Many obstacles to trading profitabilityBPA trading room Q&A: February 16, 2016 Question: What were the final steps which you employed to become profitable? Video duration: 6min 50sec You can also view this video on Al’s YouTube Channel if needed. Get rich quick trading! There were so many steps along the way, right? The single […]
Ask Al: Buy the Close bull trend or reversal?
Buy the Close decision in first 30 minutes BPA trading room Q&A: July 6, 2016 Question: Lots of early reversals made me skeptical of the bull trend until about B31 close. I shorted with limit orders many times before that, but the swing down never came. Could you comment on trusting the Buy The Close […]
Ask Al: Structuring limit and stop order trades
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. […]
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 […]