DallasStarsFan wrote (
View Post): › I've been monitoring Al's live service for two weeks now so I feel I should post a few observations for those considering the service.
I'll state right now that I am a huge fan and I believe this service is the best educational source on price action trading available at any price.
What you get:
Al provides exactly what he has promised through his web site. He gives you a bar by bar assessment of what he believes the market is doing through the entire day and discusses all the signals he sees developing. If you sign up to his site you can access the daily trading updates for free. Review these and imagine a live video/audio feed in real time and you will have a pretty good idea about what the live product provides.
I've read a few comments about Al not being specific enough about his calls during the day. Please remember that Al stated on his home page that he has no desire to become a CTA and does not want to be monitored by the NFA. He does give clear input regarding the signals he sees and updates the likelihood of that signal succeeding with each subsequent bar. The final decision to put your capital at risk is, and always will be, up to you.
I read Al's book three times before joining this service. I would have joined earlier, but I was unaware of the site. I feel the live update helps solidify what he has written and makes it much easier to identify/validate the set ups.
If you are questioning if the service is of value to you I would recommend that you see the thread in "Trading Discussions" section titled "How to Get Started." These are the steps that will likely be needed for someone starting to study Al's methods.
Bottom line...anyone wanting to learn to trade using price action is going to have to invest some (probably a lot of) time to go through the learning process. The web site is a tremendous ongoing educational tool of what Al has discussed in his book. The live webinar helps you progress from seeing historical signals in a chart to anticipating the signals as they unfold in real time.
There are very few books available on price action and I believe Al's is considered to be the benchmark. Others may be as fluent as Al in price action trading, but they are not accessible to the public. Based on the research I have done I would have to consider Al to be THE subject matter expert in this area. Having access to his thoughts in real time is invaluable.
Al has provided a comprehensive educational system and the webinar is just one part of the system.
I truly believe this site and it's community will spawn many traders that will have successful careers. Thanks Al!