5 Steps to Finding Today's Trades

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Published 2021-06-20
Al Brooks' approach in 5 steps to finding today's trades. How to recognize patterns to anticipate what will follow to structure and manage trades successfully.
Full transcript on website here:
www.brookstradingcourse.com/trading-strategies/5-s…

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Risk Disclosure:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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All Comments (21)
  • The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stoc,ks, Gold, silver and digital currencies.
  • I don't know how to thank´s everything I learned from Al. He taught me how to read a graph like someone reading a sheet music. He taught me that in trading, like any human activity, there are rules, tensions and also imperfections and probabilities. This is where the beauty of the game lies. If that weren't the case, this game would be boring. Thank you from Portugal!!!
  • Invest in stocks is a great way to invest your money. A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
  • @Johan10683
    I'm getting back into Al Brook's teachings and this is another great video to be watched over and over...
  • @safemail1767
    This guy beaks it down so clearly, brilliant work!
  • After 3 years, finally I found a reliable method! Thanks so much! I've bought all your translated books here in Brazil!
  • @nali2k10
    Sir huge respect for you.... Really appreciate your effort and time you have spend to make this for us. May God Bless you.
  • Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $800K amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
  • @dasdasdata
    Love the video. So glad it popped up in my YouTube feed. Nice to hear the approach from a longtime experienced trader. Good motivation about the importance of practice.
  • One of the best trading videos I've ever seen. I'm new to you Al, but just taking on board your view "price is always either in a channel, or breaking out" has already changed my approach and helped my trading. I see your course in my future :)
  • Yet I am not profitable but due to Al brooks, my losing streak somehow stopped, great man, great trader !!
  • @HK1969-1
    found this by accident since i was looking for some beginner info. I am on the very start with trading by the age of 52. Thank you, for me it was very helpful. Best from Bavaria, Germany.
  • @javiossola7717
    At the End of the video all the chart made sense, it was like so Oh its so clear now. Amazing. Thank you Mr Brooks.
  • @sabyjpinto
    Hi Al. I had watched this same video 5-6 months back & i did not understand anything at that time. But now, after being in mkt for some time, I see ur reasoning & logic so clearly. I want to thank u soo much Sir. 👍🏻
  • Thank you Dr. Brooks. This is fantastic insight on pure price action.