Home About Millennium Forum Guide to Services Trial Subscribe Member Login
Live chat by Boldchat

Stocks Trading Room
Futures Trading Room
Forex Trading Room
Options Trading Room
Chart Settings
Triple Access
Double Access
Stocks Trading Room
Futures Trading Room
Forex Trading Room
Options Trading Room
Market Commentary
Economic Calendar
Weekly MarketNews
Trader Tips
Market Alerts
Stocks Chat Room
Futures Chat Room
Forex Chat Room
Options Chat Room
Penny Stocks Chat Room Trading Rooms
Performance Tracking
Other Services
General Information
Stocks
Futures
Forex
Options
Penny's
FREE e-Book
Taking Day Trading
by Storm


Get into the basics on how to become a Professional Day Trader!

more info...







Utilizing a Day Trading Room

Utilizing a Day Trading Room

The key reason day traders utilize a day trading room is simple – team work. While two eyes work well in the normal world, more than two eyes work substantially better when dealing in the stock, futures and forex markets.

Sure, you feel you developed the ultimate trading strategy however; you still cannot watch everything, at all times throughout the trading day. There is news coming out constantly throughout each trading day and you need to realize that you cannot monitor everything, at every given minute of the trading session. That’s the purpose of utilizing a professional day trading room – for the professional team work atmosphere.

While in a professional day trading room, you are teamed up with a group of individuals, no matter how many, who are focused on the same thing – finding potentially profitable trades. A quality day trading room is not determined by the number of other day traders utilizing the service but rather, the quality of potential trades presented during any given trading session.

There are free day trading rooms out there with maybe a hundred or so day traders but, the question is, what type of profitable trades are you going to be presented with? It is useless to be a member of a day trading room with maybe a hundred or so day traders when a majority of the potential trades presented consist of *hype* because those trades are not going to get you anywhere and will definitely not make your wallet any fatter. Professional day traders steer clear of *hype* trades because those are the positions that another day trader is simply looking to get out of – and stick another day trader with.

So the question is, are you looking to make money making trades or are you trying to help out another day trader – even if it means a loss to you? You need to answer this question before you decide to join any day trading room.

Professional day trading rooms provide a variety of positions to trade, based on momentum and potential profits – team work. Usually, these professional day trading rooms are moderated by individuals who are not looking to trade but, are looking to present potentially profitable trades for other professional day traders in the day trading room.

You the day trader must determine what you are seriously looking for – companionship with a bunch of traders who are looking to *hype* stocks, futures contracts or forex contracts enough for the other traders to bail them out or… a professional day trading room which provides serious potentially profitable trades.

March 2011


Top of the page


   

Performance
Stocks Trading Room
Total for Year
Last Week
$0.00
$0.00
Futures Trading Room
Total for Year
Last Week
$0.00
$0.00
Forex Trading Room
Total for Year
Last Week
$0.00
$0.00
Options Trading Room
Total for Year
Last Week
$0.00
$0.00
empty
Total for Year
Last Week
$0.00
$0.00
News & Commentary

Forex Day Trading Room Performance for May 6, 2016

Futures Day Trading Room Performance for May 6, 2016

Forex Day Trading Room Performance for May 5, 2016

Futures Day Trading Room Performance for May 5, 2016

Stocks Day Trading Room Performance for May 5, 2016

Forex Day Trading Room Performance for May 4, 2016

Futures Day Trading Room Performance for May 4, 2016

Forex Day Trading Room Performance for May 3, 2016

Futures Day Trading Room Performance for May 3, 2016

Stocks Day Trading Room Performance for May 3, 2016


News & Commentary

Monthly Trading Lesson


RSS Feed...
subscribe by
clicking on above

Social Networks...
subscribe by
clicking Icons below