- Workshop a 3-day event.
- Dates: Tuesday October 25 to Thursday October 27, 2022.
- Location: The Florida Hotel and Conference Center at the Florida Mall, Orlando.
- Cost: Standard ticket $2,499. Optional family ticket $1,799
To help meet the strong demand for Al Brooks to engage in live trading events, Al is holding a 3-day workshop in Orlando, Florida, on Tuesday October 25th through Thursday October 27th, 2022.
We have been inundated with requests from traders all over the world to hold such events and we are expecting the event will be sold out quickly. We would like our BTC students to have front-of-the-line access to our events, so that they get the most out of their BTC course investment.
Note that Al wants the Orlando event to be a valuable live-only event, so no recordings or live streaming will be made available for sale after event.
Workshop attendees will have online access to pre-recorded videos of the workshop presentations given by Al and Ali after the event.
Workshop cost
A standard admission price of $2,499 will apply from September 25 for all, BTC Members and non-members alike. Cost is fully refundable right up to October 25 in the unlikely event of workshop being cancelled for any reason.
Looking forward to meeting you in Orlando.
Orlando workshop program
For guests arriving Monday there will be an informal pre-workshop “Meet and Greet” in the workshop meeting room itself from 6pm to 9pm. Workshop location is the Florida Hotel Legends 2&3 Rooms on hotel lobby level.
Day 1 — Tuesday October 25 (click to expand)
09:00 – 09:30am – Welcome + Ground Rules discussed (on stage / formal)
09:30 – 11:00am – Al Brooks (AB) part 1 presentation
11:00 – 11:15am – Short break (15 min)
11:15 – 12:45pm – AB part 2 presentation
12:45 – 13:00 pm – AB Q&A
13:00pm – 2:00pm – Lunch
2:00 pm – 3:30 pm – Ali Moin-Afshari (AMA) part 1 presentation
3:30 pm – 3:45 pm – Short break (15 min)
3:45 pm – 5:00 pm – AMA part 2 presentation
5:00 pm – 5:30 pm – AB/AMA Q&A
Day 2 — Wednesday October 26
09:00 – 09:30am – Welcome/set up
09:30 – 12:30pm – Live Trading (AB/AMA)
12:30 – 2:00pm – Complimentary Lunch (while Walmart trades run!)
Lunchbox choices: Turkey, Ham, Roast Beef, and Vegetarian.
2:00 – 4:15pm – Live Trading (AB/AMA)
4:15 – 5:00pm – Q&A
6:30 – 9:30pm – Evening / Dinner with AMA: informal / networking
For those who missed the Monday night (pre-workshop) meet and greet and for others, too, all are invited to meet over dinner. Since lunch time is short, a relaxed dinner time is necessary for socializing. Cost will be to own account.
Day 3 — Thursday October 27
09:00 – 09:30am – Welcome/set up
09:30 – 1:30pm – Live Trading (AB/AMA)
01:30 – 2:00pm – break: flexible, if anyone wants to leave earlier for lunch
02:00 – 04:00pm – Q&A with Al and Ali
04:00 – 05:00pm – AMA: Short talk on Systems, Psychology, Well-Being
05:00 – 05:30pm – Additional time for taking photos, book signing (for Al),
Benefits from the Workshop
To give you an idea of what to expect, here are a few introductory slides from one of the PowerPoints that Al will present:
Ali’s live trading workshop video introduction
Here is what Ali will deliver to attendees as bonuses:
- Complete and updated TradeStation (and Multicharts) code of his breakout paint bar indicator shown in the above video
- A document that explains how the code works and its logic
- A document that test results and probabilities Ali found regarding systematic breakout trading
Ali’s bonuses will be delivered in the form of an eLearning product on QuantSystems.ca. All workshop attendees will be given an account to login and use an eLearning product and to download the code from within the online course. This way, Ali can provide support and monitor how the material is used.
Frankly, the bonus code is extremely valuable, because it shows 70 – 80% win rate trades. Charlatans charge up to $4,000 and more for useless, non-working code, but this is real and it works both as an educational tool and as a trading tool. What else would someone hope to get from a relatively inexpensive workshop at this level of quality? Anyone making good use of this code is effectively getting the live workshop for free, and then some.
Link to Ali’s previous 2 videos on Systematic Trading:
Do not miss this unique live opportunity to see two different schools of thought, one purely discretionary and the other systematic, trading the same price action methodology alongside one another. A strong testament to the fact that once you understand a core market concept there is more than one way to turn it into a profitable strategy.
Event details
Al Brooks and Ali Moin-Afshari (Al’s hedge fund manager friend) will deliver presentations for 2 hours each on day 1. Both would demonstrate live day trading on the second full day and half of the third day.
Orlando, Florida, is a good option for a live event because many guests might want to combine the workshop with a family vacation. A MoneyShow event will be held in Orlando following the event on October 30 through November 1, 2022.
Al would swing trade and focus on the open and end of the day, and Ali would scalp all day long.
Ali is very detailed and would provide a lot of support material for attendees.
Your event presenters
Al Brooks is a full time professional price action day trader who understands what a trader goes through to achieve his goal of making money, and he is a strong advocate for individual traders. Al teaches you how to trade online like a professional with his Brooks Trading Course videos, his chat room, his best selling price action trading books, and through the many articles and media extracts on this website.
Ali Moin-Afshari is the co-founder and CEO of Advanced Technical Methods, Inc., a quant investment management startup firm based in Toronto, Canada. Ali has been in Al’s trading room for many years, and his view of price action is very similar to Al’s. Ali is an excellent trader as well as software engineer, and he has created many effective trading algorithms, which he will trade during the workshop. You can read Ali’s excellent Becoming a professional price action trader article here for an example of his high-quality material.
Ali’s presentation
As an engineer, I am a hard-to-convince person. My decisions are data-driven, so when I began learning price action trading, I had to test each concept to gather statistical data in order to prove it to myself that it works. I have written programs for almost every price action setup and back- and forward-tested them and studied the data.
My goal for this workshop is to demonstrate the systematic approach to price action trading, using rule-based discretionary systems. In this approach, the computer is the primary decision maker and the trader makes the final go/no-go decision.
The common belief in the literature is that it is very difficult, if not impossible, to build systems that work intraday on ES futures without having to tweak them regularly. I will show you that is not the case and you do not need sophisticated AI or complex software to do so.
I will explain the technology and the design philosophy behind one of my systems, to illustrate how a discretionary price action concept could be turned into a very effective computerized trading algorithm. For those who have an IT background, it would then be easy to turn it into computer code.
I will also show test results and system performance statistics of this system.
So, you will see a system at work in live trading, then understand its technology and design philosophy, and finally see its performance data over a long period of time and learn about the techniques used to implement an idea as a trading system.
Ali’s workshop systematic price action trading samples
I am using the same chart as Dr Brooks used in explaining swing trades, above, to illustrate the computer-generated signals of the system I am going to talk about with an emphasis on scalping.
On this chart, signals are plotted as painted bars in four colors:
- Green: Bull breakout and big bull bars
- Blue: Bull reversals with follow-through, so combinations of two to four bars that form higher probability buy setups
- Red: Bear breakout and big bear bars
- Orange: Bear reversals with follow-through, so combinations of two to four bars that form higher probability sell setups
Based on above, we can take many scalp trades. The idea is to reference two criteria to select the direction and entry points, with the goal of taking quick profits:
- General context or as systematic traders call it, market regime
- Computer-generated signals
We will follow the above order of priorities in selecting entries, so context is more important than signals.
In step 3, we will chose an entry price, based on the concept of setup-trigger, which I explained in my last article.
The chart, below, shows scalp entries and exits using colors to indicate what type of order (buy, sell, or exit) was used at what prices, plus colored arrows to communicate trade direction and perceived probabilities. Horizontal lines show some of the more important support and resistance levels.
Furthermore, here is my thought process about the context and day structure, referencing bar numbers:
1: probably a TRD or TTRD day type, 55% chance
2-3: confirming 1, now 60% chance
4: more down
5: Two big bars, unlikely to become a strong bull trend, so 60% chance of TTRD with a bearish tone
12: Strong AIL but initial strong 3CC BR bars, still 60% chance of TTRD, but now probably bullish tone
26: Possible HOD 24
28: Only one open bull breakout gap, early test of EMA, unlikely to become small pullback bull, so still 60% chance of TTRD day structure with a bullish tone, likely to pullback to 17 low
32-33: AIS more down, at least 1 more leg down
36: at least 1 more leg down from here
39-40: Possible FF and WBLF. Possible early AIL because of context, but TTRD so likely will test to 6 high, where limit order bears got trapped
50: AIL more up
58: More up, TTRD, so will likely test up to 23 low, where limit order bulls got trapped
Feedback
Al and Ali need to get a sense of how much interest there is for this event. If popular enough, they might hold similar events several times a year, both live and online.
Final thoughts from Al
I have known Ali for about a decade. He is a good person who is honest, thoughtful, smart, disciplined and consistently profitable.
He and I have different approaches, but similar perspectives. He has successfully programmed several of my concepts and lots of his own. I believe that many of you might find his insights to be interesting and helpful.
For me, doing a workshop with Ali will be fun. Also, I think many traders would find it worthwhile to see him scalp and me swing trade for a day.
If enough traders enjoy it, he and I might do a couple workshops a year for a year or two, and we might also do some live-trading online webinars as well. I know a couple other traders who would be interested in trading live at future workshops if enough attendees find the Orlando workshop helpful.