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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.

PALTALK FOREX CHAT

Paltalk Plus Free TrialOn the other hand, Pal Talk Forex Chat rooms are really good.  There’s one chat room in particular called FOREX TRADER CHAT run by DOJI SAN.  I’ve been a member of a few Forex Chat Rooms on PalTalk and I must say there is quite a cross section of professional and beginner traders. There’s usually one or two “professionals” in there teaching you a thing or two about what is going on.

What I like most about this chat room is the fact that there is ALWAYS someone talking in there.  Usually 50+ people, 100+ during more active hours.  A few members take it upon themselves to constantly post useful news articles relating to currencies, governments, and other things that will affect Forex.  PalTalk is free up to a point, but it’s totally worth the membership.  I’ve gotten in at least 5 winning trades worth $1000+ thanks to the guys in the paltalk Forex chats so its 1000% worth it for me at least.

TOPGUN FOREX CHAT ROOM

TopGunSoftwareTopGun Software also offers both a free Forex Chat room and a paid “Mentor” class chat room which I do not belong to. The paid chat room is a daily mentoring class that lasts an hour and is administered by Leverage FX software creators who have a strong understanding of the Forex market coupled with the goods on a really cutting edge piece of Forex Software. I can’t recommend either completely though, since I have not spent the $600 to sign up for mentoring, and only have been using the TopGun free chat room for about 4 weeks, and not too many people talk very often.When they do, it’s more reactionary, people talking about trades after they happen which is of no use to anyone except if you are trying to learn from them passively.  The traders in this chat room really know what they are talking about, but I have yet to get in a trade based on what they say.

CONCLUSION
I have yet to come across any purely “Professional” Forex Chat Rooms, so if you come across any, please share them in the comments below.

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Rating: 8.4/10 (21 votes cast)
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Rating: +3 (from 3 votes)
Live Forex Chat Rooms, 8.4 out of 10 based on 21 ratings

Comments

28 Responses to “Live Forex Chat Rooms”

  1. Live Forex Chat Rooms on January 29th, 2009 12:21 am
  2. » Live Forex Chat Rooms | Forex Review Blog » Free Forex Trading Signals on January 29th, 2009 12:35 am
  3. Forex » Live Forex Chat Rooms on January 29th, 2009 1:01 am
  4. » Live Forex Chat Rooms | Forex Review Blog » Free Forex Trading Systems on January 29th, 2009 2:01 am
  5. Live Forex Chat Rooms | Forex Review Blog on January 29th, 2009 2:08 am
  6. Anonymous on January 29th, 2009 2:38 pm

    The forex chat rooms on PalTalk really do work. And the guy who runs it is DJ DOJI not DOJI SAN. hehe

      

  7. MoForex on January 31st, 2009 11:56 am

    DJ DOJI!!! I remember now. Sorry for the error. Still a great chat room, really informative and profitable all things considered.

      

  8. Pat on February 5th, 2009 9:45 pm

    I never liked the Top Gun Forex Chat cuz no one calls out trades before they happen, it really hurts your bottom line.

      

  9. Tom on February 6th, 2009 9:53 pm

    How does not calling out a trade right at that moment hurt your bottom line? Trade for yourself buddy, and your bottom line will be just fine.

      

  10. U-Bet on February 11th, 2009 6:01 pm

    I haven’t found a single worth while forex chat room, one that they call out winning trades all the time, sometimes, but not consistently. I’d love to find one though!

      

  11. ForexPistol on February 15th, 2009 9:16 pm

    Ha ha ha.. it’s so enough? :)

      

  12. top forex reviews on March 7th, 2009 11:19 am

    how to use this sofware..maybe i will try to join..can u give a guide..heheh

      

  13. chandy on March 13th, 2009 10:43 am

    WOW. Full blown shouting match between Chris the creator of Topgun and Johneee in the Topgun Trading chat room, not sure what the gist is, but I’m recording it, so I will find out what happens later on. I think it had something to do with Johneee talking sh*t about the new FX Power Index tool.

      

  14. Forex Trader on June 1st, 2010 4:24 pm

    I’ve never found chatting on the Internet to help with trading.

      

  15. Free Videochat on June 4th, 2010 4:03 am

    Is there a way I can keep up with you on twitter?

      

  16. Luigi Fulk on September 6th, 2010 11:53 am

    I love FX

      

  17. Hipolito M. Wiseman on September 6th, 2010 12:29 pm

    Forex is great

      

  18. Tyson F. Gautreaux on September 6th, 2010 2:12 pm

    This can affect FX market

      

  19. Forex Software on September 10th, 2010 9:49 pm

    One thing to think about is that not everybody is going to like or accept us in existence even if we like them. The comment which has upset you sounds like she doesn’t like you and is just trying to upset you – I wouldn’t believe about it as criticism but just an insult. The other thing that comes to mind is that people say nasty points for all types of reasons and issues – maybe she is jealous of you, or doesn’t like herself, or sees you as a threat, or wants to be top dog – all kinds of motives and really it just doesn’t issue because who and what you are is your company and it’s essential that you simply like you.

      

  20. Saliva Drug Tests on September 11th, 2010 8:16 pm

    Obama is even worse than Carter.

      

  21. Someone on January 24th, 2011 9:36 pm

    There is no chat room or service that calls out winning trades every time.

    If you think so you’re a moron.

    Each trade is unique and each trader may enter, take profit or exit in their own fashion.

      

  22. SomeoneNew on January 24th, 2011 9:37 pm

    There is no chat room or service that calls out winning trades every time.

    If you think so you’re a moron.

    Each trade is unique and each trader may enter, take profit or exit in their own fashion.

      

  23. SomeoneNew on January 24th, 2011 9:39 pm

    This is just a lame advertisement for Paltalk which is not worth the money.
    Too much stupid nonhelpful chatter, AND textual chat is must better because you can easily review the text, learn from the writings, see charts and know who’s saying what.

    Voice chat is retarded for trades because too many idiots speaking and you can’t easily log what’s said.

      

  24. MoForex on March 8th, 2011 5:31 pm

    Honestly brother I did not want this to be a lame advertisement, I truly enjoy using that chat room back then. These days I go solo.

      

  25. MoForex on March 8th, 2011 5:33 pm

    I agree my friend, and personally I never expected there to be. Just like no fund manager or signal provider can be 100% winning without sticking to losing trades forever until they turn a profit; all with other peoples’ money.

      

  26. Brain on March 19th, 2011 10:21 am
  27. Brain on March 26th, 2011 11:34 am
  28. Jasim on May 7th, 2011 12:35 pm

    Hi,

    I have created a success EA with my programmer. If anybody wants to test my robot please sent the link of your plattform then I will send back the investor password after hosting my EA.

    My e-mail ID: jasimpa@inuxfx.com

      

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