Limit and stop order trades probability? BPA trading room Q&A: January 27, 2016 Question: When buying with limit orders, how does the probability need to play versus stop orders? 40 percent? 60 percent? Video duration: 2min 32sec You can also view this video on Al’s YouTube Channel if needed. Using wide stop, scaling in Well, […]
Ask Al: Psychologically incapable of trading?
Psychologically unfit to trade?BPA trading room Q&A: April 5, 2016 Question: Do you think some people are psychologically incapable of trading successfully? Later on this year, I’ve been trading for a decade, and no matter how small I trade, the account just gets smaller every month.Audio duration: 5min 16sec Trading psychology help in abundance There […]
Ask Al: Missing swing trades, measured moves, trading spikes
Missing swing trades BPA trading room Q&A: April 5, 2016 Question 1: I did not sell once between 48 and 58 since I constantly was thinking near support, trading range bottom on the left. Any advice on this? Video duration: 7min 33sec Big up, big down So he did not sell between 43 and 58. […]
futures.io webinar: Losing because of mistakes
Stop losing when a good trade goes badCorrecting mistakes Here is Al’s full webinar replay with futures.io (ex Big Mike Trading). Video duration 1hr 24min. Webinar topics Bad psychology False beliefs about how markets work Bad trade selection Using wrong stop Managing swing like a scalp Managing scalp like a swing Presentation date Date: Thursday […]
Ask Al: Trading maximum position size
When to trade maximum position size?BPA trading room Q&A: July 6, 2016 Question: Do you ever enter trades at your maximum size, or do you always allow for a possibility of scaling in?Audio duration: 2min 15sec Context rules – size accordingly A lot of times, I just do my maximum size. Like in this kind […]
Ask Al: Tight stops selling wedge top
Tight stops with wedge top setups BPA trading room Q&A: April 1, 2016 Question: Will you explain again, with context, why selling 68 high for a scalp is a good trade, for a stop four to five ticks above. With context, when is it not a good trade? Video duration: 2min 57sec You can also […]
Ask Al: Trading Room “Don’t follow Al” advice follow up
Trading room advice traders can follow? BPA trading room Q&A: October 12, 2016 Question: In a prior Q&A that was just posted as a [Ask Al] video, you understandably advised people not to blindly follow, or mimic any trading guru, yourself included. Given that, how do you recommend people utilize the daily webinar to be […]
Ask Al: Swing trades on Open
Trade selection — bad swing trades BPA trading room Q&A: July 27, 2016 Question 1: I bought the open for a swing up. Sold the B4 high, for a swing down, and then bought above B6 for a swing up. After which I was too upset to continue. Can you comment on these trades? Video […]
Ask Al: Live trading room commentary
Al Brooks’ live trading room BPA trading room commentary: April 5, 2016 An extract from Al’s trading room today, in response to many requests for some insight into how room operates. You can find a one hour sample on the Learn to Trade/Trading room menu link above. A more recent sample of the room will […]
Order flow support for price action trading
Order flow trading — Video below Al Brooks’ trading room Q&A Order flow trading, in the guise of DOM (Depth of Market) trading, and the ubiquitous Time & Sales, has generated a number of questions over time in Al’s trading room. Al’s response is consistent with what you would expect: we do not need anything […]
