I'm just curious to know if anyone is actually making money following chatrooms. I followed 3 "highly rated" chatrooms this week (all charging more than $200/mo) and found them personally to be of very litte benefit since they either trade a method that I am not comfortable with (like having a 3 pt stop loss) or call so many trades that it is virtually impossible to execute all of their calls, and the ones you catch may be the losers and the ones you missed may turn out to be the winners. Is anyone aside from the moderators making any real money using these rooms. I have a feeling that the people making the calls in these rooms don't actually trade.
Chatrooms are discussed in the following thread. You will find some posters experiences. http://www.elitetrader.com/vb/showthread.php?threadid=874&pagenumber=1