Live trading rooms?

[Naked shorts]

uh ? what you on about ? was it because i referred to you as " noody pants " in there ..other than that i cant recall anyone giving you a hard time ...... the more opinions the merrier .

You never gave me a hard time, the others however didn't think to highly of me and my posting ways. Seems we are a bunch of "toga wearers".

 

[nunthewiser]

You never gave me a hard time, the others however didn't think to highly of me and my posting ways. Seems we are a bunch of "toga wearers".

may have been "frock wearers " ? dunno m8 but i dare say there was nothing malicious in its intent . a few of the naughtier posters have left also but we still got the egotistical shonky types in there

would luv to hear all opinions and styles . thats what its all about isnt it ?

cheers

 

[Mr J]

yes it can get a lil heated now

Sounds entertaining .

 

[Ruby]

Hi Fapturbo,

In belated answer to your question from last June, I have tried a couple of trading rooms (free trials), including a recent trial on 'Your Trading Room'.

I have no idea why anyone would want to pay big money ($395 per month) to sit in one of these rooms. This particular one (YTR) has lost money for 4 of the last 5 months; they trade off the most incredibly complex looking charts - laden with indicators - instead of just reading the information in the charts - candlesticks (price action), support and resistance, and applying a few simple strategies.

Perhaps they are deliberately trying to make trading appear complex to justify their existence; perhaps the people who designed their strategies don't know any better.

I also had a free trial on the Elite Traders room once. That was woeful too!

Learn your craft; make your own trades; take responsibility for your own decisions. These rooms are no better than you.

 

[caribean]

Hi Fapturbo,

In belated answer to your question from last June, I have tried a couple of trading rooms (free trials), including a recent trial on 'Your Trading Room'.

I have no idea why anyone would want to pay big money ($395 per month) to sit in one of these rooms. This particular one (YTR) has lost money for 4 of the last 5 months; they trade off the most incredibly complex looking charts - laden with indicators - instead of just reading the information in the charts - candlesticks (price action), support and resistance, and applying a few simple strategies.

Perhaps they are deliberately trying to make trading appear complex to justify their existence; perhaps the people who designed their strategies don't know any better.


I also had a free trial on the Elite Traders room once. That was woeful too!

Learn your craft; make your own trades; take responsibility for your own decisions. These rooms are no better than you.

Well said Ruby, though, live chatting between capable traders can be a lot of fun, can help your trading, and break down the boredom of intra day trading.

 

[nunthewiser]

Well said Ruby, though, live chatting between capable traders can be a lot of fun, can help your trading, and break down the boredom of intra day trading.

yep

also get some awesome recipies in between polishing our ego,s

on a serious note .. live chat rooms can be dangerous to the newer trader also ...... they can be looking for the golden grail and take some of the comments as gospel or knowledgeable

have seen it in commsec over the years with tag team ramps , tag team trading ideas/calls/advice etc

the occasional newbie clings to these postings as if they were gold without doing the appropriate research

we are all legends in our own lunchboxes in these forums/chatrooms but ppl forget that its only opinions and views of the situation as we see them

i am yet to see anyone 100% correct and ppl should remeber this in a live trading and chat situation

 

[nunthewiser]

would like to add tho

we have been given some gem stocks to look at from numerous passers by and regulars lately and would like to thank them for the input

good and bad to every trading chat room

just got to do your own thinking and own research on ANYTHING one reads

 

[caribean]

Well, hot air is not confined to chat rooms...
so many words, so little substance.

 

[Wysiwyg]

we are all legends in our own lunchboxes in these forums/chatrooms but ppl forget that its only opinions and views of the situation as we see them

Maybe a permanent signature under every post stating

"all posts are for discussion purposes only and should not be considered as financial advice"

or something along those lines. If it wasn`t a problem then whoever imposes the strict rules upon fora wouldn`t impose the strict rules.