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Day Trading Rooms
Day Trading Rooms


What are day trading rooms? They are online; subscription based trading chat rooms that are moderated by professionals who are focused on providing members inside the trading rooms with potential profitable trades or ‘calls’. These trading rooms can be for traders interested in day trading stocks, forex (currencies) and futures. Depending on which market you want to day trade, the trading room you participate in can vary by the hours of availability.
 
Subscribing members will log into a members area to access the specific trading room of their choice. Members will have the ability to chat with other members and moderators, via text chat, inside the trading room. When moderators post potential ‘calls’ via text chat in the room, members can decide whether to take a position, at their discretion. Members are able to see ‘open positions’ or current ‘calls’ that the moderators are working inside the trading rooms. Moderators may provide alerts to members inside the trading rooms to consider taking some profits, as the position is ‘running’, or moving in the direction long or short, per the call. This action is an effort to enable members to potentially turn profits, depending on the actual entry by the member. Moderators have no way to monitor positions taken by members thus; performance logged is by the ‘call’ in the trading room and not of an actual trade made. Moderators will post alerts to consider closing out an open position inside the day trading rooms when they feel a ‘call’ is done. When a consider exit is called, that particular ‘call’ is cleared out from the open positions and the position is closed out for performance purposes based on the final alert given which would be the maximum profit potential, for that call. Performance is based on best case scenario only and not meant to imply an actual trade was made on that call, while inside the trading room.
 
Trading success by a day trader while inside a trading room is based on their individual trading skills and trading strategy utilized.  A day trading room includes professional guidance provided for day traders of potentially profitable long or short positions under consideration.
 
A day trading room for stocks in the U.S. markets would be most useful during the time of operational hours for the New York Stock Exchange – Monday through Friday from 9:30 am until 4:00 pm Eastern Time. These rooms will generally be most active beginning at 8:00 am Eastern Time, during the pre-market trading session on Wall Street.  
 
While ‘calls’ or potential trades to consider taking are given in day trading rooms, traders should not ‘expect’ to duplicate performance logged since there will be seconds that lapse from the time a call is ‘spotted’ by the trading room moderator and the time the ‘call’ is posted in the trading room. The professional moderators in day trading rooms post ‘calls’ manually thus, the time lapse from the initial price posted and the price a member sees, will vary because the markets do not pause for anyone.  The key to success for potential day trading ‘calls’ given from a professional day trading room is entering a position, at the time the ‘call’ is made.
 
The purpose of a day trading room is to give participating members an ‘edge’ by having a professional provide tips on a potential long or short position in a particular stock, forex currency pair or futures symbol. Alerts are given when any particular position is being ‘watched’ to give members the opportunity to look at the potential symbol, for possible entry.  Again, due to the lapse of time in seconds, there is no need to try to duplicate a posted entry but try to follow the moderator when a ‘call’ is made. Consider entering a position for a ‘call’, at the time the ‘call’ is made.
 
While the moderators in the day trading rooms will post notices as the position is moving, each trader remains responsible for their individual trading strategy. Just like a day trader cannot duplicate performance from these calls, each trader must determine their point of exit as well. Day trading room moderators are a guide for day traders, they don’t trade each members trading account.
 
If you are interested in a forex day trading room, hours of operation can vary greatly and trading hours will depend on the actual currency market a day trader decides to trade.
Currency markets trading time is as follows:
New York session: 8:00am to 5:00 pm ET
Sydney session: 5:00 pm to 2:00am ET
London session: 3:00am to 12:00 noon ET
Tokyo session: 7:00 pm to 4:00am ET
 
There are Forex trading hours when two sessions overlap. Those overlapping are as follows:
New York and London Currency markets: 8:00am to 12:00 noon ET
Sydney / Tokyo Currency markets: 7:00 pm to 2:00 am ET
London / Tokyo Currency markets: 3:00am to 4:00am ET

July 2012


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News & Commentary

Forex Day Trading Room Performance for May 6, 2016

Futures Day Trading Room Performance for May 6, 2016

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Futures Day Trading Room Performance for May 4, 2016

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Stocks Day Trading Room Performance for May 3, 2016


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