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 TheStrategyLab Reviews:
http://www.thestrategylab.com/thestrategylab-reviews.htm &
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
Twitter @
http://twitter.com/wrbtrader (24/7)
(click on image to view daily broker PnL statement) http://www.thestrategylab.com/tsl/forum/download/file.php?mode=view&id=5103 Archive chat log for image to the left
@ http://www.thestrategylab.com/033007FuturesTrades.htm##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 timestamp archive of your posted trades
or your market commentaries each trading day as you traverse from one trade to the next trade to go with your broker statements because broker statements do
not explain the
critical details of how you're trading from one trade to the next trade...the free chat room
will explain those critical details that will later provide you with critical feedback about your trading.
The free chat room has been available since
2002 and many members have used our free chat room to document their trades, price action comments and anything trading related to later add to their professional trade journal software. This is critical because it can not be accomplish in broker statements to explain each trade fill.
This is
not a signal calling trade alerts room (live trade room) regardless to the fact that members post their trades in real time as fast as possible after getting confirmation in their broker trade execution platform. Simply, there's
no guru trader to tell you what to trade, when to buy and when to sell. In fact, our free
chat room has
never been advertised as a live trade room and we ban traders for attempting to use our
chat room as a signal call trade alerts room (live trade room) for the purpose to mimic/copy/piggyback/replicate trades posted by any of our members. Review Rating
Quote:
We do not have a 4-5 star rating because we ban traders for trying to use our free chat room as a signal calling trade alert room and we require traders to post their own real time trades and/or real time WRB Analysis as a trade journal whenever they use our free chat room.
The live screen sharing meeting has been available since
2010 although we experimented with it between 2002 - 2010. Just like the chat room...the live screen sharing meeting is
not a signal call trade alerts room (live trade room) for the purpose to mimic/copy/piggyback trades posted by any of our members. In the live screen sharing meeting, members can see each other broker trade execution platform. The live screen sharing meeting is via a different software and has different (more in depth) qualification for access than the free chat room on IRC. Live screen sharing is
not a signal calling trade alert room and we
ban traders trying to use our live screen sharing meeting to mimic/copy/piggyback trades posted by another member. Review Rating
Guest visitors
or drive by curiosity seekers are
no longer allowed in both of our free services. The above free services are only for
verified users of WRB Analysis.
Simply, both the chat room and live screen sharing meeting have the exact same terms of use policy
@ http://www.thestrategylab.com/House-Rules.htm and violation of our TOU policy can also get you banned from our fee-base resources depending upon the reason why you were banned from the free resources.
Unfortunately, the sad truth is that naive traders, beginner traders and inexperience trades will try to mimic / copy / piggyback / replicate trades by any one that they believe is profitable so that they do not need to do the work regardless if its a chat room, trade room, twitter, stocktwits, tradingview, Yahoo live, discord, twitch
or some trader posting
text messages (signal calls) at a forum. They do this because they
do not care and often do such
without the knowledge of the trader if its not a trade alert room.
------------------
Note: Do
not post your broker statements in the free chat room. Instead, ask us to setup a private thread for you so that you can post your broker statements (simulator or real money), backtests or statistics from a professional trade journal software. Our free chat room in
combo with your broker statements and statistical analysis of your trading is a powerful tool to
self-help your own trading.
------------------
Image above in this message post represents what many users in the private chat room were able to see via
screen sharing...I took a quick screenshot while in
screen sharing with other members for marketing purposes, for my own private trade journal documentation (other two monitors not shown for security & privacy reasons) and for
verification that I traded on that specific trading day I posted real-time trades in the chat room for those that were
not in the chat room or
not allowed in the
screen sharing for whatever reason with others that were allowed.
I document my trading with images like this every trading day (several different times per day)
in combo with chat room logs of my trades, screenshots of trade fills window & audit trail window in my broker trade execution platform, daily brokerage statements along with the chart configuration of my correlation charts on my other monitors so that I know what my monitors looked like on a specific trading day because I use different templates in my chart configurations and my broker PnL statement screens depending upon market conditions involving changes in
volatility.
All of that provides me proper feedback about my trading day that I can not get from broker statements alone. It's a lot of work but I enjoy it and its my
trade journal.
Currently, to qualify for two way
screen sharing...a member must post real-time trades in the free chat room for a minimum of
two months...no exceptions. Also, the member must post DOKs for the WRB Analysis Free Study Guide, images of timestamp trade fills in their broker trade execution platfrom that correlate with the trades that the member posted in the free chat room, WRB Analysis explanations of some of the trades in the posted images, daily broker statements and quantitative statistical analysis of their trading in their
private thread. Further, use of VPNs and rented IP addresses
not allowed. Recording of screen sharing
not allowed unless
everyone in the
screen sharing agrees to the recording and those that violates this rule in my terms of use policy are
banned from the free chat room, forum and website.
Terms of Use (TOU) Policy
@ http://www.thestrategylab.com/House-Rules.htm Quote:
We have the above rules because its what we do ourselves and expect users of TheStrategyLab to do the same when they use our resources to self-help their own trading on the road to be an independent trader...part-time or full-time.
Further, we don't care if you're on simulator or trading with real money. Yet, do
not join our free chat room to troll members of ##TheStrategyLab free chat room
nor attempt to use the free chat room as a live trading room (signal calling alert service) because if you try to do such...we will
ban you due to the fact we do
not like lazy traders trying to use our free chat room as a signal calling alert service.
- TheStrategyLab Review----------------------
Most important reason for showing images of timestamp trade fills in broker trade execution platform or timestamp trades in broker statement of one particular trading day is to show traders they can
document their trades or analysis via their charts and trading platform for their own personal trade journals stored in their
private trade journal. The documentation gives them valuable feedback about what they were looking at on their nmonitors for any particular trading day...valuable information then just looking at profit/loss numbers in broker statements alone.
Regardless, 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.
As stated above and in the access instructions for the free chat room...this is
not a signal calling trade room
nor a live trading room alert service with a head trader telling its members what to trade, when to buy and when to sell in the market. Also, 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 free 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.
Quote:
We are just the
moderators of the free chat room to keep the peace between members especially when the trouble makers or trolls show up. We're well known to ban the trouble makers and trolls especially those that threaten to give us a "bad review" because we refuse to be a signal calling (live trading room) where they want to be told what to trade, when to buy & sell their trading instruments or we refuse to partner up with them for whatever reason. Some of these trolls are obvious after they were
banned for violating our
terms of use policy while they were using our free chat room...they then
retaliate for the ban via giving us bad reviews for services we do
not offer or they try to market our trade methods for financial gain at another website while trying to hide their identities as an affiliate of the website.
To be silent while using ##TheStrategyLab chat room...is an early indication you're trying to use our free chat room as a signal calling trade alerts room. Simply, you're logging in for the purpose to mimic/copy trades by our members instead of posting your own realtime trades. Further, it will imply that you're really not interested in any trading conversations by our members 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. Therefore, post your real-time trades or real-time market analysis to help document your trading day...we'll
moderate the free chat room to prevent others from bothering you when you use the free chat room the way it was designed to be used.
Yet, if you believe the free chat room is a distraction to your trading...do not log in. Yet, if you log in but you do not have the time to post your trades...post images of trade fills in your broker trade execution platform or broker statements in your
private thread at the forum when your trading day completes.
Quote:
Note: Fee-base clients that 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:
Once again, ##TheStrategyLab is not a signal calling chat room, ##TheStrategyLab is not a live trading room. We do not offer these services because we do not believe in their business model to help traders to succeed nor do we have the resources to provide such type of services. 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. Also, the real time trades you see posted in the chat room by different users are only posted
within 5 seconds after receiving their trade confirmation from the broker trade execution platform. Simply, there are
no guru traders in the chat room telling you what to trade, when to buy or when to sell.
We allow traders to use our free chat room to document & journal their trading so that they will have useful info to go along with their broker statements and quantitative statistical analysis...info they can not get from numbers (data) only.
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 trade room or live trading room alert service...you'll be greatly disappointed and the chat room will be useless to you due to the fact that we do not offer a signal calling trade alert service.
We are just
moderators to keep the peace between members in the free chat room just in case trouble makers and/or trolls show up to cause problems. That's why we have a bad reputation with problematic traders and trolls along with us often being threaten with
"bad reviews" because we
do not offer services that
"lazy traders" typically are looking for. We require you to document your real-time trades or document your real-time market analysis...anytime you use the free chat room.
Quote:
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 trade 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 trade 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: +1 224 307-4434
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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