Price Action Trading (no technical indicators)
Chat Room Moderator (wrbtrader)
wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htmChat Room Access Instructions:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=164&t=1862 Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
http://twitter.com/wrbtrader (24/7)
##TheStrategyLab is primarily designed for
you to use the chat room as a real-time
trade journal so that you can have a real time stamp archive of your trades or your market commentaries each trading day as you navigate from one trade to the next trade. Yet, we
highly recommend you use the free chat room
in combo with a professional trade journal software like tradebench.com, edgewonk.com, tradervue.com, tradingdiarypro.com, stocktickr.com, journalsqrd.com, tradingdiary.pro, mxprofit.com or trademetria.com because these professional trade journal software will do the
quantitative statistical analysis for you involving your trade performance so that you can determine on your own the strengths & weakness about your trading. Later, if you want to, you can then post your statistical analysis in your private thread for your eyes only in reviewing your trade results as you traverse from one trading day to the next trading day.
Further, the chat room is
not designed to be educational. The trade education, if you need it...occurs at the forum and not in the chat room. Simply, members using the chat room are
not there to teach you how to trade and you will
not see me discussing the reasons (strategies) behind my trades within ##TheStrategyLab chat room because those reasons (strategies) are only discussed with fee-base clients in a different chat room. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader.
Simply, don't join ##TheStrategyLab and then be silent. To be silent while using ##TheStrategyLab chat room implies you're not interested in any conversations that may be helpful to your trading. Thus, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.
Quote:
Note: Fee-base clients of TheStrategyLab.com are not required to post DOKs to gain access to ##TheStrategyLab chat room if/when they choose to use the chat room. Yet, if fee-base clients do log into ##TheStrategyLab chat room...they are not allowed to discuss any concepts from our fee-base strategies within ##TheStrategyLab chat room because they already have their own private chat room that's designated for real-time strategy discussions.
The most common trading instruments you'll see discussed in ##TheStrategyLab real-time chat room are Gold GC futures, Crude Oil CL futures, Emini ES futures, Emini RTY (TF) futures, Emini NQ futures, Emini YM futures, Eurex DAX futures, Forex EurUsd, Forex GbpUsd, QQQ, SPY, IWM, DIA and VIX. In addition, if you trade different trading instruments (e.g. stocks, treasury futures, Eurex BUND or other Forex price actions) we welcome traders of other trading instruments that are listed
@ http://www.thestrategylab.com/TradingInstruments.htmQuote:
##TheStrategyLab is not a signal calling chat room, we do not offer a signal calling service and we do not have the resources to manage ##TheStrategyLab as a signal calling chat room. Therefore, its impossible for you to follow (mimic/copy) my trades or the trades of any other member for the following reasons...
1) These are real trades or simulator trades (depending upon the trader posting the trades) and not signal calls. Thus, the trades you see posted in the chat room by different users are only posted
within 5 seconds of receiving their trade confirmation from the broker platform. Simply, there are
no guru traders in the chat room telling you when to buy or sell.
2) Our chat room requires
participation to maintain its usefulness. Therefore, you will
never see the real-time trades fast enough to mimic the trades from amongst commentaries by other members. Simply, you can't get similar like trade fills on the entries, exits and position size.
3) Some members do not want others trying to mimic their trades because they know that most traders that do mimic
without permission...usually aren't respectful and give nothing back in return to the chat room usefulness.
4) The chat room is designed to be your own personal trade journal of your market thoughts, questions and/or trades. Yet, if you join our chat room in an attempt to use it as a signal calling chat room...you'll be greatly disappointed and the chat room will be useless to you.
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Do not attempt to mimic the trades of any trader in ##TheStrategyLab chat room. If we suspect you've joined ##TheStrategyLab to try to use it as a signal calling chat room in an effort to piggy back (mimic or copy) someone's trades, you will be banned...no exceptions and no warnings.
Once again,
##TheStrategyLab is
free and designed to be
only a
trade journal for documentation purposes only so that members can have a real time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day. Simply, if you're attempting to
use ##TheStrategyLab as a
signal call chat room...you're using ##TheStrategyLab for the wrong reasons and the chat room is not suitable for you.
In addition, we welcome all traders with their own methods of price action or indicators via different trading styles that's trying to merge it with concepts from
WRB Analysis to help keep the chat room diversified...posting trades, price action analysis or market commentaries. Yet, if you're looking for education specifically involving trade methods of TheStrategyLab that we call
WRB Analysis...you must first download and learn our
WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718 prior to asking any questions about someone's trades, price action analysis or market commentaries.
Last of all, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or trade signals via concepts from our strategies in the
private chat rooms called
##VolatilityTradingTSL or
##WRB_Analysis and they're not allowed to do such in ##TheStrategyLab.
Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body/bar analysis)
Price Action Only Trading (no technical indicators)
@
http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
intradaystrategies@yahoo.com questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage
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