Podcast
Questions and Answers
What is the author's goal in writing the Brooks Trading Course?
What is the author's goal in writing the Brooks Trading Course?
What percentage of trading in large markets is done by institutions according to the author?
What percentage of trading in large markets is done by institutions according to the author?
What does the author advise traders to do when it comes to institutional dollars?
What does the author advise traders to do when it comes to institutional dollars?
What percentage of the day's trading volume is accounted for by computer-generated trading according to the author?
What percentage of the day's trading volume is accounted for by computer-generated trading according to the author?
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What are some of the large patterns that the author believes repeat on all time frames and in all markets?
What are some of the large patterns that the author believes repeat on all time frames and in all markets?
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What does the author advise traders to focus on when it comes to trades?
What does the author advise traders to focus on when it comes to trades?
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What does the author believe can be learned from every tick that takes place during the day?
What does the author believe can be learned from every tick that takes place during the day?
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What is the author's view on the compatibility between trading style and personality?
What is the author's view on the compatibility between trading style and personality?
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What is the author's advice on using wide stops in trading?
What is the author's advice on using wide stops in trading?
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What did the author struggle with during his journey to becoming a consistently profitable trader?
What did the author struggle with during his journey to becoming a consistently profitable trader?
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What does the author believe is the key to successful trading?
What does the author believe is the key to successful trading?
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What is the author's view on the edge a trader has in the market?
What is the author's view on the edge a trader has in the market?
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What is the author's goal in writing the Brooks Trading Course?
What is the author's goal in writing the Brooks Trading Course?
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What percentage of trading in large markets is done by institutions, according to the text?
What percentage of trading in large markets is done by institutions, according to the text?
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What does the author advise traders to do when it comes to trading in the direction of institutional dollars?
What does the author advise traders to do when it comes to trading in the direction of institutional dollars?
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What percentage of the day's volume is accounted for by computer-generated trading, according to the text?
What percentage of the day's volume is accounted for by computer-generated trading, according to the text?
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What are some of the large patterns that the author believes repeat over and over on all time frames and in all markets, according to the text?
What are some of the large patterns that the author believes repeat over and over on all time frames and in all markets, according to the text?
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What does the author advise traders to do when it comes to trading setups, according to the text?
What does the author advise traders to do when it comes to trading setups, according to the text?
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What does the author believe can be learned from every tick that takes place during the day, according to the text?
What does the author believe can be learned from every tick that takes place during the day, according to the text?
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What did the author struggle with during his journey to becoming consistently profitable, according to the text?
What did the author struggle with during his journey to becoming consistently profitable, according to the text?
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What do novices tend to do when it comes to taking losses, according to the text?
What do novices tend to do when it comes to taking losses, according to the text?
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What is essential to understanding when it comes to trading, according to the text?
What is essential to understanding when it comes to trading, according to the text?
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What is the author's hope in writing the Brooks Trading Course, according to the text?
What is the author's hope in writing the Brooks Trading Course, according to the text?
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What is necessary for long-term profitable trading, according to the text?
What is necessary for long-term profitable trading, according to the text?
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What is the author's main goal in writing the Brooks Trading Course?
What is the author's main goal in writing the Brooks Trading Course?
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What percentage of trading in large markets is done by institutions according to the author?
What percentage of trading in large markets is done by institutions according to the author?
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What does the author advise traders to do in terms of trading direction?
What does the author advise traders to do in terms of trading direction?
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What percentage of the day's volume is accounted for by computer-generated trading according to the author?
What percentage of the day's volume is accounted for by computer-generated trading according to the author?
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What are some of the large patterns that the author believes repeat over and over on all time frames and in all markets?
What are some of the large patterns that the author believes repeat over and over on all time frames and in all markets?
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What does the author advise traders to do in terms of trades?
What does the author advise traders to do in terms of trades?
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What is the author's view on the role of institutions in trading?
What is the author's view on the role of institutions in trading?
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What does the author say about the difficulty of trading despite clear entry and exit points on a chart?
What does the author say about the difficulty of trading despite clear entry and exit points on a chart?
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What is the author's view on using wide stops in trading?
What is the author's view on using wide stops in trading?
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What does the author believe about the number of great trades on every chart?
What does the author believe about the number of great trades on every chart?
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What is the author's view on the compatibility between trading style and personality?
What is the author's view on the compatibility between trading style and personality?
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What were some of the personal obstacles that the author faced in becoming consistently profitable?
What were some of the personal obstacles that the author faced in becoming consistently profitable?
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According to the author, what is the main goal of his trading course?
According to the author, what is the main goal of his trading course?
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What percentage of trading in large markets is done by institutions according to the author?
What percentage of trading in large markets is done by institutions according to the author?
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What advice does the author give to traders regarding the direction of trading?
What advice does the author give to traders regarding the direction of trading?
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What does the author believe about computer-generated trading?
What does the author believe about computer-generated trading?
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According to the author, what are some large patterns that repeat over and over on all time frames and in all markets?
According to the author, what are some large patterns that repeat over and over on all time frames and in all markets?
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What is the author's advice to traders regarding trades?
What is the author's advice to traders regarding trades?
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What does the author believe about learning from every tick that takes place during the day?
What does the author believe about learning from every tick that takes place during the day?
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What does the author hope to provide through his insights on price action trading?
What does the author hope to provide through his insights on price action trading?
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What is the author's opinion on the compatibility between trading style and personality?
What is the author's opinion on the compatibility between trading style and personality?
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What did the author struggle with in his journey to becoming consistently profitable?
What did the author struggle with in his journey to becoming consistently profitable?
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What is the author's advice to traders regarding using wide stops?
What is the author's advice to traders regarding using wide stops?
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What does the author believe about the edge a trader has in the market?
What does the author believe about the edge a trader has in the market?
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What is the main goal of the author's book series?
What is the main goal of the author's book series?
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What percentage of trading in large markets is done by institutions according to the author?
What percentage of trading in large markets is done by institutions according to the author?
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What does the author advise traders to do in order to be successful?
What does the author advise traders to do in order to be successful?
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What does the author believe about computer-generated trading?
What does the author believe about computer-generated trading?
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What is the author's opinion on the number of profitable trades on a chart?
What is the author's opinion on the number of profitable trades on a chart?
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What does the author believe about the patterns that repeat on all time frames and in all markets?
What does the author believe about the patterns that repeat on all time frames and in all markets?
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What is the author's advice on trading in the direction of institutional dollars?
What is the author's advice on trading in the direction of institutional dollars?
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What is the author's opinion on the edge a trader has in the market?
What is the author's opinion on the edge a trader has in the market?
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What is the author's advice on using protective stops?
What is the author's advice on using protective stops?
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What is the author's opinion on the market being a collection of institutions?
What is the author's opinion on the market being a collection of institutions?
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What is the author's opinion on the compatibility between trading style and personality?
What is the author's opinion on the compatibility between trading style and personality?
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What is the author's opinion on novices taking losses in trading?
What is the author's opinion on novices taking losses in trading?
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What is the author's goal in writing the Brooks Trading Course?
What is the author's goal in writing the Brooks Trading Course?
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What percentage of trading in large markets is done by institutions according to the text?
What percentage of trading in large markets is done by institutions according to the text?
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What advice does the author give to traders regarding institutional trading?
What advice does the author give to traders regarding institutional trading?
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What percentage of the day's volume is accounted for by computer-generated trading according to the text?
What percentage of the day's volume is accounted for by computer-generated trading according to the text?
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What does the author believe are the large patterns that repeat over and over on all time frames and in all markets?
What does the author believe are the large patterns that repeat over and over on all time frames and in all markets?
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What does the author advise traders to focus on?
What does the author advise traders to focus on?
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What does the author believe can be learned from every tick that takes place during the day?
What does the author believe can be learned from every tick that takes place during the day?
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What is the author's advice regarding understanding why every bar on a chart is taking place?
What is the author's advice regarding understanding why every bar on a chart is taking place?
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What is the author's opinion on the balance of power between institutional traders and individual traders?
What is the author's opinion on the balance of power between institutional traders and individual traders?
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What is the author's opinion on the size of a trader's edge in the market?
What is the author's opinion on the size of a trader's edge in the market?
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What is the author's advice regarding compatibility between trading style and personality?
What is the author's advice regarding compatibility between trading style and personality?
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What obstacles did the author face in becoming consistently profitable?
What obstacles did the author face in becoming consistently profitable?
Signup and view all the answers
What is the author's goal in writing the Brooks Trading Course?
What is the author's goal in writing the Brooks Trading Course?
Signup and view all the answers
What percentage of trading in large markets is done by institutions according to the text?
What percentage of trading in large markets is done by institutions according to the text?
Signup and view all the answers
What advice does the author give to traders regarding institutional trading?
What advice does the author give to traders regarding institutional trading?
Signup and view all the answers
What percentage of the day's volume is accounted for by computer-generated trading according to the text?
What percentage of the day's volume is accounted for by computer-generated trading according to the text?
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What does the author believe are the large patterns that repeat over and over on all time frames and in all markets?
What does the author believe are the large patterns that repeat over and over on all time frames and in all markets?
Signup and view all the answers
What does the author advise traders to focus on?
What does the author advise traders to focus on?
Signup and view all the answers
What does the author believe can be learned from every tick that takes place during the day?
What does the author believe can be learned from every tick that takes place during the day?
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What is the author's advice regarding understanding why every bar on a chart is taking place?
What is the author's advice regarding understanding why every bar on a chart is taking place?
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What is the author's opinion on the balance of power between institutional traders and individual traders?
What is the author's opinion on the balance of power between institutional traders and individual traders?
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What is the author's opinion on the size of a trader's edge in the market?
What is the author's opinion on the size of a trader's edge in the market?
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What is the author's advice regarding compatibility between trading style and personality?
What is the author's advice regarding compatibility between trading style and personality?
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What obstacles did the author face in becoming consistently profitable?
What obstacles did the author face in becoming consistently profitable?
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What is the author's goal in his book series?
What is the author's goal in his book series?
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What percentage of trading in large markets is done by institutions?
What percentage of trading in large markets is done by institutions?
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What does the author advise traders to do in order to be successful?
What does the author advise traders to do in order to be successful?
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What percentage of the day's volume is accounted for by computer-generated trading?
What percentage of the day's volume is accounted for by computer-generated trading?
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What does the author believe about large patterns in trading?
What does the author believe about large patterns in trading?
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What does the author advise traders to do in order to increase profitability?
What does the author advise traders to do in order to increase profitability?
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What is the author's view on the importance of understanding every tick on a chart?
What is the author's view on the importance of understanding every tick on a chart?
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What is the author's opinion on the difficulty of trading despite clear entry and exit points on a chart?
What is the author's opinion on the difficulty of trading despite clear entry and exit points on a chart?
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What is the author's advice for traders struggling with confidence?
What is the author's advice for traders struggling with confidence?
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What is the author's view on the importance of compatibility between trading style and personality?
What is the author's view on the importance of compatibility between trading style and personality?
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What were some of the personal obstacles that the author faced in becoming consistently profitable?
What were some of the personal obstacles that the author faced in becoming consistently profitable?
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What is the author's hope for his book series?
What is the author's hope for his book series?
Signup and view all the answers
What is the author's goal in his book series?
What is the author's goal in his book series?
Signup and view all the answers
What percentage of trading in large markets is done by institutions?
What percentage of trading in large markets is done by institutions?
Signup and view all the answers
What does the author advise traders to do in order to be successful?
What does the author advise traders to do in order to be successful?
Signup and view all the answers
What percentage of the day's volume is accounted for by computer-generated trading?
What percentage of the day's volume is accounted for by computer-generated trading?
Signup and view all the answers
What does the author believe about large patterns in trading?
What does the author believe about large patterns in trading?
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What does the author advise traders to do in order to increase profitability?
What does the author advise traders to do in order to increase profitability?
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What is the author's view on the importance of understanding every tick on a chart?
What is the author's view on the importance of understanding every tick on a chart?
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What is the author's opinion on the difficulty of trading despite clear entry and exit points on a chart?
What is the author's opinion on the difficulty of trading despite clear entry and exit points on a chart?
Signup and view all the answers
What is the author's advice for traders struggling with confidence?
What is the author's advice for traders struggling with confidence?
Signup and view all the answers
What is the author's view on the importance of compatibility between trading style and personality?
What is the author's view on the importance of compatibility between trading style and personality?
Signup and view all the answers
What were some of the personal obstacles that the author faced in becoming consistently profitable?
What were some of the personal obstacles that the author faced in becoming consistently profitable?
Signup and view all the answers
What is the author's hope for his book series?
What is the author's hope for his book series?
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Study Notes
Introduction to Brooks Trading Course
-
The author, Al Brooks, is a trader who has written a comprehensive book series on price action to fill a void in his life.
-
The series is divided into three separate books, with the first book covering price action basics and trends.
-
The author's goal is to describe his understanding of why certain trades offer great risk/reward ratios and to present ways to profit from those setups.
-
The author believes that every chart has an incredible amount of information that can be used to make profitable trades.
-
Ninety percent or more of all trading in large markets is done by institutions, which means that the market is simply a collection of institutions.
-
The author advises traders to always be trading in the direction of the majority of institutional dollars because they control where the market is heading.
-
The market is increasingly being traded by computers, with computer-generated trading now accounting for as much as 70 percent of the day's volume.
-
The author believes that there are some large patterns that repeat over and over on all time frames and in all markets, like trends, trading ranges, climaxes, and channels.
-
The author advises traders to focus on the absolute best trades, avoid the absolute worst setups, use a profit objective (reward) that is at least as large as their protective stop (risk), and work on increasing the number of shares they are trading.
-
The author believes that there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones.
-
The author advises traders to look at every bar on a chart and to understand why it's taking place and to figure out a way to make money off of it.
-
The author's books provide a rationale for why particular patterns are reliable setups for traders, and the terms used have specific meaning to market technicians but different meanings to traders.Insights on Price Action Trading
-
Successful traders have common setups and catch the same swings, but have their own reasons for getting into a trade.
-
Traders aim to maximize profits through a compatible trading style with their personalities.
-
It took the author over 10 years to become consistently profitable due to personal obstacles and the need to find a profitable approach.
-
Many traders struggle with confidence and the belief that they can't find a consistently profitable approach.
-
Trading is not easy despite clear entry and exit points on a chart, and novices tend to take losses to avoid bigger ones.
-
Using wide stops can help avoid busting a trader's account, but traders may still hit big losses that scare them away from the approach.
-
Institutions already have the smartest traders in the world who intuitively know price action, so having more players know it won't tip the balance.
-
Any edge a trader has is extremely small, and any small mistake can result in a loss.
-
Understanding price action is essential, but it takes a long time to learn how to trade after learning to read charts.
-
The author hopes to provide insights that will improve already successful trading for other traders.
-
Without compatibility between trading style and personality, it's virtually impossible to trade profitably for the long term.
-
The author's personal obstacles included raising three daughters, accepting personality traits, and building confidence.
Introduction to Brooks Trading Course
-
The author, Al Brooks, is a trader who has written a comprehensive book series on price action to fill a void in his life.
-
The series is divided into three separate books, with the first book covering price action basics and trends.
-
The author's goal is to describe his understanding of why certain trades offer great risk/reward ratios and to present ways to profit from those setups.
-
The author believes that every chart has an incredible amount of information that can be used to make profitable trades.
-
Ninety percent or more of all trading in large markets is done by institutions, which means that the market is simply a collection of institutions.
-
The author advises traders to always be trading in the direction of the majority of institutional dollars because they control where the market is heading.
-
The market is increasingly being traded by computers, with computer-generated trading now accounting for as much as 70 percent of the day's volume.
-
The author believes that there are some large patterns that repeat over and over on all time frames and in all markets, like trends, trading ranges, climaxes, and channels.
-
The author advises traders to focus on the absolute best trades, avoid the absolute worst setups, use a profit objective (reward) that is at least as large as their protective stop (risk), and work on increasing the number of shares they are trading.
-
The author believes that there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones.
-
The author advises traders to look at every bar on a chart and to understand why it's taking place and to figure out a way to make money off of it.
-
The author's books provide a rationale for why particular patterns are reliable setups for traders, and the terms used have specific meaning to market technicians but different meanings to traders.Insights on Price Action Trading
-
Successful traders have common setups and catch the same swings, but have their own reasons for getting into a trade.
-
Traders aim to maximize profits through a compatible trading style with their personalities.
-
It took the author over 10 years to become consistently profitable due to personal obstacles and the need to find a profitable approach.
-
Many traders struggle with confidence and the belief that they can't find a consistently profitable approach.
-
Trading is not easy despite clear entry and exit points on a chart, and novices tend to take losses to avoid bigger ones.
-
Using wide stops can help avoid busting a trader's account, but traders may still hit big losses that scare them away from the approach.
-
Institutions already have the smartest traders in the world who intuitively know price action, so having more players know it won't tip the balance.
-
Any edge a trader has is extremely small, and any small mistake can result in a loss.
-
Understanding price action is essential, but it takes a long time to learn how to trade after learning to read charts.
-
The author hopes to provide insights that will improve already successful trading for other traders.
-
Without compatibility between trading style and personality, it's virtually impossible to trade profitably for the long term.
-
The author's personal obstacles included raising three daughters, accepting personality traits, and building confidence.
Introduction to Brooks Trading Course
-
The author, Al Brooks, is a trader who has written a comprehensive book series on price action to fill a void in his life.
-
The series is divided into three separate books, with the first book covering price action basics and trends.
-
The author's goal is to describe his understanding of why certain trades offer great risk/reward ratios and to present ways to profit from those setups.
-
The author believes that every chart has an incredible amount of information that can be used to make profitable trades.
-
Ninety percent or more of all trading in large markets is done by institutions, which means that the market is simply a collection of institutions.
-
The author advises traders to always be trading in the direction of the majority of institutional dollars because they control where the market is heading.
-
The market is increasingly being traded by computers, with computer-generated trading now accounting for as much as 70 percent of the day's volume.
-
The author believes that there are some large patterns that repeat over and over on all time frames and in all markets, like trends, trading ranges, climaxes, and channels.
-
The author advises traders to focus on the absolute best trades, avoid the absolute worst setups, use a profit objective (reward) that is at least as large as their protective stop (risk), and work on increasing the number of shares they are trading.
-
The author believes that there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones.
-
The author advises traders to look at every bar on a chart and to understand why it's taking place and to figure out a way to make money off of it.
-
The author's books provide a rationale for why particular patterns are reliable setups for traders, and the terms used have specific meaning to market technicians but different meanings to traders.Insights on Price Action Trading
-
Successful traders have common setups and catch the same swings, but have their own reasons for getting into a trade.
-
Traders aim to maximize profits through a compatible trading style with their personalities.
-
It took the author over 10 years to become consistently profitable due to personal obstacles and the need to find a profitable approach.
-
Many traders struggle with confidence and the belief that they can't find a consistently profitable approach.
-
Trading is not easy despite clear entry and exit points on a chart, and novices tend to take losses to avoid bigger ones.
-
Using wide stops can help avoid busting a trader's account, but traders may still hit big losses that scare them away from the approach.
-
Institutions already have the smartest traders in the world who intuitively know price action, so having more players know it won't tip the balance.
-
Any edge a trader has is extremely small, and any small mistake can result in a loss.
-
Understanding price action is essential, but it takes a long time to learn how to trade after learning to read charts.
-
The author hopes to provide insights that will improve already successful trading for other traders.
-
Without compatibility between trading style and personality, it's virtually impossible to trade profitably for the long term.
-
The author's personal obstacles included raising three daughters, accepting personality traits, and building confidence.
Introduction to Brooks Trading Course
-
The author, Al Brooks, is a trader who has written a comprehensive book series on price action to fill a void in his life.
-
The series is divided into three separate books, with the first book covering price action basics and trends.
-
The author's goal is to describe his understanding of why certain trades offer great risk/reward ratios and to present ways to profit from those setups.
-
The author believes that every chart has an incredible amount of information that can be used to make profitable trades.
-
Ninety percent or more of all trading in large markets is done by institutions, which means that the market is simply a collection of institutions.
-
The author advises traders to always be trading in the direction of the majority of institutional dollars because they control where the market is heading.
-
The market is increasingly being traded by computers, with computer-generated trading now accounting for as much as 70 percent of the day's volume.
-
The author believes that there are some large patterns that repeat over and over on all time frames and in all markets, like trends, trading ranges, climaxes, and channels.
-
The author advises traders to focus on the absolute best trades, avoid the absolute worst setups, use a profit objective (reward) that is at least as large as their protective stop (risk), and work on increasing the number of shares they are trading.
-
The author believes that there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones.
-
The author advises traders to look at every bar on a chart and to understand why it's taking place and to figure out a way to make money off of it.
-
The author's books provide a rationale for why particular patterns are reliable setups for traders, and the terms used have specific meaning to market technicians but different meanings to traders.Insights on Price Action Trading
-
Successful traders have common setups and catch the same swings, but have their own reasons for getting into a trade.
-
Traders aim to maximize profits through a compatible trading style with their personalities.
-
It took the author over 10 years to become consistently profitable due to personal obstacles and the need to find a profitable approach.
-
Many traders struggle with confidence and the belief that they can't find a consistently profitable approach.
-
Trading is not easy despite clear entry and exit points on a chart, and novices tend to take losses to avoid bigger ones.
-
Using wide stops can help avoid busting a trader's account, but traders may still hit big losses that scare them away from the approach.
-
Institutions already have the smartest traders in the world who intuitively know price action, so having more players know it won't tip the balance.
-
Any edge a trader has is extremely small, and any small mistake can result in a loss.
-
Understanding price action is essential, but it takes a long time to learn how to trade after learning to read charts.
-
The author hopes to provide insights that will improve already successful trading for other traders.
-
Without compatibility between trading style and personality, it's virtually impossible to trade profitably for the long term.
-
The author's personal obstacles included raising three daughters, accepting personality traits, and building confidence.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge on price action trading with our quiz on the Introduction to Brooks Trading Course. This quiz covers the key concepts and insights shared by author Al Brooks, including the importance of trading with the institutions, the role of computers in the market, and the reliability of certain patterns. You'll also be challenged on your understanding of successful trading strategies, compatibility between trading styles and personalities, and the importance of building confidence. Whether you're a seasoned trader or just starting out, this quiz will help you assess