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Live Forex Chat Rooms

January 28, 2009

Another great yet often overlooked tool to employ while trading forex is undoubtedly a Live Forex Chat Room where traders of all levels can come and talk.  This article I will describe some of the Forex chat rooms I’ve belonged to over the past few years.

First I’ll briefly discuss Chat rooms that I don’t think are worth your time. ForexTradingChat.com used to be a pretty populated forex chat room, but now it’s quite dead.  Nice domain but it seems like the other chat rooms I will discuss might be a better choice if you want to actually learn something.  Also, any chat room you have to pay for (besides a chat service like paltalk that charges for the software), you ought to avoid because it just does not make sense to charge people for access to a chat room with no guarantee of anything, rather, a warning there is no guarantee.  I remember Forex King signals and about 6 different “proxies” of that site which charged $900+ per month for access to a chat room where a guy would call off signals.  Who is this guy?  Why is this so much money?  Who has that kind of money laying around??? It’s just ludicrous.  I will enumerate a few chat rooms I belong to and know can help that won’t leave you broke before you begin.

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