The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Hello All,
I have recently subscribed to Al's course. I wanted to know what is best way to start on this course effectively. I was thinking of understanding the theory and correlate it practical on live charts in markets for each topic. I am from India and plan review index (Banknifty and Nifty) charts. Please guide. Thanks in advance.
Regards,
A
Hi! I have a few tips from my perspective;
1.Create a system in which you study the videos. Take notes, or find your own way of internalizing the knowledge Al provides. Don't just watch the videos and forget most of the information after a few minutes. The video's are filled with information.
2. Take your time, start slow. The videos are only ~30 minutes, but it can take a long time to really understand and study the contents, especially when you first start out. The first few videos might feel frustrating since Al starts of using a lot of terms you don't know about yet, which he will cover in later videos. Just try your best to grasp the concepts.
3. Pay extra attention to probabilities and statistics Al mentions. The whole course is about trading based on probabilities, and you'll need to understand the probabilities of the market going into x direction later on, so it's helpful to make a list of probabilities and just add them to the list and cross-reference them to which video he mentions them in. The downside here is that he might phrase them differently in different videos. I've seen people on the forums mention they have a document called "Al's probabilities". It's the core of the course and your future way of trading.
4. Sign up for brookspriceaction.com. There is a really in-depth review of the market posted there sometimes by Al. Even when you don't trade the Emini's, it's helpful to see how far/deep Al goes in his analysis. You might even want to sign up for the live sessions.
5. It's important to trade while studying, even if it's just for 30 minutes a day. You can judge this best yourself based on your financial situation and your experience, but I recommend either sim trading or trading the "I don't care" size. As you progress, you will start to understand more and more about what's happening to the price action while you are trading.
Last but not least, look at this course as an education rather than a trading course. Realize it will take years, not weeks, to become consistent. Take your time, go slow, and appreciate the process.
Thanks for the detailed guidance Michiel! Appreciate your help!! 👍
