523: Mastering Price Action Trading Will Make You Profitable - Al Brooks

523: Mastering Price Action Trading Will Make You Profitable - Al Brooks

Author: Etienne Crete September 1, 2025 Duration: 26:51

In episode 523 of the Desire To Trade Podcast, you will be listening to an interview with price action legend, Al Brooks, discussing how mastering price action trading will make you profitable. If you've ever found yourself holding onto a losing trade, hoping it will turn around, you're not alone. In this conversation, we dive into the mental traps that trip up beginner traders and how to develop the clarity needed to trade without stress. Al shares decades of hard-earned wisdom on reading charts, managing risk, and the one thing that should never be part of your trading plan.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

  • 00:00 Introduction
  • 00:45 The journey to learning price action
  • 02:19 The "dishonest" early days of trading education
  • 03:38 The realization: self-education is key
  • 04:41 The common beginner problem: wiping out gains
  • 06:05 The right way to scale into trades
  • 07:47 How to know when you're wrong
  • 09:10 Identifying a trend reversal
  • 10:10 The experienced trader's mindset
  • 11:23 Overcoming bias in trading
  • 13:11 Protective stops for beginners vs. experienced traders
  • 14:08 Making price action objective
  • 16:23 Trading in a 40-60% probability world
  • 18:05 Reward-to-risk and swing trading vs. scalping
  • 19:54 The emotional toll of scalping
  • 22:11 Adapting to different market times
  • 26:11 Where to find Al Brooks

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

About The Desire To Trade Podcast

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How to find Al Brooks

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!


Hosted by Etienne Crete, the Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders is a deep and practical resource for anyone serious about the foreign exchange market. This isn't about hype or quick tips; it's a focused exploration of the mindset, strategies, and daily habits that separate consistently profitable traders from the rest. Each episode features candid conversations with proven traders from diverse backgrounds, dissecting their real-world experiences, toughest losses, and most valuable breakthroughs. You'll hear detailed discussions on analysis techniques, risk management psychology, and building a sustainable trading business. Etienne guides these interviews with a clear purpose: to extract actionable lessons you can apply directly to your own charts and decision-making process. The podcast operates from a core belief that trading mastery is a skill built through education and disciplined practice, leading to greater independence. Whether you're refining your system or just starting out, these conversations provide the nuanced insights and hard-won wisdom rarely found in textbooks or online forums. Tune in for a straightforward, no-fluff dialogue about what it truly takes to navigate the markets with more confidence and control.
Author: Language: English Episodes: 100

Desire To Trade Podcast | Interviews with Highly Successful Traders
Podcast Episodes
505: The Mindset Of A Millionaire Trader - Jerremy Newsome [not-audio_url] [/not-audio_url]

Duration: 33:05
The Mindset Of A Millionaire Trader In episode 504 of the Desire To Trade Podcast, we will be listening to the recording of an interview with stocks trader, Jerremy Newsome, talking about the mindset of highly successful…
503: Wealth Building Mindset For Traders - Navin Prithyani [not-audio_url] [/not-audio_url]

Duration: 25:55
Wealth Building Mindset For Traders In episode 503 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Navin Prithyani, discussing wealth-building mindset for traders. Let's delve i…
502: How to Think Like a Profitable Trader – Yvan Byeajee [not-audio_url] [/not-audio_url]

Duration: 23:35
How to Think Like a Profitable Trader In episode 502 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Yvan Byeajee discussing how to think like a profitable trader. He talks abou…
501: Trading Lessons from 27 Years in the Markets - Charlie Burton [not-audio_url] [/not-audio_url]

Duration: 29:40
Trading Lessons from 27 Years in the Markets In episode 501 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Charlie Burton, who unpacks trading lessons from 27 years in the mark…
499: How Successful Traders Live Off the Markets - Kathy Lien [not-audio_url] [/not-audio_url]

Duration: 17:28
How to Trade Daily Charts for a Full-Time Income In episode 499 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Kathy Lien who discusses how successful traders live off the mark…
497: The Resilience Mindset of Top Traders - Paul Wallace [not-audio_url] [/not-audio_url]

Duration: 26:06
The Resilience Mindset of Top Traders In episode 497 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Paul Wallace who discusses the resilience mindset of top traders. He talks a…