which youtube "traders" are legit?

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

  1. I trade micros on the CME/Globex exchange so I normally look for anything related to the futures market.
    Here is a search that should show a few of them:
    https://www.youtube.com/results?search_query=chat+with+traders+futures

    I forgot the exact episode, but I found a revelation to know how TA traders act on their signals. One of them traded the opposite of what a signal would tell him in order to go against most of the retail traders, he didn't care to tell everyone the trick :D
     
    #31     Mar 15, 2022
    Laissez Faire and Sprout like this.
  2. Sprout

    Sprout

    Yeah, lot's of novel insights. Although, having a overall methodology provides structure more than collecting a bunch of random tips.
     
    #32     Mar 15, 2022
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  3. Sprout

    Sprout

    You'll have to learn about market microstructure, none of it is exciting but does give the proper context to build a solid foundation.
     
    #33     Mar 15, 2022
  4. Thanks! Mostly interested in futures myself, but I keep an open mind. Let me know if you find out that episode.
     
    #34     Mar 15, 2022
  5. Did you quit your Hershey studies?
     
    #35     Mar 15, 2022
  6. GotherL

    GotherL

    You know their either paid pumpers or clueless traders trying to make a living off monetization when they promote stocks that grab a ton of attention on a frequent basis when it's clear these stocks have been downtrending for months. EG. AMC, NIO, SOFI, PLTR, DKNG etc.
     
    #36     Mar 15, 2022
    murray t turtle likes this.
  7. Buwahaha! Over a couple years ago I remember Youtube trying to promote their latest videos constantly to me. I remember every silly thumbnail of those two nit-wits was always some overly-exagerated 'shocker' look like someone took a fist-full of mortgage-bonds and rammed them right up their ass.

    Time to time I would (for fun) look at self-declared guru or mensa-verified guru scam channels like 'Raging Bull' etc just for laughs. Unfortunately (or fortunately) they got outed and in legal hot water for their scam and lies. Shocking isn't it???

    That said, I've come to the conclusion quickly that anyone who calls themselves a ForEx trader on YouTube or uses Meta-Trader-4 is basically a scam-artist or someone who's trying to 'fake it until you make it'.
     
    #37     Mar 15, 2022
    smallfil likes this.
  8. %%
    ACTUALLY that is much better than YouTube. Even though an Investors Business Daily ad chart on YouTube may help.
    Impossible to know what an elephant herd will do\ but like IBD founder noted ''you can always tell when an elephant gets in a bathtub.'' Elephant exits are impossible to hide also.
    Dont have to use charts ,which i prefer. My CPA did not even like charts he liked numbers on the stocks.
    Most men are visual\ so charts can help. NO way a herd of elephant can hide their tracks or feeding habits.:caution::caution: A big buck deer can hide its tracks by going into a stream.
     
    #38     Mar 15, 2022
    mac likes this.
  9. tomkat22

    tomkat22

    I like Humbled Trader. Not because she's a particularly good trader,she's just easy on the eyes. LOL
     
    #39     Mar 15, 2022
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  10. smallfil

    smallfil

    If the big boys (hedge funds, mutual funds, banks and brokers) are exiting a trade, they are not going to bother to hide it. Why would they? That is the exact time the legions of retail traders like the Wallstreet Bets and Reddit traders, pour huge chunks of their monies buying the extreme highs of that stock, just as the big boys are getting out and locking in their profits. Like taking candy from a baby. Pity the dumb retail traders. They are in over their heads without a clue to what is happening to them. And lose a good chunk of their monies, they will.
     
    #40     Mar 15, 2022
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