BPA trading room discussion: March 5, 2015 Discussion during webinar after potential first leg of bear channel was forming at about 08:11 PST. Al talked about trade management – in particular position sizing considerations – for traders who were scalping or swinging a trade from the start of the bear leg. Audio duration: 2min 45sec […]
Ask Al: Bull scalping in a bear channel
BPA trading room Q&A: April 21, 2015 I bought above bar 35, going for two times risk, stop below bar 28. Ended up getting out during bar 52. How would you have managed this trade?Audio duration: 1min 45sec — Scroll down for image Audio transcript Whenever I see a lot of scalping going on, […]
Ask Al: Beginners starting out—paralyzed
BPA trading room Q&A: January 30, 2015 I’m a beginner. I often find myself paralyzed and afraid to take a trade. Even if I’m sitting here and ready for the trade. I was waiting to get short on bar 20, but with bar 19 did not want to get in below a bull bar. Any […]
Ask Al: Trading for fun will get you fired!
BPA trading room discussion: April 14, 2015 Discipline—While discussing trading opportunities in a tight trading range, Al talked about how trading just for the fun of it will get you fired — if you worked for Goldman Sachs! If you are your own boss, you will simply exhaust your account balance.Audio duration: 2min 11sec — […]
Ask Al: How long before consistently profitable?
BPA trading room Q&A: February 11, 2015 How long did it take you to become consistently profitable after you started trading?Audio duration: 5min 28sec — Scroll down for images Audio transcript I lost money for probably 10 years, and my problem was – it wasn’t that I was not smart enough; it was probably that […]
Ask Al: Trading and Stress
BPA trading room Q&A: April 1, 2015 In general nowadays, how much stress does trading bring into your life? And have you gotten less stressed in general as you developed to depend on yourself?Audio duration: 3 min 47 sec — Scroll down for image Audio transcript I love trading. Any time you take a […]
The Traders Expo, Las Vegas November 2014
Scalping the Emini Open
Al Brooks was one of the many distinguished speakers at the Traders Expo in Las Vegas, Nevada, USA. The event was held at Caesars Palace Convention Center with Al presenting on Saturday the 22nd. The presentation was recorded by the MoneyShow organizers, but sadly the video quality is not very good. We extend our apologies, […]