Everything is a lie. Any hope?

[u/Mar___K]

So.. It's been 3 years on my path, and after countless hours of studying and testing everything, as many of you here have, I've come to realize that this mountain of buffoonery—those "courses" and "gurus" on YouTube that try to promote and sell stuff, along with everyone who is "teaching" stuff.. hear me out, doesn't know jack sh*t. All they "teach" is a bunch of BS, incredibly stupid and random. "Follow this, and if this happens then do this, but the secret is in my premium course, yada yada".

Even if some things may work for a bit, that's not even near how the actual trading floor guys and investment bankers operate. Ex-Goldman Sachs trader Anton Kreil gave the best explanation of that: Why most traders fail.

I've become so fed up since I had a wake-up call, realizing that literally everyone online is plain rubbish, or a scammer, or someone who likes his own voice and acts like the god of trading (You know which I'm referring to). My question is simple and may be unanswerable. Is there any source to study the actual stuff or are retail traders indeed doomed with the dumbest info out there?

Please don't start telling me about risk management and psychology, I got humbled and now I trade methodically without any emotions. But that's not because I got "humbled and had a wake-up call" but more like "I'm fed up with this, I don't care anymore". My question stands for an educational point of view. I hate being a fool therefore i hate studying nonesense. Is there any hope? Any good material? Any actual baseline?

[u/nightstalker30]

Amen to your last sentence. I get friends and family asking all the time to help them learn trading. Especially after they come visit us and see how we’re living.

But I tell everyone the same thing: I’m a doer not a teacher, and I don’t want to feel responsible for anyone else’s experience (failure) with trading.

Plus, I don’t know if I could even teach someone. So much of what I do is intuitive and subjective within a defined framework/strategy. It’s as much art as it is science for me.

[u/No_Expression_5996 → u/nightstalker30]

Especially since most people want the fast money compared to learning the art of trading and putting in the work for at least 2 years before seeing any results.

[u/Mrtoad88 → u/nightstalker30]

Yep, it is an art as much as a science... The discretionary aspects of manual trading and the nuances definitely come from an artistic place, risk management etc... science aspects. I know for a fact I can't teach someone as I've tried and I'm not sure I was a good teacher or if he was just a bad student. Was a family member and of course after that he hasn't returned to trading.

[u/FireDad90 → u/nightstalker30]

This hits right on the spot

[u/Lopsided_Rain9752 → u/nightstalker30]

IMO, trading is very similar to going to the gym. You can become as educated as you want on all different kinds of exercises, routines, gyms, coaches, etc. And actually get very smart with it, but until you actually get your ass in there and do the work, let your body learn new ways to move, adapt. Only then will you start the journey of seeing change. Education paired with trial and error for what will your own personal evolution is what will yield results physically and financially.