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Firstly I have never even visited a trading room however thought it might be beneficial if I shared a view from somebody who used to work for trading rooms as a signal /systems developer whom I respect as a trader. His view is that Trading rooms are a good starting point to assist in your development as a trader if you are happy with the costs . However the drawbacks are that systems that are designed for Trading rooms generally are not the best systems because they are designed to be trading with a high frequency to keep the punters interested.Of course there are the other concerns such as promises of unrealistic returns BS marketing and possible Simulation trading masked as live trading . Personally I'm not interested in this approach because I can't stand BS and excess marketing tactics. I've already had enough of this in my trading journey to last a life time.
Firstly I have never even visited a trading room however thought it might be beneficial if I shared a view from somebody who used to work for trading rooms as a signal /systems developer whom I respect as a trader.
His view is that Trading rooms are a good starting point to assist in your development as a trader if you are happy with the costs .
However the drawbacks are that systems that are designed for Trading rooms generally are not the best systems because they are designed to be trading with a high frequency to keep the punters interested.
Of course there are the other concerns such as promises of unrealistic returns
BS marketing and possible Simulation trading masked as live trading .
Personally I'm not interested in this approach because I can't stand BS and excess marketing tactics. I've already had enough of this in my trading journey to last a life time.
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