If he gave back several years worth of gains from the room in a single day, then something is seriously wrong with his trading methodology.
Rob likely started to believe he was such a levels guru that the Martingale strategy would always work for him.
You should watch this video from Carter & Senters talking about how they expected Rob to eventually blow up. In other words, they PREDICTED...
He did a webinar after his losing trade. In the webinar he said that he was comfortable with the loss and anyone who was saying he "got his head...
Even if is true that he lost everything from trading, his subscription fees likely covered his losses. It must be nice to have subscription fees...
Thanks for the screen shot. I had to zoom in to make out the numbers. When you add up the two numbers (realized loss shown on the right, PLUS...
Yes, blog sounds like a good idea.
Quote: I've received payments in lieu of dividends on fully paid for securities. See this post:...
Correct me if I'm wrong, but it seems to me that when a futures broker "segregates" the customer funds, there isn't actually an individual bank...
FWIW, I've had an IB account since sometime in 2010. I never dip into my margin, and haven't done so the whole time I've had the account. My...
On her blog she said on Nov. 4th that the is finished paying her federal income taxes because she "refuses to hand her money over to the...
Rob? Is that you? :D
I'm told that he supposedly made a bunch of changes in the room for the purpose of better risk management. I suppose that is analogous to...
Wow! All that screen time gone to waste! (except for the subscription fees he managed to collect from wannabes) Why bother daytrading at all if...
Rob tried to make it sound like his account size was so big to begin with that the loss was not that a big deal to him at all. He said that...
Interesting how it took a blown out account before he decided to use stops again. And people are paying him for this expert trading advice?!...
I'm told that some brokers trade AGAINST their clients. ADD: I won't mention the name of one that I'm told trades against their clients........
I would expect that he still will have a high percentage of winners, but the losers will be more frequent than before and the losers will still be...
Ironically, John Carter's own trading plan has the following rule: "If you hit a 30% total drawdown, it is time for a 6 week break from...
How do you know for certain that it was him?
Separate names with a comma.