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

Hubert is so good that he can cry in the webinar over his sour memory from high school :D I bet all the other presenters in that webinar were smirking behind.

Any story can be told online if no one can prove the validity of it.

Rob is good but not as good as John & Hubert. He's got some conscience issue. Hubert recently told that you need to build "thick skin" to be successful. Rob tries but doesn't have as thick skin as theirs.

Yes, I am one of the big suckers. Should've checked this site earlier. Dang it! Keep enjoying Rob's lesson, old people!!

I'm outta here.
 
Quote from nkhoi:

as long as you say this is for education then its outside the future authority. How do you think trader international, ttm still in business? by claiming 'education' only thats why.
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How does the NFA know if someone is saying it is for educational purposes only? If a complaint is filed then they have to open an investigation to determine if the person needs to be under the regulatory authority of the NFA or not. It is a bit of a catch-22 since they can essentially investigate anyone, and anyone can then be subject to an audit and end up being under their regulatory authority.

This isn't to say that all people get audited. A complaint has to be filed, first. Because of this risk, most people doing this sort training don't provide any real results and say all trades and trading results should be considered hypothetical. Hoffman, on the other hand, says his trades are real. That opens him up to additional risk of being audited because the only way for someone to verify if the trading results are accurate or not is to have an official audit done. Just imagine a scenario where someone is providing fake futures trading results to paying customers and they have not registered with the NFA. This is the sort of thing the NFA is supposed to investigate and prevent. They can do that by forcing their Congressionally approved authority as a regulatory agency. It is no different than any other authority doing an investigation, like if you are running an illegal business in a city then the city is free to investigate you, even if you never got a business license. The city gets to determine if they can force you to get a license.
 
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 Rob Hoffman, Hubert Senters, John Carter about dealing with losses. Gee, I wonder why?! LOL! And, for those who aren't members, they're offering a 2-week $5 trial membership.

It's almost tempting to sign up for the $5 trial just for the entertainment value. Someone please talk me out of it!

(and no, I'm not worried they could 'accidentally' charge me more than $5 and get away with it...I have ways of preventing that)
 
Quote from Jreality:

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 would eventually blow up his account:

http://www.mrswing.com/articles/When_Will_Rob_Blow_Up.html

www.tradethemarkets.com/public/When_Will_Rob_Blow_Up.cfm

ADD: From the video: "now, I just can't wait to see him blow up...'cause you know it's gonna happen" LOL!
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Nice find

oh ha ha, one of our highly paid "educators" will blow up and take many who cant replenish their accounts down with him. Hilarious, pay him 300 a month to lose faster!
 
Looks like they removed that vid. Would have been hilarious to see.

Quote from bathrobe:

Nice find

oh ha ha, one of our highly paid "educators" will blow up and take many who cant replenish their accounts down with him. Hilarious, pay him 300 a month to lose faster!
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Quote from marketsurfer:

Any evidence this brilliant marketing move was not in a simulator? I heard colors of platform but that's easily changed.... Any evidence?
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The position was liquidated by his broker. They don't do that to simulated accounts. Why would they care if he lost 300 thousand, or 300 million if it was a simulated account?
 
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