Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Matt takes more risk in his personal account than his funded account. I am not keeping score but he seems to be doing ok. He focuses on the nq. He's also a really nice person. He takes a lot of crap from the chat when in drawdown and keeps his cool for the most part. I give him a lot of credit for live streaming. I tend to trade awful when watching him so I don't watch often. (not because I am following his trades I just get distracted).
He helped me reconsider the combine path too which if anyone is considering but is skeptical.
I share this perspective. YouTube is the medium, not the message. On YouTube there's everything from quality to complete junk, just like TV, books, magazines, and all other mediums.
I share it as well. I've seen some good videos on any number of micro topics, from NT8 hacks to strategy walkthroughs to just simple screen recordings of a trading session. I personally find more direct value in these videos than in most books I've read in the field (specifically talking about things like charts, setting up automated strategies, and other visual explanations that don't carry over to book form very well).
The only extremely negative bit is when you see Facebook/YouTube ads targeting new traders, selling them crazy dreams - but that's not what many channels actually do.
The edge of retail traders is discretion/intuition, and that only can be trained with screen time, and specifically loosing a fair share of money. So it doesn't matter if someone vomits all his edge over you, you'll still have to put the screentime/money in.
It's funny tho that most traders on YouTube don't show live trades, is almost as if none are really making money by trading and all their income is by selling courses
Youtube is no different than other info source.
And it will ONLY be useful if you have specific questions/queries or at least have some vague ideas of your own about something..
"Folowing" someone is the worst thing possible. Won't even bother to explain why.
I think that trading is comparable to playing a music instrument. You can watch many courses but you need to practice. I played classic guitar in music academy for 10+ years..... you basically get taught every technique in the first 3 years but the difference between someone who played 3 years and someone who has been playing for 10 years is incredible.
Also after 10 years you have a good level but it takes much much more to become proficient..... and in a music academy you play at least 6 hours per day, every single day.