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I'm in 9B right now, but my question isn't specifically on 9B. Just wondering, is it normal to be somewhat lost while getting some of it? I.e. is it something that slowly clicks as you continue through the course so that I should carry on? Or should I back up and rewatch the earlier videos? Honestly just wondering what "normal" is supposed to look like at this early stage in the learning process.
Is it normal to be somewhat lost while getting some of it?
Absolutely.
Or should I back up and rewatch the earlier videos?
Highly recommended to go to the whole first part (PA fundamentals) and then rewatch before going to the how to trade section.
Honestly just wondering what "normal" is supposed to look like at this early stage in the learning process.
Who knows? 🙂 Al throws many concepts before explaining them (it gives a briefing in the 01 video) so it is normal to be lost many times. Jot down your questions and many of them will be self-answered in the second pass tho many more will come, so be patient and keep going!
Something similar happened to me while I was trying to read his books(I got the books before the course) and I was lost. To me, I think it is imperative to learn the basic concepts like bar counting(high 1, high 2, low 1, low 2), bull/bear flags, final flag, wedge etc. before you proceed with the course or his books and that solves the problems to a large extent. I think he explained all of that somewhere around here and I can't remember where, so please find it by yourself.
Although, if you are a beginner and new to the markets, I think I would recommend you to go through the whole course once or twice first and then, the problem would appear easier from maybe the third time around.
P.S. I'm a newbie as well and on video 9A. So, consider using your judgement before you take my advice. It might or might not work.
To be honest, this entire course is like a really well made mystery movie. There are lots of plot twists and turns. Nothing seems like sequential learning and one has to do a lot of back and forth back and forth to really understand the entire picture.
For instance , I just started video 9B and bam !! . "All double tops are Low 2 sell setups" . Now this makes sense if a double top is formed after a bear rally and is a good sell setup. But if a DT is formed after a bull rally, chances are you might see it as a high 2 buy setup until and unless clear reversal bars are formed to reverse the bull trend , and then it becomes a good sell setup.
And then there is this holy grail statement reverberating throughout the course "All depends on context".
Brain Fuzzle for sure. But nothing worthwhile in life comes easy . Learn 1 or 2 setups from this course and you can possibly make 12 to 15 % annual returns on capital. Try mastèring multiple setups , more than 5, and you can possibly target 30 to 40 % annual . But the second approach will confuse new students for months to come . Its only after a LONG while that all the pieces of jigsaw start to fit. And then one fine day the realization YEAH I SEEM TO UNDERSTAND THIS STUFF.
