The Trading Zone Review

[Hlm]

In my book this last comment is a "valid concern" which I said I would reply to.

I'll keep it simple and to the point.

As far as I can see I don't disagree with anything you said about Sec. However, every member I have talked to joined to learn Greg's trading strategy and NOT Sec's. You aren't paying for the demo room. You are paying for the educational material and weekly training sessions. The majority of traders want to trade less and not more and find that the handful of trades made by Greg and his strategy as enough. This is why many of their stronger traders do not spend their day in the demo room. Why would they? As always due your own due diligence.

P.S. You can call me what you want. Those that know me know that I am in no way promoting this service and that's all that matters. I actually warn people to shop around and make sure that the education they choose fits their personality. There are many differently ways to get the job done in this business. I am only protecting a service that I am well informed of from pointless bashing.

[mp_trader]

Regarding your P.S. - I have not called you anything, nor have I characterized your comments as BS, as you have done mine. I believe my comments regarding TTZ were reasoned and could not be construed as "pointless bashing" worthy of your "protection".

[Hlm]

	Quote:	mp_trader
	Regarding your P.S. - I have not called you anything, nor have I characterized your comments as BS, as you have done mine. I believe my comments regarding TTZ were reasoned and could not be construed as "pointless bashing" worthy of your "protection".

Yes, your last post DID have reason and that is why I agreed with almost everything you said . And remember, there was another individual doing the majority of the pointless bashing and many responses were geared towards him if I did not specifically name you. You referred to me as someone who is beguiling people. In my book that's' an insult. I am mearly trying to explain to the bashers (not you necessarily ) that the "charade" that goes on in the "demo room" does not represent the information in the educational course. Do I believe that they are going about the demo room the wrong way...probably, but why would I care? However, like I had said almost all the traders I know that have had a part of TTZ do not spend time in the room since it's an educational services and not a signal calling service. It's no different than going to a seminar. However, I guess it's a little different since they do have ongoing training every week. But all the bashing is towards the "demo room" and Sec the scalper. Both having very little to do with the few trades that Greg calls and are created by their "methodology".

[newtrader100]

Hlm or anybody else that cares to comment, do they (TTZ) actually use MP for their trading? I’m new to MP and everything I’ve read about it says to use a 30 minute time frame, but Greg refers to a 3 minute time frame and sec a 55 tick one. So, what am I missing ? I can’t get their entries to match up with anything I look for in MP, therefore I’m starting to think that they actually don’t use MP at all, or use it only as a supplement to a normal 3 minute or 55 tick bar chart with a 3 bar set up or whatever indicators they use. Greg did write something about linear regression that is available on the net (a simple goggle search will find it), is this part of their approach more so than MP?
Also, in your opinion, do you think it’s worth $2,600 ? I did think about joining, but sec really put me off that idea.
tia

[tickiman]

DO NOT EVEN THINK ABOUT IT TO JOIN TO GREG WEITZMAN

HE IS LOSING money every day and the only way he makes money is by selling 2600
course that dont work
GREG will talk sweet to you how open and great he is
in reality
he is liar and the only way he is making money is selling his course
if you have 2600dollars and you wanna spend them
donate it to homeless chilrdren

GREAT example was friday how he lost his ass on every call he posted
so now let me ask you a question
if his method is soo good
why did he lose yestrday on 1 way moving market???

[Hlm]

	Quote:	newtrader100
	Hlm or anybody else that cares to comment, do they (TTZ) actually use MP for their trading? I’m new to MP and everything I’ve read about it says to use a 30 minute time frame, but Greg refers to a 3 minute time frame and sec a 55 tick one. So, what am I missing ? I can’t get their entries to match up with anything I look for in MP, therefore I’m starting to think that they actually don’t use MP at all, or use it only as a supplement to a normal 3 minute or 55 tick bar chart with a 3 bar set up or whatever indicators they use. Greg did write something about linear regression that is available on the net (a simple goggle search will find it), is this part of their approach more so than MP? Also, in your opinion, do you think it’s worth $2,600 ? I did think about joining, but sec really put me off that idea. tia

Sorry newtrader100, I completely missed your question.

First of all I was told be a TL member that Sec is no longer with TTZ and that they got a new person to trade the DAX in the morning. However I have not confirmed this information. If someone who is actively in the room can confirm it that would be great since he is one of the major "bashing" reasons and complaints I have heard from TTZ members.

The 3M chart has nothing to do with Market Profile. Your standard TPO Market Profile that you use was created in the previous trading day. Also, even if you have a Market Profile indicator on a 3M chart it should still only be taking the price extremes at the end of 30 minutes to calculate the value. The only exception to this would be a developing Market Profile area which will let you see the "uncompleted" value area in real time. They use the 3M chart to create setups that may be traded off of Market Profile areas and based on contextual readings of the Market Profile formations and placements. Many, but not all, of the Market Profile rooms I have seen don't use the "text book" Market Profile setups (including TTZ). They focus on the actual value areas in the past (vah poc val) and not so much the distribution of the value areas. So no, they aren't using every aspect of Market Profile and have simplified it to an extent, but their methodology and trading decisions are highly based around it. They use 3M setups with Market Profile to give them more trades than the standard "text book" Market Profile trader. Hopefully that makes sense.

As far as it being worth $2600...that really depends on where you stand as a trader with experience and knowledge, your personality, and what your expectations are. Everyone has to do their own due diligence since everyones situation is unique.

[Bannor]

Hello All

Has anyone else noticed how every single one of Tickiman's responses has been completely fact-less? How what he says seems to be nothing but personal issues with the dude in TTZ?

I have nothing for or against TTZ, but I have huge issues with immature flamers, which this person apparently is.

There is a reason why I enjoy TL so much - specifically because this is not a community of immature flamers - but instead we are a group of mature, thoughtful, professional traders.

Well - most of us.

I can only hope that a moderator person will step in here, and help eliminate the kinds of responses Tickiman posts in our world.

[OAC]

	Quote:	Bannor
	Has anyone else noticed how every single one of Tickiman's responses has been completely fact-less?

Nobody can prove or disprove whether this GREG guy makes money trading or not unless he provides his trading statements. So what you have left here is just one guy's opinion vs. another's.

[Hlm]

	Quote:	OAC
	Nobody can prove or disprove whether this GREG guy makes money trading or not unless he provides his trading statements. So what you have left here is just one guy's opinion vs. another's.

Exactly OAC, very true. Which makes sense since TTZ is not a signal service. Also, even if this Greg guy makes money it doesn't necessarily mean you will either. No two traders act the exact same way and if you are a live trader you know this to be fact. Members are told not to "shadow trade" the room and emphasis is placed on members learning how to spot trades on their own. It is an educational package that includes on going weekly after market training. In my opinion the only things that can logically be discussed are the educational material itself and other black and white items. Of course the material may or may not be helpful to the individual depending on their personal traits. Generally the only useful information that comes out of these threads are specific questions that have specific answers. Does it teach this concept? How much does it cost? What type of extra training is included? On average how many trades a day can be taken? The rest has to be researched and discovered by the individual while doing their own due diligence.

[tickiman]

GUYS

I am tired of this pointless conversation
here is the last thing I like to say

THE MORE PPLE TTZ ROOM GET THE MORE MONEY I WILL MAKE
CAUSE MORE THEY LOSE MORE I WILL MAKE ON THEM