Search results

  1. A

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

    Not really. It may come to a point where anyone touting trade signal service would have to account for signed disclosure documents from every single room participant kept on file. Do you know what that would do to free trials process? It would squelch them greatly. Also, if the signal caller...
  2. A

    ES Journal Archive (2011)

    imo right now all bets are off as to long-term direction from here. The way indexes are churning sideways at relative highs for months looks a lot like mid-term tops from years past. sub-20 VIX, sideways churn with gaps everywhere and price stalled at relative highs. I would not be married to...
  3. A

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

    Well, the bottom line is a lot of gray area and uncertainty will exist if regulators take further action. They might do that solely as a token gesture to appease myriad complaints from the follow-us and/or trade-our-money schemes. I'm sure with enough money and legal advice, loopholes can be...
  4. A

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

    The potential regulations expected would pretty much negate the ability to promote "follow us" type trade-call services. NFA could say that all new trials and subscribers must sign CTA disclosure documents and return to be held on file. They could audit email testimonials, could hold...
  5. A

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

    Just recently a number of futures clearing firms have opted to decline new account applications from trade advisory operators who are not CTA status. Also, I think the pending regulation changes are probably a result of those "join our service = follow our trades = qualify to trade our own...
  6. A

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

    Pretty much anyone who offers a service that promotes = suggest following along the trade calls for trading action will be taken apart at the seams. Those that offer any suggestion of following along to trade the signals, trade the posted calls, testimonials that proclaim success following...
  7. A

    ES Journal Archive (2011)

    At some point in time every "trend" ends, otherwise markets would be a straight-rope forever. Tops and bottoms on any time frame usually happen with a higher high top or lower low failure. That washes out the masses who stage protective stops just beyond swing points AND traps the masses who...
  8. A

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

    fwiw: I have heard from good authority that the trade-advisory room industry is about to be scrutinized and regulated heavily. In a nutshell, room traders such as Robert or anyone else working with their own real-money accounts are going to be looked at as pseudo money managers, aka promoting...
  9. A

    successful traders: did you have a mentor?

    I had no real mentors at all... learned everything thru trial & error paid to the school of hard knocks. That was hands down the longest, slowest, most costly way to learn by far. What I "paid" the markets in lost money, missed opportunity and lost time would be a staggering sum if lumped...
  10. A

    Starting with 1 ES contract...

    Anyone who offers education to the public... fee based or FREE of charge needs to post a CFTC disclaimer by CFTC law. Unless every person who accesses every bit of information on ny site was able to fill trades exactly to the tick with no variance, it is considered hypothetical by CFTC ruling...
  11. A

    John Carter - Hubert Senters - tradethemarkets.com SCAMS?

    If the position was closed for margin violation, that meant it had to fall below $500 per contract if that specific broker permits day-trade margin... which might not apply to 800+ contracts but each broker can define risk as they please. There is no such thing as exchange mandated intraday...
  12. A

    John Carter - Hubert Senters - tradethemarkets.com SCAMS?

    ... and once you actually experience that type of forced liquidation into a big net loss, it changes everything in your mind. Now that it actually happened for real, you know it can happen again. At any time. No doubt the same general tactic has worked out in the end literally dozens of...
  13. A

    John Carter - Hubert Senters - tradethemarkets.com SCAMS?

    I bet there was some slippage when 852 contracts hit that market sell. Made for quite an adventurous day... starting from one contract short in the morning. Must have been an interesting dinner conversation at home that night.
  14. A

    Starting with 1 ES contract...

    We can be on the same page every day... go ahead and post your daily screenshot from real-time trades in any thread of your choice, and I'll join you there. Until that time, only one of us two has ever posted real-trade results in this website. And you ain't the one :cool:
  15. A

    Starting with 1 ES contract...

    Risk, there are reasons why EliteTrader.com has slipped from #1 traffic ranking for message boards a couple of years ago to no higher than 4th place right now and pretty much tied with a competitor for that. Quality of posts by most active posters is the beginning and end to that...
  16. A

    Starting with 1 ES contract...

    Going from 1 to 33 or 333 is 95% mental aptitude and 5% method ability
  17. A

    Starting with 1 ES contract...

    Yes... I belly-dance for a living, and all those ES "market calls" you salivate over in this site have real money trades behind them :cool:
  18. A

    Starting with 1 ES contract...

    That might seem logical due to "notional value" of the index per contract, but notional value means less than nothing to short-term futures traders. Range and volatility mean everything to risk management. At 1300 the VIX is teens to 20s and daily range 10ish points. A 1.5 point stop is...
  19. A

    Jim Rogers: Farmers will make more $ than bankers

    The biggest bottleneck to increased argriculture is fresh water. The world has much more land available to farm than it has water sources to irrigate with. Most of the edible crops grown (and likewise livestock) are water hogs. Corn in particular takes a tremendous amount of water to grow...
  20. A

    Jim Rogers: Farmers will make more $ than bankers

    CRP ground has millions of acres enrolled that could be turned if needed. Also, a lot of ground that's overgrown and fallow for decades is now being cleared and can continue to be if needed. Around me, brushlots and weed fields for decades are now fresh soybean and cornfields this year. I'm...
Back
Top