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Channel-Trading

  #31 (permalink)
 mayazoro 
tucson
 
Experience: Advanced
Platform: Sierra Charts , Sceeto andTOS
Broker: AMP-Rithmic
Trading: ES
Posts: 24 since Feb 2010
Thanks Given: 3
Thanks Received: 36

I have a life time menbership on 3 rooms:
1. The trading Zone
2. Jpjtrading
3 Channel-trading

1 the trading zone... I can not say much how profitable he is now. because I stop all my relations with him, after I witness how he was getting his information. I was in jptrading room when he come and make friends with jp and after
he got what he want he stab jp and leave the room and use the info that he never pay for and put it in his web side and sell it.( very incomplete info)..jp was very sad because he like the guy.
He did the same in Ingos room and he was very sad because he consider greg his friend.
and probably he continue doing this unethical behavior...pretending is your friend to get info and dont need to pay for.
I never make any money with him ..but that was 10 years ago..dont know how he is doing today..sorry

2 Jptrading...is in the top of Market profile rooms... he come up with a lot of the set ups that most MP use today...yes in that time no one had set ups..to trade out of MP. lately he has been incorporate order flow.
jp use 2 point stop in most of his set ups

3. Channel-trading...hudy use MP, volume at price, price action, fib ret and fib extent. order flow, internals, market correaltion. and he is very good to incorporate all this together. He is very good to spot a good trading location and keep you out of bad ones . he use 1 point stop

Hope it help

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  #32 (permalink)
 mayazoro 
tucson
 
Experience: Advanced
Platform: Sierra Charts , Sceeto andTOS
Broker: AMP-Rithmic
Trading: ES
Posts: 24 since Feb 2010
Thanks Given: 3
Thanks Received: 36

I meet Greg 10 years ago in the Kingfish room before he open his room and has been 5 years since I left the room

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  #33 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33


Does anyone know if Huddy's Room is still open?

I heard he has been out for a little while and hard to get a hold of.

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  #34 (permalink)
 
schroedray's Avatar
 schroedray 
Norwalk, Iowa
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage/Arrowfield/Kinetick/Rithmic/DtnIQ
Trading: ES, CL, YM, NQ
Posts: 41 since Mar 2010
Thanks Given: 37
Thanks Received: 32

I was told he had family issues last week, but have not heard anything this week. His partner Jerry says he doesn’t work for him any more as of Monday. Doesn’t sound good, if its family problems I hope they are not too serious.

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  #35 (permalink)
 
kman's Avatar
 kman 
victor ny
 
Experience: Intermediate
Platform: Ninja Trader
Broker: RCG/Zen-Fire
Trading: eur; cl
Posts: 301 since Nov 2009
Thanks Given: 595
Thanks Received: 106

Cant get in the room, no explanation, Partner quit.

Sounds like some $$ is missing.

Damn shame. He seemed like such a good guy.

You just cant trust anyone in this business.

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  #36 (permalink)
 
longboat's Avatar
 longboat 
Philadelphia, Pa
 
Experience: Advanced
Platform: Ninja Trader
Broker: Amp/CQG
Trading: CL, ES
Posts: 149 since Jun 2009
Thanks Given: 902
Thanks Received: 217

I have no idea if this is true or not, but it tells you that you need to be very careful and skeptical about many vendors. I saw this post in another forum:

"Breaking News

Huddy disappeared with some money and is being sued by several associates and being investigated by FBI

"... bought into Channel-trading.com business. got cond into giving him money to invest in a new hedge fund he was opening. Only thing he wd tell us is he was being extorted by some bad guys and had to do what he did. .. opinion is he lost it all trading and it went to far. Either way he won't pay it back says he doesn't hv it. So .. filing a civil siut and the FBI is involved."

Be careful out there"

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  #37 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


mayazoro View Post
I have a life time menbership on 3 rooms:
1. The trading Zone
2. Jpjtrading
3 Channel-trading

....

3. Channel-trading...hudy use MP, volume at price, price action, fib ret and fib extent. order flow, internals, market correaltion. and he is very good to incorporate all this together. He is very good to spot a good trading location and keep you out of bad ones . he use 1 point stop

Hope it help

looks like your life time membership was short-lived, last sighting 3/13/12

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  #38 (permalink)
 bobc635 
Tucson
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage5
Trading: CL, YM
Posts: 209 since Jan 2011
Thanks Given: 137
Thanks Received: 233

I don't know what happened, but Huddy basically vanished around the end of May 2012. He claimed a blue screen of death and then family emergencies, but I have heard that those were fabrications. He was a good trader, very disciplined in his techniques and a good teacher. I was in Huddys room for about 6 months. The way that he just left may have left people feeling that they were taken advantage of. I dont know if or where he will show up again, but I certainly would not give him a dime.

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  #39 (permalink)
 Swisstrader1 
Zurich, Switzerland
 
Experience: Advanced
Platform: Market Delta, Ninjatrader
Trading: Bund, 6E, FDAX, ES
Posts: 13 since Apr 2010
Thanks Given: 14
Thanks Received: 15

wow, I wish I would have read this thread earlier. It might have helped a few guys save their money.
I used to be part of a small CTA firm managing some money and we had Huddy trade a test account since I was in his room and also thought that he might be a good trader. I was never really sure because "all his entries seemed to be too quick for me" if you know what I mean...
Honestly speaking, I have never ever seen such a terrible performance! It was not just the fact that he lost money almost every single day but also the fact that he didnt follow his own rules. In the room he was saying something like "only a moron would trade in this chop" and litterly seconds later he would initiate a trade.
He didnt trade like maniac meaning, he did not violate any risk paramenters we had discussed but he just took loss after loss after loss. After 5 or 6 losing weeks in a row (before that he claimed he only had 1 losing week in his last 4 years) with maybe 3-4 winning days out of 30 we pulled the plug. I had some similar experience with other trading vendors who are promoted here. I really wonder what these people are thinking. Seriously, I think when they "call out" trades (in hindsight of course) in a room long enough they start to believe their own crap and think that they can trade now until they realize the only way they will make money in the markets is by selling their "education". Its really sad, but thats what happens most of the time. Legitimate educators are hard to find but BigMike is doing a great job in helping others.

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  #40 (permalink)
 dk27 
Europe
 
Experience: Intermediate
Platform: NT, IB
Broker: IQfeed, IB
Trading: ES
Posts: 174 since Jun 2009
Thanks Given: 223
Thanks Received: 144


So who that other vendor is? Please let us know.



Swisstrader1 View Post
I had some similar experience with other trading vendors who are promoted here. I really wonder what these people are thinking. Seriously, I think when they "call out" trades (in hindsight of course) in a room long enough they start to believe their own crap and think that they can trade now until they realize the only way they will make money in the markets is by selling their "education". Its really sad, but thats what happens most of the time. Legitimate educators are hard to find but BigMike is doing a great job in helping others.


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Last Updated on December 27, 2012


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