Quote from eurohunter:
...I have noticed several people that come and when they dont see me typing they leave. When I am in a trade I dont watch the room.
This implies that those visiting the room have a misunderstanding about its purpose.
I believe its best to find a
group of like minded traders prior to opening/starting any chat room and all comitt to showing up...
Sharing ideas and such...participating.
Then when others do show up as guests and they see all you guys talking about the market and sharing helpful info instead of just seeing one trader...
There's a better chance the guests will also participate.
Whereas starting a room all by yourself will leave you hanging as the only participating member while all others that do show up will have the tendency to just
lurk (not participate).
Simply, you will get nothing out of
your chat room because nobody is sharing and the room may then become a
distraction...
As commonly felt by most traders that visit chat rooms during the trading day.
Thus, the trick is to get your chat room to be seen as
our room.
Last of all, I recommend to anyone that wants to start a free chat room to go to either the Financial Chat server or Othernet chat server on IRC to view the dozens and dozens of free chat rooms (last year I counted 83 free trading chat rooms) to see how those rooms are managed and/or moderated prior to starting your own chat room.
It may also be easier to find like minded traders already familiar with using chat rooms as a trading tool after visiting other free chat rooms...
Easier to then setup your own room and get benefits out of the sharing right from the start.
Mark
(a.k.a. NihabaAshi) Japanese Candlestick term