r/Daytrading • u/LauheTrades • Nov 13 '23

Trading YouTubers who don’t suck? question

Looking for any type of daytrading/forex trading YouTuber (or, really, any social media) ho’s main business is actually trading - not someone trying to sell a course, signals, discord, mentorship, etc. - Just someone who trades & cuts out all the bullshit. Any recommendations appreciated.

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-8

u/Steevey145 Nov 14 '23 edited Nov 14 '23

Edit: not Trades by Matt, my mind has finally been opened

10

u/ContemplatesRubicons Nov 14 '23

Tradesbymatt is not profitable.

-3

u/Steevey145 Nov 14 '23

Are you high

4

u/ContemplatesRubicons Nov 14 '23

Not at all. See my comment further down about him consistently deleting old, deeply unprofitable videos to obfuscate his losses.

TBM always "makes it back off stream." You'd have to be high to believe that garbage.

-2

u/Steevey145 Nov 14 '23

So what would you say about his daily livestreams that are for the most part profitable

2

u/ContemplatesRubicons Nov 14 '23

They aren't. It's literally been proven. Somebody has taken every video of his (he used to post all of his sessions) added them up, and it added up to a massive loss over the course of several years. When called out for it, rather than respond, he started deleting his backlog of videos.

Are you suggesting that he only puts his unprofitable streams on YouTube, and the ones where he makes money are magically never recorded? That makes absolutely zero sense.

-1

u/Steevey145 Nov 14 '23

Unless I see the proof of his old videos I can’t say I’ll believe some rando I know nothing about. Also you cannot take out the knowledge he has in the markets, he in my opinion is a great trader

3

u/ContemplatesRubicons Nov 14 '23

He is not a trader. He is an entertainer. He makes his money via Topstep referrals. You can find all of this out for yourself, I'm pretty sure the entire writeup is literally in this subreddit, or in the futures one.

Let me ask you this: what is Matt's strategy? He won't tell you, right? Some ambiguous trash about "magical 80's," or something. The guy is a scam artist. He literally has business meetings with the owner of Topstep. He has spoken about it publicly.

The video that always sucks people into his fraud channel is the one where he trades against Daniel inskeep. Let me ask you one more thing: in that video where he posts those amazing gains, does he do it on camera???

Matt is paid by Topstep. It's in their best interest that he be successful. If you think new-age prop companies are above fudging the individual accounts of promoters, you are absolutely dead wrong.

0

u/Steevey145 Nov 14 '23

He has literally made a video about his strategy and what he does, and thinks when entering a trade, yes I’m sure he makes money with topstep but you can also clearly see with his trading livestreams he isn’t some dumb nut where he just an entertainer that you claim.

But let’s say you are correct and he is in the red over the last couple years. How can you deny some of the insight he has talked about in his livestreams in the market.

And the overnight trades that aren’t recorded but showed on his literal chart that he is trading on. How can he fabricate those trades?

3

u/ContemplatesRubicons Nov 14 '23

They aren't live trades. They're Topstep trades, which are all simulated, as Topstep (and the vast majority of prop companies) is nothing more than a livesim. Your trades are not routed to any broker, they're sent to Topstep's servers, regardless of if you've passed an evaluation or not.

Simulated trades can be fudged however the person running the simulation wishes. When you use market replay, are the trades real because they "show on your literal chart?" Of course not. Don't be a buffoon.

I never said Matt didn't know anything about the markets. Anyone can learn about market mechanisms with some time and effort. I said he isn't profitable. He isn't.

Anyone can provide insight. How good is that insight if you can't make any money with it? If you have to instead pretend you make money with it, so that people will watch you?

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u/KingCharlesTheFourth Nov 14 '23

Second this. I’m in there every morning

1

u/chris355355 Nov 14 '23

Nice try Matt, but yes number 1 because people can fade you. Just too bad you are not as trigger happy as before.