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 […]
Ask Al: Strong and weak bulls and bears
BPA trading room Q&A: September 18, 2015 Can you explain why, in a strong trend, the biggest bars are always in the opposite direction? Video duration: 3min 34sec You can also view this video on Al’s YouTube Channel if needed. Video transcript Always keep both bulls and bears in mind I do talk about it […]
Ask Al: Scalps versus swings for beginner traders
BPA trading room Q&A: September 18, 2015 Al was asked why he takes so many scalps, and few swings. Yet for beginner traders he absolutely recommends looking for swing trades. Here’s why. Video duration: 9min 3sec You can view this video on Al’s YouTube Channel if needed. Video transcript Beginner traders should look for […]
Money Show webinar — Entering late in trends
Al Brooks delivered a webinar for The Money Show on November 3, 2015. Al used slides shown at his Las Vegas Traders Expo presentation on “Entering Late in Trends”. All slides were from the upcoming new version of the Brooks Trading Course. Here is the full video presentation (46 mins): You can also […]
Ask Al: Making profit then passing on trades
BPA trading room Q&A: September 28, 2015 When I’m making some profit, I tend to become very careful in my decision-making and I end up missing a lot of trades. What should I do? Audio duration: 3min 45sec Audio transcript Making profit but then being too careful That’s okay. Here’s my thought on that. […]
Ask Al: What trading drawdowns to expect
BPA trading room Q&A: October 6, 2015 What kind of drawdowns should a trader expect at different stages of their development? Audio duration: 7min 09sec — Scroll down for chart references at end Audio transcript Trading drawdowns — Your risk on any one trade Well, obviously that’s very open-ended and there’s so many variables, […]
Ask Al: Second leg traps in trading ranges (USDJPY)
BPA trading room Q&A: September 28, 2015 I had a situation this morning at 09:00 EDT (06:00 PDT), on the 5 minute Dollar versus Yen Forex chart. It was late in the bear trend, price formed a trading range and a higher low… we had a bull breakout, but a lower high, and at the […]
Ask Al: Where does the price action trader’s edge come from
BPA trading room Q&A: October 2, 2015 Can you talk about where the price action trader’s edge comes from, especially when institutions are very good at price action and can hire the best traders? Audio duration: 4min 34sec Audio transcript Do not worry about institutional trader’s edge My thought is that’s irrelevant. If the […]
Ask Al: Trading course update samples
Support & resistance; Trading breakouts
BPA trading room Q&A: September 15, 2015 Al was asked for any news on the Trading Course update. Listen to and/or read Al’s response, and watch two sample videos showing the deep level of work and detail that Al is going to. The video samples have no audio, but contain all content and animations stepping […]
Ask Al: Limit order days anxiety
BPA trading room Q&A: June 23, 2015 When you get quiet days like this, I get the feeling of anxiety while being in the market. I get a feeling that a sudden, big move can come at any time against me. Is this is a valid concern since the volume tends to be low? Plus: […]