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Yes its very possible, given a few (very important) things; You are already an experienced profitable trader. Trade futures. Have a broker with low intraday and maintenance margins. I just did this in the past month, for example. A friend had some money to spare and wanted me to trade it for...

Pekelo, you are absolutely correct! Because the technical aspects of starting a group are so low, I will just start the group - if only with a single other user. Also a fabulous point of yours, I need to find a platform that will allow ignoring of others - because as you have stated, someone...

Alex, I think you hit it on the nose. I am not suggesting a real-time chat that will work for EVERYONE, but rather a few like-minded traders. After all, you can't please everyone. Because the technical aspects of starting a group are not hard (opening a Slack or Discourse account might take me...

I'm glad that you've been able to have this experience before! Do you think that given the right group an increased P&L would be possible? Or are you implying that its just the cost of having a group? Perhaps everyone in the group would NEED to have same trading style... or not even talk about...

100% agree. Not looking for a group that copies anybody's trades, simply psychological support. It is also nice to get reminded every now and then of upcoming market events, or other small things which you may have missed, no?

Now we would have TWO potential crude guys... look at that.

I did get the chance speak to a user privately here that has a similar group, and says that he absolutely loves it. So it IS possible to create something similar. What I am hearing is that most want support, and most definitely DON'T want to be teaching somebody else to trade - both things...

This seems to be the main problem. To get around this the group could be open to anybody who is a full time trader (or claims to be), and then the group could decide to keep them or not after some period of time. Honestly, I can tell when someone isn't a real (full time) trader because; They...

I do agree with you, ET is nice but its not real time. Honestly, like you said, the last thing I want to talk about is more trading once the day is done. But during the day, if only to consume really slow moving period (like today), it would be nice to just converse with someone about...

Dustin, I would send you a DM but I don't want to bother you. If you have free time could you reach out to me? I would love to hear why you did this (probably the same reasons as me), and how its actually working out. Would it be safe to assume that you and everyone else involved trades full...

I 100% agree with you Lawrence. But tell me, have you never placed a trade straight out of boredom? I sure know I have, as "professional" as I might be. Sometimes it also helps to bounce off ideas, or get reaffirmed of something which you may be thinking about. I guess the purpose would be to...

Crude man, I absolutely, 100% agree with you. No video or screen sharing - if we are all professionals we all basically know what each other is talking about ("supply here, trendline over there, entry at this level because of this factor on the 5min, etc"). My question to you and others would...

Hahaha that may be quite true. Thank you for your feedback on available platforms - having a searchable application (i.e. has a DB) could be beneficial since not everyone trades at the same exact time (for example, I don't trade the close of the markets). Yet someone would probably appreciate it...

Alex, I think Skype or Slack would be perfect for something like this as well - its ubiquitous, easy to use, and their subscription services are not outrageous (Hell I would gladly foot the bill for something like this which would be FAR more beneficial than charging some stupid subscription)...

Thank you for extending the offer Bob, you just made clear one of the many benefits of being part of a trading group! (who doesn't like lower commissions huh). Thank you for your feedback. If anybody else has had an idea like this, would like to try something similar, or believes that this...

Hahaha ohh prop firms, those could be VERY hit or miss. You bring up a good point. Isn't the purpose of having coworkers all of the above though? You are initially at work for business (to get paid = make a living), but you also have watercooler talk from time to time. Track record was the...

Bob, That's exactly what I have been thinking of doing. Can I ask, are you a professional trader? And if so, do you have a support system of any kind or do you do it all by yourself? The problem is I don't know many other traders who are not a) at a huge firm in NY, so they have their own...

I am tired of useless "trading rooms" that charge hundreds or thousands of dollars to join. By its very nature, most owners of these rooms don't even trade since they receive all of their profit from the membership of the room itself. I am a professional futures trader - In other words, trading...

Most brokers require you to maintain a margin minumum when trading leveraged ETF's. For example, requiring 50% margin on 2x Etf's. In essence, doesn't this mean that you would only be 1.5x (200-50%) leveraged with a 2x ETF? I'm trying to figure out the best combination for short term...

So do you check global markets or the futures market, there's a difference :)