Great insight for those seeking trading rooms.

http://marketclips.com/2013/07/29/422-futures-trading-rooms-in-the-us-room-422-please/#more-1525

 

Great article.

 

Looks like a good article, but I read it only superficially, so don't take my word for it.

May return to it.

 

the guy who authors that site material, had been caught receiving compensation
for writing favorable reviews for select trading rooms.

https://www.bigmiketrading.com/vendors-product-reviews/28048-dr-dean-handley.html

 

thanks. it's a good place to start.

 

And how exactly is this different from what Harald Steinhaus (Fat Tails) was doing on that sleazy forum of yours.

He was exposed for smearing his competitors (other vendors) while hiding the fact he was also a vendor from the public.

Here is a longer piece about this malicious schmuck -

http://tradingloonies.wordpress.com/2013/03/01/sleazy-operator-underhanded-vendor-and-hypocrite/

Here is a piece about him coming out about being a vendor -

http://tradingloonies.wordpress.com/2013/03/23/a-big-mike-trading-forum-update/

And here is how he got caught with his pants down while trying to hide his smear -

http://tradingloonies.wordpress.com/2013/08/09/harald-steinhaus-and-the-orwellian-memory-hole/

It's no different at all, if not worse because in Steinhaus's case it involves pure malice as well.

 

Big Mike is doing shit like that all the time. He is a vendor who refuses to admit that (peddles indicators on his forum) and uses the forum to smear his competitors via tools like Dirty Harry (Harald Steinhaus) and others.

That forum is run by a clique of vendors who get to attack their competitors there while being protected by Big Mike.

It's a total mafia!

When you object to that, you get banned in no time. Here is a testimonial to this effect from R. Gerad (in the comment, though I would not take all what he says seriously, but the part about banning rings true):

http://tradingloonies.wordpress.com...-past-we-have-moved/comment-page-1/#comment-5

 

I've been through so many chatrooms it's crazy. so many front run the trades or what not. I think people like them for the social experience more than anything. certainly. it's not for the profitable calls lol

 

They like to be entertained, I suspect. And some may even don't care if they are losing money or not just like addicted gamblers don't mind spending money on their habit.

Trading rooms overall are a pathetic scene.