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![]() | Trading Rooms Here is my conclusion after a year in Trading Room Jungle: Most Trading Rooms Are Scams. Good Trader Does Not Need Headache or Liability of The Trading Room. I had been subscriber /visitor to 50+: most are clear junk, and you can see that immediately. Some: like ProfileTraders may take few weeks or so. So here are my opinion on few last ones: 1. Profiletraders and Huddy-Traders: Both Are Junk ( will skip word S above to be Proper): Reza in PT spends most of his time cursing Obama, trades 1 contract ( lol: who can make living on1 ct: and most of his trades are losers). He always blames his crappy trades on Market and Obama. Huddy takes 2 ticks a trade...at the best… 2. Eminitrading school: JUNK: The only good thing is Giles Sweetness: initally seems impressive: after 2-3 visits: These guys make living on Membership: not trading 3. Eminijunkie: Crappiest Room Ever..Clearly takes advantage of newbies: Fibs will become a Curse if you would pay attention to this guy..I lasted 15 min: made me nauseous. 4. MarketDelta: Worst software in Trading: Period. Only 1 person in tech support for entire US>had been member to 3 rooms associated with it: 5: l2ST: if you like to witness trades marked after the fact ( lol: anyone can do it): then this is room for u...after becoming a member and witnessing only 15-20 members became clear..Kam is not a Good Trader and Has No Business BSing . Also, changing inidcators weekly: what does that tell you? 6. Insitute for Auction Market Theory: I tried for 3 days and lasted 15 min each day: company of someone who sounds like angry 80+yr old who is cursing every 30 sec and taking constant losses during that time: was not for me. 7. Order Flow Analytics: NAP TIME...what a..: George pretends to be This Such A Special Room: It Aint.. 8. PureTick: Enjoyed Alex's company....but taking 10+ trades a day is not my thing: although, They contacted me and stated that he made changes to his method. 9. FibQueen: Honest Woman. who talks about hangover in her Sat. webinar: great method, but you can do better after readin her book and trading on your own. 10. Mark Braun: nicest and most helpful guy, trade same method as Fib Queen. but you get much more personal attention: I found that he uses way to many instruments and charts. 11. TradeThe Markets: how can you trust someone if you can't see their charts??? and Clayburg is Pathetic: his system was one of the first things I bought in trading: Old Scammer 12. Millenium traders: JT is sweet and cute..at time may make good trades, but o long term basis: traidng 1 min candles//pretty dangerous: again 10+ trades a day.. 13. Juggernauttraders: Sad Place… These are few that come to mind at the moment: feel free to ask and I will let you know if I had been to whatever room you are enquiring about. Here is My Advise: Remove All Indies and Stare At The Chart: You Will be Amazed How Much You Can Notice once all the background noise and indies are gone. Also: please, stay away from Tick Charts: I learned that most succesful traders take 1-2 trades a day, and they do not trade tick charts.. I personally would love to hear about decent room: I am a consistent trader, but since trading is such an asocial sport: would love to join a Honest and Good Trading Room...If there is one..Pleeeeeez, Prove Me Wrong! | ||
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![]() | Re: Trading Rooms | ||
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![]() | Re: Trading Rooms we have some basic rules , call your trades dont muddy the room up with useless chat, and if you dont like why you can always get removed | ||
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![]() | Re: Trading Rooms | ||
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![]() | Re: Trading Rooms Quote:
In Al's minimal style, the charts are simple and he sounds like he's moving and thinking at quarter speed - its an illusion as he trades like lightning and has a natural analytical skill which fits a trader. My complaint is there is no DNA transfer to lend me that remarkable talent. Sigh. Al is more of a natural than I; I am interested in other rooms that can help me build that insight. Shortening the learning curve is part of it, but learning patience and discipline is a large part. Had I better learned either I'd be far happier. | ||
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![]() | Re: Trading Rooms | ||
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![]() | Re: Trading Rooms I will take a look at Al's site. After such unfortunate experiences and burning through few hundred k: I was Blinded by all the BS and now I can see: price action is all that matters. Opinion of Fellow Traders is Priceless. Good Luck! | ||
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