Trading rooms are a staple of any good trading service. A trade room should inspire mentoring and learning. As a result, the Bullish Bears have worked on building three trade rooms that strive to mentor, teach and help new and seasoned traders alike. We like to think of our trading community as the "pay it forward" movement within the stock market.
Trading can be a lonely vocation. You're sitting in front of a computer for hours and watching charts for potential setups. Sometimes being alone in the quiet can feel overwhelming and drive you a little crazy. That's where trading rooms and having a community of support can make a huge difference in how you trade.
Have you ever been sitting at your trading station wishing you had someone to run a setup or a stock by? It doesn't matter how seasoned of a trader you are, sometimes you like having confirmation from someone else that you're seeing a potentially great setup.
That's when trading rooms can be quite a useful tool. Yes, even trade rooms can be a tool in your trading arsenal. However, it depends on your goals for trading. Here at the Bullish Bears trading service, we are all about teaching our community to become independent traders.
As a result, we don't advise joining a trade room that calls out entries and exits on trades. Instead, our trade rooms are designed to foster communication from like minded individuals. There are no questions too silly to ask in our trading rooms.
Everyone is a participant. You're not sitting in our trading rooms waiting for some "guru" to call out a trade to you. That's what separates us and makes us different. It's also something we're proud of. We are not a stock pumping service and we aren't looking for our members to pump up our brokerage accounts. We want to grow YOUR brokerage and not make us the focus.
Everyone was a new trader once, including us. So, we understand. As a result, we've developed a stock market trading service that espouses to be what we searched for when we started out. We strive to make everything about our service be a mentoring program designed to make you a great independent trader.
We have traders with many different trading styles. As a result, we have moderators that work at showing you strategies from stock trading, day trading options to penny stocks and everything in between.
In our rooms we do coaching, mentoring and charting in real time. Our trading live streams run for a couple hours each morning and stream right in our day trade room. When we're done however, the teaching continues as members help each other out throughout the day.
Our rooms are open 24/7 and we have people in there at all hours. That means even at 3 am, you're awake, you can head into our trading rooms and someone is probably going to be in there ready to help.
We've had a lot of great feedback from our community because we don't hold anything back. We're not going to tease you with only basic trading strategies and then price gouge you for lots of money to learn how to really trade. Instead, once the market opens, we're in our rooms teaching you everything you need to know to make you a successful trader. We also have a basic stock trading course, day trading course, and candlesticks patterns course for free on our website.
Our day trading chat room is where the action is each morning. Since we stream right in our room, we have not only the chat going but also a screen share of our charts.
We look at a lot of low float penny stocks as well as the smaller cap stocks. That means there is volatility and those moves can happen within seconds. These trades aren't for the faint of heart.
Another reason why a trading room can be a great tool in your arsenal as well as make you feel less alone. When those moves happen it can be shocking; especially as a new trader.
Don't worry though, we don't only look at small cap volatility. We also day trade options and look at the higher priced stocks. One of our live streamers Dan (and a Bullish Bear co-founder) streams his options trades 2-3 times a week.
That means you're getting a live look into what he's trading, how he's trading it and the psychology behind it. He's showing how you can grow a small account by day trading options. That means adhering to the PDT rule as well. Many of our community members don't have a lot of money.
This trading style is quite helpful in growing small accounts. You can even use the strategies used to learn stock trading because the same day trading strategies are used. As a result, you're getting a look at valuable information that you'd have to pay an arm and a leg for elsewhere.
Our swing trade chat room is another room full of diverse trading strategies that also focuses on stocks and options. However, these are longer term plays. Swing trading allows for different holding strategies.
It's also a way to bypass the PDT rule by holding overnight. We have people in the swing trading room discussing different long term plays as well as strategies. For example, options spreads, iron condors and naked calls and puts.
Each trader is responsible for the risk they want to take on in a swing trade. As a result, there is a lot of discussion regarding earnings, the Fed, market conditions and so on.
Some of these strategies are advanced so make sure you make a couple hundred practice trades before going live with them. That's the beauty of our swing trading room. There's no pressure. You can use the room to chat, bounce off trade ideas and paper trade.
Futures trading is a whole different animal when it comes to trading. However, it's a great strategy to make money. Our futures room is run by our admin Rose. She's spent hours perfecting strategies and methods to trade futures.
As a result, she streams several times per week and chats for hours each day. Entries and exits are mapped out in advance and alerts given. We are an anti-pumping community. That's why futures trading is different from stocks and why we love it. You can't pump futures.
You'll notice in our day trade room that we don't call out entries and exits. This is not only because we want you to be independent traders but also we don't want stock pumping. Hence the difference with the entries and exits in futures.
Futures trading has many benefits and why we're happy to offer this style of trading as part of our service. You can use candlesticks, patterns and technical analysis for futures just like you would stocks.
In fact, it's necessary to do so. That's another benefit to taking our stock market courses. You can use all the information learned through those courses in each and every trading room we offer.
Our trade alerts are quite different from other trading services. We don't call out buy and sell signals. However, support and resistance are mapped out and patterns are found. The alerts are levels to pay close attention to. They also match our watch lists for the following day.
You have access to a day trade watch list and a swing trade watch list along with alert levels. Discuss them in our trading rooms. Do the setups change once pre-market occurs? Sometimes they do so keep an eye on them for potential long and short plays.
One reason we don't use our alerts in the traditional sense is that they can trigger but instead move in the opposite direction. That's why we're adamant about you being in control of your trading destiny. If you bought based off a bullish alert trigger that immediately turned bearish, you could be taking losses.
Instead, when our alerts are used as they're intended, you're in control and you can choose to take the trade, stay out of it, or take a differing play. See why we love putting the control in your hands? You have many more potential profit plays. Our courses and trade rooms will help you to make smart trades but remember that it takes time to become comfortable as a trader. Don't try to rush the process!
A trading room can provide community you didn't know you needed. In fact, we've discovered that community can be just as great a stock training tool as anything in helping you trade. That's why we make sure there aren't any spammers, pumpers or trolls.
We want to provide a safe place for our members to have discussions and get questions answered in a kind, helpful way. Not only does our trading rooms fulfill this but so does our Facebook community.
Trading rooms, many of times, can make it seem like you have to be great traders in order to use them. We don't espouse that belief. Instead, we want you to take your time.
Use our trade rooms as part of the studying and learning process on your trading journey. You can watch and learn the processes, methods, and strategies of our trade room moderators, live streamers and other members. You'll have access to many different trading styles. As a result, you can take what you learn and practice. There's no rush to be the best trader or use real money.
Work at your own pace and taking trading seriously. Treat it like you would an education or a career. Invest in yourself and you'll see the benefits long term. Once you've become a successful trader, take the fruits of your labor and live the lifestyle of your choosing. We're here to help you...come and join us!
So much useful information! I look at it every day.Shirley C.