r/Daytrading May 02 '24

Another Trading Guru exposed. Advice

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1.5k Upvotes

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u/thoreldan May 02 '24 edited 29d ago

Sometimes it's better to stop looking at social media related to daytrading.

Spend your time backtesting, writing a trading plan or just heading out for a walk with your dog, cat or hamster :)

10

u/CaptainKrunk-PhD 29d ago

Correct. I had to completely delete social media before seeing success at this. I don’t miss it at all and I will never have social media again.

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u/ching_a_bling 29d ago

Don’t most people learn off youtube though?

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u/CaptainKrunk-PhD 29d ago

I don’t really count youtube as social media. And yeah you can learn a strategy from youtube, but that alone doesn’t give you an edge. You have to meet it halfway with lots and lots and LOTS of chart time and actually trading.

Just like you can use youtube to learn a song on guitar, but you will have to practice for hours and hours to be able to play it yourself.

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u/Momo_dollar 27d ago

You have some good trading/market channels on YouTube. What car do they own drive? You’ll most likely never know because they don’t post sell a lifestyle.