i like the trading zone. i also like that they expanded to cover australian-asian trading hours. as soon as the markets start moving again...and you can not sleep because you thinking about the market - do not tell my wife it will be nice to have a place to come hang out.
I purchased TTZ many years ago when it was a lot cheaper. It was one of the best purchases I made compared to the others. The most value I got was learning and understanding MP, S&R, Tape Reading, and the necessity to keep things simple. I also learned a lot about risk reward and money management. There are no secret tools or indicators, but they do believe to know something others do not. This may be true in the short term, but eventually you can learn these things on your own if you are willing to put in the years and research.
During the many months with them my trading took a leap forward. My trading solidified.
TTZ is one of those education places where you can learn some pretty good insights about MP, S&R, Tape Reading, and money management. It can help to shorten the learning curve.
The education does not happen in the room. Basically, you get to listen and watch and if you spend enough time in the room as a non-member you may eventually come to enough understanding to be able to follow along. Unfortunately, the room is mostly a demo & sales room with a pretty good sales hook using "secret" catch phrases and acronyms.... makes it seem all very hush hush private and exclusive. It is a slick business approach.
However, there are no secrets to trading. Anyone who says they have the secret or the private magic is full of baloney. Just by mentioning they have the secret should tell you it ain't that special if they are willing to sell you the secret.
Presently I am banned from TTZ because I became a vendor and pimped myself out as a trade educator. They have a no competition policy. Seems you have to become a TTZ "aficionado estudiante" for the rest of your life or you loose your membership.
So, IMHO, where you will eventually wind up, should you succeed at this trading stuff, will be a culmination of all the stuff you learn along the way all structured into something you design from all your influences and resources, conclusions, trial and error, testing, and trusting.
For every strategy, method, or system there is a trader. Hopefully you discover yours before you have to throw in the towel.
The following 3 users say Thank You to Jaguar52 for this post:
I took a trial. A lot of good. Not a fan of Gator but that's my issue. The only thing I can say is expect a lot of sales pressure on your trial. Don't post anything positive in the chatbox as they use that as an opportunity to flood you some more with more sales pressure.
I tried their trial because I trade the 6E and it gets kind of lonely at 1am. Only place I know of that offers a room at that time of night.
its really hard to believe that some still push this crap. there is a 40 page thread at elitetrader detailing this charade. I ve been in their room before and it was a complete joke...Most of their so called winners won't be made in real time...Gator is the absolute worst trader i ever have seen..
ironman07 - I am not sure if you mean I was "pushing this crap" because I asked a question and happened to mention my initial observation during my trial period? Is that not allowed here in your opinion?
Take the time to do your own research before you throw $3000 to the fire... the internet is your friend...if your a beginner they may look good to you till you figure out they cant produce winning results in real time... Any system can look good for a short time and on a sim.. the tick offset method they use is simplistic and cam be had for free... save your $$
Last edited by ironman07; August 21st, 2012 at 06:00 PM.
I actually joined TTZ a little over a month ago after spending about 7 trading days in the free trial and asking a lot of questions. It is funny how everyone has wildly different opinions about TTZ or any other vendor for that matter. For me personally I have learned a lot from TTZ, especially about Market Profile. Greg is a really good teacher, and he makes really good calls in the live room although he certainly has losers too. I do agree that Gator is not nearly as good as the rest of the TTZers and I will ignore his trade calls - plus I find him kind of annoying. But there is a long time trader in the room who makes excellent CL calls and has done a couple of trainings for us too. This by far makes up for the weakness of Gator IMO. Anyway, I find my own trades now using what I learned from Greg, DOS, and crew and have done well in my trading as long as I maintain my discipline. Anyway, for me TTZ has worked out well so far.
I believe they clean up their active list from time to time. I am not active there so I was dropped. I decided to see how they were doing later and after a personal appeal they let me back in. I sent more than a few people to the site. I received value for the time I was there. Currently I have been removed again LOL. I have not tried to get in again or appeal as I can actually trade and do not need them. I wish them well. Given what I know of Greg he will honor his room agreements if asked.