WinbornTraders
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Let's Share our experiences from all available Online Emini Futures Trading Rooms By Their Results,Accuracy,Transparency, Cost and Etc..
Winborn Traders
Winborn Traders
Let's Share our experiences from all available Online Emini Futures Trading Rooms By Their Results,Accuracy,Transparency, Cost and Etc..
Winborn Traders
Let's Share our experiences from all available Online Emini Futures Trading Rooms By Their Results,Accuracy,Transparency, Cost and Etc..
Winborn Traders
I don't get the point with those trading rooms and signal services. If you've found the golden trail why you just don't triple the amount of your contracts, so you don't have to worry about selling expensive subscription services.
brother liquidity isnt a problem on the emini, you could clip 500 contracts and no one would blink.
In the past, there's also been attempts to front run mug punters, which is another reason a vendor may wish to make live trade calls.
Let's start with Winborn Traders, they were exposed on Elitetrader a while back.
Forums - Real Time Trading Signal for ES E-Mini S&P 500 Futures Contract
To triple the risk, requires triple the account balance (which you may not actually have, or may not be comfortable doing)
To triple the risk, requires triple the account balance (which you may not actually have, or may not be comfortable doing)
If you only have limited starting capital, then realistically monthly expenses wont allow you to compound. The additional revenue from subscriptions would be useful. If you make 50K a year trading a small account, the opportunity to quadruple earnings with a small chat room must be quite apealing.
Although extremely unlikely, there may be liquidity issues that prevent you tripling contracts (although this isnt a valid argument if you are encouraging others to compete for the same liquidity !)
Some vendors claim to enjoy the interaction
Its not difficult to do (particularly signals) and there's a never ending supply of mug punters. These sorts of scams are actively promoted and encouraged by the industy (brokers, trading forums etc)
There are no barriers to entry, it requires no skill, and small start up capital, and the rewards can be reasonably lucrative.
There's a recent thread here at t2w where a couple of vendors try to justify why they sell their services, rather than trade larger size. It makes simply hillarious reading.
I really can't understand how he wasn't burned on this site from the moment he gave a very favourable review to Mr Spreadbetting, when anyone who wasn't an absolute noob should have been able to see through his crap in seconds.
Oh dear, and he wasnt the only one was he
:whistling
The Mr Spreadbetting fiasco might arguably have been the last lower low in the trend of t2w's steady decline, the last lower high, being the publication of the interview with options trader howard cohodas (which to my amazement has actually been reinstated after being deleted !)![]()
Interview with Index Option Credit Spread Trader - Howard Cohodas
I have few regrets in life, but how I wish I'd taken a screen shot of Davie Robertsons post when he finally revealed the truth regarding those events. Sadly, that classic comedy gold was deleted far too quickly.
On another note, I joined an emini trading room once (one of the 4 purchases I ever made from a vendor, it cost 19.99 for an ebook and ifetime memberhip to the room, the evil vendor has since increased his prices by a tenner). IIRC it was quite good.
I liked the way Davie rubbed his Amazon account balance in everyones face![]()
Those few posts where absolutely hillarious. I'm sure he's still here quietly hunting in this target rich environment, but he's sadly missed.
I thought this post was going to discuss good educational trading rooms, but haven't seen one recommendation. Did it get off topic? Anybody learn anything from some rooms? What about LBR group?
Thanks