The Trading Zone Review

[tickiman]

AS far as the guy by the name gator

when I was in the TTZ room, I count 35 times gator was trying to push gregs 2500 system

if system is soo great you only need to do this once not 35 time

if gator is 18 years old ex floor trader , why does he need gregs system????
you shold be retire someplace like monaco or etc or trade 100 lots
instead of selling 2500 system

GUYS for those who really need to know what is 2500 you are buying
I can teach you in 5 min for FREEEEEEEE

[Hlm]

After discussing details with a trader friend of mine who currently basis his method strongly off the "TTZ Methodology" I have enough information to reply...

	Quote:	mp_trader
	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.

Gator trades the same way that Greg does. They base their setups off a 3m chart as they openly discuss in the demo room. Sec on the other hand takes the basic 3m setups and trades it off pure price action, or a tick chart. Both Greg and Gator discourage any new traders to trade like Sec. Hopefully this is making sense. So they are all trading the same "methodology" but Sec is trading it on a much smaller time frame which is way more difficult. As far as PnL, my friend gave me a few excuses but I am not going to go into them here since there is no reason for the conversation to be tilted that way since they aren't a signal calling room. The one thing I will repeat was the fact that "anyone with half a brain could sit in the room and listen to only Greg's calls and realize that money can be made". This is the primarily reason for the room. So yes, their marketing technique may not be the best but doesn't seem to carry over to the actual education.

	Quote:	mp_trader
	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.

That's great. You may be in a different place or have a different style/personality where you wouldn't get any use...and more power to you. I wouldn't pay for the service either. However, the reason is not because I think they are a scam. I have seen scams and they are far from it. It's because I already have a very good grasp at how Market Profile works and already have my own profitable strategy. It completely depends on your personality and where you are in your trading venture.

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

Let me rephrase it this way...for someone who appears to have spent only a little time in the room, you sure seem to have strong feelings that it's a scam. Yes, you have your friend (X). However, I also know a few traders that are members and have had positive experiences. Non of them claim for it to be the holy grail. This is why I am so "aggressive". Sign up, don't sign up...I don't really care since I am no way affiliated with them. However, to make the blanket statement "Run -don't walk- away" and give little hard evidence or reason as to why, is as much BS as you claim the service is.

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

Fair enough. I don't really have a "horse in this race" either. I am just in a position where I know enough about this particular service to see when unfair information is being displayed. But then again in this business and online a truly unbiased opinion that tries to give a look at the other side will most likely be taken as either A) Someone working for the "scam" or B) A basher working for the other "scam". This is why one must ALWAYS do their own due diligence.

[tickiman]

stay away from TTZ guys and you will do just fine

[Hlm]

	Quote:	tickiman
	stay away from TTZ guys and you will do just fine as far as GREG GREG a real job

Wow, a SECOND quality post from you.
Well, I guess I better listen to you. You seen to know what's best.

But in all seriousness, I didn't quite understand the last line. It must be some intelligent bantar that's over my head.

[tickiman]

I doubt he even make money in trading
he is arrogant when he takes his 2 ticks in profit
and the quiet when he is losing
keep telling everyone that he is trading 20 lots and up
in reality he barely trades 6 lots cause his account is only 10K

[Hlm]

	Quote:	tickiman
	greg needs to get a real job instead of lie to pple

So I take it that this is quality post #3?

Any specific examples of the lies? I am sure everyone would like to know since this is an INFORMATIONAL forum. Like I told you before, take your mindless bashing bantar to the OTHER forum please.

EDIT: Unable to comment on your last post at this time. But will later.

[Hlm]

Well, I had a nice walk outside with the family. It is such a beautiful Sunday afternoon.

	Quote:	tickiman
	I doubt he even make money in trading he is arrogant when he takes his 2 ticks in profit and the quiet when he is losing keep telling everyone that he is trading 20 lots and up in reality he barely trades 6 lots cause his account is only 10K

First comment I am going to make here isn't really even TTZ related. I know many successful traders that sometimes, if not all the time, take a large percentage of the trade off in two or three ticks. Anyone who has day traded the ES should at least understand part of the reasoning behind this. This allows them more room when the price comes back to test the entry. A successful momentum trader can hit that first "burst" of momentum with high percentage. At this point why wouldn't an individual take some profit off to allow room while looking for the greater trend to carry it further? Of course this theory might not make much sense to an individual who doesn't trade pure momentum. When an individual comes across and puts down a trading method (here it is taking profit off early) without giving specific reasons as to why they feel it's wrong and even more importunately a detailed replacement of a better approach it sends up a red flag. Many times those that say it can't be done are really just saying that they can't do it. In trading there are many different ways to get the job done. Any more discussion on this concept can be discussed in another thread since to continue here would be off topic.

As far as your comments about the head guy, how is one to know if they are based in reality? Have you seen his personal trading account? I have heard that he preaches that an individual should trade one contract for every 10k (or was it more, I can't quite remember). So again, baseless information. As far as you doubting he makes any money trading...it's your right to doubt and I have absolutely no problem with that. It's only when baseless information comes into play do I get annoyed with individuals like you.

[tickiman]

Ask him for his early statement or even better for his tax return lol

I doubt he even filed gain capital tax

[Hlm]

	Quote:	tickiman
	Ask him for his early statement or even better for his tax return lol I doubt he even filed gain capital tax

Again another pointless post. Why would anyone turn over their tax return to a complete stranger? At least your bashing is getting better. You are using arguments that obviously can't or won't be proven either way. Seriously man, head over to the OTHER forum. They will probably bow at your feet and worship your almighty knowledge.

Well, I am done posting in this thread unless someone brings up a valid question or concern about this service. I most likely already wasted too much time over here. I am sure the majority of people can see who the idiotic bashers are. I said what I felt needed to be said specifically for TTZ and in general about random pointless and baseless bashing of educational services. As always, due your own due diligence and take any negative OR positive opinions with a grain of salt.

[mp_trader]

	Quote:	Hlm
	Let me rephrase it this way...for someone who appears to have spent only a little time in the room, you sure seem to have strong feelings that it's a scam. Yes, you have your friend (X). However, I also know a few traders that are members and have had positive experiences. Non of them claim for it to be the holy grail. This is why I am so "aggressive". Sign up, don't sign up...I don't really care since I am no way affiliated with them. However, to make the blanket statement "Run -don't walk- away" and give little hard evidence or reason as to why, is as much BS as you claim the service is. Fair enough. I don't really have a "horse in this race" either. I am just in a position where I know enough about this particular service to see when unfair information is being displayed. But then again in this business and online a truly unbiased opinion that tries to give a look at the other side will most likely be taken as either A) Someone working for the "scam" or B) A basher working for the other "scam". This is why one must ALWAYS do their own due diligence.

I was done spending time on TTZ, but now I'm am being accused of "giving little hard evidence" and that I'm full of BS. Incidently, I thought this may happen as soon as I mentioned Hlm's fervor in defending TTZ. Had I known Hlm was an ardent apologist for TTZ, I would never engaged in this fruitless thread that Hlm will spin ad nauseum as a positive for TTZ with each post. So I will end my contribution to this Hlm spun, TTZ advertizement, with a summary:

1) I have a trader friend X who has been a TTZ member for a long time. X tells me the trades called by SEC are not reproducible with the methods taught by TTZ. X has asked other TTZ members if they got the trigger when SEC did and answer was, no. X has asked SEC for the timebase of the chart he uses for his signals, and X is also been told what it is. Greg will say it is the same trigger as used on the 3 minute chart only on the faster xxTick chart. Call after SEC call is made _before_ the trigger on the xxTick chart occurs. This is what I mentioned in one of my first posts.

2) By Hlm's own words, SEC is used as a "...filler and an unrealistic one". Yet a vast majority - if not all - of the trades called in the "demo room" are from SEC. Make no mistake about it, SEC is the draw.

3) After SEC has a couple hours of calls, the moderators engage in a dialog telling all the longtime "free loaders" its time to payup or leave. The insinuation being that the "free loaders" are making a ton of $$$ and not paying for the course. At the same time the moderators are telling visitors they cannot shadow trade SECs calls successfully. So which is it?


It would be easy to argue that, TTZ's "demo room" has as its main attraction, a scalper who calls the trades by a method not taught in the TTZ curriculum.

Is that an "unfair" statement? Perhaps a bit harsh, but in my opinion not "unfair". That is the basis for calling the TTZ "demo room" a charade when I said, "Run - don't walk- away from this charade".

For anyone beguiled by Hlm and considering TTZ, be careful, and be wise.

-mp