Which real live future trading room I should choose?

FB123 · Sep 18, 2009

Quote from Brandonf:

The most profitable trading website guys I personally know are banging down 9 figures +, I can name 6 of those, and I can name dozens making over $500K. I know one guy with a trading service who made nearly $200million last year with it, not very many big time hedge fund managers even come close to making that. So, the argument that if your edge is so good you would never sell it does not hold water.

You know someone who made $200 million trading last year and is running a website trading service? Care to point out who that is?

limitupmike · Sep 18, 2009

lol.. anyone making 200 million a year trading is not running a trading service!..lol.... except for me!

TraderZones · Sep 18, 2009

Quote from legend4life:

To add an important point in order to not disappoint those looking to be spoon fed, YOU WILL NOT get trade calls from www.DUFUS.com . He will not call out his entry/exit before he takes it.

It is an education site only, he TEACHES you how to do that on your own. Which in my opinion, is MUCH more valuable than a trade call service.

Depending and relying on someone else to make you profit and putting your money at risk based on their opinion, is stupid. The whole âGive a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetimeâ makes a lot of sense to me. But, to each their own.

Now you are sounding like a shill. If you mention a site due to the topic, then do so. But stop being a spammer, glorifying the goodwill of an unknown website that you heartily endorse.

In other words, the more you say and mention this website, the less credible you are. And if you continue, I will request the moderators to lock your account.

legend4life · Sep 18, 2009

Quote from TraderZones:

Now you are sounding like a shill. If you mention a site due to the topic, then do so. But stop being a spammer, glorifying the goodwill of an unknown website that you heartily endorse.

In other words, the more you say and mention this website, the less credible you are. And if you continue, I will request the moderators to lock your account.

I'm not a shill or related to the website whatsoever, just trying to help others. But you sir, are ridiculous. First you blatantly slander a legit website as spam, ignorantly assuming so on price alone, without even looking at it. Then you call me spam for posting my opinion on trade call sites. The same type of opinions have been stated here repeatedly in this thread already by others.

However, your last two posts here have been the most useless and spam-like more than anything else, please contribute or stop posting. I have no more time to waste, so I'm done here. Best of luck to all.

TraderZones · Sep 18, 2009

Quote from legend4life:

I'm not a shill or related to the website whatsoever, just trying to help others. But you sir, are ridiculous. First you blatantly slander a legit website as spam, ignorantly assuming so on price alone, without even looking at it. Then you call me spam for posting my opinion on trade call sites. The same type of opinions have been stated here repeatedly in this thread already by others.

Now, reverse almost everything in this paragraph, and it will be a lot closer to the truth..

Goodbye. don't let the door hit you on the way out.

college_trad3r · Sep 18, 2009

Quote from FB123:

You know someone who made $200 million trading last year and is running a website trading service? Care to point out who that is?

The way to make money, is to sell how to make money. I know a few marketing blogs have been raking it high this year, some make at least $200k a month and it's presumably one guy running it all. That said, 200 million sounds too much if you don't already have 200 million. And if that is the case it doesn't matter to the small retail trader. I could care less if Buffet made 1 billion last year, because I know he made it with 40 billion+.

Quote from legend4life:

To add an important point in order to not disappoint those looking to be spoon fed, YOU WILL NOT get trade calls from www.eminiaddict.com . He will not call out his entry/exit before he takes it.

It is an education site only, he TEACHES you how to do that on your own. Which in my opinion, is MUCH more valuable than a trade call service.

Depending and relying on someone else to make you profit and putting your money at risk based on their opinion, is stupid. The whole âGive a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetimeâ makes a lot of sense to me. But, to each their own.

If you don't get trade calls how do you know he makes profitable calls like that 35 points swingtrade? An education type room is the best, you can "educate" without risk and not risk your own money at all. Trading is for losers!

puretruth · Sep 18, 2009

Quote from Brandonf:

I do agree with what you said that being in a live trading room is not the path to success for most people. The problem is that even if you find a good one, what happens if something happens to the moderator? Or he just decides (like I did) he isn't going to do it anymore? If your "system" is just to follow his trades, well, your pretty much screwed.

That all said, the best off the floor day traders I know average something between $500K and $2million per year. Now, maybe I'm just not hanging out with enough of them anymore, but I can name about 9 of those off the top of my head right now.

The most profitable trading website guys I personally know are banging down 9 figures +, I can name 6 of those, and I can name dozens making over $500K. I know one guy with a trading service who made nearly $200million last year with it, not very many big time hedge fund managers even come close to making that. So, the argument that if your edge is so good you would never sell it does not hold water.

Boy, do you sound as a fantast...

GiantDog · Sep 19, 2009

Quote from legend4life:

To add an important point in order to not disappoint those looking to be spoon fed, YOU WILL NOT get trade calls from www.eminiaddict.com . He will not call out his entry/exit before he takes it.

I went to this eminidrugaddict.com website out of curiosity and the damn thing reset my modem. I think the site has been hacked and maybe it is by this poster. BEWARE OF THIS SITE.

You have been warned.

joe4422 · Sep 19, 2009

I have had that same problem actually. I don't think it's malicious, but it's hosted on a free blogspot server I believe, so it can't properly handle traffic spikes, and it is very vunerable to hackers.

I don't believe the owner of the site had done anything intentionally, but my computer does act strange every time I go there. They've also got that free Jabbify on there, and that may also make it vunerable to hacking.

TraderZones · Sep 20, 2009

Quote from joe4422:

but it's hosted on a free blogspot server I believe,

That would kind of make one doubt all the above claims about how good and profitable it is if it depends on a freebie site...