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.
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Hi Tim,
I really want to acknowledge and praise you for such an open-hearted and vulnerable response. It’s not easy to admit the challenges and pressures you face while presenting in the trading room, especially when balancing your own trades and guiding others. Your honesty about the emotional weight of real-time decisions and its impact on your calls is incredibly refreshing.
The way you shared your personal experience and admitted that hesitation sometimes plays a role shows a great deal of humility and transparency. It highlights the deep responsibility you feel towards those listening, which is truly commendable. The distinction you made between live trading and end-of-day charting makes so much sense and clarifies why things may look different in hindsight.
Thank you for being so genuine and thoughtful in your response—it’s a testament to your dedication to helping others navigate the complexities of trading.
In contrast, Rose’s reaction felt more personal and defensive, which was a bit surprising. Instead of just addressing the specific points about scalping versus swing trading, it became more about defending the overall approach and taking a more confrontational tone. While Rose’s passion for the trading room is clear, a more focused and less personal response might have been more constructive.
I’ve been in the Brooks Trade room near two years and trading for 9 years. The moderators in the Brooks Price Action trade room are there for our benefit, not theirs. They have proven their ability to trade as professionals, without exception. Do they scalp? Absolutely. Do they swing? To answer this question, look no further than yesterday’s (9/6/2024) webinar for a current answer to the comment. Do I agree with, or enter every transaction they identify, of course not. Different strokes for different folks. However, from where I sit, I want to scalp a couple of times, in preparation for the possible/probable daily swing. Brooks Price Action moderators make no warranties but they do make better traders. I am certain that if you/we focus, with a positive frame of mind, you/we will be richly rewarded with self confidence and a better trading experience complements of Brooks Trade room moderators. If not, maybe find another alternative.
I get defensive when I see those are mislead in the wrong direction. I was being defensive for you. But at the end of the day it is our time and efforts we spend countless hours in the traderoom for you. So take it how you like. I was very constructive in my reply there as you saw how much time it took me to type all that in respect to both you. I sure didn't have to get involved as everyone knows that we take swing trades in the traderoom, proof is in the recorded webinars, and it is not ok to simply just label us doing all the hardwork day in and out rather than trading for ourselves, we spend our time trying to help you steer well so you stay green and learn in that process. But when people who don't even join the traderoom come and start to advice others not to join, it becomes personal. It at least become personal for me to help those who are being steered in the wrong direction advised to do the wrong thing. That is what I saw here was happening and I have decided to give you my honest thoughts.
Trading is very emotional as we are emotional beings. We care about you and others as we run these websites daily and maintain our relationships with you. I can be less personal, and go into mode where I care less about your struggles and and won't take any action on people following the wrong advice of others but that would not make a team player, would it?
At the end of the day, you will make the right decision all on your own how you want to trade. We can only provide the tools for you and guide certain extend. I have every confidence in you that you will take the right entries and exits.
Hey Jeffrey,
I can understand your curiosity regarding Al's insights on bar 2. Here are some key points to consider:
- Al mentioned we had a buy climax, pointing out previous bars from the days before (especially Friday), which had been tested.
- He emphasized the need for consecutive bear bars closing on their lows, ideally a couple of them, to consider selling, particularly since we were far from the average price.
- Our distance from the average price was a crucial factor in Al's analysis.
- He highlighted the tails on bars 1 and 2, suggesting that many sellers, including institutions, might be scalping for quick profits instead of holding positions due to the distance from the average price.
- Al recommended a cautious approach, considering the probabilities and past market behavior, by using a small position if entering the trade. He was not entirely against the entry but emphasized being cautious.
- Al's analysis was based on probabilities, and nothing is 100% certain in the market. Context matters significantly.
Keep in mind that Al and all the presenters shared his experience and knowledge during the live session, helping us understand how to make decisions based on real-time price action. Their insights can assist us in sharpening our trading skills and improving our performance. Joining the trading room after completing Al's course at least once can provide valuable experience in analyzing live price action and learning from other traders.
Each trader is unique, and it's essential to learn from others while developing our own style. Al's approach was conservative, providing a fair assessment of the trade's potential risks and rewards. Keep in mind that market analysis is always about probabilities, so it's crucial to be patient and control emotions while trading.
I hope this perspective helps, and I'm sure we'll continue to learn a ton from all the presenter’s priceless insights in the trading room!
Hi Rose,
I really appreciate your passion for protecting others and ensuring everyone gets the right guidance—it's clear how much you care about the community. However, I did feel it was a bit unfair to say I’m "naturally siding with people negatively." That wasn’t my intention. I was just sharing my perspective and observations as a new viewer of the trading room.
I’m happy to take your feedback on board and understand where you're coming from. I think this discussion has been productive overall, and I’ll definitely keep your points in mind moving forward.