Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

HighStakes

No B.S Day Trading

Recommended Posts

I think John Grady's e-book is a fair deal at $40. Grady is now offering webinars too. Jack Broz also offers order flow training at:

TradeBondFutures.com

 

I agree that this style of trading is not for everybody (myself, for example). I am still using order flow in my projects, but I am relying on automation to do the parts that I am not very good at. I have no plan at this time to buy any trainings or mentorships, as those get expensive fast and emphasize adopting the vendor's style. I figure at some point I need to start thinking for myself.

Share this post


Link to post
Share on other sites
Hello everyone,

 

This course (book + videos) came to my attention last week. It seems to fill a few gaps in my knowledge base and covers stuff I`m interested in learning more about.

 

NO BS DAY TRADING - No BS

 

Anyone here who`ve read it yet?

 

Thanks in advance,

 

HighStakes

 

Come on Highstakes,

Its only $39 Just buy it and see for yourself.

BUT

If you think you can buy the holy grail for $39. Well.....

You come from Oslo. Thats near the home of Father Christmas.

Kind regards

bobc

Share this post


Link to post
Share on other sites

I think its a good question. Most of the books out there add little to our knowledge so checking if at least one person thinks it's good is sensible - its not the price of the book necessarily; we also have to invest the time to read it.

 

Lovely city Oslo; I was a little disappointed by Copenhagen but Oslo was as clean and beautiful as a European Capital deserves to be.

Share this post


Link to post
Share on other sites
I think its a good question. Most of the books out there add little to our knowledge so checking if at least one person thinks it's good is sensible - its not the price of the book necessarily; we also have to invest the time to read it.

 

Lovely city Oslo; I was a little disappointed by Copenhagen but Oslo was as clean and beautiful as a European Capital deserves to be.

 

Spidey Sense

You are right

bobc

Share this post


Link to post
Share on other sites

Al Brooks has three new price action books soon to be released. I'm betting they will help greatly to decrypt and expand on his first, horribly edited effort.

 

So, the money is probably better spent learning re-edited and expanded price action tips from Al who keeps it visually as simple as possible with a plain 5 min chart and a 20 ema than some Generation X-er with a potty mouth.

Share this post


Link to post
Share on other sites
Al Brooks has three new price action books . . .

I tend to cringe when I hear the phrase "price action", because if you ask 10 people what they mean by it, you get at least 14 definitions. In general, if a trader is monitoring a chart (5 minute or otherwise), he is not doing what I consider to be "reading order flow". That's not to say there is anything wrong with trading from charts. I have used charts in the past.

 

"Tape reading" is another phrase that's often interpreted in many ways. Traditionally, it meant charting price moves, and had nothing to do with reading a Time & Sales display. That's unfortunate but understandable, since computers had not been invented yet.

Share this post


Link to post
Share on other sites

I appreciate the input, rwk.

 

I`ve read well over 100 books on trading and extensively studied half of them. Knowing that 80-90% of what is written on trading is mostly useless and recycled garbage from guys who don`t know how to trade, I`m usually fairly critical, especially when it comes from some online vendor where the barrier for releasing something is pretty much non-existent.

 

The other thing is that I`m not so sure how reliable reading order flow is in a market such as S&P, considering arbitrage and program trading.

 

I`m intimately familiar with the works of Al Brooks. I read his book twice and then re-wrote it on the third time in a language I could understand. Learned a lot from him and myself:)

 

SpideySense,

 

When did you visit Oslo? I`m actually embarrassed over our capital as parts of it is dirty and full of visible drug abuse,etc.

 

Glad you liked it though. Parts of it is truly beautiful :)

 

Kind regards,

 

HighStakes

Share this post


Link to post
Share on other sites

This was reccomended by one of the traders at a trading arcade I used to trade at. As a trader it made very good sense, then as a Broker taking orders of Investment Bank Traders either for their Clients or on a proprietary basis the article made even more sense. Good value for money and excellent.

 

"Turn those charts off and Trade!".

Share this post


Link to post
Share on other sites

IMHO, price action apply to both charts and order flow. Just in different ways:

in candles/bars (charts) and in figures (order flow)

 

I tend to cringe when I hear the phrase "price action", because if you ask 10 people what they mean by it, you get at least 14 definitions. In general, if a trader is monitoring a chart (5 minute or otherwise), he is not doing what I consider to be "reading order flow". That's not to say there is anything wrong with trading from charts. I have used charts in the past.

 

"Tape reading" is another phrase that's often interpreted in many ways. Traditionally, it meant charting price moves, and had nothing to do with reading a Time & Sales display. That's unfortunate but understandable, since computers had not been invented yet.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.