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Old 06-26-2008, 12:52 AM   #57

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Re: The Trading Zone Review

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
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Old 06-26-2008, 07:59 AM   #58

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Re: The Trading Zone Review

Maybe you could take notes of the calls and than make a decession ...
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Old 06-26-2008, 07:59 AM   #59

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Re: The Trading Zone Review

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.
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Old 06-27-2008, 03:27 AM   #60

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Re: www.TheTradingZone.com

Quote:
Originally Posted by 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
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Old 07-20-2008, 01:22 AM   #61

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Re: The Trading Zone Review

If you are in his free trial room you better not ask him about his old "service" (website), he will kick/ban you faster than you can blink.

I was in there as a trial once and some guy got in there and started asking him why he ripped him off and started pasting info about his old site...at the time I knew nothing about it so I asked what site the guy was referring to, BAM, I was kicked and banned for asking a simple question

I strongly suggest you do your DD, there is plenty of info out there about the place and there is quite a history...I did my DD and what I found wasn't pretty...but that is for you to decide.

P.S. hop over to the market profile forum...there are some other mp rooms out there if that is what you are interested in
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Old 07-20-2008, 01:44 AM   #62

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Re: The Trading Zone Review

Ric, Secretariat, who used to do their live scalp calls had left them and setup his own room [public access]. You may want to check his new room and his ES/DAX/Stock calls. I don't trade them but I do check them from time to time on my charts. So far so good. For me, I just pop in there once in a while to enjoy his sound and the music.

ENJOY!

ztrader


Quote:
Originally Posted by subq »
If you are in his free trial room you better not ask him about his old "service" (website), he will kick/ban you faster than you can blink.

I was in there as a trial once and some guy got in there and started asking him why he ripped him off and started pasting info about his old site...at the time I knew nothing about it so I asked what site the guy was referring to, BAM, I was kicked and banned for asking a simple question

I strongly suggest you do your DD, there is plenty of info out there about the place and there is quite a history...I did my DD and what I found wasn't pretty...but that is for you to decide.

P.S. hop over to the market profile forum...there are some other mp rooms out there if that is what you are interested in
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Old 07-22-2008, 03:23 PM   #63

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Smile Re: The Trading Zone Review

Quote:
Originally Posted by ztrader »
Ric, Secretariat, who used to do their live scalp calls had left them and setup his own room [public access]. You may want to check his new room and his ES/DAX/Stock calls. I don't trade them but I do check them from time to time on my charts. So far so good. For me, I just pop in there once in a while to enjoy his sound and the music.

ENJOY!

ztrader

Hello ztrader,

yes, he has his own room now with quite some members. I stopped by the other day just to take a look for maybe 1h...stopped by another day, typed in a imho completely harmless question to the room and got booted. Very funny, this guy.
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Old 08-05-2008, 01:56 AM   #64

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Re: The Trading Zone Review

Yes Secretariat is a piece of work.
I have done some due dilligence and would caution anyone considering his recent room. He was formerly elricardo and seems to be following his modus operandi of running a free room while he \"puts together\" a web site and/or \"methodology\" which he then tries to rope people into buying. He did just that with his ElRicardo Paltalk room until membership gradually tapered off and finally it was closed. (It would seem as the membership realized the smoke and mirrors shell game that they were being subjected to). It seems the TTZ and it\'s members were unwittingly victims as they eventually had to part ways due to membership complaints about him, his rudeness and \"questionable\" perhaps paper trades.

I certainly would find suspect any moderator who changes names/handles, not to mention uses a name that dosen\'t identify themselves, goes from one room to another, copies the name of a room that\'s not his (first uses Secretariat\'s Tradingzone then secretariat\'s tradingworld - how original). It would not surprise me if his course turned out to be very similar to TTZ\'s.

Caveat emptor as they say.
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