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What is your monthly cost for trading rooms?


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What is your monthly cost for trading rooms?

  #1 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Hi guys,

New poll:

How much do you spend monthly on Trading Rooms?

 


Please vote and discuss!

Mike

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  #2 (permalink)
 
AnvilRob's Avatar
 AnvilRob 
Smithfield, VA
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I pay for one. It gets me access to about 8-10 traders I respect very much and the community. Finding options traders that really know what there doing. The options space is like any other place, it's hard to find real traders and it sucks trading alone.

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  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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AnvilRob View Post
I pay for one. It gets me access to about 8-10 traders I respect very much and the community. Finding options traders that really know what there doing. The options space is like any other place, it's hard to find real traders and it sucks trading alone.

How much do you pay?

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  #4 (permalink)
 
AnvilRob's Avatar
 AnvilRob 
Smithfield, VA
Legendary Options Mando
 
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Big Mike View Post
How much do you pay?

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$33.49. There are cheaper options. But it's for live streams where we can all get on and discuss various options techniques and we all kinda help prove or poke holes in the ideas. The lower tiers usually get the results of such research but later. Especially if implemented into a core strategy. That's 13.99 And 3.99. One of those tiered discord subscriptions. Zoom meetings etc.

I should note it's not a day trade. More of surrounding yourself with smarter people.

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  #5 (permalink)
 hoppy123 
orlando
 
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if i could find a decent futures one ? but never found a decent one

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  #6 (permalink)
 DaveP711 
Middletown, CT USA
 
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I think a more worthwhile poll would be to ask, "If you belong to a trading room, is it consistantly profitable for you?" There are too many rooms out here where what looks great in the room is never replicated by the room attendees. Ask a poll question where the user has to input the room name and if the user has been consistantly profitable with it. Thanks.

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  #7 (permalink)
 planetkill 
New York City + NY/United States
 
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DaveP711 View Post
I think a more worthwhile poll would be to ask, "If you belong to a trading room, is it consistantly profitable for you?" There are too many rooms out here where what looks great in the room is never replicated by the room attendees. Ask a poll question where the user has to input the room name and if the user has been consistantly profitable with it. Thanks.

Rooms where people tell you what to trade are not going to be profitable. The best rooms act like support groups.

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  #8 (permalink)
 
Tinman34's Avatar
 Tinman34 
Winnipeg, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 4 since Nov 2022
Thanks Given: 1
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I have been in big rooms full of cons and small ones with people who have no idea. It is difficult to find a room with people who actually know what they are talking about based on actual experience and who also hold everyone accountable. Took me 2 years but finally found one with a process that actually is based on making money- and not for the hosts of the room. If they have to keep promoting their room, it means they turn people over and need to keep filling the funnel.

Give trading rooms (and the markets) your time, not your money!

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  #9 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
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I haven't paid for a trading room yet, but a few months ago I joined a trial week with the Tradepro academy.
I don't like that they keep on pushing their courses, their marketing texts and headliners, and trying to sell sell sell.
However, I did like what they are doing in the trading room. It made sense to me. Many youtube video's available.

Soon I'm back to fulltime trading and I am considering to join the futures trading room to see if I can learn/understand what they are doing.

If anybody worked with them, I would be happy to hear how that worked out for you.

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  #10 (permalink)
 
Joseph Connors's Avatar
 Joseph Connors 
Colorado Springs, CO USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrade
Trading: Futures
Frequency: Many times daily
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Tinman34 View Post
I have been in big rooms full of cons and small ones with people who have no idea. It is difficult to find a room with people who actually know what they are talking about based on actual experience and who also hold everyone accountable. Took me 2 years but finally found one with a process that actually is based on making money- and not for the hosts of the room. If they have to keep promoting their room, it means they turn people over and need to keep filling the funnel.

Give trading rooms (and the markets) your time, not your money!

May I ask what the name of the room is? How much?
Thanks!

Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent!
Calvin Coolidge
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