exposing The SCAM of day trading
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- čas přidán 2. 05. 2024
- Day traders are scammers. They make you think that you can make easy money and they make you pay hundreds of dollars in their courses that litteraly have less value than chatgpt. Easy money doesn't exist, you gotta commit to something and no one is going to serve you success on a plate.
Congrats on the Thumbnail, I clicked on it thinking its a video with thousands of views
That thumbnail is gonna attract a lot of viewers. Great job.
Good video. The majority of big trading youtubers do unfortunately just spew out garbage for people who are new and eager to make money day trading. There is just a complete lack of transparency and honesty. I remember when I was a beginner and I even bought a day trading course because I could not wait to make money quickly. I don't want to do a self promo, but I think my videos show the honesty and transparency in my trading, which is something I think all traders should strive for. We should normalize failing slow success.
Yes! Thank you for making this video. I do hope it becomes viral and new wannabe traders watch it! Much respect! I hope you don't mind, I added a link to your video in one of mine as I talked a bit about scammers and you just nailed it. Again, thanks and keep up the good work bro!
Yes of course thank you I’m gonna go take a look at your channel
Reality is, unless an individual has strong foundation in both technical and fundamental, after years and years of experience and learning, being profitable consistently is impossible in the trading world. Plus you've got to be really strong psychologically and emotionally. Trading isn't for most people, its better to go learn something less stressful and complicated.
Good job! It's not a scam in itself, but only effort will create value, that is the inherent relationship. If it is easy and everyone can do it, it is not valuable.
You are telling facts, I enjoyed the video.
Great point!
thanks for your video
Any successful person in their field dedicated years of their life to the craft.. trading is no different.
Don't come into this thinking someone can "teach" you to be an NBA player by using an online course or some indicator.
It's a learned skill like anything else, you need to put in the time.. there are no short cuts, but plenty of people trying to sell you that hope.
Bro I'm new to trading dont even know how to start because most traders are scammers
If you really want to trade you should probably buy books, they are cheap and provide way more informations but if you just want to make money you should probably focus on learning another skill like video editing or coding because it is less risky and these skills are very important especially now that everyone wants to create content
@@EvolveEdge-ng8qv bro I'm in Africa those books are wey expensive because the dollar is 13 times higher than the currency we use here
You could try to ask chatgpt to teach you the Ai is actually vert good at teaching skills or you could search free ressources or forums on google, just dont look at tutorials on youtube because they will end up trying to scam you
bro use resiant and support and liqiuidty grabs use indiactors like macd parrabloic sar and 200 ema i turned 50 into 200 in 1 day bc i did my research and the stratgey liquitdy grabs and resitance and support is the main stratedgy used you can make alot of money of it if you do it correctly
you need to find the right people. just find people that talk about the concepts rather than a strategy that someone wants you to follow. make ur own rules by learning the rules of the market.
I feel like you should add that it is still a profitable way to make money. If you buy certain books and dont buy courses, over a few years you will learn enough to be actually profitable.
So is Nick Shawn, the guy who claims to make money no matter what happens a scammer?
The point is not to say that all traders are scammers but simply to be carefull of what content creatos are trying to sell you !
thats nice
Not only traders, this is whole group of people who are selling some kind of online course on how to make money on all kinds of subjects... Basically what they do is, searching for top searching stuff or markets on internet and then crate fake story how they can teach you how to make money. They even have name of it, they call them self online entrepreneur😂😂😂.. Just think about it if they make so much money on trading or selling on drop shipping or what every, wold they really teach other people how to make money to or would they keep job just for themselves? 🤔
i like your thinking. i must ask, and do this, even if this is a comment, it shoudl be a directive: make yourself accountable of any content and word you say in this channel. put a mechanism out there in which you can be audited and you can have money and legal consequences if you are making a false statemnt of someone will. ie: me
What do you mean by a « false statement » ?
@@EvolveEdge-ng8qv you're right . false statement is too open for interpretation. im trying to analyze ben cowen and digital asset news. im also DISGUSTED with some financial education scams. also with self help, dating and other shit. cant do that much, but at least i try to cover my ass. if you know more tools like social blade, please listen them. you are not alone.
cowen and DAN seem legit, but i dont see any HARD proof
I think the best we can do is giving advice to people because I don’t think there is much we could do on the « legal» side of things but trust me this «gurus» wave is quickly going to stop because people are starting to realize that the promises they make are often not true
You're practically whispering in this entire video as if someone is in the next room. Talk like a normal person.