The Trading Zone Review

[newtrader100]

Thank you tickiman and hlm for your replies, hlm....there's certainly no need to apolgize, any comments regarding trading and TTZ are greatly appreciated.
It's good to know that the 3M chart determines the set ups rather than MP, maybe they push the MP bit in the room to throw people off the scent a bit as to the true set up rules. I have certainly seen them take a position in a "MP" S/R level which seemed contra to my (basic) understanding of MP. In fact, I may be completely wrong on this, but MP to me shows areas of possible S/R or good areas to buy/sell which would obviously mean working limit orders, whereas their set ups are buy/sell at the market (orders), but as my name suggests, I'm new to this and could easily be wrong.

I'm not surprised that Sec has possibly left, but I still won't, for the time being at least, be buying their course.

[Bannor]

Tickiman:

Do you have a room? Do you have an educational service? Do you have a method for trading the e-minis?

Do you have anything else to offer besides "Greg is the devil incarnate"? Like - perhaps - TTZ doesnt work, methods dont work, training is not consistent, Greg is not honest about his trades, etc?

See here is the deal. Your plan to smear TTZ is actually working against you here. I have done some homework and here is what I have discovered.

TTZ offers a set of educational materials to teach its members its methods.

TTZ gives its members trading ideas via Yahoo every day - first thing in the morning then throughout the day.

TTZ (Greg and Gator) calls out their official trades every day - including the ones gone wrong

TTZ reviews all of their trades taken - winners and losers - 2 nights a week, to teach their members "why".

This is the most honest approach I have seen online. And in fact, I would encourage all of you to review and consider. Remember, the goal is not for any one person to call out trades for us to take. The goal is to LEARN how to trade futures.

The more you rant regarding your personal conflict with Greg, the more you draw people like me to TTZ to see what it is you are angry about. Just fyi, I get it, because they are successfully helping people identify and build a profitable trading style, and you are obviously jealous.

You are offering nothing but a negative attitude, with no constructive criticism. In fact, Tickiman, just exactly what is your goal here? Is it to discredit the TTZ methodology, or is it to personally smear Greg? Bad business deal? Dislike Canadians? What is it?

Really, I dont care what it is - just please stop with the "high-school" smear of TTZ.

Thanks.

[OAC]

I don't know much about Greg, but I can say most paid trading rooms are up to no good. So buyers beware.

[Hlm]

	Quote:	OAC
	...I can say most paid trading rooms are up to no good. So buyers beware.

Yes, do your own due diligence and be weary of anything involving money. However, I still find it so interesting that people are referring to it as a "room" (on this forum and others). The room itself is mainly for demoing/advertising. Almost all the traders I know that currently use the methodology do not spend time in the room. Many even think the "demo room" is annoying and distracting. At most they are connected to Greg via private message through yahoo and stop by during the training. Again, I am not promoting this service or any other paid service. This is by no means a "holy grail" and may be of little use depending on the individual.

[newtrader100]

Bannor....are you a TTZ member?

[Hlm]

	Quote:	newtrader100
	Thank you tickiman and hlm for your replies... I may be completely wrong on this, but MP to me shows areas of possible S/R or good areas to buy/sell which would obviously mean working limit orders, whereas their set ups are buy/sell at the market (orders), but as my name suggests, I'm new to this and could easily be wrong.

Yes, Market Profile can be used to find areas of S/R but is also tells a larger story (context) based on alignment with previous areas and distributions. As you continue your journey into trading you will see that there are different ways to trade S/R areas. Some like to wait for the reaction while others (with context) like to have inventory (a position) going into the S/R area.

	Quote:	newtrader100
	...but I still won't, for the time being at least, be buying their course.

It's good that you aren't jumping into anything blindly with being new. There are tons of free resources out there and one should exhaust those first.

[ron freeman]

I've been in there on and off for about 3 weeks now, I said they are batting about 50/50, have not conviced me yet to cough up the dough to see their secret formula, they are no scammer, you do need to use your own judgement on whether their trading style suits you or not, one thing about this kind of trading room, how the hell do we know they really trading for real or not......I"ll check them out a bit longer, as long as they dont password protect their room

[maildigger]

Maybe you could take notes of the calls and than make a decession ...

[Bannor]

Hello All, sorry its been a while since I posted to the thread, I have been busy soaking up the TTZ method.

So yes, I became a member. Why? Because unlike so many people here and elsewhere who are simulating to save their few thousand dollars in "investment capital", I am doing futures for a living, with a substantial bankroll, and I do not have the time or the patience to listen to the typical bs of "its too expensive", or "its all information you can get for free from the web". I got to a point where I said to myself 1 - AM I going to do this? 2 - CAN I do this / figure this out on my own? 3 - WHAT is the best resource to help me to achieve this?

The truth is, if you have really attempted to trade futures, you have already lost far more than the "signup fee" of 3K ish. If you have not lost this yet, then you in all likelihood land in the category stated above ie Simulating a few thousand in capital playing at trading futures for a living.

But for those of you that do have the capital, and do want to make trading futures work as a consistent income, then here is why I went with the TTZ.

Honesty - every day the moderators trade in real time - time-stamped calling entries and exits, using the method. No other room I have found has the moderators trading in real time, period. They make gains, they take losses, but they are not hiding. Anything. Further, two nights a week Greg (the lead moderator) reviews how he did in a members only room to 100+ people. He talks very openly about exactly why he made entries and exits. Oh, and as to the "is he trading for real" question, it only takes a few minutes of hearing him do real trades to hear the exuberance in his voice, the emotion, to know its the real deal.

2 - Value - Again, if you are a lifelong simtrader, as so many naysayers here are, you wont get this, but for all of us hardcore futures traders, we KNOW 3K is a great deal for a lifetime of support with a complete system. I made back my tuition in days. Enough said.

3 - Education - I must say what the TTZ has taught me is how to put it all together - Money Management, MP, Entry Patterns, Exit Strategies, and most importantly resetting what the goal is. Are we here to hit homeruns? Or are we here to consistently hit singles, and position ourselves for making consistent ticks? Do I make those consistent ticks overtrading, or waiting for my precise high-probability setups?

Bottom line - if you are trading in the day timeframe, looking to trade 4-6 trades a day (ie not scalping), and you are serious about making futures trading your living, then the TTZ is an excellent choice for education and community.

On the other hand, if you are playing at this, or if you are using a faster (ie scalping) or slower trading time frame, then you would obviously be better served with a different approach.

I am in the TTZ room in Paltalk, my ID is Bannor45 - so if you slide in there and you want to talk, feel free to IM me in the room.

Otherwise, I wish all of you luck in finding your path to success in this extremely difficult career we have chosen of trading futures.

Bannor

PS - I expect to get flamed from this message, but just remember what I said - if you cannot afford to pay for the TTZ room, then you are not truly here for the same reason I am ie a consistent day job making 100K+ a year. Oh and no, I am not paid by the moderators or anyone else to state this, I just believe in my choice, and believe in the positive karma of helping folks out there in my position to see the light and make futures trading for a living work for them.

[johngtk]

	Quote:	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.

Hi Sinatra,
I could not open the link you posted. I'll love to see their chart setup, I ask for a screenshot of their setup in the TTZ traderoom, Gator tolm me it is proptietary and remmains close to their chest.
Have you started a thread here somewhere already.
Thanks
John