which youtube "traders" are legit?

Discussion in 'Strategy Building' started by mute9003, Mar 14, 2022.

  1. Ivano

    Ivano

    I guess being skeptical is really good for a chart technician.I stick with my own research and setups, and get whatever recommendation through the filter of my mind and the tape
     
    #101     Mar 21, 2022
  2. newwurldmn

    newwurldmn

    for anyone - not just a chart technician.

    this industry is ripe with scammers and fraudsters, and people who genuinely think they know what they are doing but actually don’t. It’s a tough business to make money in.
     
    #102     Mar 21, 2022
    777, Nobert, Laissez Faire and 3 others like this.
  3. bookish

    bookish

    none
     
    #103     Mar 23, 2022
  4. This video " A Day in the Life of a Millennial Day Trader" by Humble Trader () has 5.9 MM views; half way through she goes to exercise in scant clothing to do does pole dancing with her friend and we see below:

    Picture1.png

    Yet an other marketing method yes? What is she actually selling with nearly 6 million views?
     
    #104     Mar 23, 2022
    Nobert likes this.
  5. newwurldmn

    newwurldmn

    this person has all sorts of insights:

    https://mobile.twitter.com/anyamertrade

    or maybe, thighsights
     
    #105     Mar 23, 2022
    mason macgregorson likes this.
  6. buckram

    buckram

    I haven’t come across any legit forex trader who is sharing valuable info on youtube. They all have fancy titles, which are obviously clickbait because when I watch the videos, I see fluff for the most part and very little knowledge that I can actually use to enhance my trading skills or place better trades.
     
    #106     Mar 24, 2022
  7. tomkat22

    tomkat22

    Yes and it's hard to tell whether they are withholding the details of their strategy because it is a profitable strategy or it is not a profitable strategy. I suspect it's usually the latter. Although sometimes when a trader does develop a profitable strategy they become rather tight-lipped about it.
     
    #107     Mar 24, 2022
  8. Looks like the Chicken Singapore guy finally quit. Left a leaving video... to be honest he does make some valid points about the youtube-guru industry.

     
    #108     Mar 28, 2022
    NoahA likes this.
  9. I don’t think any legit traders would be sitting in front of a camera all the time. They will be too busy with their trades and won’t waste their time fooling people around. Be careful about whom you choose to follow!
     
    #109     Mar 30, 2022
    tomas262, comagnum and KCalhoun like this.
  10. KCalhoun

    KCalhoun

    100% correct, great point. People posting frequent or daily YouTube videos are salesmen/marketers, not traders.
     
    #110     Mar 30, 2022