Any free chatrooms for day trading stocks?

Discussion in 'Educational Resources' started by rin4et, Jan 5, 2018.

  1. 777

    777

    https://bullishbears.com/live-trading-room/

    They have been free but may go to 10 dollars a month.

    They say they are not an entry/exit service but rather a pre/durring/after market discussion group with a premarket watch list and during market commentary.

    They have a library of free videos but the value, if any, may be in following the thought process of some of the chatroom traders... see if any of "the ideas behind the trades" make sense.


    Their revenue has been sponsor based with members receiving discounts if they try a product.

    _____

    Some rooms seem to be very expensive (big fees and high-ticket courses) hustles with mini pump-and -front runs. The room leader buys and then lots of followers buy behind him.

    _____

    I have never been in their chatroom and have no personal knowledge about Bullishbears.

    Rin4et asks many sincere and good questions which in the past have drawn out strong answers from savvy traders. Happy to have her on my follow list.
     
    Last edited: Jan 6, 2018
    #11     Jan 6, 2018
    Trader200K likes this.
  2. 777

    777

    You want to separate the wheat from the chaff in all areas. Many chatrooms are hustlers skinning suckers and pandering to losers.

    However, years ago I knew two winning traders who picked up some good ideas from being in the same chatroom for a few months. Though they both were already winners and knew enough going in to see what was true and what was not.

    Even the "professional" training in at least one major prop firm is worthless.. bust-outs training new people. But a few traders I knew managed to network within the firm and do well.

    IDEALY one wants to have personal relationships with winning traders but this is not always possible right away. But This Should Be An End Goal.
     
    Last edited: Jan 6, 2018
    #12     Jan 6, 2018
  3. 777

    777

    I notice a spat of ET posters saying things like: "get an algo" and "learn to code". Not bad advice, if you can.
    ___

    Many experts predict machines will do everything better than people in 50 years
    ___

    Manual trading has gotten progressively tougher due to technological progress.

    Most prop firms of 15 years ago have closed and most winning traders of 15 years ago no longer trade or no longer win.

    All this said, I applaud Rin4et for trying to network with winning traders; perhaps some will be highly tech-savvy.

    Automatic edges will turn up less and less but they will turn up more for those who search and network well.
     
    Last edited: Jan 6, 2018
    #13     Jan 6, 2018
  4. big $ now made by only 93% of et members , down from 98% 10 years ago.

    i have the figgures
     
    #14     Jan 6, 2018
    777 likes this.
  5. Jack1960

    Jack1960

    No, big dollars are made in Bull chat room, no one ever loses. Only newbies and losers allowed.
     
    #15     Jan 6, 2018
  6. Overnight

    Overnight

    Guys, get the hell out of stocks! Get into futures! Man futures is the fun! Stocks are old and crusty (sorry vanz). I'ma get that old crusty vanz guy over to futures this year.
     
    #16     Jan 6, 2018
  7. Jack1960

    Jack1960

    Yes, go with a broker that allows $500 margin per contract. Get the maximum leverage and go for it with all the money you can borow. Absolutely nothing can go wrong.

    Why bother with boring stocks?
     
    #17     Jan 6, 2018
  8. Overnight

    Overnight

    Sounds like someone got up on the wrong side of the rock!
     
    #18     Jan 6, 2018
  9. jp1676

    jp1676

    Stocktraders dot net is free. Like many have said on this forum, do your own research.
     
    #19     Jan 7, 2018
  10. Based on the posting content and patterns, I don’t think OP has the patience or diligence to make it in this business, or any business for that matter. Way too scatterbrained and cocky.
     
    #20     Jan 7, 2018