Echotraders is a futures market trading group that specializes in helping day traders improve their trading performance. We focus mostly on CL, NG, 6E, ES, YM, GC, and JY instruments. If there is a demand we add other instruments to our charts. Many frustrated traders spend hundreds of dollars subscribing to other trading ideals and purchasing indicators that are advertised as promising them a leg up on predicting direction movements only to find themselves still losing more & more at the same time spending money for indicators that do not fulfill their expectations. A lot of so call proprietary indicators are nothing more than common indicators in a shinny new package.
Echotraders knows what it is like to suffer blown accounts and we are not in business to sell you products just to add income to our business. We have a service with the goal for you to improve your trading and be able to pass the knowledge on to those you care about the most so they too can benefit from what you have learned. We are unique from other trading groups in that our members have the option of having an open mic or if they prefer they can text their questions or comments. When a member needs support and mentoring we take the time in the room to help identify weaknesses and strengthen the area of their needs at no additional cost.
The trading room is open Monday through Friday from 8:00 am Est. time until late afternoon. We provide a moderator for the room from 9:00 to 11:00 AM eastern time and we keep the room open for you to view our charts until the end of the trading day.
Partners Dale Elliott and Earl Hibbard have over 30 years combined trading experience in stocks, options, and futures markets. The two have formed a unique partnership sharing and helping each other. This business concept has lead to helping other traders unite and overcome obstacles that all day traders face. Trading the futures market live daily, in the trading room our room moderator Dale Elliott, shares his expertise in applying fibonacci retracements & extensions to identify support and resistance levels and project price targets.
We do not call trades in the room. Every trader is unique, having different tolerance levels and different goals. Dale encourages traders to develop a trading plan and let Echotraders review it and help perfect it. A trading plan is YOUR roadmap that keeps you on track while trading. You will trade your money and plan, you have to “own” it in order to be a successful trader. We can help you along the road to improvement.