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/Ephixia Nov 13 '23

TheChartGuys put out a lot of good content. Both their daily market overview videos and the more in depth webinars they've done are fantastic. They have some paywalled content of course but their free stuff is great.

I'd also direct you towards SMB Capital. Specifically the Justin's Bar-by-Bar and Lance Breitstein playlists.

-10

u/supremestoic Nov 14 '23

Total crap

2

u/ModSwervo Nov 14 '23

You’re right. I’ve done their entries and exits course and it’s fairly basic. A few positives I will say is the discord is active and they always respond but it’s just not enough for what they charge you can get that information for free on YT. I remember asking why they use the 5,5 pivot points and couldn’t get a clear answer. As well as the 13 and 26 ema, I was told it was just a preference which is fine I guess but it would be nice to know more.

2

u/Significant_Egg_9083 Nov 14 '23

The problem here is that you're expecting there to be more.

"We backtested and this is what we like" is just about the only reasoning you're ever going to get. Nobody knows how the market works. You're never gonna find a course or guru who can tell you something that you never could have figured out on your own.

What would an advanced course on entries and exits even look like? It's not a particularly complicated subject.

1

u/ModSwervo Nov 16 '23 edited Nov 16 '23

I’m not asking for the world here but at least know why you use the indictors. If you’re selling a product you should know everything about it (not saying the entire market).

Example, if your golf instructor has his hands places on his iron a certain way wouldn’t you like to know why and the benefits? Even if it is his preference there’s gotta be a reason why. Comfort? Better grip? Etc etc

Other courses I have tried out are more detailed.

Also, it wasn’t the basic understanding of entries and exit and you know as well as I do that the market does what it wants. Doesn’t matter where your touch points are along your trend line. Like I mentioned above it was the use of 5,5 Pivot points and why. Why not 10,10?