I am fairly new to FX. Have developed a set of trade rules, tested in Sim, working ok and starting off with just a small part of my account and trading micros until I get used to everything ‘live’.
I would love to get some coaching/mentoring as I start though in the form of a live, moderated ‘trading room’.
[B]Does anyone know of a legitimate and successful trading room that I could try please? [/B]
I’m in Australia which may make it more difficult finding suitable time zones etc.
Dean Malone runs a trading room online every morning 7 - 10 ET. He is an excellent trader and an even better teacher. I highly recommend. He gives you some unusual insights into the fundamentals that are driving the market. Caveats - He does trade the 15M charts and you have to be a CompassFX customer and it costs $99 USD. For Australia, the Euro session with Blaine may be more appealing, however Blaine is a level below Dean.
We have a chat room set up, its mostly new traders. we also have a link there for a whiteboard room where we can share real time charts with some voice capability. Its all free and mostly BP members. Its not exactly what you are looking for but its a good place to bounce around ideas and few of the traders are quite good. Its got the biggest crowd around the London session.
The link to this trading room no longer works. Does this trading room still exist at a different address? I am about to begin demo trading and want to look over the shoulder of an experienced trader. I am looking to swing trade off of daily charts as I have a 9 to 5 gig for my main income. Thanks for any information you can provide.
Petefader has a trading room, which is active on a daily level. Contact him on Skype if you want to join, thought you have to know, we trade volume spread analysis only.