What Can I Achieve In A Live Trading Room?
Live trading rooms are online chat sessions where a professional day trader (moderator) calls technical setups/trades and helps participants see the Markets. In these trade rooms, both novice and seasoned traders watch the moderator's charts, ask questions about setups and using the platform, and trade themselves, either live or in simulation mode. In a good trade room, the professional moderator does not encourage the participants to enter on just what he is doing, but explains why such and such is a setup. The participants should be able to make their own decisions based upon the advice being offered. Trading rooms offer many benefits to both the novice and seasoned day traders alike. The novice trader can begin to see chart setups, learn a new trading system, and feel more comfortable knowing that the moderator is sitting right there, available for help. They won't feel all alone in the world trading blindly. The seasoned traders also benefit because it is four eyes looking...