BPA trading room Q&A: December 10, 2015 I bought higher into an upswing. Under which cases would I hold it all the way to the logical stop versus getting out sooner? Bar 3 as an example.Video duration: 2min 46sec You can also view this video on Al’s YouTube Channel if needed. Video transcript — […]
Ask Al: Advice for swing traders staying Always In
BPA trading room Q&A: November 20, 2015 Any advice for a swing trader who wants to stay with the Always In direction until the Always In clearly changes how they do this today? Video duration: 4min 24sec You can also view this video on Al’s YouTube Channel if needed. Video transcript—Swing traders staying Always […]
Ask Al: Nike stock chart review
BPA trading room Q&A: December 23, 2015 Can you talk about the Nike five-minute chart? Video duration: 7min 40sec You can also view this video on Al’s YouTube Channel if needed. Video transcript—Nike stock chart review Nike—not an easy day’s trading Yeah. Nike was an interesting chart today. So was Freeport-McMoRan, it was way oversold […]
Ask Al: When to use scaling in techniques
BPA trading room Q&A: October 2 & 6, 2015 Regarding scaling in, you often say traders scale in one point above or below and two points above or below. Sometimes you say scale in only when you get another good signal bar in the direction of your first position. How do you decide when you […]
Ask Al: Trading range breakout failures
BPA trading room Q&A: September 22, 2015 Days like this really destroy the progress I’ve built up for weeks. I usually sit aside. I tried today and got tricked into going with breakouts that looked strong. Can you talk briefly again about tips to not get into these awful trading range breakout attempts? Audio duration: […]
Ask Al: Can I make a living trading pullbacks?
BPA trading room Q&A: August 28, 2015 I’ve been trading pullbacks — high probability, low-risk entries. Can I make a living trading pullbacks? Video duration: 1min 54sec You can also view this video on Al’s YouTube Channel if needed. Video transcript Trading pullbacks for a living? Absolutely, but a lot of them are hard. Today, […]
Ask Al: Still learning—getting emotional
BPA trading room Q&A: May 13, 2015 When you were still learning and working on minimizing emotions, did you try to avoid excitement or feeling good about winning because, in turn, that may make you upset about losing? I’ve noticed this and was curious about your take on it.Audio duration: 1min 51secs Starting out […]
Ask Al: Breakout pullbacks trading 4 point stop for 1 point scalp
BPA trading room Q&A: September 4, 2015 I trade breakout pullbacks. I always need three or four-point stops to make one to two points. Is that acceptable? Video duration: 5min 13sec You can also view this video on Al’s YouTube Channel if needed. Video transcript Scalping breakout pullbacks with wide stops I do that all […]
Ask Al: Why institutions sell when I buy a successful breakout
Emini weekend update Q&A: November 28, 2015 Something different this time on fading breakouts. While writing the Emini Weekly Update this weekend, and with the Emini at such an interesting position going into the month end, Al wanted to address a common question on “Why would the institutions fade the bull breakouts we have seen? […]
Ask Al: Problems on road to trading profitability
BPA trading room Q&A: August 28, 2015 On your road to profitability, you sometimes had doubts that you can get there. Can you explain what got you through those tough times and, being that it’s such a personal journey at the same time, how did you communicate these issues to inquiring minds? Audio duration: 9min […]