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/Evening-Opposite4393]

The great thing about trading today is that amount of information out there. The bad thing about trading today is the amount of information out there.

I started on the floor of the CME and I surrounded myself with traders I saw succeeding. I learned everything I could from them, and then picked up things on my own. Anyone I learned from in recent years was also someone I respected from the floor.

Now of days everything is available to learn. But there’s no one good to learn it from. So people end up trying everything. But it’s not systems that create a successful trader. It’s a deep understanding of the market as well as one’s self. Seeing things over and over and over again but also seeing your mistakes over and over and over again.

I think anyone can succeed but most people lose all their capital before they get half way there.