Fast Money TradersReviews of fastmoneytraders.com

My negative review is now taken down, and Mr. Luke has his cronnies flooding the site with pumped up reviews. He is dishonest and bully. Purchase at your own risk.

My trading experience has been roughly 5 years. Not a very long time, but long enough to get a great understanding on a profitable trading style, thanks to Luke. If you are a day trader, do yourself a favor and learn from the best! Before I joined Fast Money Traders, I found my way into a "popular" chat by someone who "had all the answers". Long story short, I rarely was able to come out on the right side of the trade. After losing close to all of my account, I found Luke's chat and decided to try it out. It was the best trading decision I ever made! Since joining his room, I have learned how to manage my risk, avoid overtrading, and stay away from the trades that will make you pull your hair out. - Patience was my biggest downfall initially, but by watching Luke's trading style, I was able to curb that. If you join his room you'll learn a lot, but you got to understand that it doesn't happen overnight. - Discipline: No one will display more discipline with day trading than Luke. Fast Money Traders are disciplined to not take trades that are overly risky, but when the time comes to make that trade, we're fast, and we make money! You'll also get to see the discipline in not giving that money back once you have made it. - Consistency: You'll learn that taking base hits when day trading is a style that truly works, and in the long run is very, very consistent. I'm now trading full time, and loving each day quite a bit more than my life in the corporate rat race I was in prior to that. By joining Luke's team you'll gain much more than you'll lose! It's changed my life!

I have been in many chat rooms. All have had good qualities but this chat, without a doubt, is the best I have ever been in over the last dozen years. 1) Professional: The chat has a focus on respect. No cursing allowed. This may sound like no big deal but when you see what Reddit/Atlas/et al have going on in their chats; it's hard to follow. This chat isn't like a high school commons room. 2) Discipline: Sometimes the best trade is no trade at all and sometimes a trade is missed using hindsight as your template. Reading the news, filings and doing research is essential. With a 9+ out of 10 win ratio, it's hard to argue with the success. 3) Goals: The idea of having a daily goal is brilliant. I have never seen that in other chats, until recently (Imitation is the sincerest form of flattery). The daily goal works very well in the long run. Reaching the daily goal doesn't mean you stop trading, you can if you wish, but it does mean you trade more defensively to protect those earnings, it's your hard earned coin! 4) Ideas: Many folks in chat throw out ideas which is helpful in looking into trades. 5) Specialties: There are people in chat that are experts in certain fields with a lot...A LOT of knowledge that not only can make you money but save you money as well. Remember, sometimes the best trade you make is the one you don't take. The thing to remember is Luke trades with real cash money just like you and me. And day trading is fast...can be VERY fast. sometimes so fast the trade from Luke cannot be communicated...remember he is trading too! I have never found/been in a better room for the reasons I listed above but also the transparency. You don't get that in most rooms. Quite frankly I have no issue recommending this room to the new trader, the part time trader or you Wolves of Wall Street traders...heck, even Zack Morris from Saved By The Bell would do well in the room!

Lukes an absolute pro. highly disciplined sound decision maker great value. People who don't appreciate his value haven't lost enough money trading yet to realize how rare his skills are. -Ed

It's all about making reasonable goals based on account size and not overtrading. Great room to make money and not overtrade!