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Old 01-02-2011, 05:38 AM   #17

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Re: Trading Rooms

Laguna,

if you are a consistent trader, you are in the very small minority group of traders. So it would be helpful to define, what are your anticipations of a valuable 'trading-room'? Do you want a calling service or a place to learn?

As you mentioned at end of your message, you are looking only for a place to chat in this 'unsocial sport', it seems you don't need any help in trading. This is the point, you are different to the most, who are looking for a good trading room. Your judgements about the mentioned rooms may be influenced by your personal needs.

I'm not able to claim, that I'm knowing all or most of the services, so called trading-rooms, but I'm knowing and using a very small number of services, which I'm able to assess:

profiletraders (your # 1): you may say, there are too much complaints above politics, but the focus is trading, and it is wrong if you are stating, most trades are losers, without mentioning, that the sum of trades below the line is profitable. The published performance statistics are honest. And if you criticize using 1 contract to trade in the room, you are ignoring, that the shown live trading is the best acting against the claiming of winning trades after the fact.

fibonacciqueen (your # 9 - fibqueen): 'great method, but you can do better after reading her book'. Now we know all. What is her method? Well, Carolyn Boroden IS honest and she is using software which is assisting her method. If you don't have experience and assisting software, you are NOT able to do it equal or better. Especially if you are a beginner and searching for support on your way to profitable trading.

These two examples are showing, that you were not looking very deeply into the rooms. And because you are in ONE point absolutely right 'Most trading rooms are scams', it would be more helpful to others, to explain, what the methods of the roomowners are, beside to make a judement as a 'high-flyer'.

For sure there are only a few providers, which are worth to pay for. But because there are different methods of trading [i.e. trading daily profile by reza (profiletraders) or trading fibonacci price- and time-clusters by carolyn (fibonacciqueen)], not each method is suitable for each (beginning) trader.

If you are trying to avoid the loneliness of this 'asocial sport', have a look at one of the mIRC chatrooms. There you'll find many guys trading and talking whole day. And - it's absolutely FREE.

josch
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Old 01-07-2011, 10:42 AM   #18

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Re: Trading Rooms

Josch,

I agree with the following: Caroline is Honest and Her Method Is Good as well as her book. And she states clearly in her webinars, that she tried to become a trader, but did not succeed.
Profile Traders is a different story and I will stand 100% by what I said: it is a Complete Scam.

I found that after all I do much better without any noise: finall followed advise of few succeful traders, and turned everything off. So far only Pirates made any sense to me, but I do not trade ES: that was a great group of traders and decent people.

Pandora with Mozart and Vivaldi I found to be the Best Trading Room For Me.

Good luck
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Old 01-09-2011, 11:17 AM   #19

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Re: Trading Rooms

I would like to find either a room or atleast one other trader that focuses on trading the CL. I would like to participate in ongoing dialogue as this market develops. I have developed my own proprietary method based on Market Profile principles but believe two sets of eyes and heads are better than one.
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Old 01-18-2011, 01:42 PM   #20

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Re: Trading Rooms

Found lovely new room: tradingliveonline, that seems to be Kosher based on Harmonics and Fibs: trading ES, but looking at Euro as well.
Had not seen losing trades yet, and love the fact, that their seious about Fibs
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Old 01-18-2011, 10:46 PM   #21

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Re: Trading Rooms

I have been a member of a room since last Jube and find it really enjoyable and it was a great help to me. I had been in a bunch I got nothing out of(including some who advertise here). I don't want to outright call anyone a scammer, but nothing was right fit. The moderator, Tony is a great guy, patient and likes to educate more than trade I think. he has coded a bunch of new custom indicators an entry signal system for Ninja 7 and adding some markets i am just getting used to like CL and GC. Just my 2 cents but I highly recommend at least the free trial to give him a look.
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