The best services out there (if you can't find yourself a mentor who you can sit beside and learn from) will get you to a good stage on the learning curve within 3 months, after which time I would suggest that a chatroom becomes a waste of your time and money (diminishing returns over and above what you have picked up) and you now should be at the stage where you can trade unaided (a further 6months- 2years of individual trading is necessary before you can get to the stage of consistent profitability... I reckon 10% of people who try, tops, get to this stage)... the chatroom simply needs a supply of traders to do well e.g. 100 traders in a room at $400 a head is $40k a month for the chatroom owner, which is decent money... this explains why chatrooms and other vendors are always popping up, since start-up costs are relatively low...
I can't comment on Waxies site, but if he has a free 1 month trial maybe you should take it... that way, if you are learning from being with him, you only need to pay for a further 2 months or so, before you leave... I do know of two sites whose chatroom moderators I respect:
1) threei (who is a member here and posted a lot of great stuff on siliconinvestor.com before ET took over as the trading site of choice) from realitytrader.com
2) Brandon (another ET member, who I occasionally chat with on my Yahoo Messenger during quieter spells of the trading day) from tradingfrommainstreet.com...
I always recommend newbie traders try these two outfits out first, since they offer a newbie without a mentor what is needed to get going down the path of trading...