I've stumbled onto many young option traders showing their big daily/weekly profits on Twitter. They do show some big profits along with some strategies/memberships to their various other businesses along with lots of motivational advice and pics/videos of the fruits of their trading. I'm not subscribing to their services, but am just curious. Are these guys legit? Or they just basically gambling with options and selling courses? What's the consensus about these guys from professionals or this ET community?
What do you think? Making $$$ is as easy as subscribing to some youtube services - next appointment lambo dealership.
When I started trading in 1987, I found a YouTube of this guy that drove a lamborghini countach. He explained how he did options day in day out, and I only had to pay him $99 a month to also have his succes. I never looked back and I'm still trading his method. I own now several Gulfstreams and live around the world.
The general idea behind it all is legit, but the Skill to pull it off Consistently trade after trade after trade is not legit. Very, very, very few people have the skill to trade the future. That's why those clowns sell courses, subscriptions, and content....because those money streams are more consistent, and much less risky.
Did you perchance put in the wrong date? Youtube did not come into existence until 2005. History of Youtube https://en.wikipedia.org/wiki/History_of_YouTube Most of what we see on the Internet today did not exist in 1987.