RangeExpansion

Limit orders can be tricky, especially in the ES where price typically is required to trade through your limit price before a fill can be achieved. Good to see you're paying attention to the performance disparity that live conditions can produce. Did you perform any walk-forward or walk-backwards testing on your trading system? Meeting certain performance criteria on "out of sample" data should be one of your primary considerations before going live. It's not easy that's for sure. Best, Gabriel

Numbers look fantastic. But we can all make reports look fantastic with heavy optimization that doesn't hold up the real world trading. What portion of your results represents trades made on out of sample data? Did you walk forward, and backwards? It's a mistake a lot of newcomers overlook. You're not going to get away with zero slippage in real market conditions either. I would put in a tick of slippage to add some pressure. "Look inside" also needs to be checked for more accurate results. Best, Gabriel

I was under the impression he was going to post the video of his loss a few weeks ago but it never materialized. So much for the "Good learning opportunity".

Eh, no harm done when you're raking in 100k a month or more in "student" fees right? Must be nice. Nothing will change imo. He'll probably end up earning even more from this little drama in the long run because of his "honesty" and willingness to remain "open and transparent". :rofl: Watching this unfold makes compels me start selling bullsh*it too. There seems to be an incredible demand for it.

Hello Traders It's very sad news to hear any trader has blown up, however, the way in which Mr. Hoffman traded mathematically guaranteed this outcome. I was in his room at the early stages of it's formation and very quickly determined Mr. Hoffman's approach to trading was a ticking time bomb that was set to decimate not only his account, but also the accounts of the victims which fell prey to his marketing magic. Everyone says what a nice guy he was but I never got that vibe. I felt as if he was simply a good salesman and actor, playing the "nice guy who's just here to help role". The days in his room never consisted of anything more than him talking on and on about the same tired topic he talked on and on about the previous day. Overall it was a good experience that taught me what not to do as a trader. I hope more details emerge on the event. Good trading -Gabriel