High probability trades discussion BPA trading room Q&A: February 11, 2016 Question 1 of 3: What is the highest probability trade today? Video duration: 6min 04sec You can also view this video on Al’s YouTube Channel if needed. High probability – not the whole story Now, that is a very interesting question, okay, because it […]
Ask Al: Cognitive dissonance in trading
Cognitive dissonance or bias when trading BPA trading room Q&A: January 27, 2016 Question: Often, especially in a trading range, it always seems like the current leg is about to reverse. Sometimes I have a hard time imagining the leg will continue. Do you ever struggle with this kind of cognitive bias? Audio duration: 2min […]
Ask Al: Market correlation
Market correlation: Emini and bonds (or others) BPA trading room Q&A: June 16, 2016 Question: You mentioned the correlation between Bonds and the Emini. Is it worth watching for confirmation of the trend in the Emini or does it not have any effect on your trading? Audio duration: 5min 13sec Market correlations 50/50 I think […]
Ask Al: Always In and Major Trend Reversal trading analysis
Always In and Major Trend Reversal trading setups BPA trading room Q&A: November 6, 2015 Question: Could you give your perspective on the day for Always In trading and Major Trend Reversals? Video duration: 2min 33sec You can also view this video on Al’s YouTube Channel if needed. Always In trading From an Always In […]
Ask Al: Trading psychology issues
Lacking confidence, making mistakes, and fear BPA trading room Q&A: October 13, 2015 Question: I was able to read the price action pretty well today, but have a hard time trusting my read. Do you ever have the same problem, and do you have any suggestions? Video duration: 8min 10sec You can also view this […]
Ask Al: Al Brooks podcast at 52 Traders
Dominating price action, probability, and where to buy vs sell A podcast special event this week with Al Brooks by Cam Hawkins of the 52 Traders website. Podcast was first published on July 13, 2016, and replicated here with the kind permission of the producer Cam. In the podcast Al revealed to Cam: 3 indicator […]
Ask Al: Trading size with one or two one-point scalps a day
A few one-point scalps each day? BPA trading room Q&A: April 11, 2016 One-point scalps are a hot topic. Questions keep coming from traders so this extract gives more discussion along with chart scalp examples.Question: In your first book you say that a person can make a decent living by taking a one point scalp, […]
Ask Al: Live trading room commentary
Live trading room commentary sample BPA trading room Q&A: March 28, 2016 Question: I am stuck! Do you have a live trading room where we can look over Al’s shoulders or others who are consistent like him to APPLY in REAL-TIME what we have learned? Believe me, I don’t need to ask questions, just listen […]
Ask Al: Trading leverage
Trading leverage or margin needed BPA trading room Q&A: May 7, 2015 How much trading leverage do you use? For example, say the minimum initial margin on the Emini is $2,500 per contract, how much capital would you actually commit to trading this one contract? Video duration: 5min 5sec You can also view this video […]
Ask Al: Skunk stops
Skunk stops—taking the middle road BPA trading room Q&A: April 13 & June 9, 2016 Question 1: I sold the 14 close, okay, and scaled in, closed out above 13. [That makes perfect sense. I think that’s reasonable.] I bought the 26 close and scaled in, closed out below 24. [Okay.] Can you comment on […]