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As I commented in another reply (please pardon the repetition), I was "in the room" that day and saw the entire trade happen. The trade was in a losing position almost from the start of it. He just continued to leverage and lose. It was sad, but he deserved it. He had spent months hammering...

I was one of the people "in the room" (remotely) with him when he had that loss. I watched it happen from start to finish. I believe he hit a loss of 308k when he got the margin call. At the time I was a member of Trade The Markets, and was "in the room" with him every day - - I did not take...

Incidentally, Hoffman and TTM have parted ways, and now he has a site called BBT, which looks almost identical in format to TTM's site. I think TTM's site looks marginally better, but I don't think that either site is very well designed. This seems to be a recent development, and one that...

I watched the entire trade happen, and it was actually 308k and maybe some 'change'. In any case, it was quite a loss, and he was closed out of the trade by the broker via a margin call. It was a Russell Futures trade, and he did continue to pile on contracts. I think the final number of...