I think regulating and auditing trading rooms is a very good idea.
The video in the top link works. Here it is again: http://www.mrswing.com/articles/When_Will_Rob_Blow_Up.html ADD: and here's the link...
Just got a marketing email from TradeTheMarkets. They're hosting a special "member only 2 day live trading webinar" (on July 27th and 28th) with...
It's funny, but, believe it or not, the guys (John F. Carter & Hubert) from TradeTheMarkets actually made a video in January predicting that Rob...
Comments probably have to be approved before they appear. Good luck getting a comment approved other than an ass-kissing comment.
By the way, anyone wanna buy a "Robert's Indicators" video from me? I think it's a "$300 value". Any offers? :-) No, wait!...it's actually...
The reason I'm asking is because another trader claims to have a proprietary ES forecast that helps him swing trade the ES, but he won't tell...
Yikes! It sounds like they were drinking the Reckless Rob Kool Aid!
Actually, now that I think about it, he's damned lucky that he "only" lost 312K. The notional value of his total postion, when he was in on...
He got lucky for a year (2010) where supposedly he didn't have a losing trade. The problem is he thought his understanding of the market...
"the know nothings" ??? Who do you think you are?.... Cramer?!....."They Know Nothing! They Know Nothing!" :-)
I agree that his position sizing strategy seems to be for the purpose of enticing more subscribers with a high win/loss ratio. The problem is...
Literally blowing out your account is not just a mere "drawdown". It is a TRADING DISASTER, and likely the only thing keeping him in the game is...
When I was in his room (a couple of years ago) his winners were relatively small and his losses (although much less frequent than his winners)...
I got the 312K number from a different discussion. Anyway, I'm curious...how much did he lose during the previous time that he lost?
My understanding is that his broker is Infinity, and the simulator is a different color (blue) than a live account (white). Rob always talks...
Excellent questions to ask. It would be nice if live trading gurus were required to publish independently audited trading results. I...
Excellent points! ADD: and his returns were likely abysmal in terms of the RISK he was taking on. The true RISK became evident when he lost...
Lets face it. What Robert Hoffman does (averaging heavily leveraged instruments) is dangerous. Even if it works for him 99% (or more) of the...
I suspect it IS a big setback for him, subscription fees notwithstanding. Also, I think that people who try to trade like him will lose more...
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