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Trading rooms will only work in your disadvantage!
You get distracted, the voice of the moderator is always in between, maybe, high risk trade etc and all that s**t talk will make you hesitate to take a trade. And there is no room that will show you the charts with the actual trade happening in real time and no room is posting the results with a simple copy past of the account performance they all keep an exel spread sheet with generated profits after the fact and hidden loses that disappear in exel.
I think the best rooms can be a room with restricted amount of people that all are trading the same system and they will come together in the room after there trading day to discus what trades there were and what they did wrong that day.
You will certainly be distracted following anyone in a room but Al Brooks' room has to be the most useful as far as I have experienced. Pure price action and available every day, from market open to close plus Q&A. No talking from subscribers, just Al giving his interpretation. You can turn down the audio anytime you see a setup coming to avoid distraction.
This is quite true. I've never seen a room that showed the trade marks going on in real time. At best the host would say they entered here, or they are entering here with set stop etc. But no real time NT or platform marks as the trade was happening. CJ did it one time per somebody's question. Then said some reasons or such it wasn't needed. Now I do recall; he did make it clear we were seeing a different chart window than his own one he was taking trades off of, take it or leave it..
I guess if the host was that good to be able to share realtime trade marks , they would already be trading for a bank or firm in the millions or trading for themselves, and not need to be hosting trading rooms. I remember in response to my question post in some quickly dead thread named "post your best winners" where I had asked why don't you post trade marks with full contract number details, and the guy responded "are you kidding? it's like showing off the money in your wallet to strangers!" ; i guess and kinda agree it can be that sensitive..
one time I had followed a newsletter which I lost money on. I entered the guy's daily results on my own excel sheets and kept it day after day. After I quit after a month of losing, I checked back 6 months later to the see the site's "official" posted "past results". The guy had invented and inserted trade winners into the past results and erased some of the egregious losers; i knew what was different because I had been there and kept records as he had summarized weekly results to members and all the losers were accounted for and the results were copied precisely to my spreadsheet i.e. scammy.
