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

Quote from RockyRacoon:

The funny part is that people think they will spend $300 per month for his room and make money on "his calls" lmao!

If folks would go there to learn, maybe they would - but they won't do that, so they don't learn anything lol.

Then you have peanut gallery wanna be traders who think they know everything - telling other unknowing folks ridiculous things who are hoping to learn - as though they could learn anything from the wanna be traders who can't trade their way into to two consecutive winning days rofl!

It's a viscous circle - keep up the great job teachers! LOL
More...

Well Rob/Hubert, I can tell you two things for sure:

#1: no trader in the history of electronic markets with zero exceptions EVER created lasting, profitable success by taking someone else' market calls. Has never before, does not currently and never will happen in this profession.

Nor can they learn anything from someone with a seemingly limitless bankroll fight the market's bias as a basis of discipline.

#2: I made more money trading 2-lot and 4-lot ES positions today in the direction of prevailing price than most Americans median income for an entire calendar month.

At no time did i ever need risk more than -$200 per trade, and at no time was there ever any "need" to add size while the market came back in my face.

Other than that, best of luck with that never-a-losing-trade thing ya got there :cool:
 
Quote from RockyRacoon:

The funny part is that people think they will spend $300 per month for his room and make money on "his calls" lmao!

If folks would go there to learn, maybe they would - but they won't do that, so they don't learn anything lol.

Then you have peanut gallery wanna be traders who think they know everything - telling other unknowing folks ridiculous things who are hoping to learn - as though they could learn anything from the wanna be traders who can't trade their way into to two consecutive winning days rofl!

It's a viscous circle - keep up the great job teachers! LOL
More...


Let me get this straight.....you go to some website and pay some clown 300 dollars to learn how to lose money trading 2 lots of Russell Futures...then call others wanna-be traders?

ET.....the gift that keeps giving.


As far as being a teacher? Nah....I was lucky enough in the early 90's to learn from real traders on desks at big firms/hedge funds. That's the way to learn....not from some clown scalping Russell's on a webinar.

Hopefully a few new guys see what real traders like myself say about these ridiculous sites and stay away.

The main problem these days are a lot new traders are beyond lazy. Want some holy grail to be handed them. Well.....good luck with that.
 
Quote from RockyRacoon:

Having a great day in the peanut gallery hey?

How'd you do trading today?
More...

My interwebs were down so I couldn't login to your room.... so I took the day off. I figure that saved my kids 5-large at least.
 
Quote from EPrado:

Yeah...the guy was making a few thousand at most each day (and that's being generous), loses 325k...then made it back already? No way in hell.

Loses 325k on an 800 lot....now trades 10 lots.....yeah...he made it back.....man...people will believe anything.
More...
I think he said his top was based on a percentage of his account then he forgot to make an 'adjustment' for the account growth spurt.
 
Quote from RockyRacoon:

See, this is freaking hilarious to me - and if they're not offended, it would make anyone who has been taught by Rob laugh because it shows you have zero clue about what you're talking about LOL.
More...

Where am I wrong? Enlighten me.

Been in the trading biz for 19 yrs. You know how many traders I have seen succeed from learning from one of these websites?

Hint.......it's between -1 and 1.
 
Quote from austinp:

Well Rob/Hubert, I can tell you two things for sure:

#1: no trader in the history of electronic markets with zero exceptions EVER created lasting, profitable success by taking someone else' market calls. Has never before, does not currently and never will happen in this profession.

Nor can they learn anything from someone with a seemingly limitless bankroll fight the market's bias as a basis of discipline.

#2: I made more money trading 2-lot and 4-lot ES positions today in the direction of prevailing price than most Americans median income for an entire calendar month.

At no time did i ever need risk more than -$200 per trade, and at no time was there ever any "need" to add size while the market came back in my face.

Other than that, best of luck with that never-a-losing-trade thing ya got there :cool:
More...

Well that's obviously a lie - screen shot of your account is required or you are a stinking liar.
 
Quote from RockyRacoon:

I'd be surprised if he didn't make it all back.........they guy does have an 8 figure account - what's the big deal?
More...


He was making a few thousand bucks a day at most. Then loses 325k in one day.

You do the math.



8 figure account?? Hilarious. Where do you get your info. I guess you are counting the 2 places to the right of the decimal.
 
Quote from EPrado:

Where am I wrong? Enlighten me.

Been in the trading biz for 19 yrs. You know how many traders I have seen succeed from learning from one of these websites?

Hint.......it's between -1 and 1.
More...

You (and the others here) really should avoid getting all your information from hearsay, then proclaiming it as fact.

Wouldn't you agree?
 
You must log in or register to reply here.
Back
Top