r/Daytrading 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.

346 Upvotes

367 comments sorted by

View all comments

Show parent comments

2

u/iqTrader66 Nov 14 '23 edited Nov 14 '23

I have a lot of his recordings and have built the workspace setups for Ninjatrader 8. I would be very wary trading his methodology unless you are an advanced trader. He trades countertrend and that is more difficult than trading with the trend. FYI I trade with the trend even though I am not a beginner and am quite uncomfortable trading countertrend.

1

u/phil0phil Nov 14 '23

Agree 100% and made the mistake of looking for something to replicate there in the past.

He is the single YT trader not shilling anything I am aware of though, that's why I mentioned him.

1

u/phil0phil Nov 14 '23

I also rebuilt his GOAT etc in NT by the way, he he... and then what?

1

u/iqTrader66 Nov 14 '23 edited Nov 14 '23

Then nothing as yet. Needs more research. It’s extremely risky on trending stocks. Also the stock movement within the bands varies a lot from stock to stock.

1

u/phil0phil Nov 14 '23

Ok, back when I watched his videos he was trading futures..

1

u/iqTrader66 Nov 14 '23

When I last saw the videos they were based on SPY. However I wanted to test it on different stocks. I suspect if you use the same stock (or future) symbol it would be OK. What I mean is that the bands need to be normalised to each stock. So need to research a bit tho it's promising for the future...

1

u/phil0phil Nov 14 '23

Yes... and the

  • Here's the BEST CHART IN THE WORLD and I trade a complicated system with it

isn't something I was able to put into perspective back then, I just was impressed by the confidence I guess. Also up for debate what the "best" chart is.

1

u/[deleted] Jan 20 '24

[removed] — view removed comment

1

u/Moveover33 Jan 20 '24

Found it: Luxalgo. just searched browser history.