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GrokStar Chatroom

freeonlinetradinged..
Category: Websites
A moderated ego-free trading chatroom for day traders. This morning hours chatroom delivers a healthy high-energy environment where day traders can trade, learn, and forge trading friends from all around the globe. This helpful and friendly chatroom will quickly feel like “home.”
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Grokstar Chat - Great!
Real time, audio calls on liquid stocks that anyone can trade! No low float, penny stock crap. No attitude, no front running (how can you front aapl?). Good risk mgmt-most losses 1% or less. Several 5%-7% wins a couple times a week. Even saw a 30% called day trade (parabolic). Very consistent trader as moderator. I am very happy here

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Scottyflintstone Chico, Ca

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A Great Place to Learn and Trade
The GrokStar chatroom is hosted by Mark “Meerkat” Suffron, an extraordinary day-trader who regularly captures 10% returns on risk, per day, on the trades he calls out in the room, and who frequently breaks 20%. I even witnessed a more than 50% day for him several months ago. In the last year since I have been following the room, he has never been negative. When you consider that Mark is achieving these results while instant messaging his calls, answering members’ queries, and complying with SEC requirements that regulate such rooms, his results are rather amazing. In my opinion, the opportunity to learn from Mark on a daily basis is worth more than the monthly price of joining the room.

I have been a member now for almost a year. Since August, I have trading alongside Mark on an almost daily basis—first with a simulated account and, since November, with real money. I am a graduate of Grok’s training program: the 101 and 201 video series, along with the live intermediate and advanced training webinars. I also hold a PhD in the field of history (University of Pennsylvania, 2007). I have been extremely impressed with my experience with Grok Trade and highly recommend them to anyone serious about making trading a business. I can say that of the GrokStar chatroom, also, with which I have become intimately familiar.

Like everything in life, and in trading, the room has pros and cons. A trader, particularly a beginning trader, should be aware of these going in. First, the markets typically move with such speed and Mark has such a nuanced awareness of how they move, that a beginning trader should not expect to jump into the Chatroom and start pulling the same percentages, or even half, that Mark does. In fact, many beginning traders entering the room, myself included, should not be too surprised (or upset) if they find themselves negative at the end of the day, when Mark is up. This is particularly true on days that are choppy rather than trending. Mark has an ability to pull significant returns out of the kind of chop that should leave beginning traders sitting on their hands.

It requires experience to successfully trade alongside Mark. It is not so easy as simply going short or long when Mark calls it and then jumping out when he jumps out. The most successful members of the room have developed the skill to see the call coming ahead of time. Beginning traders should realize they will frequently miss a call and be tempted to chase the trade, or will jump the gun and get in too early, or they will fail to exit quickly enough when Mark does, etc. For this reason, Mark recommends taking at least 2 weeks trading paper money to get comfortable with the room and then to start with small lot sizes, and build from there.

One thing about the room that Grok Trade will hopefully improve with the Chatroom through technology is the lead time with which the postings of Mark’s calls occur, so that traders can act on them--perhaps through dictation software, an audio feed, or the like. Basically, Mark has to see a trade forming, then type it into the chatroom. Then, you have to read it, make a split-second decision, and enter the order on your own platform in time to get filled. In a quickly-moving market, the opportunity to enter may have passed by the time all this occurs. The same is true for exiting.

This is all the more reason that a trader has to have developed experience and comfortability with the chatroom, and needs to show up early each day to analyze the markets and the top gainers and losers, before the market opens.

I view trading alongside Mark as similar to a younger athlete competing alongside a seasoned professional and being coached by him. An athlete who lacks skill will stumble trying to follow the pro. But, an athlete with the discipline to do what it takes to develop those skills will find an amazing opportunity to become a great trader. As part of this, Mark offers the opportunity for members to ask questions at the end of each trading day. It has been these Q&A sessions that have resulted in some of my most significant improvement as a day-trader.

This review would not be complete without a final word about the members of the chatroom. The Investimonials blurb describes the GrokStar room as “ego-free.” It is truly that. Members are friendly and look out for each other during the trading day and there is a strong spirit of camaraderie. Posts are professional and upbeat and don’t clutter the room. It is a great place to trade.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Value



Page:   1
Displaying 1-2 of 2 Total Reviews
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