The Trading Zone Review - Page 3 - Traders Laboratory

Go Back   Traders Laboratory > Trading Resources > Broker & Software Review

Frequent Questions

Broker & Software Review Review section for brokerage firms and trading softwares.


Reply
 
LinkBack Thread Tools Display Modes
  #21 (permalink)  
Old 04-20-2008, 11:27 AM
tickiman has no status.

 
Join Date: Jan 2008
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Re: TheTradingZone

Guys And Traders Stay A Way From The Trading Zone

Greg Weitzman Is The Moderator And Biggest Loser Who Only Making Money By Selling His Crapola For 2500usd

Do Not Pay Him And Stay Away

Reply With Quote
  #22 (permalink)  
Old 04-20-2008, 12:21 PM
mp_trader has no status.

 
Join Date: Jan 2007
Posts: 23
Thanks: 0
Thanked 4 Times in 2 Posts
Re: www.TheTradingZone.com

I checked these links and all have been disabled. I guess some of it was stuff greg did not want getting out.

Reply With Quote
  #23 (permalink)  
Old 04-20-2008, 12:39 PM
mp_trader has no status.

 
Join Date: Jan 2007
Posts: 23
Thanks: 0
Thanked 4 Times in 2 Posts
Re: TheTradingZone

tickiman,

You are absolutely right. Run -don't walk- away from these guys. I know someone, let's call them 'X', who spent the $$$ and took the courses. SEC does not use the setups that are taught. X has been there a long time, and SEC's calls come _before_ the setups taught. SEC is a great scalper, and you will not be able to duplicate his results. If you go into the room, and ask how many traders have been there for a year or more, you'll get about 40 of the 150+ in the room raising their hand. Of course, Greg will say something like, "They have already made their money, and they are probably at lunch". During the time you are there, you'll hear, "Its time to kick out some of these free-loaders", or some other such drivel, implying of course that their stuff is so good, that visitors are making a killing and not paying for the course. Then you'll hear them say this is a "demo room" and that no one can shadow SEC's calls and be profitable. So which is it?

Reply With Quote
  #24 (permalink)  
Old 04-20-2008, 01:07 PM
Hlm's Avatar
Hlm Hlm is offline
Hlm is debugging software (banging head on desk).

 
Join Date: Sep 2007
Posts: 188
Thanks: 10
Thanked 83 Times in 48 Posts
Re: TheTradingZone

tickiman,

So this is how you write your very first post? By bashing a service without any evidence or specifics. And no, I am not specifically sticking up for The Trading Zone. My reply would be the same for any service that gets a similar reply (I am sick of posts like these). For you to come on here and bash ANY service without giving ANY meaningful information to back your claim is idiotic. Here at TL we like to keep posts/threads informational and useful. Unless you would like to discuss specifics please take the currently displayed pointless rantings to the OTHER forum where it will be gladly accepted with open arms.

Actually...here's a better idea. There are currently 39 pages of back and fourth banter over at the OTHER forum. Anyone who wishes can view them HERE. So unless someone has new information that is not currently displayed over on that site, let's keep it clean over here.

Also, it is $2,600 and does your comment "Guys And Traders" imply that traders aren't guys.

*Note: After rereading my reply above I have realized that it sounds much more harsh than I actually mean it to. However, I am not going to change it because I feel all the information is required.


Quote:
View Post
I checked these links and all have been disabled. I guess some of it was stuff greg did not want getting out.
As would be expected.

Also, for your comments associated with the scalper in the room. I completely agree. From the short time I spent in there and others I know that are currently trading the system, everyone agrees that he is being used as a filler and an unrealistic one. To put the rest of you comment into perspective...that seems to be a major reason why many of the members do not stay in the room. The room doesn't give any more information that the members need which is why it's called a demo room. The head guy doesn't promote shadow trading (quite the opposite). To be honest, from what I have heard it seems like the "weaker" traders are the ones that stay in the room while like with any other service, the strong ones take the information they have learned, tweak it into their own style, and move on. As with any system/strategy/seminar some people will get a lot from it because it fits their personality, style, and goals. While others will find very little useful information and feel scammed.

Reply With Quote
  #25 (permalink)  
Old 04-20-2008, 01:57 PM
mp_trader has no status.

 
Join Date: Jan 2007
Posts: 23
Thanks: 0
Thanked 4 Times in 2 Posts
Re: TheTradingZone

Quote:
View Post
Also, for your comments associated with the scalper in the room. I completely agree. From the short time I spent in there and others I know that are currently trading the system, everyone agrees that he is being used as a filler and an unrealistic one. To put the rest of you comment into perspective...that seems to be a major reason why many of the members do not stay in the room. The room doesn't give any more information that the members need which is why it's called a demo room. The head guy doesn't promote shadow trading (quite the opposite). To be honest, from what I have heard it seems like the "weaker" traders are the ones that stay in the room while like with any other service, the strong ones take the information they have learned, tweak it into their own style, and move on. As with any system/strategy/seminar some people will get a lot from it because it fits their personality, style, and goals. While others will find very little useful information and feel scammed.

It seems to me that anyone considering TTZ, should ask themself, "If Greg's system is so good, why does he need SEC to 'fill the room'? Why isn't he making just the calls live in the room that his system teaches?"

-mp

Reply With Quote
  #26 (permalink)  
Old 04-20-2008, 03:06 PM
Hlm's Avatar
Hlm Hlm is offline
Hlm is debugging software (banging head on desk).

 
Join Date: Sep 2007
Posts: 188
Thanks: 10
Thanked 83 Times in 48 Posts
Re: TheTradingZone

Quote:
View Post
It seems to me that anyone considering TTZ, should ask themself, "If Greg's system is so good, why does he need SEC to 'fill the room'? Why isn't he making just the calls live in the room that his system teaches?"
And here is the logical answer to your question...

From what I have seen, Greg only takes the standard TTZ setups that he teaches (unlike the Scalper who apparently trades it in a much smaller time frame). Greg also rarely trades during lunchtime unless the liquidity is there. My guess is that this puts him at about three to eight trades a day (someone correct me if I am wrong). As you can imagine, this would create a large amount of dead time since it's a demo room and not an educational room. This is where the Scalper and Floor Trader come in to fill the dead time. When I popped in there many months ago Greg also occasional played music and messed around during lunch when neither the Scalper or Floor Trader was there. I guess he could just put a recorded audio infomercial that repeats in the background . Also, the short time I sat in their room I did learn a few things from the Floor Trader describing what was going on in the Squawk Box. The fact is that unless you are scalping for ticks, day trading can and most likely will have a lot of dead time. So back to your question...if you went to check out a room, how long would you stay if there were one to two hours of dead time between calls? The Trading Zone doesn't advertise as a trade calling service. They advertise as an educational service to provide information on how to trade without them. This also goes for all the other trading services out there that teach education versus paying for a "buy here, sell here" signal service. People need to stop mixing up the two.

Reply With Quote
  #27 (permalink)  
Old 04-20-2008, 04:19 PM
mp_trader has no status.

 
Join Date: Jan 2007
Posts: 23
Thanks: 0
Thanked 4 Times in 2 Posts
Re: TheTradingZone

Quote:
View Post
And here is the logical answer to your question...

From what I have seen, Greg only takes the standard TTZ setups that he teaches (unlike the Scalper who apparently trades it in a much smaller time frame). Greg also rarely trades during lunchtime unless the liquidity is there. My guess is that this puts him at about three to eight trades a day (someone correct me if I am wrong). As you can imagine, this would create a large amount of dead time since it's a demo room and not an educational room. This is where the Scalper and Floor Trader come in to fill the dead time. When I popped in there many months ago Greg also occasional played music and messed around during lunch when neither the Scalper or Floor Trader was there. I guess he could just put a recorded audio infomercial that repeats in the background . Also, the short time I sat in their room I did learn a few things from the Floor Trader describing what was going on in the Squawk Box. The fact is that unless you are scalping for ticks, day trading can and most likely will have a lot of dead time. So back to your question...if you went to check out a room, how long would you stay if there were one to two hours of dead time between calls? The Trading Zone doesn't advertise as a trade calling service. They advertise as an educational service to provide information on how to trade without them. This also goes for all the other trading services out there that teach education versus paying for a "buy here, sell here" signal service. People need to stop mixing up the two.

You make it sound as if the "Scalper" (SEC) and the "Floor Trader" (gator iirc) as you put it, are somehow not affiliated with TTZ or TTZ trading method. That does not seem to be the case. The times I was there, it was never stated that the methods employed by SEC in the trades he called were different from what Greg offers as part of the education service. Perhaps a trade log and P&L posted on the site would obviate the need for filling "dead air" with trades that are not part of the curriculum. Or, perhaps entering in a contest where the results could be verified without disclosing too much of the method to non-students would suffice.

In my first post regarding TTZ, I said I know someone (X) who is in the room. From the times I went in there to check it out, and from what my trader friend X has told me, there is not a remote possibility that I would pay for or recommend TTZ.

Run -don't walk- away from this charade.

Just an observation: For someone who has "only been there a few times", you sure seem to be offering a fairly vigorous defense.

Reply With Quote
  #28 (permalink)  
Old 04-20-2008, 04:28 PM
Hlm's Avatar
Hlm Hlm is offline
Hlm is debugging software (banging head on desk).

 
Join Date: Sep 2007
Posts: 188
Thanks: 10
Thanked 83 Times in 48 Posts
Re: TheTradingZone

I will reply to you as soon as I have a chance to discuss specifics with a current member.

Reply With Quote
  #29 (permalink)  
Old 04-20-2008, 04:32 PM
mp_trader has no status.

 
Join Date: Jan 2007
Posts: 23
Thanks: 0
Thanked 4 Times in 2 Posts
Re: TheTradingZone

Quote:
View Post
I will reply to you as soon as I have a chance to discuss specifics with a current member.

I don't have a horse in this race, and I have spent as much time on TTZ as I care to.

-mp

Reply With Quote
  #30 (permalink)  
Old 04-20-2008, 05:02 PM
tickiman has no status.

 
Join Date: Jan 2008
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Re: The Trading Zone Review

GUYS

GREG HAD SYSTEM www.SIGNALWIZARD.com

and then he took it of casue it was losing money lke crazy
and when I asked him why?his asnwer was: I sold the system

lol

lies lies lies

Greg when are you gonna stop????

as far as secretariat:

SEC or elricardo is same person
he came to gregs room and asked if he can post some trades
then him and greg came up with an idea sell gregs crap system for 2500 now its 2600

STAY AWAY GUYS if you have exatr 2500,DONATE but do not pay to scame artist liek greg

Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Investor RT Platform Review Soultrader Broker & Software Review 20 03-19-2008 04:33 PM
Brief Review of Jack Broz of the Marlinletter.com brownsfan019 Broker & Software Review 5 03-06-2008 08:52 AM
Review System Is Finally Up! Soultrader Announcements 1 02-26-2008 02:13 AM
Trading In The Zone by Mark Douglas Soultrader Book Reviews 5 02-19-2008 08:45 PM
Provide your stock review Josiah Stock Trading 0 04-26-2007 01:44 PM


All times are GMT -4. The time now is 05:06 AM.

 


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70