Two trade management examples BPA trading room Q&A: April 27, 2016 Question 1: I shorted above 66, okay, thinking that there might be a pullback for a scalp. Instead, I exited for a loss even after scaling in. Can you comment on this trade? Video duration: 5min 00sec You can also view this video on […]
Ask Al: Trading progress — getting rid of losers
Make trading progress: get rid of mistakes BPA trading room Q&A: March 23, 2016 Question: If it wasn’t for the occasional outsized loss, I would be in much better shape on most days. Do you think that knowing when to just take your loss immediately is one of the things that separates a success from […]
Ask Al: Scalp or swing to supplement income
Supplementing income with trading BPA trading room Q&A: April 1, 2016 Question: I’m a senior looking to supplement my pension by trading. I’m not just looking to make a fortune, just a steady, consistent income. Do you think it’s better for me to scalp, or swing trade, or should I do some of both? Video […]
Ask Al: Market profile for trading
BPA trading room Q&A: March 30, 2016 Market profile is a popular trading system for many and Al was asked whether or not he uses it in his trading. Audio duration: 4min 12secs Market profile not for everyone! Somebody asked about market profile. Do I use market profile in my trading? I spent a […]
Ask Al: Outside Bars
Significance of outside bars BPA trading room Q&A: August 17, 2015 Question: What’s the significance of outside bars like 5, 7, and 29? Video duration: 2min 54sec You can also view this video on Al’s YouTube Channel if needed. Context important Outside bars — I talk about them in the books and the video. They […]
Ask Al: Profitable trading skills — how long?
BPA trading room Q&A: March 30, 2016 Question: How long would you suspect it takes to build a sufficient skill to become consistently profitable? Audio duration: 4min 45secs Trading skills for consistent profitability That is such a personal issue. It took me 10 years to figure it out. I’d come out of a medical […]
futures.io webinar: Distinguishing strong legs within trading range from those within trend
Strong legs in trading range versus trend Here is Al’s full webinar replay with futures.io (ex Big Mike Trading). Video duration 1hr 33min. You can also view this video on the futures.io YouTube channel. Webinar outline points covered When there is a strong move, look for early signs of evolution into a trading range […]
Ask Al: Pullbacks—when to enter
Entering pullbacks BPA trading room Q&A: March 18, 2015 Question: I have trouble working out when to enter on a pullback directly above or below the prior bar, or one point above or below. I want to wait for a deeper pullback, like a 50 percent pullback before entering. Any tips on when to get […]
Update on Al’s recent surgery
Hi, everyone, My doctor today gave me the path report from last week’s surgery, and I have enough information to now talk about my medical problem. I was diagnosed with prostate cancer several weeks ago, and had a radical prostatectomy last week. Jerry Brown, John Kerry, and Colin Powell also have prostate cancer and appear […]
Ask Al: What breakthrough to become successful trader
Becoming a successful trader BPA trading room Q&A: November 13, 2015 Question: What is the breakthrough that you have gone through to become a successful trader? Video duration: 3min 28sec You can also view this video on Al’s YouTube Channel if needed. Indicators based on bars–so watch the bars! For me, the single biggest change […]
