Stocks & Commodities V. 24:3 (67, 71): Quick-Scans: by J. Gopalakrishnan

Stocks & Commodities V. 24:3 (67, 71): Quick-Scans: by J. Gopalakrishnan
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Stocks & Commodities V. 24:3 (67, 71): Quick-Scans: by J. Gopalakrishnan

Trading has long been known as a lonely profession. The image of a solitary trader sitting at home in front of a computer screen(s) watching the markets is not too far from the truth. Although many traders have accepted that, some nonetheless yearn to communicate with their fellow traders.

Traders International has addressed this need by giving traders access to its “alert room,” where you can actually watch a trader make live trades on the S&P e-mini contract. Franz Shoar, who has had 19 years’ experience in trading, trades the S&P e-mini contracts on an intraday basis, and if you drop in at Traders International’s alert room, you will get a good look at how he trades. Bear in mind that he uses a lot of indicators and unique trading signals that you have never heard of; nor will you know how to create these indicators or signals. All you can really do is play follow the leader. I have always been skeptical about this type of trading, but I thought I’d give it a chance.

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