I have a beef with many of these rooms. There may be a few that would meet my standards of integrity, but I am not going to name them here. That’s not the point of this article, anyway.What’s sad and also telling, I am afraid, is that my standards are not so high 마곡노래방 . I would call them reasonable, but not high. Such standards should be a commonplace, but they are not.
Let me name three basic problems, three main bones of contention I have with the online e-mini futures day trading rooms, to be specific, and to show you that I am really not expecting that much from these trading rooms. Still, even my basic expectations are routinely not met.
The trading results have to be tracked and documented. Many trading platforms allow for that. NinjaTrader that many trading room operators use, is one of such platforms. You can also simply take screenshots of all your trades listed by your platform on a given day if your trading platform does not allow to track them over a longer period of time. Still, I believe it is good to show a trading record for each day separately.
Even though that seems like an easy thing to do, many of the trading room operators refuse to provide a proper track record (as recorded by the trading platforms) and instead produce their own list of trades with results that cannot be confirmed in any way. This is definitely not a right way to go about it and may suggest that a creative accounting is taking place or room is left for it just in case. In short, this cannot be trusted.
There is nothing wrong with simulated trades. They do not invalidate the trading room’s approach just as the actual trades do not guarantee that every member of it will make money even if the room operator manages to do so. There are other circumstances that determine how well you will actually do following the room’s calls and it’s important to keep them in mind. They should also be spelled out for every potential room participant prior to their signing up for it.