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I understand that the BTC Daily setups are made from a Always in Perspective. I recently heard in an interview with Brad that Pro's don't actually trade always in as the probablities is not always great on a always in approach.
As a beginner in Brooks Price action for a long time I looked at the daily setups as the way I should trade and that those entries are all good trades.
My question is, are all those entries posted on the daily setups great trades or are some of those entries just there for the sake of Always in ?
Because if not, it would nice to clarify that one should not aim to trade like this.
Hey Fabian, I can't really answer your question since I'm a beginner myself, but I noticed you posted a question the other day that as of now is still unanswered. The same happened to me. I noticed these forums haven't been very active lately.
I had much better feedback at the official discord server ("all things trading" chat) and Mr. Carpet's Telegram group, both places are very active and I got answers quickly.
Hey Fabian,
You asked if all the entries on the daily blog charts are all "great" entries. For me, sometimes I read an entry notation as a place I would hold if I were already in a trade.
A lot of the clarity comes from the trading course videos and other learning tools. For example, I like to look at the Daily Setups Archive. Most recently I've been opening one of the sections and searching for "Always In". About eight charts will come up. I print out two blank copies. Then, I mark up one on my own. Next, I copy down the chart patterns and comments that Al has on there, and take myself through the chart bar by bar, kind of like rehearsing what I would be thinking during live trading.
Also, this weekend I watched one of Al's live trading videos, free on YouTube. It is really great to hear him gel all of the information from the course into live trading strategies. And, he rattles off the set ups pretty fast, but I can stop the video and rewind it to look at the chart and let what he says sink into my brain. I'll probably buy a months worth of BTC trading room recordings soon, but why not use the free stuff--its super helpful!
I still trade in a paper account, but I'm starting to become profitable with the Always In strategies, while slowly folding in limit order techniques for trading ranges and scalping out after 2x risk sometimes.
Good luck!
