This is an interesting side note, and then I'll also try to answer the OP's question as well.
In terms of grammar and spelling, the average American is something around a 4th or 5th grade level. We did a test on a site awhile back, 1.html and 2.html on the page, half the traffic went to 1.html, half went to 2.html. The only difference was that the grammar was pretty bad on 2.html, it was more in line with how the average person would speak, and it outpulled proper grammar by 35%. Of course we got a ton of email's from people telling us how horribly "unprofessional" we looked and that they would never even consider taking advice from someone who's english was so bad, and we just laughed. Actions speak louder, and the proof is in the pudding as they say.
Now to the Ops question on trading rooms. First of all I'm rather biased about the value of them in that I used to run one, and I also learned a lot from one earlier. From 1998 until 2003 I ran one of the largest chatrooms on the net, we had between 150 and 350 members paying us $200 per month and I think we had a good success rate with our members. A chatroom allows people in a lonely profession to interact with each other, to share ideas, to share struggles and victories. It can be a wonderful community if it's done right.
I myself learned a lot about trading in Pristine's Real Time Trading Room back around like 1997/98. It was a great place and they explained every single thing they did as they did it, in addition to the calls.
The main problem with a room is first and foremost finding a good one. Most of them are run by failed traders. However, if you find a good one, that doesnt mean there is not going to be a problem too. If your going to get good results, then you need to take every trade. What tends to happen though in real life is that doesnt happen for any number of reasons. So then you have people either doing a lot better, or a lot worse. The other problem is in terms of your own confidence. Trading is a game where you have to develop the judgment and skills on your own to step up and buy or sell on your own. You shouldn't be relying on another person to give you permission to take a trade, but that tends to be what happens to people in a room. They end up trading by committee, which is the least likely way to succeed.
Anyway hope this helps.
Brandon
Quote from TheBestGuruEver:
1. You're right, why worry about the future of our education system?
It was in HIS TITLE!! If English is not his first language, then I apologize.
But if you can't spell TRADING, then odds are you have issues. It says level of education is low, and discipline lacking. If I wanted help and wanted to be taken seriously, I would spell things correctly.
So great, now his kids will be emailing in the future:
;laksdjfkla;sjfkla;sfjalks;fjasdklf;jf
l;kasdjfkla;jfklfjdsakl;fjdsaklf;djfasd
and nobody will understand.
thanks.
