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Any good Futures Trading Rooms?


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Any good Futures Trading Rooms?

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  #11 (permalink)
lightsun47
Toronto, Canada
 
 
Posts: 293 since May 2018
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tony2604 View Post
There is one room Im member now and I can recommend because you will be profitable within short time!

That is a *very* BOLD claim.

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  #12 (permalink)
 tony2604 
Europe
 
Experience: Intermediate
Platform: NinjaTrader, CQG Trader
Broker: Mirus
Trading: currency futures, forex
 
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lightsun47 View Post
That is a *very* BOLD claim.

Hi,

english is not my language and Im not sure what you mean, just have an idea... but wondering why you dont go and find it out instead. But yes, I should have added "very" short time. lol.

PS: ...sometimes I think one should not try to help other people... no prob

Tony

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  #13 (permalink)
 Tymbeline 
Market Wizard
Leeds UK
 
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tony2604 View Post
There is one room Im member now and I can recommend because you will be profitable within short time!

May I ask how long you've been a member, Tony?

Do you know why the domain-name owner conceals their identity on a "whois" search?

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  #14 (permalink)
lightsun47
Toronto, Canada
 
 
Posts: 293 since May 2018
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tony2604 View Post
PS: ...sometimes I think one should not try to help other people... no prob



Tony

Appreciate your help here. But you have to understand this is an industry where 99.99% claims are bogus. Just plain bogus.

People come here night and day to promote their services, but there is (almost) never a proven trading system which can work like YOUR claims. Nothing offensive against you, but this has been done here a million times before and ALL those claims turned out to be junk.

Sure your system and room might be good, but I think the wording you used is very shady. Too good to be true.

Nonetheless, I will at least try it out and appreciate your help. Thank you.

Moderators can edit/remove this if I blasted too much here.

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  #15 (permalink)
 tony2604 
Europe
 
Experience: Intermediate
Platform: NinjaTrader, CQG Trader
Broker: Mirus
Trading: currency futures, forex
 
Posts: 79 since Apr 2010
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Hi,

Im trading 14 years and Im member there 1 month and see - and have - results never been in rooms before.

No need for anymore discussion here.

All the best!
Tony

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  #16 (permalink)
 bobwest 
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tony2604 View Post
There is one room Im member now and I can recommend because you will be profitable within short time!

This is indeed a very large claim, which of course does not mean it isn't right -- I have no way of knowing. But profitability does not generally come easily.

People should always be careful about any trading room or other source of trading advice. They really are very seldom a path to profits, even if completely well-meaning and honest. At most, a legitimate one may teach you something you can then apply on your own.

But if traders simply follow someone else's lead and takes their trades, they won't know why the profitable trades work, and they won't know why the unprofitable ones don't. If the good trades stop coming, or if the room shuts down, they won't know what to do. They won't be "traders," they will be "trade copiers." This is not a very secure position to be in. That would be true even if they got a good one.

Aside from this, there are an enormous number of pure, simple, complete scams out there. They always sound very good, because sounding good is something they have perfected. This thread is only just into page 2, and already there have been three posts deleted by the moderators as obvious vendor spam, looking for suckers. A thread with this title is going to naturally attract them.

I'm not making any statement about anyone's recommendation, and there may be rooms that can actually work for you. Just be careful.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #17 (permalink)
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
Broker: Oanda, TorS
Trading: Stocks, Currency Futures
 
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tony2604 View Post
Hello everyone,


today is September 14th 2022 and I post this comment here for everyone who has done hard work trying to get profitable for years like me....

There is one room Im member now and I can recommend because you will be profitable within short time!

We focus on the YM for certain reasons and with our daily results one wouldnt need to trade anything else (dont ask or comment about other instruments there, you can trade on your own)


I dont need to write details about prices (room-membership already with $ 99,-!!) trading-results or whatever.....there is a 3-day-free-trial, go there and see what we are doing! Info: Headcoach is starting around 8:30 EST!

The best you can do for your life as a trader. There is the link for a 3-day-free trial (to avoid any further discussions): https://libertytradingclub.com/join


Tony

Thanks for the recommendation. I tried the trial and I wasnt impressed. I will say, it seemed similar to the Viper Trading room, (yuck) (and 150 bucks cheaper) but still, one hundred bucks a month is too much to have to pay as you watch older videos. I took one trade and was stopped out.

No disrespect to your opinion. "To each their own" as they say.

It seems funny that the ones talking all refer to each other as "coach." Reminded me of Monty Python's skit where everyone was named Bruce.

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  #18 (permalink)
 Tymbeline 
Market Wizard
Leeds UK
 
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bobwest View Post
But if traders simply follow someone else's lead and takes their trades, they won't know why the profitable trades work, and they won't know why the unprofitable ones don't. If the good trades stop coming, or if the room shuts down, they won't know what to do. They won't be "traders," they will be "trade copiers." This is not a very secure position to be in. That would be true even if they got a good one.


I completely agree (as with your other points, above).

My other concern over trading rooms is that there are hundreds and hundreds of them; this means that there are always a few that have had a good month or two, according to the "law of large numbers", but without that signifying anything at all. Unfortunately the correlation between one having had a good month or two, and one continuing to have a good month or two after you've joined and paid (which is what matters, clearly) is probably minuscule. If there's one at all.

And according to the "law of large marketing", the recently successful few will almost always be the ones most promoted and discussed, so those are the ones people notice and are attracted to. Again, without that necessarily signifying anything at all.

(Also, my own feeling is that if one were steadily successful, it would clearly pay them to give a whole lot more than 3 days' free trial.)



faithdefender View Post
Reminded me of Monty Python's skit where everyone was named Bruce.

That could be a bit confusing, Bruce.

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  #19 (permalink)
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
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(Also, my own feeling is that if one were steadily successful, it would clearly pay them to give a whole lot more than 3 days' free trial.)

That is SOOO true. I guess I dont see what the harm is in having a couple of weeks trial.

If you have a product that works, you introduce it. You let people try it. Isnt that what they do at Costco? You walk by and they hand you a sample? You try it and say "i want more."

Or you start out with a 20 dollar membership and allow someone to test drive. If it works, they WILL be back, right? Instead, it seems to be a cash cow for the majority.

I remember when i paid 67 dollars for a monthly subscription on some stupid thing called Market Makers Dashboard. If you have 10000 people (which they did) try the one month subscription at 67 bucks, I think you end up with almost 3 quarters of a million. Not bad for a months work. But I watched as people dropped like flies because it was crappy.

Instead of trading I need to sell indicators and/or trade rooms.

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  #20 (permalink)
lightsun47
Toronto, Canada
 
 
Posts: 293 since May 2018
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Apparently, I did try the trade room and all they are using is stock indicators, nothing fancy and of course a couple of trades did not work for me either. When one finally worked, they were screaming, see how many times we told you to go short there.

Pricing is just absurd.

$99 per month for basic trade room where they only show the screens, call out trades and not show their DOMs (so we don't know if they are trading live or sim or not trading at all).

$3300 for lifetime membership where the 'system' is based on stock Stochastics, EMAs and a few tick/minute charts here and there and basically all the momentum trades.

There are better ones out there. Been there, done that a million times. Good luck.

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