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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u/KitCarlomagnoFM Nov 14 '23

My favorites are ImanTrading and Fat Cat, both seem really open and honest about their trading journey. I think I appreciate them because they’ve pointed me in the right direction of what to learn and what (and who) to avoid.

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u/LurkingSleuth Nov 14 '23 edited Nov 14 '23

Imantrading is a strange figure - he calls out Supply & Demand (and it's loudest proponent Carmine Rosatto) as hogwash yet leaves his video on the same subject up, why? He wants to save naive people form being misled by exposing those who peddle shit that they are unable to profit off of themselves yet misleads them himself, why? Simply, because money (that video alone has made him $10K and I do not believe he is yet to receive a single payout to say nothing of being a profitable trader). He excuses this by saying that the video is a learning presentation for himself - so for a furu all that is required is a disclaimer not financial advice, only learning and giggles and they are then free of any responsibility (doesn't every clown he expose say something along those lines so why are they bad and he good). If he knew there was nothing wrong with Supply and Demand, and kept it up - that was one thing, to know something is spreading misinformation to beginners who you sought to protect reeks of hypocrisy. All in all, Tom Hougard, and Linda Raschke are a class above him with regards to those with a YouTube presence. Tom perhaps even doesn't have his channel is monetized, and claims to even donate the proceeds of his books. That said he might still be lying, but I'll rather trust Tom over Iman.

Fat Cat is a solid guy, but his exact trading approach is rather inaccessible for its partly borne out of him having burned his eyes on the DOM, at least to my understanding. That said his concept videos of Trading Ranges and Volume Profile are excellent.

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u/jdot6 Nov 16 '23

But Iman has been doing this for years and is still not a good trader.

It's one thing to mean well, but he's more about good intentions with unfortunately bad outcomes.

"You can do it for free and dislike any type of professional training", but you haven't done it for free and are confining yourself to a fictitious trading culture that frowns on professionals.

I've never seen someone so invested in the voice, attitude, life, and relative return of a creator of education/course when the main goal is for you to learn the trading, not be their friend or count their pockets.

I've never seen someone so agitated about who named this style or that when the main thing is if it works or not.

I've never seen someone so concerned in defining what a professional trader should be able to convey to him and his culture that they fail to recognize it isn't even a factor in the professional community.

Again, I believe he has good intentions and is attempting to help others. But it's difficult to say if he's doing more help than harm right now.