Are Stock Trading Courses Scams?
VloĆŸit
- Äas pĆidĂĄn 26. 06. 2024
- In this video, I talk about trading courses and paid groups. I have no affiliation with any of the paid courses or groups mentioned in this video. Instead, I make money the old fashioned way: AdSense! (and the affiliate links below)
NOTE: Large Cap Day Trader has since been outed as a paper trader. This just shows how careful you need to be in determining who to trust, who to give money to, etc.
If you want to support my channel, check out the following:
đ Open a Roth IRA: m1.finance/kVw5phu7wFFW
đ¶ Where I get my music:
www.epidemicsound.com/referra...
geni.us/mangostreetmusic
⊠Automatically Save w/ Acorns: bit.ly/antiguru-acorns
⊠Tubebuddy for CZcams: www.tubebuddy.com/antiguru
⊠My microphone: amzn.to/2FN5ixf
⊠This mic activator (for better sound): amzn.to/2FCUli7
⊠Vlogging camera: amzn.to/2Ha3ejN
⊠My huge wall calendar: amzn.to/3hEiZvU
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
⊠spoti.fi/2WTkXSv
Put my music in your videos:
⊠geni.us/mangostreetmusic
My website:
â danielinskeep.com
My main channel on photography:
â / mangostreet
My wife's fitness channel:
â / rachelgulottafitness
0:00 Intro
2:49 Whatâs My Angle?
3:05 Why Spend Money?
5:47 My First Trading Course
7:15 Signal Groups
9:16 What To Watch Out For
10:58 What To Look For
14:14 Final Thoughts
NOTE: Large Cap Day Trader has since been outed as a paper trader. This just shows how careful you need to be in determining who to trust, who to give money to, etc.
Appreciate the shoutout Daniel ! Glad you are finding value in the program đđœđȘđœ
Yoooo that's dope bro! Agreed with Daniel. This is the best program out there.
Sorry Carmine for asking this. But I think you should understand why I will ask this. WHY you sell a course and have tons of hours in CZcams (wich is a LOT of work behind every video) if you are profitable?
Don't get me wrong please, try to understand, is a reasonable question. WHY? WHY if you can make 1k (or the amount you want) a day for example, why are you selling a course? Why putting all that effort if you can wake up in the morning, make a coffee and get your money from the markets.
The worst thing is that I want to believe you, but this question ALWAYS comes to my mind when someone is saying he is profitable but is selling a course etc.
Hope you can answer. And i'm not trying to be mean or whatsoever.
@@Jatrade445 â Because most likely (99.9%) he is a wanna-be trader, learned some of that juicy technical analysis terminology and doesn't really make any money actually trading. Selling courses is a way to make actually money because many beginners need help with trading so there's demand. Just recently on his channel he made "$7,125 In 30 Minutes Day Trading". Brilliant.
@@Jatrade445maybe just maybe he wants to make MORE MONEY. I know insane concept right?
scroll up and hit the thumbs up button and i'll give you 95% off my imaginary course!
@@floydchusset3143 put her name on google and you will be directed to her website
sold - where do I sign up
hey daniel, quick question for you. If you wouldn't get a course, where would you get started with the lingo and just ins and outs of the stock market. It is difficult to know how to trade when you don't even know where to start. Thanks
@@benjaminlaskowski5980 Read this book: Stan Weinstein's Secrets for Profit in Bull and Bear Markets
Gets you familiar with patterns, how to buy, how to sell, risk management, etc.. It's what I started reading and it was very interesting, take notes as you go! Or just re-read, I myself have to go back and read the book again because it's so full of gold.
Iâve never bought a course - 6 years in SEO and now Iâm working for a growing company. CZcams is the best course.
Great take. Love seeing the courses you actually found value in. Nice to see not everyone is a no value bsâer
Your the real value stream Matt! :)
Matt needs Larry Williams get
What do you think of the Humbled Trader?
@@bjk6574 if they pull out trend lines and indicators run fast
@@bjk6574 same as ross cameron, she is a good trader, but also rather an entertainer on yt, she is not really "teaching".
Do you know what i enjoy most about your videos???? it is your voice, tone and non-aggressive attitude!
I love how I can legitimately hear the sincerity in your tone and voice while you're explaining this to us that being said I've been really intrigued by this for a while..still havent done it bbit i love the the whole push/pull of the market in trading.
Love you man, wish I ran into your channel 2 years or a year ago, wouldnât have been scared to begin with the confidence your videos give me, I love how you can simplify and give your inside thoughts and almost full opinion, love you brother your such a success
Bro, your edits are so cool that youâre the only guy on yt that I actually watch in normal speed (and I am pro editor)! Once again thanks for the nugget, truly inspiring as always! đ„
Always great KNAWLEDGE here đ
Btw, IMO the biggest hurdle for succesful daytrading isn't anything technical,
but it's psychological...
Anyone can find or develop a decent/good strategy, even a noob.
It's sticking to risk management rules (and others, like your daily loss or adding to losers etc)
that trip most of us up (I know myself, LOL đ )
Thanks Dan. Great content as usual. One of the few honest traders on youtube.
Thank you so much for this! Hubby was looking for this exact info.
Straight to point with no BS in between. like this channel
Loved the channel content, rarely you see a channel with such transparent and honesty. Subscribed :)
I like this. I will have to keep coming back to this. I want to get started in trading but im so overwhelmed. So much to learn!
Thank you man. It really is difficult to cut through the BS these days. 4 Discords later and I've finally found a style I like.
Which one has been working for you?
Great video. I haven't been able to make a video about day traders because it's incredibly hard to find the smoking guns to prove someone is a fake guru. I personally think most gurus make less than $50k (typical median salary in major city in US), if they're even profitable at all. I think it's why many immediately turn to selling a program.
I think day traders are probably the hardest niche to evaluate if they're legit or not.
Some thing about how you deliver information that makes me watch all you new videos. Glad to see someone with integrity.
thank you đđ»
Thank you sir. I really needed something like this.
Comes across as refreshingly genuine and intelligent. Delivery , language, clarity and tone lends to its sincerity.
Thank you Daniel. This was a great video with some awesome thoughts and things to look into. I've been active on the RTD Subreddit and have been debating on jumping into 1OP so it was great to hear your thoughts on those two.
This honestly was really insightful. If I had known the red flags before paying my way into a community then I probably would be the same and hundred some dollars better off.
Great information! Ty
Awesome video Daniel!! Great job
Great video, I did it by myself no course just 2 years going through individual indicators on demo.
i love ur trading videos and i would love to see more of those!!
Great analysis, thanks !!!
Daniel, you are making a very interesting content. Thank you very much. đ
Great video content. Navigating the right courses and the right people to listen too are tough.
Great stuff Daniel. Really enjoy your stuff! Keep it up
I really enjoy your videos. Your style is so chill
thanks!
Great video. One thing I have to say is the pattern day trader rule only applys to accounts that have margin trading turned on. Normal cash only accounts have no limits
well, the settled cash is a big limitâŠ
That's one good reason for people to trade commodities, no pattern day trading rules and you can trade the Financials like the S&), DOW, Currencies, and more in the commodities markets.
Thank you so much for this video Daniel. I am at the research point in my trading journey. Iâve just started demo accounts to test strategies etc and my CZcams is bombarded with ads for how to trade and get rich quick. Iâve resisted the temptation to pursue any of them, but Iâm definitely going to check out your recommendations.
Outstanding content and delivery. Thanks for saving us all that time and money and giving us the distilled lessons learned.
Amazing video! Thanks for the knowledge on your experiences.
Thanks buddy!
Thank you!. Iâm subscribing to your channel!
Thank you Daniel, great video!
One of the biggest lessons to learn or mental tools to have is to learn and risk. You have to know how much you are willing to lose before you sell. If your stock goes down $200, 500, 50% is it sell time?? Many traders talk about preservation of capital. If you are 20 so what, if you are older you know how long and hard it is to make a couple of bucks.
Hi Daniel... love the vid and your general aura when talking about all things money... its an honest and no BS which is hard to come by in this day and age... I'd advise you to check out the moving average channel and the free discord he links to... love his teaching style and all of his content is free to view on CZcams
thank you! and yes, i know arty and have watched many of his vids!
Definitely depends. The stigma is understandable due to the amount of bad gurus and scammers that popped up over the late 2010s.
But a lot of YTers sell a course for legitimate intention to provide a valuable service. And it makes sense.
Teaching others to trade doesnât negatively affect their daily trading. Itâs not the same as teaching business competition how to do what you do.
So why would they not sell a service that just gives them even more money?
This is super true. I can tell you how many times I've seen this
The all-so-powerful CZcams Algorithm somehow put one of your videos on my radar... and I saw the attention to detail, the insight, and overall cohesiveness of your videos a real breath of fresh air honestly. Keep on going with great content like this! Thanks Daniel
thanks for the kind words!
Yeah. What he saidđ
Thank you for the video it help me a lot i been disecting gurus this week đ
The conversion funnel BS got me - Preach Brother! Hate that Crap as well.
What are your thoughts on Seeking Alpha. They arent really a course, more like an information center but they do have things like quant ratings etc
awesome topic Daniel
Thanks man.
so far it took me a year to get to somewhere somewhat profitable, so a paid speed up might help some for sure
This is why I have built my completely free intro to trading course on my channel. No strings attached.
This is a great video!!!
Can you do a review on the Wysetrade course? The CZcams videos look fantastic and are really polished. I'm wondering if the course would be as good.
That's what she said.....
1:00 Or trading is a game of probability, you never know wheather you will make or lose money today. So you want a consistent positive cash flow. That is why almost every trader in social media (wheather they are good or bad at trading) has a course. I know some pretty good traders who are also selling courses. But the bad ones don't have any real knowledge, or edge, so their courses are not worth it.
V-inny E-mini on youtube is a beast... I Recommend checking him out đ
That's what she said was the icing on the cake hahahah
Great content!
Congrats for this marvelous channel
Can u check out the Ricky Gutierrez course, and review that. Great Video
I don't think they are scams, but they are worthless for those who will become successful in this industry.
Because a person that is dedicated enough to spend YEARS mastering this craft would have become successful no matter if they paid for a course or not, it would probably take longer without it but they would get there eventually. Also a course can not teach you real life market experience and screen time beats out any course no matter what and what works in the time the course was written might not work three, six, nine months down the line, markets change very often
Hi Daniel, Iâm so glad you did this video. Could you please review the 10 week stockmarketlab course by Umar Ashraf because i think the guyâs pretty genuine.
Thanks for the help. I am new to trading and found this video very informative. Although I do wish you would tell us which course you paid 350 for that you found beneficial.
i think i told you all of the courses i liked.
I havenât watched the video yet but from the title of the video I can honestly say I have no understanding of how folks send out signals when price action in the market can happen so fast and that from experience with my own trading
I like Maverick of Wall Street just for info, I am super new have no capital to gamble right now but want to learn and like the information he puts out⊠indicatorâs, graphs that are just beyond me, what make what move and seemingly just good info. But what do I know.
Great video, Daniel! love your content. YOU should make a discord ;)
would love $20k/month running a discord, but uh... can't do it.
Can you review Everything Money???
That is the guy I like investitrade The boy Carmine I do like his way of doing it and trading He does try to teach you about knowledge instead of trying to sell you I don't know if I'm going to pay the 350 for the course cause I'm gonna use that for TOS to start day trading But using his supply and demand technique technique and build my own like you said self reliance
Have you checked out Aristotle investments?
Yes, especially Benzinga.
Reach me out âŹïžâŹïžđđ
I think so
Just want to say thank you again
You should check out Ricky Gutierrez learn plan profit course or Steven Dux course.
đ€ź
Yes
Bro the trading fraternity is actually good and the only community I actually kee up with the guy who runs the live streams âJoshâ is freaking cool and down to earth highly recommend watching his channel you donât even have to buy his courses to learn itâs all for free as long as you just watch his stream youâll learn so much
just scrolling through comments trying to find another chad! let's go!
@@michaelconejo1212 me too! Especially when I saw his logo at 2:35 sgdc
I am a complete beginner to Trading, started studying about 2 months ago just researching all I can that's free on CZcams. I feel like I am stuck and need to take the extra step to learn, would you recommend me taking a course as a beginner or just learn on my own? Any advice would be helpful, video was very informative by the way thank you!
Man Carmine Rosato is the best. I really loved his course and visit the discord group every day pre-market. He and Dylan do a great job every day and over the weekend to provide a lot of information
facts
very good sorry i am french but learning english day by day
Reach me out âŹïžâŹïžđđ
Could you review The secret Mindset Academy
Can you check out trade and travel by Teri Jieoma
Amazing video. Great information......
That's what she said.... đ€Łđ€Łđđ»
Great Value!
14:55 very funny micheal
Another great one, I was hoping that you would be selling the secret to making money every trade in forex futures trading that only you know. You could charge a small fee of $999.99 per month but if they buy the course in 15 seconds, they get the first month for $999.98 haha.
i shoulda thought of that!
Great content. What trading education courses would you recommend for a complete beginner? I'm a U.S. citizen. I was looking into Tradenet, but they no longer accepts applications from U.S. citizens.
College âfinanceâ
I've definitely bought my fair share of courses for a variety of different topics, but one thing I haven't found a ton of value in is paid Discord groups. That could simply be my own issue with not having the time to converse in them enough to get real value from them, but overall, I haven't found those memberships worth it.
Not sure if I'm just getting old but Discord is way too fast for me. Unless you're sat reading it for literal hours everyday you'll miss everything
I like the Outro đ
Yes they are
Hey Daniel, great video as always, as a new trader I find all your trading videos very insightful. Can you review TTG courses (True Trading Group)? They also have CZcams live streams almost every evening about their day trading session. Thanks!
⊠i literally talked about them in this video.
I once called out someone on Instagram for running one of these and told them that it was a scam I had five people harass me that also ran the same thing
Did you purposefully put that clock to 11 11?
That ending lol...
Daily Momentum is a very great group that I have found very profitable and reasonably prices
I really wish there were links to these courses you talked about because I canât find them anywhere like the one for the futures trading that is the most insane name Iâve ever heard pronounce I cannot figure out what that means or how to spell it.
google traderade for the futures course
A course I've personally bought is from Weenie Trades LLC / Weenie Trades Live both on CZcams, daily streamer, good dude, course is very informative! Would love to know your opinion!
You should check out Al Brooksâ stuff
What are your thoughts on TRADEway? I just went to a TRADEway seminar last weekend, and because it's supposed to be a "Christian" trading course, I decided to do. However, things didn't sit well with me. Not only could I not purchase the coaching, I actually started seeing those red flags you've mentioned, such as the hard selling tactics. The prices weren't that reasonable either. I want your opinion on this.
iâve never heard of it, but would be highly skeptical based off what youâve said. i tend to not like seminars because it usually leads to a huge upsell.
@@DanielInskeep That's what I figured. Thank you.
Hey , thank you Daniel for saving us money and time . Least we can do is hit the subscribe button and like button .
Knowledge âïž
nawwwwledge!
The only course Iâve done is Meet Kevinâs course. And yes, the vast majority of the course was either extremely basic or stuff that is abundantly available for free. I thought the first third of the course about the psychology of investing was valuable, but the rest of the course seemed like it was incomplete and missing information. Overall it was very disappointing and Kevin doesnât even follow his own teachings.
shocker
Smb capital is amazing
Stick to books people. The book, Technical Analysis and Stock Market Trading is a good place to start.
And just to be fun, did you ever see yourself as a mentor? Because your a great one
Can you do a video on forex? like literally any type, I never really see you talk about forex
czcams.com/video/6id0G9c9cDY/video.html