Check out Adam H Grimes. As a newer trader myself I can't say how well his ideas are vs others but he's got a lot of great material. He does t have a YouTube channel but has a a free course filled with video lessons covering from basic chart reading, psychology. Back testing and data analysis. His style is more swing trading but he did day trade for quite awhile. I personally took a lot from the half the course I've completed. Especially his take on randomness and trying to distinguish patterns from random noise in the market. And his humble approach to trading. Just search adam h grimes course.
Futures trader 71 Doesn't try to sell you anything but he does have a brokerage stage 5 trading. He trades auction market theory.
He's well knowledgeable. He has posted many useful trading videos along with in the past posting live trades in free chat rooms and on twitter. AMT (auction market theory) is strong interest by many traders but be careful not to get sucker into arguments and debates at forums (especially this forum) by many because its not an easy thing to comprehend for most newbie traders...it will seem complicated to most. Just be very careful, he's into the Emini ES futures trading instrument. Its one of the toughest trading instrument for a newbie trader to begin their trading with. Instead, find something else to trade and begin learning about trading because the fact is this...most newbie traders do not have enough trading experience nor have a complete trading plan to profitably trade the Emini ES futures. It really is a trading instrument for veteran retail traders and professional traders...along with being algo heaven for HFT firms. I met him online a long time ago prior to him becoming a reputable prop firm owner...he knew his stuff then too although not quite a newbie himself. I thing I like about his trading back then is his business approach to trading even before he became a prop firm owner. https://www.youtube.com/user/FuturesTrader71 https://twitter.com/FuturesTrader71 http://stocktwits.com/FuturesTrader71 Just keep learning and you're about 1 - 2 years away from any actual trading. That's ok and no rush because the markets will be here 1 - 2 years from now...plenty of time to learn that successful trading involves much more than just trade signals. If you're into stocks...you may want to review the old post and thread by Don Bright (an ET sponsor) here at the forum. He too is a prop shop owner that share a ton of education info at this forum that even a retail trader that's not prop can learn from. He died in August but all the archives of his posting here at ET still remains. I think his post archives @ http://www.elitetrader.com/et/index.php?search/2992899/ Don't misunderstand, I'm not promoting prop firm trading. It's that these two guys shared a lot of useful education info for free...stuff that easily spark other ideas of trade strategies that you can call your own. Most important, you'll quickly learn that trading is a ton of hard work.
Thanks for that info. I briefly looked at the site and liked it. Once in awhile hanging around ET pays off. Funny, but as usual the newbie who started the thread is MIA. Sigh. . .
I REALLY appreciate all the advice and information you guys provided in this thread....looks like I know what I'll be doing for quite some time!
I thought maybe you fell in love. Anyway I've been enjoying your thread, checking out some of the sites. That 71 was great but you'd have to have a grasp of market profile, like wrb-- said. I do and my head is still spinning. He's got lots of pretty things going on with the charts. But I believe he's sincere about giving back and teaching. I get the same vibe as I did with Mickey Hoffman, who taught floor traders in Chicago. I never get tired of learning something new here, unlike school.
Yes, I'll guess I'll have to focus on more basic concepts first and also understand what in the fuck is going on with the charts real-time before I can even go deeper... I'll probably start paying attention to a few lower cost stocks where HFTs and professional traders aren't mining profits as much. I should have somewhat of psychological edge there hopefully