About trading competitions: even at the "pro level", they're widely used to mislead the public about "who's likely to achieve what": for example, the NFA fined Larry Williams for not reporting to potential clients that, while his personal account in a promotional 1987 contest was very profitable (a gain of $900,000), his managed accounts for clients lost substantial funds (over $6,000,000) - that was held to constitute deceptive and unbalanced promotional material and disclosure statements. And in July 1988, the Larry Williams Financial Strategy Fund was launched, followed in March 1989 by the World Cup Championship Fund, managed by Larry Williams, Jake Bernstein and two others: the 1988 fund lost more than 50% of its clients’ equity in barely one year, and the 1989 fund also lost more than half of its original equity by May 1990. These are not obscure, isolated incidents: they’re actually fairly typical of the motivations of pro-competition performers, precisely because it's the ability to use competition results misleadingly in sales materials that often attracts "pro-players" to these horrible competitions.] -from another thread
Adam Khoo When he was 14 his dad sent him to a NLP seminar. He started with mobile dance studios made money and (then something else?) then got into trading and lost a lot of money, so he decided to learn trading and how to make it back. He has a series of videos. I think it could be a good place for a new trader Here it the list: Trade Like a Casino for Consistent Profi What it takes to be a Profitable trader Part 1 What it takes to be a Profitable trader Part 2 Identifying Support and Resistance Levels Technical Indicators for High Probability Trading 4 indicators for trading with trend : Psar, Force index (13), MACD (), Moving Averages 4 Oscillators for countertrend: Sto, Boll, Macd, Williams R% https://www.youtube.com/watch?v=q-fc_TQSL2g Trading Breakouts. Catch Stocks Before They Make Their Greatest Gains https://www.youtube.com/watch?v=JWlW6H1cnlU Trading with Fibonacci Levels Stock Trading Strategies https://www.youtube.com/watch?v=mVNOU9O5vkE Five Power Candlestick Patterns in Stock Trading Strategies https://www.youtube.com/watch?v=hoGkfzJeR6A https://www.youtube.com/watch?v=adOETTJoj_k Habits and Emotions of Winning Trader https://www.youtube.com/watch?v=siE2Xz8mpt4 How I Achieved Success with NL https://www.youtube.com/watch?v=pHh_vDtQxVg Take Charge of Your Mind & your Results https://www.youtube.com/watch?v=UKs6LvNVsho