Day trading is for suckers?

maybe he records 100s of trades in real time but only posts one of the them

 

yep that is what he may have done

 

I'm not fighting anyone. If I don't agree, I state my opinion as food for thought.

 

here is the deal...take everything from these youtube trader with a grain of salt. i don't believe anyone on youtube who claims they are successful in day/swing trading....unless i see him day trade with me breathing down his neck day in and day out...i don't care if he turned $500 into $1 million dollar.

 

Day trading is for suckers?

Tell that to Ren Tech.

 

soon there will be threads like :


Swing trading is for suckers
Hedging is for suckers
Heavy scalping is for suckers
Professional gambling is for suckers
Short term investing is for suckers
Long term investing is for suckers

go evaluate the various ways of trading, and choose the most appropriate one for yourself.

 

I watched a few of his videos. I can't say for sure 100%, but I think he's a real trader.

There's another but though.

From what I can gather, the bulk of his gains come from about 1 trade in 20. And he is significantly at risk on that 1 trade with size (5,000 shares or more as a retail trader). One would think that one of these days a whopper of a loss is going to happen. It seems like he's put up statements covering the last few months, which is commendable since it shows steady grind up + big wins. But it's the exposure to the big losses that leaves me wondering.

Hard to see how he do this long term without risking a major blow up.

But hey, would love to be proven wrong. He seems to be a great guy with a positive attitude and is generous in sharing his time and knowledge.

 

Day trading is day trading.

Suckers happen to day trade.

It happens to be that a lot of those that day trader are suckers.

But one cannot claim with full knowledge that day trading is suckers game.

We do not encompass all knowledge of strategies to make this claim.

If you only use inductive methods and day trade, you’re 100% a sucker.

Makes sense?

 

No need for me to to torture myself and watch the vid

This clown in a known, perennial CON MAN trolling for suckers .

He even got a few of those trader interview shows to pimp his nonsense.

100% Fraud

 

In fact, it's pretty much a given that any trader posting videos and selling anything is actually a con man


I call this guy a MUTT