this man is the wizard of price action. i bet no one is better than him
@spazysmalls4 жыл бұрын
Whats crazy is this applies to today as well. I always tell people start small, trade to learn, not to make money when you start. If you start trading and try to be a millionaire immediately, theres a 99.99% chance you’ll lose a lot of cash
@moody__soul41493 жыл бұрын
this man is a legend🔥
@TraderSamsara Жыл бұрын
This is a ten years old video but most comments are in past two years. I feel Brooks become more and more popular.
@daytradeatl3167 Жыл бұрын
Brooks is top tier, the learning curve and way he teaches is very steep but if you stick with it you will get better and profitable. The books are all highly publicized by Wiley Financial and his video lectures are even better. He breaks down technical charts better than anyone I've come across. He also teaches proper risk reward and probability which is why most people fail. Save yourself many hours of time wasted and learn his material. He's not teaching a 'system' he's teaching you how to read price action huge difference.
@Ayden43v3r3 ай бұрын
agree, ive learned immensely
@erannaim586711 жыл бұрын
thank you for the advices !
@amirhosseinhassani62559 ай бұрын
Al Brooks🎉🎉
@EirinTunheim8 жыл бұрын
At dental school Sir and love trading so much. Started 4 years ago.
@ope21133 жыл бұрын
4 years later are you still trading?
@iamtheonewhoknocks42883 жыл бұрын
I wanna know too
@Ss-21-167 ай бұрын
@@iamtheonewhoknocks4288 same here. curious.
@Ss-21-167 ай бұрын
@@ope2113 I stalked her ig and nothing comes up about trading. so doubt it.
@alessandrov31773 ай бұрын
Are you profitable? After how much?
@BartomiejKrzywania3 жыл бұрын
nice advice!
@gaberoyalll5 жыл бұрын
Big nest egg can be blown just as fast as small nest eggs. Just helpful thoughts. I Love al brooks hes very good
@IAmTheBlacksmithAndTheBlade3 жыл бұрын
Exactly. I read a comment the other day where a 20 year kid started of trading, and was down -20k! He didn't seem to bothered by it, good for him, I guess, but it just goes to show that any and potentially all money can be lost to the markets!
@icczy112 жыл бұрын
What he's talking about is not using it to trade FFS, but to support yourself and be able to go through drawdowns
@joeco100011 жыл бұрын
I lost money for 3 or 4 years by trading options. I will go for full time trading, even I had a PhD in Chemical engineering.
@IAmTheBlacksmithAndTheBlade3 жыл бұрын
Hi! How is your trading career going? Would love a response and have your insight into trading after so many years...
@aruljebin3 жыл бұрын
Sir, how's it going now
@mrmar-que63073 жыл бұрын
Rip?😔
@Indrazith215 ай бұрын
Brooks was here, so was red
@A-GoldenBar8 жыл бұрын
I lost over 20k in a period of 5 yrs trading options. should I get back in?
@igo0di7 жыл бұрын
i -ritical yes
@bullbear33455 жыл бұрын
You must get in, but please use simulators account to prove that you can be on positive side
@alexandrecorrea87025 жыл бұрын
you should stop trading for a while and study it.
@starwarsjunkie77764 жыл бұрын
Get a trading partner! You shouldn’t have to trade alone!
@TheStrataminor4 жыл бұрын
Wow...that's all you lost in 5 years?? Not bad, it could be a lot worse! Study it hard, and honestly Al Brook is an amazing trader....
@TheStrataminor4 жыл бұрын
3:37 shows how easily distracted I am!! lol. I love Al Brooks work...one of the best in the market!
@JustinMentionedIt3 жыл бұрын
You don’t have to lose for a few years if you learn supply and demand zones , you’ll win over half the trades if you do it right
@samanzari44583 жыл бұрын
hi .Did you make money this way?
@alessandrov31773 ай бұрын
How did it went?
@InspireSelf-u9c3 ай бұрын
Add fundamental analysis and psychology, you become a pro
@lovelehstuff3 ай бұрын
@@InspireSelf-u9care you full time?
@learnzz92555 жыл бұрын
Nice
@sandorvarga74372 жыл бұрын
Success
@OnceSomeFunATime Жыл бұрын
The subtitles "quit their jobs to become traitors"
@fxwin7 жыл бұрын
In today's markets when 90% of the trades are made by algorithms, it's a bit silly to talk about "crowd psychology" or about "competing with the best traders"...
@roroguapo37 жыл бұрын
Simon Hedim it’s not because those algorithms are trading based on instructions and systems designed by people, who are influenced by market psychology.
@fxwin7 жыл бұрын
The algos are designed to make money, so they don't really care about crowd psychology as long it's for their benefit. In most cases they actually act against crowd psychology trying to take money from the public.
@zeus95276 жыл бұрын
Maybe if you’re scalping futures/stocks. Swing trading is not subject to algorithms. I swing trade currencies, gold & S&P futures. Like he said I lost money for years until I created simple rules and followed them with intense discipline. A pessimist will never make it in this game
@ajazzshake6 жыл бұрын
@@fxwin Quote from.. Trading Price Action Reversals by Al Brooks. "Since price action comes from our DNA, it will not change until we evolve. When you look at the two charts in Figure I.1, your first reaction is that they are just a couple of ordinary charts, but look at the dates at the bottom. These weekly Dow Jones Industrial Average charts from the Depression era and from World War II have the same patterns that we see today on all charts, despite most of today’s volume being traded by computers. FIGURE I.1 Price Action Has Not Changed over Time" Image⏬⏬⏬⏬⏬ plus.google.com/+ajazzshake/posts/RLzPN2nzy6m
@jschrager236 жыл бұрын
who makes these algorithms ? humans lol
@bhp0002 жыл бұрын
And times 10 😂
@commonsense46039 жыл бұрын
Day trade ruined his face especially his eyes
@ravib23034 жыл бұрын
not his life though...he is making money.
@IAmTheBlacksmithAndTheBlade3 жыл бұрын
@@ravib2303 😂
@TraderSamsara Жыл бұрын
You believe he cannot do swing trade? He just doesn’t want to.
@everydayiscatsday Жыл бұрын
you clearly don't know him, until this day
@creepycall Жыл бұрын
Al Brooks teaches scalping and adding to losers. They are both trading methods which have negative expectancy in long run and will make you lose money.