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?
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...
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