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forextraderoom.net

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  #1 (permalink)
Portugal, Viana do Castelo
 
Experience: Intermediate
Platform: ninjatrader
Trading: 6e
 
Posts: 343 since Sep 2011

I have found this website wit some nice videos.

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  #3 (permalink)
London, UK
 
Experience: Intermediate
Platform: Pro-Realtime
Trading: FX & Stocks
 
Posts: 16 since Jun 2011
Thanks: 2 given, 5 received


Hi

Have you joined the room?
It looks interesting and would like to hear any feedback.

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  #4 (permalink)
Kuwait City
 
Experience: Beginner
Platform: Ninjatrader
Trading: TF
 
Posts: 2 since Aug 2013
Thanks: 0 given, 0 received

I have been with them somewhere around mid of 2012 tried them for a month, they are honest about their losers and winners and call their entries but rarely will call a stop they will also wash trades ALOT which is just a no go for me so I stopped trading with them.

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  #5 (permalink)
Portugal, Viana do Castelo
 
Experience: Intermediate
Platform: ninjatrader
Trading: 6e
 
Posts: 343 since Sep 2011

I mentioned them a time ago only because they had some nice videos and I think you can still watch them on youtube.
I think it is a bad idea to follow a trade room, I have followed some rooms in the past, the last one was indeed from July until November 2013. I took a course and the trade room was free and it was a nightmare!

IŽam thinking about to give a review of the last course I took but IŽam still thinking about it. In my opinion it is just another person that could not make it by trading and is now teaching and running a trade room. The course was supposed to be Price Action but it is just trading indicators.

You have to do it by yourself! That is the best course you can take.

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  #6 (permalink)
London, UK
 
Experience: Intermediate
Platform: Pro-Realtime
Trading: FX & Stocks
 
Posts: 16 since Jun 2011
Thanks: 2 given, 5 received

Hi

Thanks for the reply.
What does it mean when you say "rarely call a stop" &"they wash trades".
Do you mean they call the winners but not losers or don't say when it's been stopped out? Sorry but I don't understand those terms.

How about the monthly returns, they seem very high, did you attain those too whilst there?

Did you just day trade with them? Could you have swing traded to after work or is it a full time type of trading?

Thanks in advance

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  #7 (permalink)
Kuwait City
 
Experience: Beginner
Platform: Ninjatrader
Trading: TF
 
Posts: 2 since Aug 2013
Thanks: 0 given, 0 received

They wash trades, they buy more positions whenever the prices falls against them and average down their cost to try to get out of the position, so what I mean is most of robin hoods trading style is wash trades he hates it when the position goes against him, and yes most of the time they won't have stops. You can always take a trial or something and see what I mean.

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