The Trading Zone Review

[Hlm]

I might be playing with fire here, and I really would like to stay out of a “he said she said� battle but…

Through a friend I have seen their material and I have also spent some time in their room on Paltalk in the past. In my honest opinion, they are not the scam artists you find most other places. Their “methodology� seems solid and I can see how their three setups could help newer traders focus on simplicity. They keep their actual trading room open for anyone to come and watch. They also have after market training during the week.

Now I am ABSOLUTLY NOT pumping their service. The prospect of it being advantageous to you depends on where you stand as a trader at this moment in time. A disciplined individual can study the market on their own and be very successful while another can pay for a good educational service and still fail due to motivation and psychology.

The core point of my post is to refute the grouping of this service with other obvious ‘scams’ out there. There aren’t many other services out there that have an open to the public trading room with trades being called all session and weekly after market training.

This is just an opinion. I truly believe that a trader who has the discipline to make it in the first place can do so without expensive services. However, I will admit that I do agree with their money management style. Or maybe that’s because it’s very close to mine.

As always do your own due diligence.

[marketguy]

Great response Hlm. I haven't seen their materials and I am not a member, but, I have been to their room. They are traders and they have a plan.

I found them kind of rude a number of times in my short stay (although not to me) and I personally don't dig that. They are also aggressive traders making a lot of trades a day. And that is not my style.

Also, they are constantly selling their program. It's not a free room for a reason. I think I would get tired of the sales and their rudeness. So, I am not giving them my money.

If it feels right. Sign up and pay them. Just remember, there are no magic bullets out there.

[Maverick0325]

Hlm,

thanks for the reply. I would really appreciate it if you would forward me the material that you have in your hands so that I can see for myself. I agree with you that everyone needs there own hard work and dedication, but i think you will also agree that everyone needs help from time to time.

I also agree that they SELL SELL SELL at all times, and that gets old. I cant tell if there are any other real trades besides SEC in that room because they 'seem' to be pumping him full of comments at all times that its hard to stay focused on the price movement.

With that said, ive decided not to purchase. I am sticking to the theory that people who make real cash in trading dont need to, or want to, charge for their services b/c they shouldnt need to, even though they may be the real deal, their service will be undoubtedly saturated by the others that are forever chasing the majic potion that will bring them success as a trader.

I am a successful trader with real money, just always looking for more info, and Ill most likely sit that one out until further notice.

I would, however, love to see how they incorporate Market Profile into their setups, and I have a strange feeling that its nothing more than S/R levels, money management, reading tape, and price action.

Im looking forward to those materials if you feel generous...it would be great to see them.

JD

[Marsupilami]

TheTradingZone does not grant unlimited free access - you are allowed to enter the room a couple of times, and after that you are banned without warning. It happened to me after 5-6 visits.

[email]

	Quote:	Maverick0325
	Traders, Im considering the purchase of the system for 1999 on TheTradingZone.com website. I am getting very good reviews, has anyone else bought? JD InTheTrade@Gmail.com

Maverick, I do not know if you are aware of alleyb`s material, he is most knowledgeable in Market Profile and very respected. Also very reasonably priced.
Cheers,
email

[mezameo]

	Quote:	Marsupilami
	TheTradingZone does not grant unlimited free access - you are allowed to enter the room a couple of times, and after that you are banned without warning. It happened to me after 5-6 visits.

Had the same thing happen myself. They asked me why I hadn't paid for their course, asked a few questions and then popped the question, "if the method is so clear why not make a template with entry and exit signals."

{kick}

Seems like they are pushing harder and harder lately to create a buzz about the room with gossip on the boards.

Taking a page out of Paris Hilton's book =) Good on them, at least someone should become fabulously rich for selling market profile setups. No sense sharing and gaining from the free flow of ideas.

{kick}

[cooper59]

Now I am ABSOLUTLY NOT pumping their service.

I think it is very difficult to learn this occupation soley on your own. Obviously, reading and studying books is very important. IMHO, after a certain point, their is nothing like being in the environment of a live trading room. Seperating the good from bad, without question takes homework. Again IMHO, I do think there are several trading strategy's that with the correct discipline can be successful. Of course, one must use due diligence and research to find a teaching service that uses a working strategy. I have been a successful trader for a few years now but when I look back over the years, there are defintely 1 or 2 people who I know are a part of my success. I really do not want to start a war of words and do not take habit of cheerleading anyone or anything. The fact is, I did take their course less then 2 years ago. I found their teaching of Market Profile and Tape Reading to be very beneficial. It's something I still use today. I stayed in their room for about 4 months and then left to trade with friends. Learning to trade was the hardest and most challenging thing I have ever done. The trading zone did supply some good information but ultimatly the end result had to come from me.

[mezameo]

I can say that the community here coupled with the chat room is quite close to the value of a paid service. Perhaps if 2500 usd was a small amount of money, I would give it a thought. But it's probably better just to stick it in my account and test out some theories I learned here instead.

Congrats on becoming a profitable trader, whatever means to get there I say!

[Sinatra11235]

I was able to get a few good ideas from listening to the TTZ room and piecing together their approach. There are a few hidden nuggets on the the internet that can help you enjoy the chat rooms' secrets. They were well hidden, but since they were published by Greg himself there should be no question as to publishing his trade secrets. The following link has several days of the charts ("see them like never before") that they published in an open blog. Thankyou wayback machine.

http://web.archive.org/web/200701080...zone.com/blog/

From this you can setup your chart to look like the TTZ chart when you are listening. Most of it is straight forward except for the indicator similar to a bollinger band. This is a moving market profile with a TPO count above and below the POC. POC is the red band in the center and the UVA and LVA are in gray. The detailed explaination can be seen here.

THN Price Profile

The other pivot/S/R point indicator from the charts is a price target indicator from the same site. There is nothing very speial about this one.

TTZ Targets

I think that these are sold by Sec, but I am not sure about that. I have re-created these indicators for Tradestation. If there is interest, we can start a thread detailing this methodology.

[unicorn]

	Quote:	Sinatra11235
	I was able to get a few good ideas from listening to the TTZ room and piecing together their approach. If there is interest, we can start a thread detailing this methodology.

Yes Sinatra;
I would appreciate a thread on this methodology.
Please go ahead.

cheers.
Unicorn.