Windows 7: livestream recording in sound recorder

hi to all and everyone
i'm currently trying to find a way to add the stereo mixer into my recording panel. i've got all my otions showing which includes all disabled/disconnected option on my recording panel. i'm actually trying to record some live music in paltalk. the only way it's been possible so far is to record my speakers via the cam mic or alternative mics. this picks up lots of backround noice and requires you to quiet as a mouse while you doin it, so if anyone has any clever ideas plz hand them on because i'm running out of hairs to pull and all the wooden splinters in my fingertips make typing very painful cheers in advance
laszlo

G'day cobber, try using Audacity Portable, it works automatically without changing PC Sound settings.

dear roadrunner
thanks for the tip. someone just put me on a little freeware called freecorder seems to work fine too but will record all your system sounds if you forget to disable them. also if you turn down volume in browser window will drop down volume in recording. however if you adjust volume in speaker icon seem to not effect recording in anyway.
thanks again will try that audacity as well actually think i got it in here somewhere lol
got cakewalk music creator 5 on here too but was unable to record any more then a flatline with it. cheers again
laszlo

Another satisfied customer, good luck.