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TraderGuy101
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TraderGuy101 started following TTM/DDF Value Chart, PowerCharting Joins TTM, TTM DDF Value Chart Question and and 1 other
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Funny you said that, I feel the same way all the time... lol.
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Obviousely you are not as confident in what you say as Hoffman is in his trading. But, to each his own. We will agree to dis-agree.
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Absolutely, and he has a scalling calculator that is also provided to all students. He works through the calculator on an almost daily basis.
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That's fair, but it's also fair you plan on eating crow or something if he doesn't....lol. Would you even be willing to publically state in this thread to say something like "I guess Hoffman knew more than me" if he doesn't blow up in the next 12 months? Also, what is the defination of blow up (meaning he has to leave the business, or perhaps losing a million bucks)? Can we set June 1, 2012 as the date?
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I know you are busy and I sure am as well. We will just agree to dis-agree on a few pts. Robert has a great memory and get's to know people on a personal level. I believe this was even a surprise to Hubert and John (how well he knows his students). I have never met anyone in the trading community that is willing to help as much as him. I expect someone to chime in now and say "sure he helps but there is a fee", but the other side of that coin is he has helped many people and organizations for many years in the past. In my opinion he has a special skill set that few have, and deserves what his fee structure is now.
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I believe TTM asked for his help, not the other way around.
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Well if they are (students), they must be asleep and want attempt to trade with him anyway. He warns then of his ability to trade large several times a day, most times even before he enters a trade. This is the problem with these forums... you are saying "what I dislike about this is that HIS Students are probably unaware" whereas if you knew the facts you would say instead " What I LIKE about this is that HIS Students ARE aware"... No offence to you, but there is no way you can correctly evaluate this as you are assuming false assumptions from your past (I assume bad) experience.
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Actually, he goes short and long probably an equal amount - so this is not a trending issue (although you didn't refer to what market you were talking about). Robert does know he will have a loss, and I have seen him have them... just not in the last 16+ months. Also, he is one of the best managers of money I have seen in a trader, so he will not be stupid enough to be painfully hurt when a loss comes.
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His broker is Infinity Futures, and you can see them at nearly any trade show or call them on the phone. I believe Robert Hoffman has given Infinity permission to state his performance (this is somewhat common in the industry if a client agrees to it).
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Steve, it's impossible to give you an alternative here.... as anyone who attempts is shot down for being a newbie, first time poster, having less than 10 post, or whatever. In otherwords you might be sincere in wanting an explanation, but most here have no interest in anything but what they already know for sure (which in their minds is more than anyone else).
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This is not an accurate statement from you, you might think it is but its not.
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I assume you meant that to be offensive. Sorry, but I do have a busy life. It's Sunday evening, and I am just beginning to lay out my week and had a few minutes to check out this forum - the first time in months by the way I believe.
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I am very busy, but just thought I would post a quick note to try to give a different opinion from the prior two post so that a casual reader might not be left with a fuller view. I realize I hardly ever post (which usually means in a forum that your opinion is flamed if it is somewhat positive as you have no credibility for having to few postings). Anway, take this for whats its worth. I have been a part of the PowerCharting room a couple years (all of 2009 and 2010). The 3 free trial days was unusual, as there were a 1,000 people there. A person might think his question was being dodged, but how can you answer a 1,000 people asking questions - and they said over and over and over during those three days that the questions were flying so fast many could not be addressed. That makes practical sence if you think about it. However, in the next few days everyone got all their questions answered - even in the nite time session. In fact, in year 2010 during the trading room hours there were no losing trades made by Robert. I was there I think everyday. By the way, Robert could care less about that record - it just happened in that he had good setups all year. Yep, he had some losing trades in year 2009 but ended the year up substantially positive. I suspect his 2009 year was more like most great traders would give their right arm for - a good Up year. I suspect he will have some losing trades in year 2011 - but as of Feb. 4, 2011 none in the trading room yet. Again, he could care less about this record - he is more interested in his setups. Year 2010 was a special year as Robert pretty muched dumped the ES he traded in year 2009 and that paid off big time for him and us. In year 2010 he traded many other instruments (euro, pound, yen, gold, oil, still some es, and othere instruments). In other words, we went where the action was at the time. No one should make an opinion after just visiting Roberts room for just one day in understanding his trading style. It takes a few months to really learn it and then it can pay off good dividends. I doubt there be another free day as the room is pretty much packed at its 1,000 limit and the only way a person is going to get into the room in the future will be if someone quits. As of this today, the room is not 100% maxed out, but probably will be if you read this at a later time - at that point there will be a waiting list. Robert's room will NOT work for anyone who is just looking to mirrow trade setups. Robert's room can work for a person who is wishing to learn setup's that do work, for those needing to learn discipline, and for those who don't think that "huge losses" are just part of trading. Update at 10:56am on Feb. 4, 2011 - just a quick note a short time after I posted the above while we were waiting for a setup. This has been a slow week for Robert (few small trades each day), but his setup just kicked in couple minutes ago and he made 4 digit profits on an oil trade. He doesn't need to post his winnings on the web, so I am respecting that.
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daedalus, Could you point me to the indicators section, I just can't find it as here in the forum. Thanks
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Hopefully someone can help me with this well used indicator. It is evidently available for free at tradethemarkets.com site (as someone else has already posted this link), and is just a modification of Value Chart: http://www.tradethemarkets.com/public/1973.cfm My question is this: when I install this indicator, no chart appears on the screen for the TTM DDF Value Chart, but you can see the TTM DDF Value Chart indicator has been inserted into the TS window. As a side note, the TTM DDF indicator does appear on the chart with no problem. Also, I downloaded the ValueChart.eld from the forum here that was posted by Blu-Ray, and that works perfectly. However, I need the TTM Value Chart one for some testing. Any help is appreaciated.