I have been in internet trading rooms with several moderators, each having a different trading philosophy and using a million and one different indicators. I find myself getting really overloaded with information and wind up getting frustrated and confused. I don't believe complex methods work any better than simple ones, although complexity keeps people in the rooms longer, and keeps those hefty monthly dues coming in for the owners. So the big question is: Does anyone know of a room that is moderated by just one, or, at the most, two people using one or two simple, KISS (keep it simple stupid) methods that could actually work? (Please no negative comments and lectures.)
I've heard a lot of good things about Jack Broz, his room and his newsletter, "The Marlin Letter". Keeping it simple is the name of the game. I think most of elitetrader would find it too pricey, but that is a good thing for those who know value when they see it.