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Non-Tech : Real Time Day Trading Chat Rooms

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To: al who wrote (46)	2/17/1999 6:27:00 PM
From: al	of 60

Took a one week trial in the undergroundtrader.com in their #tradingpit they have nice setup very private , separate server you use mirc to be in that chat room or java applett i used mirc great room for total newbies ... they have teaching sessions every day from 12 to 2pm their trades calls are the usual channel plays not because they try to do it on purpose , only because if there are 100 or more people trying to buy the same stock at once it goes up a little , alot or not really at all . . . depending on the stock some calls are really profitable and may bring in a point or more good loss management and a fast broker are a must to trade channel plays looks like most plays in the channel are TA based , didn't see any news calls most stocks are good daily volume so everyone has a chance to get in on time and still make a profit , and out with at least minimal losses if it starts to fall since i monitor #daytraders i saw a few times stock that had a run in daytraders would be picked up and ran a bit further up because it is seen as a breakout i would recommend total newbies to take a trial and see if they would like to stay and pay i didn't see any hype , nor pump and dump in this place they teach you the know how of daytrading using level 2 overall i liked it i rate it as recommended for total newbies and for those who want learn more about level 2 usage or to see/learn yet another way to skin a cat

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