Did Robert Hoffman really lose 312K in a single TF trade? Yikes!

Discussion in 'Trading' started by Jreality, Jul 19, 2011.

  1. EPrado

    EPrado

    So you paid a guy 300 bucks a month to learn what not to do. I guess that is money well spent

    :D
     
    #221     Sep 8, 2011
  2. hahaha, well, you know that will never happen.
     
    #222     Sep 8, 2011

  3. You actually believe that "goal"? Were you born yesterday? Are you sheltered? Do you live in a town of 50 people? Are you a home schooled fool?

    Rob robbed you.
     
    #223     Sep 8, 2011
  4. Truthfully, I guess thats about the truth for my situation.

    Knowing when not to trade is at least as important to me as opening a position. I used to feel like I had to be in the market at all times.
    Is it 100% flawless, no - only the geniuses here of ET are perfect and are in no need of any help whatsoever. I needed help and got it from Rob.

    BTW, from the last free webinar a few weeks ago that I attended, the TTM sales team of Hubert and John did say that they only had like 100 seats left - so they must have at least 900 other assholes in that room everyday lol.
     
    #224     Sep 9, 2011
  5. Well Mr perfect trader SteveNYC, I needed to correct many bad habits - and I did. Then I needed to learn a better trading methodology and I did that too thanks to Rob. There sure is hell is no way to do that here, certainly not from the likes of you.

    All you seem to be able to teach people is how to be the bigger idiot.
     
    #225     Sep 9, 2011
  6. You paid a guy $300 a month to force you do waste your time not trading, as not losing money (except losing $300 ofcourse) is worth more than losing money. I like this idea. lose-lose situation :p
     
    #226     Sep 9, 2011
  7. EPrado

    EPrado


    Sure....free being the key word. Not sure what having 900 people in the world attend a free webinar says.

    I understand it's tougher these days getting into trading and learning. But there are a lot better ways than learning from some clown who trades Russell Futures on a webinar.

    There are a TON of great trading books which can teach you much more than what you learn in a chat room. Read them, try some of their strategies....create your own strategies...put the time in.


    Problem is..too many new people just want to join a webinar..be told when to buy..when to sell...and make money.

    This line you said is very true:

    "Knowing when not to trade is at least as important to me as opening a position. I used to feel like I had to be in the market at all times."

    Unfortunately.....clowns like Hoffman will never try and push this on their students. Doing this gives people less of a reason to join one of these pay per view sites.

    There is a reason these marketers trade YM/Russell. One of them is they are more volatile and can give the "instructor" 100's of scalps all day. Think about it...........
     
    #227     Sep 9, 2011
  8. I read so many trading books over the years that I swore them off a very long time ago - there's no comparison to watching real live trading and books don't even come close - not for me anyway.

    Actually, when I was in his room, I never remember him trading anything but the ES and Euro (E6). Occasionally he would trade something else but if he ever traded TF I don't remember it.

    One thing most folks I know hated about his room was his lack of trading. Some days he would not trade at all, usually though he made one or two trades during the day, rarely more than 3 or 4 trades. He taught patience by example and a lot of folks hate that. they seem to expect him to trade whether there is a setup or not - and he won't - or at least never did - do that.
     
    #228     Sep 9, 2011
  9. emg

    emg

    He is not a trader. He is a salesman. Majority of salesmen/saleswomen are fail traders. It is easy to teach but hard to trade.


    More than 90% of small traders lose. They just lose!!!
     
    #229     Sep 9, 2011
  10. DT-waw

    DT-waw

    Sorry, but his clients are clowns. He is just a smart businessman, who takes advantage of unlimited sea of greed, delusion and lack of any logical thinking.
     
    #230     Sep 9, 2011