he is gambling with your money! his max loss is no fee for the month. your can blow all your 10k and more.
Here is a FREE signal room for those of u looking for rooms. I am testing it out on simulator. I use it in conjunction with my own chart. I don't think it is good enough to be on its own. It doesn't work well in chop, okay in trend. http://www.ustream.tv/channel/emini-trading-signals I like to hear your feedback.
Andy of Advanced Trader Working is excellent for calling trades after fact. He is never wrong. He said that he call trades after it has moved (in his favor) so that we all have to learn to trade on our own. It is sales pitch all day. Very little educational value. What a gimmick to hide the fact his system is late - almost always!!!
I just don't understand how these type of places exist? I mean , where else but the internet will people pay 10k just on some strangers word that they have something worth that much & more?? LOL! I emailed the trade the markets room & asked about if their $5 'free trial' included the live daytrading room. Their reply, no the live room is NOT included. But, what I could do is sign up for it & if I don't like it. I could quit & only be charged for 1 month, which is $300(no refunds,period)!! I replied to them, "I tell you what, Please send me $300 & if I like the room, I will pay you back the $300 plus Send you another $300 for your fee!! Sounds kind of stupid, don't it? That's what you are asking me to do!" LOL They never replied back! In person, no one would ever go for that deal!! MORONS!!!
No free trial is one thing. They won't even pro-rate and refund the unused days! $300/mo about about $15/market-day. So u pay $300, on the first few days room makes no sense to u, u lose $300 for trying their room. There is another issue with rooms. They all play the ES, which is more for bigger players trading big lot sizes. For those trading a few contracts, NQ may be more suitable. The rooms don't take consideration of newbies playing small trying to learn.
Jreality, I am sorry to say you are not living in reality. Denial is a powerful tool. We have met the enemy and it is us. Read that again. We have met the enemy and it is us. You have received some excellent advice and tips from FB123 and he has gone way above the call of duty but you have largely ignored most it. What I am saying is your biggest problem is you, the biggest weakness of your system (I am using the word system very loosely here). You are a gambler looking for a shortcut to easy success. You have been told many times many problems but you still âwant to keep going on your current pathâ because you just donât believe in yourself. How do I know you are a gambler? If you have a system you wonât follow, you are a gambler. If the system/setup were robust, then the mathematics would show that following the rules was in your best interest. But knowing it is in your best interest to follow the rules, you still wonât do that. Doesnât that sound like gambling to you? Instead you are âhopingâ things get better instead of doing the things you need to make them get better (or at least improve you chances). You have been advised to cut back on live trading to get in a better state of mind. You ignored that advice because you need your fix, your action, even if it costs you money. On top of all this, you are trading one of the most competitive markets in the world. Do you really think you can compete without having all your ducks in a row so to speak? On top of all this, you are considering putting more money into a strategy to try to play a game to lower your tax loss. Talk about putting the cart before the horse. I suggest you take a step back and evaluate if this is for you. Based on this thread, it may not be. Decide if you are willing to do the things to help your chances of success, not hurt it. The past is the past. Learn from it and apply what you have learned going forward. The hardest thing to do is to stop trading to work on yourself and your systems/methodology. But that is what the discipline to be a successful trader is all about. Because without discipline, (.i.e. following your system, etc.) the battle is over before it begins. You are responsible for your success. No one has as much vested in your success than you. Remember that. Good luck BM
I've done the TTM room. There is no education, no screen sharing, but you can get them chatting with you sometimes. Calls were about 50%. They were often late to the room, logging in after market open. They switch it up amongst four or five people, so there's no track record either.