He is simple, precise and to the point. So many wisdom bombs dropped with zero exaggeration. It's rare to see such brilliant teachers in this era of clickbait.
It's always nice to listen to someone whose voice carries the weight of experience, time and wisdom. The real risk in the market is the uncertainty of the future. The more uncertain the times, the riskier taking long term bets becomes. We are in a time when assuming the future will be like the past is foolish in the extreme. Scalping makes much more sense for times like these -- you need to think about the time exposed to the risk of some wacko blowing something up, or some crook being revealed as having scammed some big bank.
At first I used really tight stops. I figured if I minimize my loss amount, that it's being conservative, and I will make a big trade every now and again. Didn't work, especially in crypto with volatility. Your positions are almost certainly going to be in the red at one point, in almost every position. Sure enough the market would often dip just below my limit sell then reverse. I figure that's because I'm doing what seems obvious, just like every other noob, and so that's where lots of orders are placed. Now I do the opposite. I don't set stops really, I set up the trade so that the liquidation price is at a level that I consider extremely unlikely to hit. This takes some more courage... Sometimes my trades go deep in the red, but if I stick to my guns and analysis, not only do I hold it, I add to the position on the way down... Then when the market reverses, I exit below my entry and still profit, and if it's a strong reversal sometimes I make out quite nicely. Most trades fluctuate into red and green, but if you can confidently predict the overall flow and trend of the market, you just maintain your objective, and you will find a nice spot to sell. Nothing feels better than setting a stop deep into the profit. Anyway most of my trades now are successful, sometmes it takes longer to ride them out, and this ties up cash, but its way more profitable overall. Maybe it goes below, and I get screwed on one trade, but, I've made lots while it ranges. Sometimes I've even had to add margin to extend my liquidation price a couple times because of unexpected dips, so really you need a high ratio of capital vs trade allowance. I only use futures with 5% of portfolio at the very most, and trade fractions of that per position. It's ike poker, it's a lot easier when you are playing with more chips than the other players. You gotta know the marrket too. I've been succesfull with crypto lately knowing that there is massive support at 18k btc. Maybe it dips below someday and I get screwed on a trade, but I've made a lot more while it has been ranging back forth over from 19-22. Also the fees are very low, so you can make small positions, and make high volume of trades without the fees being quite as high. Also there is a lot of inexperienced traders in crypto right now so pivot points are relatively easy to anticipate.
This might be one of the single most accurate and useful scalping videos I've ever seen. Lots of real world use cases that most just don't give you. Well done.
Here is an advice for every upcoming trader, first make sure you research for a strategy, secondly if you decide to get a mentor make sure he is a registered investment adviser/broker these days you have to be careful a good way to start your career is researching *Nicholas Alexander Kelly strategy* the strategy is currently working and the creator is registered as well so there you go.
Watched this video many times without understanding a lot in it but every time I understand a little bit more (specfically about scaling into a position that is going against you) incredible wisdom and experience... Thank you 🔥
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
Sir I don't know how to thank you... it's been 6 years since I was constantly losing money and then a year back I found you and started trading the way you make logic for things now I scalp m1 chart all with ur rules and I make 400 to 600 usd daily by scalping for one point of gold... The only thing which is keeping me away from losses is my big account, no stops and low leverage.. I always scale in and and try not to get panic in situations where market make sudden moves and I add some risk at the point where others are existing their positions.. Lots of love and respect from 🇵🇰
Mr. Brooks. I have been successfully trading for 20 years. Found your books about a year ago! great assets and very easy to understand once you put the time in "LINE BY LINE" of your books. I posted a few of my scalp trades on my youtube channel all LIVE trades. you inspired me to open a video channel. ha i don't have much time outside of my work (trading) but wanted to thank you for your great ideas on the craft!
Dr. Brooks, I just bought the three book series. It is dense difficult reading, but so useful, thoughtful and full of experience/wisdom. I was hooked when my opinion from experience matched your thinking on indicators and some "gurus". Thanks for this insightful information on scalping. I find a line chart priceless in making trends starkly vivid and candle charts for necessary details that enhance decision making on trades.
What u r saying answers so many questions and hyphotesis in my head. I especially appreciate the high win ratio, risk being more than reward, using stops to enter positions. This is counterintuitive to most of the easily available info. As I've done more scalping, i gavitated more towards what uve mentioned. Its good to have confirmation.
Y r Such a great mentor, teacher, trader, incredible person Al Brooke, gone through all your books written on Trading. Being Doc u look the Candle sticks at Microscopic Level
Here is an advice for every upcoming trader, first make sure you research for a strategy, secondly if you decide to get a mentor make sure he is a registered investment adviser/broker these days you have to be careful a good way to start your career is researching *Nicholas Alexander Kelly strategy* the strategy is currently working and the creator is registered as well so there you go.
Thank You Al Brooks for your good video. You start with understandable things, as a beginner, I'm delighted to have had a 100% comprehension of your content.
As a software engineer I have always had a veneration towards the mitical books of Donald Knuth (pure computer science). I never imagined that there could be something equivalent in the trading world ... until I found your books, Mr. Brooks. As with Donald Knuth, not an easy reading certainly, but worth the effor for its enormous knowledge and wisdom. This video is wonderful too; really to enjoy. Thanks a lot for sharing.
the way this is presented is gold. There is no knowledge assumed on the part of the viewer and insights about the chart are PRESENTED IN TEXT. Meaning you don't have to rewind constantly to figure out what he just said.
Yes I love the printed text too, as I am taking notes. I can't tell you how many times I have to stop and start other peoples videos to get it all down when they talk fast. I know that this gentleman really wants you to learn- he's not just after RUclips views.
I am currently trying my hand at writing code for Algo Trading. i knew scalping is not possible for me manually. But with a program I thought I would give it a try. Thanks to this video I will not get distracted from swing trading. Will try to get consistent profits from swing trading and then try my hand at the scalping trading engine ideas I have at present. Thanks a lot.
Thank you so much for this video. I have been trying to trade successfully and had decided scalping was the way to go.....until now. For the first time, I am convinced to try trading a longer term time frame. Thank you, and I will be watching your other youtube videos, and perhaps I will be able to become one of your students.
Dr. Brooks, what a blessing to come across your RUclips channel. Wish I had crossed your path many moons ago. I'm defiantly going to buy your course, even though with the information you are freely sharing, one is able to practice and become a profitable trader. Be Blessed
Make sure you have a barber as your neighbor because you will lose a lot of your hair in the process. I bought his course 2 yrs ago and it is a challenging read, especially his books.
Nailed it!!! "beginners have an uncanny ability to exit a trade before it goes their way" Yup! Also me--> "okay, hold it because it will go your way, eventually." Nope, bc i either took a long position at the days high or short at the days bottom....ughh that darn Kill Zone!! LOL
Sir, you are really GREAT, an honest and humble person I've ever seen in this business, I am your biggest Fan, thanks for your valuable contribution to the trading community. You are the G.O.A.T 🙏
Have averaged roughly 10K a week since May of 2020 as a scalper. Mr. Brooks and I do things very differently, but just wanted to encourage those who want to pursue day trading.
Al (Al not AI 😅) is one of the best teachers I've ever encountered, when it comes to Forex trading and this series about scalping is priceless, if you can take in and understand what he's talking about.
This is best video i evern seen on scalping, on point and all real. I lost lot of real and demo money when trade going good but then revers in other direkcion
Mr. Brooks, you may never read this, nevertheless, thank you for sharing your great mind with those of us who cannot "get it" especially with Forex. I have something to try.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
I found a fantastic edge using some of your principles Al. Now my win rate is over 80% on measured moves where my target starts out equal to my stop but usually becomes larger as the trade develops. And the trades are over quite quickly with many never even coming back to test the entry.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
Oi Al, sou do Brasil, te conheci pelo Felippe Aranha, estou muito feliz por voce existir e fazer o que faz, você e o Felippe mudaram meu modo de ver o Mercado, Thank you!
@@clebergomes995 Olá Cleber, que bacana, eu comecei pelos recaps do Aranha no canal dele, eles ajudam muito vc entender o que está nos livros, depois dos recaps eu comprei quando lançou o primeiro traduzido "tendências", já li ele duas vezes e estou lendo a terceira, sempre tem coisa nova que passa despercebido, ainda não comprei os outros. Ano passado fiz o curso do Aranha "Acelerando" pra quem tá lendo o livro, também serve muito bem porque vc aprende muito na prática o que tá lendo. Se eu puder te dar um conselho, é que leia com calma cada capítulo e tente aplicar no seu grafico cada tema ao final de cada um, pra fixar bem, leva tempo mas depois vc vai perceber que vai ficar natural a leitura das barras. Abraços
Hi, Al. On Twitter i saw this great video. I’m here just to thank you for all the effort trying to teach who appreciate your particulary way to see the market. I’ve been studying for a couple of years all 4 of your books and started to structure better trades. Again, i’m really thank you for everything you’ve been doing (and Felippe Aranha too)! Best regards.
Sure was glad to stumble across your video Mr. Brooks. Finally someone to talk about scalping the Futures which it what I have been trying to become accomplished at, now that you have confirmed that even though it is not easy (boy do I know that!) but it is possible. Not much education out there on this type of trading that I could find, but what you talked about here is exactly what I have been practicing. Thank you!
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
Trading is quite easy and profitable, i have been able to earn lots of profits through the help of Mrs alice, an expert trader I met a couple months back she is really good
oh yes she is, I have earned over $30,000 trading with her strategies on binance and cryptofx, she is the best, less % on commission if you join her traders community
U r so awesome AL! I become a big fan from brazil and im reading your books trends , it is really insane its like exploding my mind! Thank u for the videos and thank for share your knowledge
Hey Al- i think this is great perspective but i just slightly disagree with the last few seconds. You mentioned that you should not spend too much time on scalping but i would argue that it's time you need to become proficient at any skill, let alone scalping. Swing trading is definitely an area where I would like to develop over time but in my opinion scalping is more enjoyable. You are light years ahead of me in trading but i am bit reluctant to accept the case that scalping is not a career. Could you please elaborate?
He never said that. He said most traders end up being swing traders so if you scalp, have small position sizes and treat it as a hobby (ie game). He is speaking to most traders here.
Pattern recognition, stock picking, when to buy or sell, what to do when the market is crashing? A few important things to answer before every newbie should ask before getting placing a trade. Don't rush the process. I started profiting from the market when I discovered a better and more effective way to trade and make money. I'll be on to seven figures by years end. Kudos
Going into stocks I had this idea in my head, Do what the guy in the videos says and you'll make a ton of money off stocks. But I assure you it's harder than that. I've been making beginners mistakes and it been costing me. What steps did you take to learn? How have you been making money?
I put my figures out there to entice people but trust me it takes a lot for work to get those figures, though personally I don't work hard at my account myself, At the start of My trade journey I had a risk manager Mr Noud mika ( trade analyst ) handle me trades for me, came across him through a recommendation from his client, went through his qualifications and I just had to have a man like him take charge of my trades, noud through the EV and pharmaceutical surge and made a comfortable $500k off them. Since then his been at the helm of my trade affairs.
@@ericdelafuente8314 going into stocks and fx newly some many thing could wrong, that's why I stock with real estate. BUY, FLIP AND SELL, nice decision with the Expert though
Take it from someone who has joined a lot of discords and bought a lot of trade courses coming across licensed pros like this is a rare, Most successful clients keep the secret to their stock success to themselves. Is Mr Mika available to every and anybody? How do I reach Mr Mika?
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
@@lomaxxbr entao, Afonso, eu não faço scalping ainda. Acho que seria num nível mais avançado... mas no mini dólar e mini indice a taxa não muda se for scalping
This is quite interesting and informative but most trader's fail Because they give up quick, it takes time, patient and lot's of trading experience to become a profitable trader, An alternative seek guidance from some pro trader's and more to avoid loses of funds.
In all my years of trading and research the most valuable insight was getting in touch with a pro trader Briggs Donald and ever since i started investing with him have been making cool profits like never before, will recommend him as one of the best trader have come across due to my experience with him.
Wow what a flourishing coincidence so you invested with Briggs Donald also? This man is really dominating the trading zone and making things easy for his investors, keep the good works sir.
This is exactly how I got recommendation about Mr. Briggs and gave a trial, though I was a bit skeptical at first, but after I made my first profits of $7k as a beginner I can boldly say he's the best with profitable strategies.
Nothing to worry about when investing with Briggs Donald, I'm very confident in his strategies and experience in the market, I can boast of 2 btc in my portfolio through his strategies, His type are just rare in the trading zone.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
Different TA's says otherwise and this is very confusing. I have been looking for a good analyst to rely on. How do i get hold of Joel since alot of people recommended him all over youtube ?. There is no harm giving him a try since his results are all positive.
Trading bitcoins is now very straightforward unlike before. Being a premium cryptocurrency earner, I have been able to create good history, so i understand.
@Joseph Civello Don’t feel bad. I did too. But I promise don’t sell and before you know you will be in the green and smiling again. BTC isn’t going away. Crypto is only going up in the future.
I think trading is so difficult because everyone's strategy is subjective. I think the best way to learn is to read books study the market and develop a strategy that works for you. As a beginner trader it sucks to hear that but unless you find a video that gives you the exact layout for how you want to trade than the info wont do a whole lot. For example, I am working in a scalping strategy and this video say never scalp for less than 10 cents in a stock . I would say that probably depends on the type of stocks you trade and what your fees are. I could successfully make a profit by scalping as little as 4 cents. But then again that depends on what my broker is charging me and how much shares I am working with. Im still behinner trader but kind of gave up on watching videos for tips I don't think you'll ever find like a video thats going to be an ahh ha moment.. I think just taking the info noting some of the kwybpoints but still feel youbhave to put it together on your own
Very insightful video, learning online is great, but I can't think of a more innovative way to earn from the financial market (forex, crypto & stocks) other than having professional guidance through and through...
@@ruiz.delgado No he doesn't sell signals, he basically handles trading operations on my behalf and charges a 25% commission on all proceeds from trading. All i have to do is provide capital, and he and his team handle the rest so that i earn passively from the market. This afford me the greatest luxury of all, TIME, time with my family, and time with my garden. He seems to have a full grasp as to how the markets work, i'm very satisfied with his performance so far. And his performance speaks for him more than he does, i got wind of his services from my step father who's been investing with Lance for more than 5 years, securing his retiring fund with ease...
@@dwightwellings Interesting, I like the idea of earning passively. Can one invest remotely, I live and work in Greece, is it possible for Mr Bernthal to handle my investment too?
Lance is one of a kind, i have no regrets investing with him and his firm. I’m able to secure half a million dollars in profit per year using his platform for passive income earners. Definitely in my top 3 traders of all time
I totally agree with what you are saying. I started in trading in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Mason Jianjun I have learned from you and other Youtubrs especially my mentor Mason Jianjun who taught me how to make trade and increase my crypto from 11 to 27btc that no one really knows what is going to happen in the markett ...
Successful scalping requires finding securities with low spreads. This limits the field of choices significantly. For example, a trader might identify a very useful indicator GBP/NZD, however, with a simple scalping strategy this might have to be discarded because the average spread on this pair is 4.4 pips. Essentially the problem here is that the client is limited to only a small number of currency pairs, which can lead to many missed opportunities. Why I strongly advice a solid broker like I work with Sir Eddy Bruke
Truly stated, I am a virgin in terms of trading too but was adviced to try scalping with this been the best explanation I can get so far. I want a direct guide on the market proper to begin trading
Sir, Eddy Mc Callister Bruke. a name held in high regards for his expertise and professionalism, admitting this here is my biggest pleasure after handling my portfolio in his care during the heat of the pandemic when things were rough, I was able to rake in over $24k in profits and since then it’s been to the sky only big results
My idea of financial market online is risky and like a gamble but from your perspective I’ve come to understand it’s quite easier than that and just takes coordinated guide and expertise. Thanks I’m definitely giving it a try
The power of compounding money and even habits are much more powerful than people think. All of your small wins becomes big wins over time, keep your foot on the gas pedal and keep investing.
This video says it all sir, Even the best trades and the most profitable trading strategies won't be effective if you don't have strict money management rules in place to protect your winning trades, cut your losses and grow your account that is while I highly recommend Mr Romero pieto who indeed trades on my behalf making me earn more profits every week.
I never knew how to make consistent profit in the online trading market till I met Mr Romero pieto who helped me out by Trading on my behalf and also giving me a proper guidance in my trading sectors.
'Beginners have an incredible talent at exiting right before a trade goes their way.' This hit home deep!! LOL
Yessir… Al punched me in the head and wallet at the same time with that truth bomb 😂
Man so true
just happened today with me 😂
He is simple, precise and to the point. So many wisdom bombs dropped with zero exaggeration. It's rare to see such brilliant teachers in this era of clickbait.
Yes Sire
I have seen this comment somewhere else. Goad bloast yuur ass
Agree
Word
So true!
Really appreciate the decades of experience speaking and teaching.
For me, this man is the pope of trading. He is a genius. I recommend reading all his books.
Do you trade consistently profitably now?
Yes
It's always nice to listen to someone whose voice carries the weight of experience, time and wisdom. The real risk in the market is the uncertainty of the future. The more uncertain the times, the riskier taking long term bets becomes. We are in a time when assuming the future will be like the past is foolish in the extreme. Scalping makes much more sense for times like these -- you need to think about the time exposed to the risk of some wacko blowing something up, or some crook being revealed as having scammed some big bank.
At first I used really tight stops. I figured if I minimize my loss amount, that it's being conservative, and I will make a big trade every now and again. Didn't work, especially in crypto with volatility. Your positions are almost certainly going to be in the red at one point, in almost every position. Sure enough the market would often dip just below my limit sell then reverse. I figure that's because I'm doing what seems obvious, just like every other noob, and so that's where lots of orders are placed.
Now I do the opposite. I don't set stops really, I set up the trade so that the liquidation price is at a level that I consider extremely unlikely to hit. This takes some more courage... Sometimes my trades go deep in the red, but if I stick to my guns and analysis, not only do I hold it, I add to the position on the way down... Then when the market reverses, I exit below my entry and still profit, and if it's a strong reversal sometimes I make out quite nicely. Most trades fluctuate into red and green, but if you can confidently predict the overall flow and trend of the market, you just maintain your objective, and you will find a nice spot to sell. Nothing feels better than setting a stop deep into the profit. Anyway most of my trades now are successful, sometmes it takes longer to ride them out, and this ties up cash, but its way more profitable overall. Maybe it goes below, and I get screwed on one trade, but, I've made lots while it ranges. Sometimes I've even had to add margin to extend my liquidation price a couple times because of unexpected dips, so really you need a high ratio of capital vs trade allowance. I only use futures with 5% of portfolio at the very most, and trade fractions of that per position. It's ike poker, it's a lot easier when you are playing with more chips than the other players.
You gotta know the marrket too. I've been succesfull with crypto lately knowing that there is massive support at 18k btc. Maybe it dips below someday and I get screwed on a trade, but I've made a lot more while it has been ranging back forth over from 19-22. Also the fees are very low, so you can make small positions, and make high volume of trades without the fees being quite as high. Also there is a lot of inexperienced traders in crypto right now so pivot points are relatively easy to anticipate.
This video is the closest in concepts that are close to live trading problems. Amazing content here
I am taking Al's course. Super brilliant and he bought my TA skills up to another level. Thank you, Al!!!
I've been actively trading full time since 2000 and I learn some things from you.
This might be one of the single most accurate and useful scalping videos I've ever seen. Lots of real world use cases that most just don't give you. Well done.
did u backtested this strategy ,i just want to know
The best and most realistic video about scalping that I've seen here on YT. Looking forward to next installment on how to scalp.
Here is an advice for every upcoming trader, first make sure you research for a strategy, secondly if you decide to get a mentor make sure he is a registered investment adviser/broker these days you have to be careful a good way to start your career is researching *Nicholas Alexander Kelly strategy* the strategy is currently working and the creator is registered as well so there you go.
Al, I just have to say, you are an ICON! thank you so much!!!
Best and exceptional video. All other videos shows scalping is just simple thing and anyone can do it. Thank you!
Watched this video many times without understanding a lot in it but every time I understand a little bit more (specfically about scaling into a position that is going against you) incredible wisdom and experience... Thank you 🔥
I clicked on this as a skeptic, and left as a believer. Good job, sir. Look forward to more content from you on a scalping.
Al brooks is really good. He has like 50 years trading experience
I do hope that Al gets some new customers as a result of this video. He seems like a good guy who knows what he is talking about.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
W..h...a..t...s ..a p..p
+1 ...3...5...2...5...3...5...0...7...8...8
@@cryptocrewuniversity8710 SCAMMER ALERT!!! You aren't the "Real Brooks Trading Course." Fake account!!!
Sir I don't know how to thank you... it's been 6 years since I was constantly losing money and then a year back I found you and started trading the way you make logic for things now I scalp m1 chart all with ur rules and I make 400 to 600 usd daily by scalping for one point of gold... The only thing which is keeping me away from losses is my big account, no stops and low leverage.. I always scale in and and try not to get panic in situations where market make sudden moves and I add some risk at the point where others are existing their positions.. Lots of love and respect from 🇵🇰
Teach me
@@jessebarrios2309 with pleasure ☺️
@@real_forex885 and me
@@user-tm3cf6uy8u anytime 😊
He really said don't trade with 1m tf
Mr. Brooks. I have been successfully trading for 20 years. Found your books about a year ago! great assets and very easy to understand once you put the time in "LINE BY LINE" of your books.
I posted a few of my scalp trades on my youtube channel all LIVE trades. you inspired me to open a video channel. ha i don't have much time outside of my work (trading) but wanted to thank you for your great ideas on the craft!
Hope you’re killing it Ray !!
Dr. Brooks, I just bought the three book series. It is dense difficult reading, but so useful, thoughtful and full of experience/wisdom. I was hooked when my opinion from experience matched your thinking on indicators and some "gurus". Thanks for this insightful information on scalping. I find a line chart priceless in making trends starkly vivid and candle charts for necessary details that enhance decision making on trades.
Waste of money to buy books of this clown.
What u r saying answers so many questions and hyphotesis in my head. I especially appreciate the high win ratio, risk being more than reward, using stops to enter positions. This is counterintuitive to most of the easily available info. As I've done more scalping, i gavitated more towards what uve mentioned. Its good to have confirmation.
You the man Al. Thank you, looking forward to more. Just finished 'Trading Price Action Trends' again. Love the book, love your work.
Why are the scam comments I reported days ago still here ?
Y r Such a great mentor, teacher, trader, incredible person Al Brooke, gone through all your books written on Trading. Being Doc u look the Candle sticks at Microscopic Level
So happy to see you’re uploading content again :)
I second this
Trading is when you meet a good management like
Here is an advice for every upcoming trader, first make sure you research for a strategy, secondly if you decide to get a mentor make sure he is a registered investment adviser/broker these days you have to be careful a good way to start your career is researching *Nicholas Alexander Kelly strategy* the strategy is currently working and the creator is registered as well so there you go.
Great video Al, there is a good reason why they call you the GOAT. Thank you.
Thank You Al Brooks for your good video.
You start with understandable things, as a beginner, I'm delighted to have had a 100% comprehension of your content.
As a software engineer I have always had a veneration towards the mitical books of Donald Knuth (pure computer science). I never imagined that there could be something equivalent in the trading world ... until I found your books, Mr. Brooks. As with Donald Knuth, not an easy reading certainly, but worth the effor for its enormous knowledge and wisdom.
This video is wonderful too; really to enjoy. Thanks a lot for sharing.
Mythical?
the way this is presented is gold. There is no knowledge assumed on the part of the viewer and insights about the chart are PRESENTED IN TEXT. Meaning you don't have to rewind constantly to figure out what he just said.
Yes I love the printed text too, as I am taking notes. I can't tell you how many times I have to stop and start other peoples videos to get it all down when they talk fast. I know that this gentleman really wants you to learn- he's not just after RUclips views.
I am currently trying my hand at writing code for Algo Trading. i knew scalping is not possible for me manually. But with a program I thought I would give it a try. Thanks to this video I will not get distracted from swing trading. Will try to get consistent profits from swing trading and then try my hand at the scalping trading engine ideas I have at present. Thanks a lot.
Thank you so much for this video. I have been trying to trade successfully and had decided scalping was the way to go.....until now. For the first time, I am convinced to try trading a longer term time frame. Thank you, and I will be watching your other youtube videos, and perhaps I will be able to become one of your students.
Dr. Brooks, what a blessing to come across your RUclips channel. Wish I had crossed your path many moons ago. I'm defiantly going to buy your course, even though with the information you are freely sharing, one is able to practice and become a profitable trader. Be Blessed
Make sure you have a barber as your neighbor because you will lose a lot of your hair in the process. I bought his course 2 yrs ago and it is a challenging read, especially his books.
Yes!!!! Thanks a lot! Nice to see new content on pratical trading again from you Sir!!!! Wish you're and your family are ok in these strange times.
Nailed it!!! "beginners have an uncanny ability to exit a trade before it goes their way" Yup! Also me--> "okay, hold it because it will go your way, eventually." Nope, bc i either took a long position at the days high or short at the days bottom....ughh that darn Kill Zone!! LOL
Goodness me. What a refreshing change. Good content. Very sobering. Thanks
Al brooks is the bible of price action! Thanks for your work.
Sir, you are really GREAT, an honest and humble person I've ever seen in this business, I am your biggest Fan, thanks for your valuable contribution to the trading community. You are the G.O.A.T 🙏
Hello
Greating
Have averaged roughly 10K a week since May of 2020 as a scalper. Mr. Brooks and I do things very differently, but just wanted to encourage those who want to pursue day trading.
Grant, can we connect? Shoot me an email, kerry@ilj.com. Thanks brother 👍
How much capital do you use weekly?
Excellent video, waiting for part 2. Thank you very much.
I love scalping.... and I love watching all of your videos.
Thanks Al, best of luck to you too.
Al (Al not AI 😅) is one of the best teachers I've ever encountered, when it comes to Forex trading and this series about scalping is priceless, if you can take in and understand what he's talking about.
That will be a great series. Thank you Mr. Brooks.
Combining your concepts with the machine learning we have today has help me become profitable
I've been fascinated by scalping for a bit now but ultimately decided I should stick with learning swing trading....lol
This is best video i evern seen on scalping, on point and all real. I lost lot of real and demo money when trade going good but then revers in other direkcion
Thanks a lot! Looking forward to the next episodes 🙂
@@cryptocrewuniversity8710 SCAMMER! You aren't the "Real Brooks Trading Course." Fake account!!!
Excellent. I might not agree on everything, but definitely one of the best video I have seen from the last 50-100 (about the subject trading).
Mr. Brooks, you may never read this, nevertheless, thank you for sharing your great mind with those of us who cannot "get it" especially with Forex. I have something to try.
You could "get it" with an expert. At least I did!
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
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@@DennisRay99 certainly not brother! So, take that back!
@@craigjones5154 Done. Who's your expert?
@@DennisRay99 Thanks brother! His name is Jason. If you're interested, you can contact him directly through his g. Mail. Address
I found a fantastic edge using some of your principles Al. Now my win rate is over 80% on measured moves where my target starts out equal to my stop but usually becomes larger as the trade develops. And the trades are over quite quickly with many never even coming back to test the entry.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
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Oi Al, sou do Brasil, te conheci pelo Felippe Aranha, estou muito feliz por voce existir e fazer o que faz, você e o Felippe mudaram meu modo de ver o Mercado, Thank you!
Vc estudou pelos livros dele?
Comprei a trilogia traduzida pelo Felipe Aranha e estou estudando.
Pode me dar algum feedback?
@@clebergomes995 Olá Cleber, que bacana, eu comecei pelos recaps do Aranha no canal dele, eles ajudam muito vc entender o que está nos livros, depois dos recaps eu comprei quando lançou o primeiro traduzido "tendências", já li ele duas vezes e estou lendo a terceira, sempre tem coisa nova que passa despercebido, ainda não comprei os outros. Ano passado fiz o curso do Aranha "Acelerando" pra quem tá lendo o livro, também serve muito bem porque vc aprende muito na prática o que tá lendo. Se eu puder te dar um conselho, é que leia com calma cada capítulo e tente aplicar no seu grafico cada tema ao final de cada um, pra fixar bem, leva tempo mas depois vc vai perceber que vai ficar natural a leitura das barras. Abraços
18:27 Very interesting about begginners fear reactions and 19:05 market going down until no more weak hands are left!.
Thanks for making these videos Al you are a very wise man and I love learning so keep up the great work and thanks again !
Hi, Al.
On Twitter i saw this great video.
I’m here just to thank you for all the effort trying to teach who appreciate your particulary way to see the market.
I’ve been studying for a couple of years all 4 of your books and started to structure better trades.
Again, i’m really thank you for everything you’ve been doing (and Felippe Aranha too)!
Best regards.
I always love your participation on this site
@@romandorose7618 Thanks
Top irmão..estou nessa mesma pegada,estudando muito a metodologia dele,no momento só estudo..
AI is the best
I got a chance to Speak with him Personally on Instagram a week ago
He is now on Instagram
I think a good trader must have three things : mindset, technique and execution skills. You are the master of execution skills.
Thank you for your wisdom! Would love to see a "Rules of Swing Trading" series from you
Eye-opening introduction video. Thank you!
Very helpful indeed, here you can also contact him for assistance on WhatsApp
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This is gold-plated palladium, Mr. Brooks. Thank you.
Thank you All for sharing some principles about scalping . keep doing that, no ideia how much help us.
I’m slow by nature so I probably won’t scalp. You held my interest and I learned a lot!
Are you the poor girl from Oliver Twist?
@@tabarasaka7087 more porridge?
Sure was glad to stumble across your video Mr. Brooks. Finally someone to talk about scalping the Futures which it what I have been trying to become accomplished at, now that you have confirmed that even though it is not easy (boy do I know that!) but it is possible. Not much education out there on this type of trading that I could find, but what you talked about here is exactly what I have been practicing. Thank you!
Thanks for sharing my comments, i will advise you to invest in crypto now make a note to my trusted trader, do well to tell him I referred you to him
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Really great stuff Al! Thank you for sharing your knowledge.
Thanks sir , Leaned a lot of good points as a beginner . Thanks so much and looking forward to more comprehensive videos.
Esse homem é o Zagalo do trade !
kkkkk
Thank you very much for sharing your knowledge with us. Grateful ! May god continue to bless your life immensely.
Amazing content indeed, and also for guidance contact him on WhatsApp
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Well, this certainly dispells a lot of myths! Thanks for posting such a valuable gem!
Congrats for the channel mr al Brooks. I am from Brazil and I like to watch your videos and read your materials!
You are the best brooks! I am in love with books i bought in brazil.
Now i can make money after read they. Thank you so much for that!
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
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@@cryptocrewuniversity8710 SCAMMER ALERT!!! You aren't the "Real Brooks Trading Course." Fake account!!!
Why am I missing your channel? I've started with your books. Thank you for sharing your knowledge.
Seven months consistency of profitable investments
I think it’s safe to say nothing beats professional guidance.
How do you go about it, longing to get on the market but always seem to hit more of losses when I try
Its indeed tasked with complication and technicality
I praise any one able to make genuine profit of the market
Well I’ve had my share of losses, I’ve had positive outcomes allowing Noud Mikan handle my trades, this way I’m able to earn while I learn
He’s making a name for himself, it’s not the first time I’ve come across positive recommendations about Mikan
How can I get to him ?
11:20 I love that illustration! Exactly right!
The thrills , the rush, yes please, but I can't forgive the losses and the time input, that is why I hire then I learn.
Trading is quite easy and profitable, i have been able to earn lots of profits through the help of Mrs alice, an expert trader I met a couple months back she is really good
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Reach on watsappkk
Mrs. Alice is great, I'm surprised to see her been mentioned here, I have earned over $36,000 through the help of Alice, she is really a wonder
oh yes she is, I have earned over $30,000 trading with her strategies on binance and cryptofx, she is the best, less % on commission if you join her traders community
thank you so much Sir, its really eye opening video..
Live Long---"god bless you"
U r so awesome AL! I become a big fan from brazil and im reading your books trends , it is really insane its like exploding my mind! Thank u for the videos and thank for share your knowledge
Welcome my dear
Thank you for video! Looking forward to next one!
I have just started a £500 account this week I made £226 account size is now £726
i love this man, wish i had him as a teacher in scool👍
Hey Al- i think this is great perspective but i just slightly disagree with the last few seconds. You mentioned that you should not spend too much time on scalping but i would argue that it's time you need to become proficient at any skill, let alone scalping.
Swing trading is definitely an area where I would like to develop over time but in my opinion scalping is more enjoyable.
You are light years ahead of me in trading but i am bit reluctant to accept the case that scalping is not a career. Could you please elaborate?
He never said that. He said most traders end up being swing traders so if you scalp, have small position sizes and treat it as a hobby (ie game). He is speaking to most traders here.
Obrigado Al Brooks por entregar compartilhar anos de estudos e dedicação, o seu esforço em ajudar o próximo e prosperar is imensurável :)
Pattern recognition, stock picking, when to buy or sell, what to do when the market is crashing? A few important things to answer before every newbie should ask before getting placing a trade. Don't rush the process. I started profiting from the market when I discovered a better and more effective way to trade and make money. I'll be on to seven figures by years end. Kudos
Going into stocks I had this idea in my head, Do what the guy in the videos says and you'll make a ton of money off stocks. But I assure you it's harder than that. I've been making beginners mistakes and it been costing me. What steps did you take to learn? How have you been making money?
I put my figures out there to entice people but trust me it takes a lot for work to get those figures, though personally I don't work hard at my account myself, At the start of My trade journey I had a risk manager Mr Noud mika ( trade analyst ) handle me trades for me, came across him through a recommendation from his client, went through his qualifications and I just had to have a man like him take charge of my trades, noud through the EV and pharmaceutical surge and made a comfortable $500k off them. Since then his been at the helm of my trade affairs.
@@ericdelafuente8314 going into stocks and fx newly some many thing could wrong, that's why I stock with real estate. BUY, FLIP AND SELL, nice decision with the Expert though
Take it from someone who has joined a lot of discords and bought a lot of trade courses coming across licensed pros like this is a rare, Most successful clients keep the secret to their stock success to themselves. Is Mr Mika available to every and anybody? How do I reach Mr Mika?
His mail is
@
Thank you for sharing your knowledge . lots of Value!
Great Video and definitely hits home. Thank you for the content.
Do you use volume at all as an indicator of momentum on top of price action?
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
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@@cryptocrewuniversity8710 SCAMMER! You aren't the "Real Brooks Trading Course." Fake account!!!
I have no words to thank you for all your videos! Hello from Brazil!
Com as taxas que temos aqui, é complicado fazer scalping, não?
@@lomaxxbr entao, Afonso, eu não faço scalping ainda. Acho que seria num nível mais avançado... mas no mini dólar e mini indice a taxa não muda se for scalping
I read some of Mr Brooks published books and they are extremely insightful! Definitely was a stepping stone for me getting to a level of consistency.
Which did you read?
@@Ace-gf9om Trading Price Action - Trends and Trading Price Action - Reversals. Nuggets of gold scattered everywhere in those two.
Thank you mr. Brooks!!! I only turned the key following yours steps with support Felippe Aranha. Muito Obrigado! Of all heart!!
Thank you so much Al, I'm eager to watch your next video of this Scalping series.
Excellent video. Really enjoyed watching. Please do a vid on market open scalping while there's large volume.
This is quite interesting and informative but most trader's fail Because they give up quick, it takes time, patient and lot's of trading experience to become a profitable trader, An alternative seek guidance from some pro trader's and more to avoid loses of funds.
In all my years of trading and research the most valuable insight was getting in touch with a pro trader Briggs Donald and ever since i started investing with him have been making cool profits like never before, will recommend him as one of the best trader have come across due to my experience with him.
I'm not bragging a trial will definitely prove, you can reach him via mail at
Wow what a flourishing coincidence so you invested with Briggs Donald also? This man is really dominating the trading zone and making things easy for his investors, keep the good works sir.
This is exactly how I got recommendation about Mr. Briggs and gave a trial, though I was a bit skeptical at first, but after I made my first profits of $7k as a beginner I can boldly say he's the best with profitable strategies.
Nothing to worry about when investing with Briggs Donald, I'm very confident in his strategies and experience in the market, I can boast of 2 btc in my portfolio through his strategies, His type are just rare in the trading zone.
Oh Al - you make it look so easy!!! Many thanks and more please.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
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@@cryptocrewuniversity8710 SCAMMER ALERT!!! You aren't the "Real Brooks Trading Course." Fake account!!!
Different TA's says otherwise and this is very confusing. I have been looking for a good analyst to rely on. How do i get hold of Joel since alot of people recommended him all over youtube ?. There is no harm giving him a try since his results are all positive.
There is an opportunity for newbies to capitalize on, It’s quite a shame people can’t see this, tradlng is everything right now.
Trading bitcoins is now very straightforward unlike before. Being a premium cryptocurrency earner, I have been able to create good history, so i understand.
@Joseph Civello Don’t feel bad. I did too. But I promise don’t sell and before you know you will be in the green and smiling again. BTC isn’t going away. Crypto is only going up in the future.
@@hectorpreuss1418 Telegram➣Joel_trades
This is the type of video that I stop everything to see it! Thank you, master!
I think trading is so difficult because everyone's strategy is subjective. I think the best way to learn is to read books study the market and develop a strategy that works for you. As a beginner trader it sucks to hear that but unless you find a video that gives you the exact layout for how you want to trade than the info wont do a whole lot. For example, I am working in a scalping strategy and this video say never scalp for less than 10 cents in a stock . I would say that probably depends on the type of stocks you trade and what your fees are. I could successfully make a profit by scalping as little as 4 cents. But then again that depends on what my broker is charging me and how much shares I am working with. Im still behinner trader but kind of gave up on watching videos for tips I don't think you'll ever find like a video thats going to be an ahh ha moment.. I think just taking the info noting some of the kwybpoints but still feel youbhave to put it together on your own
This is great! Great work Al!
Very insightful video, learning online is great, but I can't think of a more innovative way to earn from the financial market (forex, crypto & stocks) other than having professional guidance through and through...
i'd recommend Lance Ingrid Bernthal
Telegram: @LANCEBERNTHAL
@@dwightwellings i'm curious, what exactly does he do for you, does he sell signals?
@@ruiz.delgado No he doesn't sell signals, he basically handles trading operations on my behalf and charges a 25% commission on all proceeds from trading. All i have to do is provide capital, and he and his team handle the rest so that i earn passively from the market. This afford me the greatest luxury of all, TIME, time with my family, and time with my garden. He seems to have a full grasp as to how the markets work, i'm very satisfied with his performance so far. And his performance speaks for him more than he does, i got wind of his services from my step father who's been investing with Lance for more than 5 years, securing his retiring fund with ease...
@@dwightwellings Interesting, I like the idea of earning passively. Can one invest remotely, I live and work in Greece, is it possible for Mr Bernthal to handle my investment too?
Lance is one of a kind, i have no regrets investing with him and his firm. I’m able to secure half a million dollars in profit per year using his platform for passive income earners. Definitely in my top 3 traders of all time
Awesome vid! I've been scalping for a few years and these vids brought some stuff together for me. Thanks for posting!
Abraços do Brasil
Thumbs up. Very useful for beginners.
I totally agree with what you are saying. I started in trading in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Mason Jianjun I have learned from you and other Youtubrs especially my mentor Mason Jianjun who taught me how to make trade and increase my crypto from 11 to 27btc that no one really knows what is going to happen in the markett ...
Junvest 0n Tele gram.......📧📧
Throughout my trading experience,Mason has been the most consistent and dependable source of information.
he boosted my portfolio from 0.7BTC to 6BTC in two months, I couldn't be more appreciative.
ever since I started trading with Jianjun,its been a flow of finance, I bought my first house December last year.
I'm also a subscriber of his signal's, and if I were to rate their accuracy I would say 95%
This guy keeps it real.
Successful scalping requires finding securities with low spreads. This limits the field of choices significantly. For example, a trader might identify a very useful indicator GBP/NZD, however, with a simple scalping strategy this might have to be discarded because the average spread on this pair is 4.4 pips. Essentially the problem here is that the client is limited to only a small number of currency pairs, which can lead to many missed opportunities. Why I strongly advice a solid broker like I work with Sir Eddy Bruke
Truly stated, I am a virgin in terms of trading too but was adviced to try scalping with this been the best explanation I can get so far. I want a direct guide on the market proper to begin trading
Sir, Eddy Mc Callister Bruke. a name held in high regards for his expertise and professionalism, admitting this here is my biggest pleasure after handling my portfolio in his care during the heat of the pandemic when things were rough, I was able to rake in over $24k in profits and since then it’s been to the sky only big results
E D D Y B R U K E • I N F O
My idea of financial market online is risky and like a gamble but from your perspective I’ve come to understand it’s quite easier than that and just takes coordinated guide and expertise. Thanks I’m definitely giving it a try
The power of compounding money and even habits are much more powerful than people think. All of your small wins becomes big wins over time, keep your foot on the gas pedal and keep investing.
The best price action there is out there. Thanks a lot 🙏
And also for assistance contact him on WhatsApp I contacted him and got quick response
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This video says it all sir, Even the best trades and the most profitable trading strategies won't be effective if you don't have strict money management rules in place to protect your winning trades, cut your losses and grow your account that is while I highly recommend Mr Romero pieto who indeed trades on my behalf making me earn more profits every week.
Love his trading pattern it's highly obtainable and also profitable when it comes to consistent profiting.
Apparently this is one of the most gifted trader around,I have only been with him for 4 months now and I have learnt so much about his trading skills.
Nice teaching sir.
I never knew how to make consistent profit in the online trading market till I met Mr Romero pieto who helped me out by Trading on my behalf and also giving me a proper guidance in my trading sectors.
Mr Romero pieto is indeed a man of great integrity who always stands by his words no matter what comes his way.