I have been in the room for one day and came away with a positive impression because they trade the ES with entry price, stop placement, and targets posted ahead of time. They also post their trail stop. So they are teaching and trading their method under live market conditions. This is a big plus for me. Today was also a good day for them. So I would appreciate a review from someone who has spent some time with them.
Last edited by Ben16JP2; July 13th, 2011 at 09:24 PM.
Please don't take this the wrong way, but you've started countless threads on various trading rooms over the past few months. It seems you are looking for a room where you can take the trades religiously and make money. I would venture to say that no such room exists, there is a reason these people operate rooms. It would be better spending your time researching the markets.
That is not to say that being in a room is necessarily is a bad thing, in many instances it will teach you how not to trade...
The following 2 users say Thank You to Lornz for this post:
Bo from chicago: good morning all
Leslie: Good morning
PRADIPKUMAR S PATEL from United States: GM
Kevin Deegan from las vegas: good morning
Steve: S&P...1.27 Sell...1320.00...5 Point Stop
Steve: We strongly suggest that traders have a solid knowledge of this trading method and practice in simulator before committing real funds.
Steve: Can use "Fit Screen" or "Actual Size" or "Maximize" in upper right of your browser to adjust chart size. Also, F11 will enlarge the charts.
Steve: PreMarket Commentary about 9:15 or so
Steve: Euro...Sell...1.4209...1.4233 stop
Steve: First Exit Euro...1.4200 area
Alicia from NYC: GM everybody
Terry from Colorado: and the "Ben" is talking again at 10 AM
Steve: Take Partials
Steve: Stop to 1.4215
Jeff: Good morning Pete from Bangkok: you people got filled @ 1.42 on the 6e?
-> Audio telling me off for not playing ball Pete from Bangkok: not jumping in to anything - just asking if you got filled!
Naveen G from san diego: Leslie I think it may help new traders if there is flow-chart of things that need to be done
Naveen G from san diego: before getting to the Live trading room
Naveen G from san diego: may be on your website
osam from fl: Good Morning ALL
Steve: gm Osam
Steve: Stop to 1.4210
Alicia from NYC: Naveen, if I may put my 2 cents in, the trading room is like a classroom, where we all sit down to listen, observe and hopefully learn a few things. And as responsible traders the onus of the consequence of rushing in without understanding is on us. Please do not take offense about my comment, it is given to elucidate and not to criticize. Pete from Bangkok: guys - don't take too much on my comment. Target was 1.42, just a simple question as to who got a fill there. My mistake. I personally don't move stops until I get a fill. Note that I didn't get any instructions that said "dont ask abt fills" !
osam from fl: Trust me guys dont let them Send Steve to your House to teach you a LESSON LOL
Naveen G from san diego: Sure Alicia, I dont have any issues
osam from fl: it happend to ME
osam from fl: LOL
Naveen G from san diego: still trying to figure out the kind of room I am getting into , previous ones were quite different..
Steve: 9:30 EST
Steve: S&P Opens at 1316.75
its a great room! have been there a long time. I think the person may have misunderstood when he thought he was being "yelled" at. Maybe he did not spend enough time in room before asking if any one was filled. That is not how the room is run. They do a great job and its a great place for live trading education!
if anyone finds a problem with Leslie Jouflas and this trading room, I will go as far as to say, you're the one with the problem. i have know Leslie for a long time and you will not find a more genuine and honest person who wants to help someone learn to trade than her. if you will spend a decent amount of time on this site you will find that Leslie is a very good trader and definitely makes money far more times than not. as far her strategy, she mostly works off an ab=cd pattern which she has mastered to perfection as well as incorporating it with the fib ext. 1.27 and 1.618. i have participated in leslie's trials,etc., but not a student. the reason being is i learned to trade the same setups she trades from the same person who originally taught her. she was more experienced when i first came in contact with her. i don't trade exactly the same way today as leslie does, but you could not find a better person or teacher than her. the other trading sites that have failed to live up to what they promote deserve the bashing they get, but Leslie is not in that category by a long stretch. if you think her way of trading might be right for you, i guarantee that you will learn it and learn it well and will be successful if you follow the plan.
i forgot to add in my previous post that Leslie was sought after by Linda Rashke to join her site - and did for a short time. however, Leslie liked running her own show and eventually went back to doing that. Leslie did a lot of the pattern identification work for LBR and is highly regarded by all who come to know her. everyone comes away with the same opinion of Leslie - she's a very good trader but an even better person.