Watching Time & Sales while trading BPA trading room Q&A: April 7, 2016 Question: Do you watch Time & Sales? And is there any benefit to it? Video duration: 3min 13sec Time & Sales no benefit There’s totally zero benefit to it! Also, a lot of Time & Sales is garbage. TradeStation, if you’re looking […]
Ask Al: Trading days easiest to lose on
Trading day types losing money BPA trading room Q&A: December 15, 2015 Question: What kinds of trading day types do you find it easiest to lose money on? Video duration: 3min 37sec You can also view this video on Al’s YouTube Channel if needed. Trading stupid! I’ve lost money on every kind of day that […]
Ask Al: Is watching Market Breadth helpful?
Market Breadth and other indicatorsBPA trading room Q&A: November 17, 2015 Question: Do you think watching [Market] Breadth is helpful?Audio duration: 4min 19sec In this to make money I’ve watched Breadth and I’ve watched TRIN and I’ve watched TICK. I’ve watched all kinds of things over the years that different people have talked about how […]
Ask Al: Make money following Al Brooks?
Make a living following Al’s trade suggestions? BPA trading room Q&A: February 29, 2016 Question: I’m still struggling to make money. If I just follow your trade suggestions, will I be able to make a living until I get good? Video duration: 11min 15sec You can also view this video on Al’s YouTube Channel if […]
Ask Al: Buying and selling pressure
Buying and selling pressure areasBPA trading room Q&A: June 9, 2016 Question: I’m interested in knowing how you know certain areas are going to be bought and sold above and below. I’m sure that you’ve mentioned automated traders before.Audio duration: 4min 32sec Trading logic To me, it’s just logic. I’ve made any mistake that you […]
Ask Al: Breakouts, when to exit or hold?
Breakout pullbacks — Exit or hold BPA trading room Q&A: October 2, 2015; June 28, 2016; July 6, 2016 Question 1: Al, if you buy a breakout, how do you determine when to get out breakeven and when to hold through the pullback? Video duration: 6min 02sec You can also view this video on Al’s […]
Ask Al: Countertrend trading
Countertrend trading wiped out winners! BPA trading room Q&A: June 16, 2016 Question: I bought the 14 close, okay, and took a 16-point swing but decided to keep trading and got short many, many times and wiped out significantly more than I made up to that point. Is there anything about today that was a […]
Ask Al: Upsizing advice for consistently profitable trader
Upsizing advice process and default sizesBPA trading room Q&A: August 1, 2016 Question: For a trader that is consistently profitable and now working on increasing size, can you offer any advice on a good process, and defaults for sizing up in your experience? Make $1 million a year? Yeah. I can tell you that it’s […]
Ask Al: Book recommendation trade probabilities
Trade probabilities and managementBPA trading room Q&A: July 17, 2015 Question: Which book do you recommend for learning to identity trade probabilities and trade management?Audio duration: 7min 55sec Book recommendations? I don’t read books; I write books. I know that sounds narcissistic and I probably am a narcissist, but I don’t have an answer as […]
Ask Al: Trading range days—Two legs or swing
Trading range day swing tradingBPA trading room Q&A: August 12, 2016 Question: I bought the 17 close — okay, that makes sense — for a swing trade using a wide stop, then scaled in on the way down and took the loss. Okay.Video duration: 7min 11sec You can also view this video on Al’s […]