Experience at Live Trading Rooms | Trading Reviews and Vendors


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Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

Experience at Live Trading Rooms

  #68 (permalink)

Brisbane Australia
 
Trading Experience: Advanced
Platform: Ninja; Amibroker; TWS
Broker/Data: Kinetick, IB
Favorite Futures: Stocks, Futures
 
Posts: 46 since Dec 2009
Thanks: 28 given, 6 received

Trading Rooms

I'll put a quick blurb in since I've been in a few rooms. The posted question was simply to review experiences, so that's what I'll do:

For me, a reasonable room is valuable for the contact and confirmations in an otherwise lonely office.

I haven't yet found the 'holy grail' of trading rooms and I can't for the life of me work out why one doesn't exist. I mean surely there is someone out there who is actually a great trader who is willing to broadcast actual trades, show their DOM, track record, and all of that ....

But anyway, I've still found all the rooms I've been in to be extremely valuable, so long as you don't expect too much.

1. Traders International. I started there. I know there's a lot of bad wrap about them, but they got me off the ground, got me disciplined, gave me a lot of material and I'm thankful for that. I have actually been given unique right to sell my membership, so if you are interested, please contact me as I'm no longer in need of it.

2. Your Trading Room. I'm still a member and check in from time to time. I think these guys have a lot of integrity but they specialise in FX and I specialise in the ES. However, when I start to trade FX, I'm going back to these guys. They have an enormous amount of educational material, and the little time I have spent in the rooms was very positive. I haven't been inside long enough to really promote them, but I can say that from what I've seen, it's very good.

3. Puretick. Impossible to follow, impossible that they are actually getting those results; basically always feels like they are calling trades after the fact. Too expensive. Still, I joined for a few months, learned a little and didn't blow my account. However, their track record on their website is definitely 'inflated'.

4. Eminijunkie. Still in this room and love it. This guy does NOT call his own trades, rather he calls the trades of a 'system'. This can be frustrating if you are looking for actual calls. His daily video is openly a 'best case scenario' and should not be given any credence. However, I find his education very good, and once you learn to make the system your own, I feel that there is value in this room. It's also very cheap.

Again, for me the key has been that none of these rooms can or will make you profitable. They are all sources of education and instruction and if you treat them as such, you avoid disappointment. If anyone DOES indeed know of a room that consistently calls profitable and followable trades, then please let us know !

Hope that helps,

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