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Hello,
I've been studying and educating myself throughout the last year and creating a normal workflow to enhance my knowledge-base.
The change to Al's compiling and indexing of his work is interesting and requires a rethink to my flow.
To be honest, I loved the one-page detailed daily setups with blue boxes. It felt concise and collected. I also love the idea of an indexing of all of the individual setups that is currently underway with the new encyclopedia focus. I really think its going to be great to have such a massive collection for review on a setup by setup basis - definitely looking forward to it's growth over the next few years.
Is there a place in Al's workflow where he still completes the detailed daily setups or has he changed fully to the setup by setup slide compilation?
I know for me, the detailed daily setups would be helpful still. One could approach studying chronologically with the detailed daily setups and also topically focusing on a few setups at a time. I'm wondering what it will feel like for someone new to the ecosystem in a few years? The Daily Setups could be a great thread to carry the previous work and the current work together.
Just some thoughts. Thank you everyone for all the work they do in making this a great place to grow and learn.
Is there a place in Al's workflow where he still completes the detailed daily setups or has he changed fully to the setup by setup slide compilation?
Sadly, there is no way that Al will be going back to the single Daily Setups (DS) slide that is very popular. Al needs his valuable time for other stuff, including taking time off for leisure/traveling - an important activity Al has neglected for far too long.
I canvassed Al for quite some time to stop adding to the Encyclopedia (E) and continue the DS as before. That is my view only but Al wants to continue with E slides to help him in creating his new E eBook project. On that topic it will be sometime next year when done, possibly, and initially for BTC+E members only.
Having no DS is not such a bad thing. We already have near 4 years of such slides available (under the "Online course" menu), and I would guess near 100% of trading days going forward will be replicated in that collection somewhere!
I would humbly suggest it is better for traders to learn how to do their own DS as Al detailed in his most valuable "5 Steps to finding today's trades" video. We should all be reviewing our trading days in this way - at the very least marking up charts to the level of detail shown on daily blog posts.
Hope that helps.
I bought the course and it says it comes with Emini and Euro daily analysis. Where do i access that information? Please advise.
On the "Blog" where all reports, both daily and weekend, reports are delivered. Links in RHS sidebar. Not sure how you can miss these.
Also where do i access "Having no DS is not such a bad thing. We already have near 4 years of such slides available (under the "Online course" menu),"
I do not see it under the Online course menu. Please advise thanks!
You need to be logged in to see the "BTC Daily Setups" link. Not visible to public/non-members.
Thank you for the Reply, Richard.
It is sad to consider Daily Setups ending forever. I completely agree that personal review and markings for the current day is essential practice. Where that falls short, however, is having a professional's markings to review ours up against on a daily basis.
I plan on practicing and reviewing against the historical 4 years of daily setups as a way to see if my reading of the daily chart is in line with Al's. I lose that on my present daily practice and it certainly puts a hole in my professional growth plan as don't get to compare my view on the current day in a simple way.
I will make adjustments, for sure, as we all have to do with things in life. I can utilize the new encyclopedia slides for comparison. It is just a shame to be without the blue boxes and professional assessment of the present day's chart for a daily comparison of what I am reading in the chart.
Here is my real wonder...is it possible to find someone that has the time, the desire, and the expertise to take up the torch of continuing the Daily Setups? I'm not sure how any transition will go for BTC over the next 5 years/10 years/20 years. It's a long way ahead but how do we continue as Al deserves to enjoy more leisure time and life with less demands?
I believe the Daily Setups are worth continuing in some way and it deserves an inquiry into the community and a potential seeking to find someone that could continue it. No demand, but a hope and wish.
I am responsible for my success and growth as a trader. Ultimately.
Thank you for helping me get to where I want to be. Everything has been so helpful - I truly am grateful. Keep up the great work!
On a side note, I'm interested in a project of tagging the Legacy Daily Setups with the Encyclopedia Setups, to link daily examples of when that encyclopedia setup played out. Obviously, that seems to be the growth that Al is working towards currently with his work. He already has 4 years available in the DS's to reference to if there is a way to make that happen. I would happily support a project like this. If you think it is a good idea, please let me know how you think I could help make it happen for the support of the community.
Richard, thank you, and Al, and all of his team here for everything you provide for us free of charge. For the few things that do have a cost, thank you for severely under pricing them. We're not entitled to any of that generosity. I can only be grateful for the time and energy expended to create and present all this material, simply so that others can benefit. I have a hard time understanding how someone can complain about what was or is a gift. If changes need to be made, so be it. We're all still coming out ahead!
I'm sorry if this came across as a complaint. It was not. My intention was to help instigate curiosity about what the future could hold. Everything provided here is a treasure trove and it deserves support in whatever form it takes.
