any good chat rooms in Paltalk & Hotcomm?

[Samson77]

Quote from commodore:

Fancy software won't make you a better trader, I was taught to trade off graph paper and still do for my position trades. Fancy software won't make you a professional or better teacher either.

just my opinion from experience.

Better software will make teaching easier and allow the student to learn faster.

It's your room, do what you like it's just feedback

 

[Nana Trader]

Quote from commodore:

If you want to be successful and become part of the 5% club you need:
1) ........
2) ...............
3)......
regards,
commodore

Where did you get that 5% figure from? If it's 5%,
no retail trader stands the chance, better quite trading

 

[Spydertrader]

Quote from Samson77:

You asked for feedback and I gave you mine.

Ever notice how people ask for feedback, but get defensive when you provide it? Wonder why that is.......

- Spydertrader

 

[Nana Trader]

Quote from commodore:

Fancy software won't make you a better trader, I was taught to trade off graph paper and still do for my position trades. Fancy software won't make you a professional or better teacher either.

just my opinion from experience.

It gives you hell of ideas, otherwise they won't priced
them high, why companies like eSignal and Tradestation,
CQG are profitable every year?

 

[commodore]

I welcome your feedback and keep it in consideration. Again, this will be a voice only chat room. Whatever charts need to be shown can be posted on a web server after markets hours. The initial intention of the room is to just allow members to see how ones trades professionally in a calm and relaxed manner with goals, plan, and risk control and the proof at the end of the day. Many scientific and mathematical ways to trade, the best ones being the ones you devised, tested, and proved to provide you with a distinct advantage without any thinking invloved.

Thank You.

 

[qtip]

Quote from commodore:

I welcome your feedback and keep it in consideration. Again, this will be a voice only chat room. Whatever charts need to be shown can be posted on a web server after markets hours. The initial intention of the room is to just allow members to see how ones trades professionally in a calm and relaxed manner with goals, plan, and risk control and the proof at the end of the day. Many scientific and mathematical ways to trade, the best ones being the ones you devised, tested, and proved to provide you with a distinct advantage without any thinking invloved.

Thank You.

So if you aren't going to show real-time charts and educate us on why those trades are taken, what is the purpose?

 

[Brandonf]

Quote from Samson77:

Brandon

Thanks I will stop in tomorrow A.M.

I will see you then.

Brandon

 

[Spydertrader]

Quote from commodore:

The initial intention of the room is to just allow members to see how ones trades professionally in a calm and relaxed manner with goals, plan, and risk control and the proof at the end of the day. Many scientific and mathematical ways to trade, the best ones being the ones you devised, tested, and proved to provide you with a distinct advantage without any thinking invloved.

Maybe I have missed the intention of your room. I join your room to listen (not watch) to you trade. Afterwards, I devise my own strategy. I test that strategy. I prove to myself it works. Why then am I paying to watch you trade again? Sorry, why am I paying to listen to you trade again? Again, maybe I missed the intention of your room, and I hope you can clarify.

- Spydertrader

 

[commodore]

My intentions for me:

1) Tax Advantage for me.
2) Proven Track Record and documented performance.
3) Help the less fortunate.

My intentions for you (new trader, losing trader, or hedge fund or advisor):

1) Provide you with a means to make consistent money in whatever market to either:
a) use the service as a separate strategy because it makes money day-in day-out.
b) keep you sustained if your losing money and still need more time to learn this business.
c) potentially pick up some tid bits or fortune cookies from me along the way.

 

[traderdon56]

Quote from Nana Trader:

Where did you get that 5% figure from? If it's 5%,
no retail trader stands the chance, better quite trading

Nana-

I think what Commodore means by the 5% club is that 95% of people are not profitable, leaving 5% that are.

Don-