Brooks - G.O.A.T.!! 🐐 ...best trader ever - The Godfather of Price Action!
I agree!
Serious question. How do you know? Does he have a proven track record? I.e brokerage statement?
@@eclipsegt0023 lol i guess you have to find out.
@@eclipsegt0023 i saw his coruse and im profitable for years
@@eclipsegt0023you must first know his method and understand the market the way he does, and then, you'll get your answer my brother. he doesn't have any golden setup, he always sees the market as the way it really is, and that is 80 percent of all breakout attempts fail, and when you learned how to trade them, i mean fade them, you are gonna be a profitable trader
If you have the patience to listen to the end, you will know this is GOLD!
Keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to Flora Elkins insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It is really refreshing to see a comment about Flora Elkin.I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Flora Elkin's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Al Brooks really is in a league of his own when it comes to teaching pricing action. Many traders are profitable because of him.
Trading in your comfort zone is definitely an understatement! Thank you for your timeless wisdom, Al. 🙏🏻
Thanks Al brooks sir ❤,I remember 1 thing sir ,if market tries to do something twice and if it fails ,then it will do the opposite. This is 100 billion advice and I follow daily.❤
Al ❤ seeing him smiling about his children and grandbabies is adorable. I am so excited to work through his next series of books! I anticipate the challenge will take me a year + for the first read through haha
Don't forget his video course. It's great and adds a lot for those who have read his books. Just be patient, it takes a lot of time to master. .. Cheers
Al is a genius...love this man so much! Very happy he has given his time to help so many people! What a treasure!
58 seconds in and I already love this interview. TH-camrs are all negative and act like there’s one way or another best way to trade. Everyone has different personalities and different skills and needs to find what works best for them. Anyone can make tons of money in the market. Be patient, persistent, nice to yourself and you’ll be successful
Al Brooks is the best. Hands down!
Thank you AL for everything you do
love al brooks thank you for having him
Currently learning from his training course. Tones of knowledge.
Thanks please keep this man talking
Great Albrooks❤
at 58:44 when you say I suffered a lot, it hit me really hard, I hope my sufferings also pay off something
《高级波段技术分析》is a great book to learn price action, watch you came out front of camera again feels great 👍 thank you for your hard work❤
Very good conversations. Thanks.
Amazing amazing 🎉🎉🎉
Thanks Al
The goat of price action.
Love AB. Appreciate this content.
Good talk
Love this guy
Its going to be so easy to put all this in algorithm and let it do the work for you
we miss you here Al
Hi Master
How and with what method can it be determined in advance when the bars are forming in live, whether that point is the bottom or the top using the price action method?
Please guide me.
Thanks
what day was this interview done? He is referring to a collapce at the end of the day...so I want to look at the chart as he is explaining
Not sure but I'm guessing the 20th of December.
gem!
Firstly, I would like to deeply thank Mr Al Brooks, for his work and dedication, and thanks to him we have a chance to change our lives. I started last year with your enlightened method, but I'm still not consistent for emotional reasons. But one day I will make it!!! Mr., who is an American, a doctor, a mathematician, took 10 years... I'm scared, because I'm Brazilian, a soldier and it might take around 100 years. (laughs).
I don't know if this email will reach you, but one day I will fulfill my second dream, the first is to be consistent and the second to take a photo with you and sign your books. Stay with God and today you are here in Brazil and I felt enormous sadness that I could not meet you in person..
You deserved a NOBEL!!But God is fair....
Al my sensei 👍
Hi, I have made a robot to check the
strategies of Al Brooks. Through the
tests, I realized that the probability of
winning in the strategies introduced by Al
Brooks is 33.4% and not 40%.
Facts
I believe its better you follow someone who has condensed his system in some ways than follow him directly . you'd go nuts
Who has a condensed version?
In my opinions breakout trades best to trail stop bar by bar because breakout bars almost never fall below of previous bar and no point keeping stop far aways at beginning of breakout
Al is fantastic, but 2000 charts and patterns? How can you assimilate that?? It's too much despite his awesome PA / TA knowledge but I can't use that (I can boil it down to 10 most profitable setups but his intellect and trading acumen is next level!!).
how confusing is that Avery bar is setup help so confusing is that ?????
On every bar you can decide best probability for taking long, short with apropriate stop... it all depends on the phase of the market cycle (BO, channel,TR) Support/resistances, etc..... , and Always in Long/Short direction.... any bar can be signal bar, if you can put it in right context... but that doesnt mean, you have to... :)
Thanks for your reply. it all depends on the phase of the market cycler support/ resistances etc . best not go long or short on every bar look for the cycler / resistance or look throw 10,000 of ( ET) Al Brooks charts to find a match or just practice and practice like a football player but at the end of his or her practice that come out on to the pitch and display there skills. than why not Al Brook ( ET ) NO ALL HIS TRADS ARE HIDEN FROM SITE.He talks a good talk but not see him walk the walk @@vitkom3297
1 bar in 1hour is 12 bars in 5 minutes.... and 1bar in 5 minutes is 5 bars in 1minute. Don't' act stupid.
❤❤
What is the globex high / low?
24 hour chart.
pre market session or after market session
Globex = Highest and lowest Price During 16:10 PM(close) New York time to next day 9:30Am(open) New york Time
I thought it was Dr. Al Brooks.
11:00 15:06 38:24
I need an extra brain for all this lol
❤🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹
idid not know pewdiepie is into trading
Its was 999 like and i make it 1k .
im only profitable on 1 min chart .
Definitely Al lost the interviewer somewhere when he started to discuss real price action , you can see his frustration of not understanding what Al is talking about.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, making it difficult to find ourselves back to our feet. My biggest advice is to seek the services of a professional just like i did when i ventured into it for the first time. Big thanks to Liliana Pena. I now make huge Profits by weekly through her services while still learning to stand on my own.
I think she trades for everybody I know. Met her twice at a seminar, after her lecture I had to personally beg her to be my Financial Advicer. All thanks to her.
Liliana is Definitely the best so far. she always surprises me with amazing results.. We also plan to surprise her. You must have heard of it.
I'm new at this, please how do I reach out
I have never seen a trader as open and transparent as Liliana with her clients. The way she decides to make a profit for her clients. She allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos. but this word should be included. She is really cool
She interacts mostly on Te I e g r a m. Below is her info
I have read all of Al's materials (Futures magazine articles, and books), and definitely see some value in them; but the description of this podcast is way over the top to the point of being personality cultish and, to be frank, a little creepy. He is NOT the "godfather of price action." Many of his ideas were around way before he started trading. He is (apparently--we have no definite evidence) a profitable trader who has made a great side income selling books, websites, and other seemingly useful materials. Nothing wrong with that, but there is no need to get carried away.
Couldnt be more wrong about him... u probably never seen him live trading
U are talking nonsense my friend al brooks is best price action trader to ever leave on the earth. I traded for ten years and failed through out until i started watching al videos on price action and everything shifted for me is life changing
@@stefanosepulveda6676 I have read that he doesn't actually trade. He just talks.
I’ve seen him trade live at his workshop October 2022. He’s the real deal. He didn’t lose 1 trade the last day
One day's trading might be nice to a novice, but wouldn't you agree that a trader who is interested in demonstrating his legitimacy would release to the public years of verified brokerage statements? Has he ever done that? Not to knock the guy, but plenty of traders have traded live in front of a paying audience. @@emr9411
No track record; nothing to believe.
someone please point me to videos where Brooks actually places live trades. do they exist? if not, there's no point in watching these endless hours of armchair trading with word salad descriptions
Ok bye
He did a few on the 15 second chart and posted it on his TH-cam channel.
Brooks like a younger man decorated to look old. Skin younger than should be unless the video is low quality or soft and hiding it
Ok Buffalo Bill🤣
There is no substantive evidence that Al Brooks is even a profitable trader. He has never revealed his long term trading metrics. All of his videos and marketing is based on theory and after-the-fact critique. He has built a great marketing strategy, but has thus far refused to disclose his long term trading performance.
Nick name for Al Brooks is ET some one from outer space. so Ai Brooks is ET and look like him and I with all my researching, I have never seen him trade live ???? Godfather of price action where so where is this acton ???????so come on you ET fans come lets see it
Stick your mug in that beehive and farrrk up🤡
do you want him tp show you super cars and Rolex watches or what?
@@attainfxme
@@attainfxI want