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TraderGuy101
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Everything posted by TraderGuy101
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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.
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Sorry guys, this red/blue line is extending so please ignore this part of the prior question.
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Are there any special settings to get these to work (the ones available for free fromt he tradethemarket.com site)? I have installed the ELD and also the workspaces per instructions. The TTM DDF Value Chart never appears (although you can see it is inserted into the chart window), and the TTM DDF Automatic does draw the line over the first hour (when the hour is complete), but no red or blue line is extended out from that to show the daily direction. Any help is appreciated.
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Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Sorry to waste your time, I was just answering the original post from the person who asked about the DTI program. -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Like you say EXACTLY, I don't know what your motives are, and you don't know mine. But mine is just to anwer the original posting. Please read the original post, a person asked for anyone's experience with DTI and I "offered" it cause no one else here has been a client of theirs - and mine has been very very good. I think I "offered" a lot in doing that. Just curious, do you not thinks its odd that the only person that is being challenged is the person who had a positive experience? I think the package is about $10k, and again it is not a "System", they just don't have one... and they will be the first ones to tell you that. I think that price includes software, an initial at home class that takes about a week with DVD's and manuals, then two weeks in Mobile, Alabama for training, and lifetime support. It is an education so "I" can learn to trade the markets on my own in whatever time frame best suits me. I am not trying to "sway" anyone, just trying to help "people" know there is a good company out there I found and I have been happy with - and that is DTI. Hope this helps.... -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
I would say this is a fair statement, the purpose of the free webinars would be to recruit new students and clients. However, thats not to say he isn't a very good trader, and he has a lot to offer... -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Why would you find that hard to believe? You don't know me. Isn't that the purpose of a forumn to help people for free? Do the moderators here get paid? I know that in many forumns people help others all the time without getting paid or compensated in some way. I am just doing the same in a slow market minute for me, or to take a break. I don't mean I am going to stay here every minute of every day, but I am willing to drop in every couple days as long as this thread continues with questions about DTI. You noticed the gentlemen from DTN Iq-feed chimed in and said something to the effect that his company receives no or few complaints to those using DTN Iq-feed and DTI. I am just agreeing with him, and giving more first hand knowledge. Also, notice that was his first post also. However, I tried to help the person who asked the original question to this thread... they asked did anyone have any experience with DTI. After reading the thread, no one did - I was the first one that who actually was a paying client of DTI to answer their question. Isn't the purpose of a forumn to help a person like him? I can see the thread has already degraded into some thinking because I had something positive to say about DTI that I must be getting something out of it. The only thing I am getting out of it is offering an opinion in a forum before someone lays their good hard cash down for something. I have done that myself on a few occasions, and its not fun. But, that doesn't mean that everything out there is bad. Again, I find DTI very good. Now to what they do, it is definately different than most. DTI trades the world markets, and we learn how to do that 23 hours and 45 minutes a day if we can stay awake that long. Some just trade the nite markets, others the day, whatever a person wants to do. I was drawn to DTI because I found myself being in a position that I would not be able to be in front of the computer during all normal USA market hours of 9:30am to 4:15pm eastern. DTI had a couple early morning trades that took place before 7am eastern, and since I was an early riser, this was great (being up at 5am or earlier eastern time). The plays, develop depending on what has taken place in the far east and also Europe - and I would trade the DAX or ES/YM,NQ during that timeframe depending on the stronger market. It would have taken me years to figure all these plays out to be profitable, and I preferred to let Tom Busby help me with this since he had spent years developing them (as a side note: he developed the DAX trade after 9/11 when US markets were closed I think he needed to trade or hedge positions). DTI are tape readers just like the old days, and it takes time to learn to do that correctly - and they tell everyone that daily. DTI doesn't use charts very much (I don't think Tom Busby ever uses charts), but I personally do. Now my schedule is also free during the day as well to trade, but often times I have made my daily goal by 7 or 8am eastern time, and I am not willing to give it back the rest of the day. Hope this helps... and also hope the extra insight on why I was drawn to DTI makes sence. -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Hope that limb doesn't break off..., as I will gladly stay here and help with questions about DTI. You could be right about others, but what you said doesn't apply to me. I am just offering my opinion. -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Well, sorry for making my first post - I didn't read where it says I need to wait a while. I really don't spend a lot of times in forums, and was initially here trying to find some help with data questions and ran across this thread. I have not, and never have worked for DTI and no one hates spam more than me. No one has EVER asked me to post anything positive or negative about DTI. But unfortunately, this is the nature of the web - anyone can say anything good or bad. I normally look on the positve, and tried to be helpful. Regardless, I attempted to give an honest opinion of DTI and my experience and not let a thread "mis-lead to the negative" someone's reputation by posting of a few people that just perhaps don't have the long time experience with DTI as I do. I can understand while one is hesitant of everyone out there selling something, that is why a person has to do their homework themselve and see what fits for them (at least that is my opinion). I have been "day trading" for about 9 years, and was an investor before that since about 1985. All I am saying is, I have attended many seminars, paid my dues for a lot of services "that just didn't add up" and I have found DTI not to be of that type. Going back to my initial post, as I write this one it is 2:57 pm Eastern Time, and there has not been one sales pitch in the DTI chat room today. Gotta go...another trade coming up at 3:30 pm. Again... hopes this helps... I just trying to be helpful... -
Any Experience with the Tom Busby`s Trading Method?
TraderGuy101 replied to alban's topic in E-mini Futures
Just a quick word, I have taken the DTI courses mentioned in this thread in Mobile, Alabama, and am very pleased with what I have learned and their service. They have terrific "physical" facilities, and their training is top's. Their training room is in the center of their building, kind of circular, also kind of like cinema stadium seating, so that no matter where you sit you have a perfect view of their projection screens and who is teaching. Every contact I have had with DTI has been very professional in everyway. I have taken their introductory courses and also their advanced courses, and I use their software package the gentlemen from DTN Iq-feed mentioned. I have been in their chat room for a couple years and never once have they ever promised a holy grail. Tom Busby is the first one to tell you that trading is not easy, and that you need an education and understanding of the markets to be profitable. This takes time and a lot of studying and discipline, and again they quickly tell everyone that. If a person is looking for a long term relationship with a professional training and teaching company, then they might want to consider DTI. They pretty much support their students for as long as it takes. Yes, there are additional courses that a person can take but these are not required but would be very useful. Markets and trading can change over time, so most people can understand why continuing education can be a valuable thing. Hope this helps... just my thoughts.