Not all who teach on YouTube are making any profit in trading most of them are scams that is why I only look for those who do live trading rather than those who make content to teach you how to trade without any proof.
There is no perfect trader you must learn by yourself and monitor the price action of any coin you trade not all strategies that you can find on YouTube will work for you that is why you need to learn by yourself and the basic guides is essential in trading almost all content related to trading shows you the basic trading that's the thing you should apply on every trade.
There's no perfect trader who can predict what will happen in the future they are just predicting any possible opportunity based on previous price action.
Topic: The Illusion of Trading Success - page 7. (Read 1246 times)
Many are teachers only few are traders. They make their money from selling trading courses, teaching trading classes, creating trading contents for YouTube and other social media. They have their own trading podcasts and collaborate with people like them to talk about trading yet, they have never been successful at trading.
You'll see them on Instagram or WhatsApp posting many signals, doing adverts for their VIP exclusive signal groups. Their appearance of wealth has nothing to do with their profits from trading and trading performance but from their courses sold and YouTube ads.
You ask yourself why don't they stop all these bs and just go back to real trading and you will immediately answer yourself that trading is hard work. It is easier to make reliable income streams from acting like a trader than actually in active trading where the market is volatile. It is easier to build a personal brand and audience in the short term than it is for achieving trading profits.
I do not like these people because, to me they are scammers. I have never seen anyone who follow them that eventually became a successful trader.
You'll see them on Instagram or WhatsApp posting many signals, doing adverts for their VIP exclusive signal groups. Their appearance of wealth has nothing to do with their profits from trading and trading performance but from their courses sold and YouTube ads.
You ask yourself why don't they stop all these bs and just go back to real trading and you will immediately answer yourself that trading is hard work. It is easier to make reliable income streams from acting like a trader than actually in active trading where the market is volatile. It is easier to build a personal brand and audience in the short term than it is for achieving trading profits.
I do not like these people because, to me they are scammers. I have never seen anyone who follow them that eventually became a successful trader.
Most experiences and opinions leads to bad results, that's why these people had no successful trading career because of it. Scammers spying around has different techniques to get into their preys, so better be careful and always be vigilant on this anonymous individuals.
So called coaching gurus, really is aggressive to catch their victims offering huge profit without reality that exist.
Many are teachers only few are traders. They make their money from selling trading courses, teaching trading classes, creating trading contents for YouTube and other social media. They have their own trading podcasts and collaborate with people like them to talk about trading yet, they have never been successful at trading.
You have already nailed it bro with your first sentences. Many of these trading gurus aren't real traders but more of a commissioners from the courses that they're selling and also affiliates and earns a lot of money from their referrals to the exchanges that they're advertising.You might even see a very successful trader in the forum but just plays lowkey unlike these, they're known for what they are and that's why they're influencers, and that's it.
It's as simple as that, there's no successful trader in trading. You might get a profit today but you'll never know what will happen next.
In terms of money, many people are willing to deceive other people by offering their fake services since they know there's someone to believe them because they call themselves "influencer".
It's disheartening to see that still they fall prey to such schemes, with few, if any, achieving the financial independence and success they were promised.
Mentorship isn't wrong if you don't rely upon them, you should make your own decisions in trading and make them one of your references.
In terms of money, many people are willing to deceive other people by offering their fake services since they know there's someone to believe them because they call themselves "influencer".
But teaching about trading is not scam. But you have to let your student knows that trading is risky and that you are only teaching them the basics.
I consider it most likely, especially if they are misleading others with false promises or unrealistic expectations about trading success. It's disheartening to see that still they fall prey to such schemes, with few, if any, achieving the financial independence and success they were promised.
Mentorship isn't wrong if you don't rely upon them, you should make your own decisions in trading and make them one of your references.
Many are teachers only few are traders. They make their money from selling trading courses, teaching trading classes, creating trading contents for YouTube and other social media. They have their own trading podcasts and collaborate with people like them to talk about trading yet, they have never been successful at trading.
That is trading. It is easy to learn and teach but it is hard to make money with it. They have the knowledge to teach after they learn and they turn it into profit. But if you tell them to trade, do not be surprised if they lost. You'll see them on Instagram or WhatsApp posting many signals, doing adverts for their VIP exclusive signal groups. Their appearance of wealth has nothing to do with their profits from trading and trading performance but from their courses sold and YouTube ads.
I see this as scam. You ask yourself why don't they stop all these bs and just go back to real trading and you will immediately answer yourself that trading is hard work. It is easier to make reliable income streams from acting like a trader than actually in active trading where the market is volatile. It is easier to build a personal brand and audience in the short term than it is for achieving trading profits.
I can not agree more, you are very right about this.I do not like these people because, to me they are scammers. I have never seen anyone who follow them that eventually became a successful trader.
But teaching about trading is not scam. But you have to let your student knows that trading is risky and that you are only teaching them the basics. 
Many are teachers only few are traders. They make their money from selling trading courses, teaching trading classes, creating trading contents for YouTube and other social media. They have their own trading podcasts and collaborate with people like them to talk about trading yet, they have never been successful at trading.
You'll see them on Instagram or WhatsApp posting many signals, doing adverts for their VIP exclusive signal groups. Their appearance of wealth has nothing to do with their profits from trading and trading performance but from their courses sold and YouTube ads.
You ask yourself why don't they stop all these bs and just go back to real trading and you will immediately answer yourself that trading is hard work. It is easier to make reliable income streams from acting like a trader than actually in active trading where the market is volatile. It is easier to build a personal brand and audience in the short term than it is for achieving trading profits.
I do not like these people because, to me they are scammers. I have never seen anyone who follow them that eventually became a successful trader.
You'll see them on Instagram or WhatsApp posting many signals, doing adverts for their VIP exclusive signal groups. Their appearance of wealth has nothing to do with their profits from trading and trading performance but from their courses sold and YouTube ads.
You ask yourself why don't they stop all these bs and just go back to real trading and you will immediately answer yourself that trading is hard work. It is easier to make reliable income streams from acting like a trader than actually in active trading where the market is volatile. It is easier to build a personal brand and audience in the short term than it is for achieving trading profits.
I do not like these people because, to me they are scammers. I have never seen anyone who follow them that eventually became a successful trader.
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