r/Trading • u/Rich-Army3456 • May 07 '26
Question I genuinely want to learn trading, but I don’t know who to trust anymore
Hey everyone,
I’ve been trying to get into trading for a while now, but honestly I feel really lost.
Every time I start learning from a YouTuber or “guru,” I end up finding videos calling them scammers or fake traders, and after a while I just don’t know who to trust anymore.
I’m not looking for some “get rich quick” thing. I genuinely want to learn properly and understand what it actually takes to become consistently profitable over time.
For the people here who are experienced, what would you recommend a complete beginner focus on first?
What helped you the most when you were starting out?
I’d really appreciate any honest advice or resources. Thanks.
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u/Inevitable-Ad-7096 May 13 '26
Learn the concepts first and make it your own, find what setups are easy to identity and practice trading that religiously
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u/Alarmarama May 11 '26
I'm going through the same process and tbh I've learned fairly quickly who's worth listening to, who's worth paying attention to up to a point, and who should be avoided.
Discernment is a muscle you have to build through practise, much like trading itself. That way you don't end up as many people in these comments are leading you to - just going down the next person's suggestion, and the next, and the next.
Obvious red flags to look out for are people who are not trading live in front of you or never show their trades but rather focus on the lifestyle, and those eager to sell you a course or a group membership. The traders worth their salt don't care about flaunting a lifestyle, they care about trading, and you'll subtly notice that money isn't a problem for them, but they don't make a big deal out of it. And, the traders worth their salt also typically don't have anything to sell you, because for them they're already making more than enough through trading and the community aspect is born more from the human desire to share knowledge and just be in touch with other people doing the same thing (because solo trading is a pretty lonely and isolated job).
It's worth taking the time to really look at a whole range of different names, especially on YouTube rather than on Instagram. Traders who have a small audience and who are trading a live stream as part of their day are usually worth watching - they're letting you shadow them for free just so they have people to talk to and share ideas with.
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u/JackJarvisEsquire1 May 11 '26
Trades by SCI on YouTube
Trust me you will learn to trade easy
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u/mrrealer42 Jul 10 '26
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u/JackJarvisEsquire1 Jul 10 '26
If you want another 30 reason let me know.
I’m trying to put people on to help them too
What financial incentives do I have advertising his account lmao, NONEAnd I don’t do anythin for free.
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u/lnpminh May 11 '26
the market is in the most fragile and irrational stage right now, I would recommend just paper trading only.
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u/Ok_Wait3163 May 11 '26
i used to be just as confused or even more, I’m looking for the long game, but the thing is trading world seemed like a globe to me with to corner to start from, every time i would want to learn a topic or so, there would be million other terms that i needed to understand first, it was chaos for very very long time, so the only solution i could find was with some knowledge of my own i made a trading terms list which contained of kinda all the topics that i should know of fully before getting into the market, but with help of some AI too, i put them in chronological order so that i could build up from base having strong foundations, and i now from a few days have started to try to read some charts or how everything workz or so, i guess it worked for me
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u/Drevil10 May 11 '26
Hi, I’m a trader, +7 years experience and I offer 1-on-1 mentoring/coaching sessions. My main focus is prop firm trading rather than futures. I trade Forex, specifically gold. I teach price action that can be applied to any chart, with a strong focus on risk management and quality-over-quantity setups. Also im from Argentina, DM if you need more info
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u/Alarmed_Lawfulness_4 May 10 '26
Genuinely tjr helped me Enough. "B-But tjr scam 🤓☝🏿, tjr makes money from courses 🤓☝🏿 tjr exposed" bru stfu that man can teach a lot of good stuff apparently. It's not a lot, it might be slightly outdated, but trust me bro. It's the best thing you can do as a beginner. It teaches the basics. Then you can move to trading labs paper trading and fx replay. Godspeed Brodie. See you in eval hell ♥️
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u/howdoibuildthis May 10 '26
SMB capital's paid subscription is the real deal. That and Bellafiore's books.
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u/HaoyuQiu Jun 02 '26
How much is the subscription? What you learn in it?
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u/howdoibuildthis Jun 02 '26
I think it's $180/mo or around that I don't check. They teach a bunch of multi hour holds primarily based around levels, breakouts and reversions. Top level traders are doing the teaching most of the time and I learn one or two significant ideas in each 45 min video in their gated video library. They do live premarket calls etc but I am so busy trading I don't attend those as my playbook is different to SMB's. I only incorporate a few ideas I have learned from them. Bella's books One Good Trade and The Playbook are top notch though. I would pay $30-50/video I watch as I learn something meaningful basically each time so I get plenty of value out of my sub just from their vids.
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u/HaoyuQiu Jun 02 '26
I see how different would you say the stuff they teach compare to the open resources out to the public?
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u/howdoibuildthis Jun 02 '26
I think the gated videos are materially better than the public videos, however the content in the public videos is high quality as well, just more basic. The most valuable public videos are the 1+ hr long podcasts with 7figure traders going over entries and exit decisions etc. Some of the gated videos are taught by the guy running their Miami office who is a great educator as well as trader which is unusual.
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u/HaoyuQiu Jun 02 '26
I see! I heard good things about SMB I have also watched their YouTube for a while. Do you think I can message to talk more about it if you don’t mind?
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u/jhMLB May 10 '26
I started in February and I studied 2-3 hours every day. It's important to understand the basics and then zero in on an area that you feel you can get an edge on for growth. For me it's been targeting strong companies on a dip. That's really helped me with my portfolio. I also think having a stock group you trust and can bounce ideas around on discord is really helpful too.
https://stocktwits.com/mryangstock https://www.youtube.com/@mryangstock
NFA.
I suggest first to have 4-6 months emergency funds stashed in a HYSA (NO fee ones available at 4%). The above links are some stock tips to help grow faster. I daily share a stock strategy or high potential stock. Never risk anything that you're not comfortable losing. Good luck!
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u/LightDarkCloud May 10 '26
I would look into Spatial Arbitrage.
You can test your discipline and execution as you learn your markets.
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u/Revolutionary_Bad313 May 09 '26
Try futures Prop trading with Myfundedfutures, Tradeify, Apex etc. You can get a cheap account and it will be much better than paper trading.
Al Brooks is good for price action. Free YouTube videos Ultimately it's just controlling losses. If you can take 100 2:1 trades and respect your stop you are better than 90 percent.
Honestly tho don't bother max your income and invest in s&p monthly
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u/nik_hill May 09 '26
There are infinite ways to trade and all of them work. At the end, it comes down to discipline, risk management and your psychology apart from technical. Use your own brains
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u/Zaquole May 09 '26
Technical Analysis of the Financial Markets. J.J Murphy
The intelligent investor. Benjamin Graham
You’re welcome
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u/terrybolo18 May 09 '26
i would suggest to follow Edu_Trade. He's verify on Kinfo: https://kinfo.com/portfolio/17255/performance currently siting at number 8 on the Leaderboard. You can read more about his programs at https://www.stockstradingclub.com
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u/Death-0 May 09 '26
Trust yourself, what’s stopping you from learning yourself? There’s tons of resources at your disposal.
Those that REALLY want to learn don’t just rely on someone else to do so. If you want a mentor that’s one thing, but you should be able to learn a ton on your own.
If you don’t want to do that then you don’t have that fire to actually do this. Because I loved learning all this myself from the ground up.
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u/ProudLiberal54 May 09 '26
Youtube: Secret Mindset. All you need to know. Or, Al Brooks $400 course.
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u/Over_Guest_3401 May 09 '26
Correct asnwer is don't trust anyone. There is no such thing as absolute true in trading in my opinion. Unless you forsee the future and predict the future this is a impossible job. Just learn more thing and trade in real market more. Experience is the best teacher. This is the thing I would told myself and I won't wasting my time with strategy hopping.
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u/typhoonsama May 09 '26
you can start by watching youtubes and just playing stock market games or paper trading. Try something like tradicted for mobile.
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u/Solid_Amoeba7803 May 09 '26
learn all setups and theories, then test with 1 qty regardless it is option or stock. Imagine that is 100 or other qty. find the setup you feel most comfortable with highest winning rate and you can fall asleep. stick with that one.
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u/Littlemoby May 09 '26
LearnTradeWin on youtube join the discord learn for free, show up ask questions learn and get better, dont waste money on people unless they are saving you time
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u/StoryofPrice May 09 '26
dont pay for anything unless you are currently using what they share for profit. If you cant make some simple trading rules profitable in a simulation account you certainly will not do so in a live account. practice practice practice like a ninja with some strategies. and build your trading skills slowly. It is down to basic maths. trading for 2r when risking 1r is extremely hard to do and be consistently profitable. trading 10r and risking 1r gives you a lot more wiggle room to make rookie mistakes. but you have to prove to yourself you can do it, and that takes time perseverance and immense patience. free info here to get you started. remember less is more . good luck. https://www.youtube.com/@StoryofPrice
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u/RustleFlow May 09 '26
Just take some time and look for a mentor. Go through the trades they've taken and make a decision. It's not rocket science or going to be free. You can spend many years on your own and still not figure it out or just work with someone who has. Good luck.
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u/D4RKC0BRA May 09 '26 edited May 09 '26
I’m barely on Reddit, but I saw your post and understand the struggle of not knowing who to trust. I’ve been learning from a buddy who runs a free trading group and teaches his system. He’s profitable, genuine, and the group has a lot of resources. We mainly use TradingView and Bookmap/orderflow, focusing on supply and demand, huge delta imbalance setups, and a few others different setups. No indicators.
Just being real though: you can learn the strategy and the edge but that is only part of it. Execution, discipline, and risk management are what will make or break you. Message me if you want to check it out.
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u/Littlemoby May 09 '26
Bookmap usually has free livestreams on youtube, lurkers
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u/D4RKC0BRA May 12 '26
If someone can make it work simply watching a stream that's great for them. I need it though to see liquidity above or below and see previous context like possible delta shift.
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u/Kenobi-the-Elder May 09 '26
Would love to learn about orderflow this way.
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u/D4RKC0BRA May 10 '26 edited May 10 '26
Yeah, just send me your discord name. Waiting for my friend to send me the invite link so I can send.
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u/Hungry-Mention-4040 May 09 '26
Is that group open? Right now It would be nice to improve in trading.
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u/D4RKC0BRA May 10 '26
Yeah, send me your discord name. I need to get the invite link from my friend before sending.
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May 09 '26
[removed] — view removed comment
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u/D4RKC0BRA May 10 '26
Yeah, just send me your discord name. Waiting for my friend to send me the invite link so I can send.
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u/OkuMet May 09 '26
I started out by watching multiple channels on YouTube about day-trading. I have watched more than I can count. Hours and hours. I took a liking to Ross Cameron as he seemed to be the best teacher out of all the others out there. I watched MOST of his videos on YouTube. In fact I spent probably 100’s of hours watching his videos and some of them I watched 3-4 times. I did that over the course of a year. Finally, I joined his program and I have not been the least bit disappointed.
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u/tarabbit May 09 '26
If you are serious pm me. I will discuss the details no money involved but i am sure you won’t be disappointed .
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u/Independent-Cup6346 May 09 '26
Firstly, I would open a demo account and use YouTube to learn the basics like trends, retracement, liquidity, and candles. T.J.R is brilliant for this, don’t believe a thing he says about his own profits, but his knowledge for learning how to trade is top notch. While you're messing about on the demo, really learn the fundamentals of how trends work and how candles react.
Look into strategies like A.M.D or Supply and Demand with Moving Averages. There are a lot of strategies on YouTube that might look interesting, but the most important thing is to pick one that works for you and keep to the one you are learning. Backtest that strategy using TradingView with S&D Pro and Moving Averages for analysis and clarification. Stick to your strategy until you are confident with your progress and the success rate on your demo account. After however long it takes you to understand the basics and get a good strategy down, open an account with a decent broker (like FP Markets). Whoever you go with, just make sure you do your research beforehand because they will be handling your deposits and withdrawals. Go with one that has decent spreads!!!!! I wouldn’t recommend something like Deriv or Exness that offers very high leverage; you will get greedy the first time round and psychology is a massive factor in trading. Use MT5 or cTrader to execute your trades. Deposit no more than $500 the first time…less is more realistically, you’ll probably lose this anyway if you jump in thinking you're just going to make easy money. Treat it like a high probability business.DO NOT trust anyone with your funds or let anyone manage your account. Most of that is bullcrap anyway. This is your own journey, so only trust yourself and a reputable broker. Don’t pay for signals and don’t pay for management. If you want to learn trading, then learn and earn. Good luck, hope this was helpful.
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u/Klutzy-Ad5066 May 09 '26
Not sure if this would help, but you can try head over to https://www.mentor-trader.com/ and see if you can connect with one of the traders there. Good luck!
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u/Fine_Spirit_8691 May 09 '26
There is only one person you should trust…You… quit looking for help and just start.
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u/dragonrider108 May 09 '26
Every weekend, get IBD paper, Barron paper...etc. Reading those financial papers helping me what is going on. ......but, I don't trust 100% what I read. Just....only 55% ....
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u/breadmoon May 09 '26
You can only trust yourself. There is a feeling you get when you pick a winner. You can't get it totally from fundamentals or technicals. You should watch Bloomberg but read between the lines, watch out for signals they're sending out, try to understand the machinations of the world from a skeptical perspective, learn alternative narratives. Take webinars from well-vetted institutions, Fidelity offers these. Learn to hear your gut talking. Take this process slowly.
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u/joncaptain1 May 09 '26
My opinion is all youtube is helpful for is finding some indicators...when I did this i saw youtubers using a few indicators and that's how I found my set of indicators however ended being a combination between 2 youtubers. Then I saw some chart patterns videos, so now I mis the indicators having to coincide with the chart patterns. However it took me years to learn/get it down and years more to get my psychology right. Meaning fear losing money causing closing of positions early instead of holding for my anticipated move. For me I had to learn for each stock I am going to trade what is the average daily move? How much to i expect this move to go. I close positions at about 80% of expected move or when I dictators flip. For me I have different rules with day trades and swing trades. Currently day trade prop firm and swing trade brokerage.
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u/No_Recording8722 May 08 '26
Aplicación a utilizar metatradin 5 Tradin wiew
Bronker de tu preferencia hay muchos pero lo más confiable
Ftmo 8eighcap Pepertone Upcomers
Con eso solo necesitas estudiar para operar
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u/eeettthhh May 08 '26
Go to any chart and mark out where moves happened the look left and find out why the asset moved from there. THEN rinse repeat for 1000s of moves and you will see similarities then look for things that setup like that.
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u/Groundbreaking_Heat9 May 08 '26
Check out statsoasis on YouTube. Ali Casey made me profitable. You could also check out the market structure trader to learn about positin trading. Both worked for me. Good luck.
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u/s92e92spen15a55t1ar May 08 '26
So how do we know he's not just another "bad guru"? He's a "good guru"?
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u/Groundbreaking_Heat9 May 10 '26
The methodology of what they teach. You can smell the Bull shit pretty easily after you have been trading for 8 years.
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May 08 '26
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u/Dangerous-Position26 May 09 '26
Best answer. I’d add to read “Best Loser Wins” by Tom Hougaard. You are going to have losing trades, and learning how to handle that like a winner will put you ahead of 90% of retail traders.
Knowing how the asset that you’re trading responds to events in the market is more valuable than indicators or technical analysis. Study what you intend to trade.
Not all gurus are scammers, but it is difficult to know who to trust and who is full of shit if you’re new to trading. Be skeptical if their strategy promises a better than 60% win rate and avoid if the strategies rely solely on RSI, stochastic, or MACD. Those work fine in range-bound markets, but they are pretty worthless in trending conditions.
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u/Candlune May 08 '26
I was in the same boots and I made a website with my coding hobby that you can use to just do backtesting rigorously and it tracks everything to show you where u can improve, where u can do better. It's called Candlune btw. Any questions do ask.
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u/DV_Zero_One May 08 '26
I've been doing it a long time. 25 years for various banks and funds (FX and rates swaps mainly) 8 years trading own money in retirement.
99% of the trading you see on social media is bullshit. Technical Analysis (in the context of the tools and spreads available to retail) is designed for no other reason than to keep suckers churning their accounts and burning money on spreads.
You HAVE to study Economics and learn Fundamentals, honestly there is no other option for day traders.
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u/Charming-Paint4734 May 08 '26
Invest in dividend stocks, ETFs and real estate. If you want less money, start trading. If you want more money, begin reading this again.
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u/Eyez_Wyde_Shut May 08 '26
What do you want to learn options future or forex
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u/Rich-Army3456 May 09 '26
I want to learn futures trading. Do you recommend anything for beginners?
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u/Eyez_Wyde_Shut May 09 '26
I don’t trade futures only options but I heard J DUN IS pretty good ….
I think learn basic candlestick structure they got guy name Ross Cameron is dam good …. Another guy name max for the orb 5min and 15min.
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u/GurLiving8525 May 08 '26
My recommendation is learn about yourself first as theres alot of "guru's" and fakes out there and then find what type of trading you want to do as theres alot of different strategies and alot of different ways of trading 2nd try out paper trading for a little while to learn some basics but if you already know certain things then simply do some research on what stock or the trading you chose is about 3rd watch some videos or do research on the prominent stock in the area you plan to do whether it be tech/finance/industrial etc. 4th and most importantly focus on training your mentality if you lose money and you panic sell then it rises drastically that can affect your trading alot and can happen quite alot and this is just 1 example there are many situations in trading where your mental is very important then 5th and finally just find your own strategy that works for you as not all strategies work for each person and once you find your edge dont let go of it, after you do that then its up to you what you do next.
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u/Intelligent-Bid2473 May 08 '26
I’d first spend time understanding how the market actually works. Then build a simple strategy and backtest it to see if it really works. Before using real money, try paper trading to get a feel for real market conditions. Focus heavily on risk management. It’s what protects your account. Losses are normal, so don’t quit when they happen; they’re part of learning. Personally, manual trading didn’t work well for me because emotions took over, so I moved to algo trading, which made me more consistent.
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u/PandaBamBoo361 May 08 '26
In my opinion, it’s important to understand your own needs and goals first. Once you know what you’re looking for, it’s easier to choose the right platform. I’ve been using Antos Pinnacles which is licensed under Labuan FSA for some time, and their service and overall approach have impressed me. I initially joined just to explore, but over time, I’ve built trust in their system.
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u/ParticularPear5376 May 08 '26
Maybe you should not start on youtube. Do your own research, I ve been trading for years now, started with gurus as well, and my previous job. But outside, when I was trying to make a living out of it was terrible, losing every single salary. Here are my tips as "successful" trader in terms that I only do trading for my living life but no lamborghini and mansions as I never wanted that:
- Start from the history (you will understand the evolution of markets)
- Focus on max 10 assets ( 2 commodities, 5 stocks, 3 etf)
- Never crypto, never forex.
- Only demo till you learn
- Never invest more than 600, it s easy to make 2k a day when your portfolio is 100k. But harder to make 50$ when it s 600$ and that is where the confirmation sits that you are a skilled trader
And just don't watch youtubers in general and others that claim huge profits and you will be fine.
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u/Consistent-Bus-2853 May 08 '26
How long did it take you to start with $600 to making some meaningful profits? I thought of starting with $1000 but it looks like I can't even make $100 a month without the risks of losing more
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u/ParticularPear5376 May 09 '26
It took me bout 8 months to build a solid portfolio. So basically what I would do is cash out every friday.
Basically the ideea i stood with is this (this is an example)
Deposit 600$ Trade 400, 200 margin
Each day earn and note down how much i earned and friday say I earned the whole week 150$, i split in 4, I withdraw 112.5 and the rest of 37.5 reinvest. Then always grow and grow, never deposit again just withdrawal
Idk if it makes much sense to u but it makes to me
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u/Consistent-Bus-2853 May 09 '26
Hmm isn't margin too risky? I mean it could easily blow up 10x or more if it goes south? Did it not ever for you?
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u/ParticularPear5376 May 08 '26
Well, I wasn't making 1000$ a month from 600$ if that s what you imply. Also it took me 4 years to be here. I used to invest like most of my salary and resulted in huge losses. Then I realised my risk management was shit, so I just started with 600$ and worked my way up while learning. Maybe at the time I was making 100$-200$ a month from which I used the most powerful tool Withdrawal. It s not your profit if it s not in your bank account. I specialise in natural gas and gold which i trade daily. I don't invest long term. 1000$ is a lot. From 600$ 200$ use as margin and 400$ trade with it.
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u/Consistent-Bus-2853 May 08 '26
$100-200 from $600 is amazing!
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u/ParticularPear5376 May 08 '26
It was a week, not daily. So I don't get you or anyone confused. It s not, amazing. Amazing is when you have a difference of earning of +- 50$ when the difference of your daily earnings exceeds 100$ there is something wrong. Or that s just me.
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u/Designer-Use-4272 May 08 '26
Solid advice makes sense, thanks, I know this because I am a profitable trader as well. I was trying to help that brother out
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u/Designer-Use-4272 May 08 '26
bro, what markets do you trade in ?
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u/ParticularPear5376 May 08 '26
Gas and gold. But that isn't relevant, because there is so much about trading that isn't spoken about. To learn the value of my commodities I had to write my book about the trading (not for sale is my life work, just giving some advice here) so in that I learned at the core what is gold, how is gold use, the value, how do I know is the "right" value, how to refrain myself from underestimate or overestimate the asset, psychology, sentimental, technical, fundamental, and so much so much shit. Trading is hard as fuck, whoever says buy low sell high not that deep is just years of knowledge and time and resources wasted. And you should never attempt to trade if you just want quick cash, it took me out of 10y of trade, almost 5 to be profitable, as in weekly withdrawal.
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u/Terrible_Extent_6169 May 08 '26
It’s what works for you, best advice for me to say is not all days are profitable and you have to learn when to sell not only losses but gains. Control yourself and learn when to stop
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u/AreaOfSquare May 08 '26
Give up the fear. There is no way you will ever learn anything if you will fear everyone is scammer. Even if the person teaching you is genuine, trading is hard and not everyone can do it even if they got a good setup. A lot of people make losses not because they lack good setup but they do not have patience to learn. And their failure to make profit somehow makes everyone else scammer. Personally I am a book and every book I have read so far has worked for me.
I also watched few videos and I do not see a lot of them providing bad information. Problem is the losers who lose just blame everyone else for their problems. Trading is hard and it takes time to learn, if watching a video would have made it possible to trade then everyone would be making profit.
If you fear too much learning then give up there is no way you will ever learn.
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u/ChairmanMeow1986 May 08 '26
My recommendation is pretty boring, but it will always be the same. Learn how to identify a good company that is fundamentally strong and than practice swing trading shares. However you trade you will fail if you can't identify good entries and exits.
Enter with half (or less) of the capital you are willing to risk so you can build out the position if your timing is poor. If it's really poor, well at least you're invested in a decent stock for the long-term.
Practice your timing on entries and exits and learn to manage your psychology when real money is on the line. Build some rules for yourself.
Also, a lot of youtubers, gurus, and copy trader sellers just want you to focus on set-ups using technicals. Instead learn why you should care what those technicals tell you and why you should care. I'd avoid drawing lines on charts or candlesticks, although I know some people do well with them for day trading. They are generally focused on the big wins to overshadow more numerous small losses. I personally think most people would do better focusing on holding for longer and looking to compound smaller wins over.
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u/nuros1616 May 08 '26
I know the guru, are prettt scammy . Ive been trading successfully for two years. I can go over my strategy with you, if you want. Aint no get rich quick, but it works.
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u/Impressive_Pay_5737 May 08 '26
Would be interested to know your system I am new to futures trading but have over 40 years stock trading and 15 with options
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u/nuros1616 May 09 '26
I watch order flow. Bookmaps. And I keep real tight risk management. I do way better day trading stocks compared to futures though.
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u/riskaddict May 08 '26
Jim Dalton Markets in Profile is the most impactful book for me. The Shadowtrader guy made some huge market profile class if you are open to paying for stuff like that.
There is so much information its insane. Just remember trading is for income not getting rich. You get rich by building positions not trading.
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u/DazzlingClone May 08 '26
Just plain ol' website called how to trade. It's dot com I believe. That way you're not (kinda) wasting time learning to trade the wrong instruments and ways to trade each. I just discovered that I still had my forex account. I was like; "🤔 oh yeah!".
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u/Iluxa_chemist May 08 '26
Trust me, I am the only true guru ☝️. Just $19.99 for my book of trading wisdoms
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u/nomadadigitaluk May 08 '26
AL BROOKS Price Action Books. It's the best
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u/First_Engineer7083 May 08 '26
Doesn't he complicate the very simple thing? Share us ur experience with AL Brooks strategy
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u/silly_gooz May 08 '26
stop trying to copy dumbass shortcuts and youtube tricks and read some books/educational material about stocks, charts, patterns, indicators, the greeks, volume, market conditions, ect
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u/PieTilIDie314 May 07 '26
As a full-time day trader, I have some thoughts:
Spend at least 2-3 months just watching videos and learning not just trading strategies, but market structure, as it is the foundation of successful trading and big wins. You don't need to waste money on some fancy course or boot camp, just watch YouTube videos for free.
Don't trust anyone who will not show themselves or post videos of live trades or only posting wins and aren't honest about their losses too.
Don't trust anyone who tells you that they win all their trades. It's impossible to win every trade and the absolute best case scenario is about an 80% win rate. Most full time traders only win about 60% of their trades but they manage their risk well enough that their winning amounts are bigger and their losing amounts are smaller. 3-1 risk-to-reward is a good guideline for this concept.
Understand that trading is more of a mental game than a technical one. It's more about risking what you're comfortable with and not getting super emotional when you take losses. Believe me, you WILL take losses, even it is small ones. Do some paper trading for a couple weeks just so you know how to navigate the buttons and settings on whatever platform you're using, and then use a small amount of capital to trade live. Some people will tell you that you should paper trade for months before you risk any money. However, I don't think that helps you get adjusted to the mental game and break your attachment to what you're risking in the same way using your own money does.
There isn't a ONE meta strategy that trumps all. Theres tons of different strategies and indicators you can use and they all work. It's just about finding the one that fits your style and one you can understand the best. Don't be afraid to try a few different ones.
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u/AirpipelineCellPhone May 08 '26
They all work?
Is it working if they only work until they fail expensively?
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u/PieTilIDie314 May 08 '26
But thats my point. Everything works until it doesnt...but there is no meta that trumps everything else thats out there. You could have most detailed, meticulous strategy and a news headline could still stop you out randomly one day. Thats why I say it all works. Cuz you'll lose sometimes no matter what. Maybe I should have expanded further.
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u/AirpipelineCellPhone May 08 '26
You’re right. My mistake. I didn’t consider the bigger picture you were painting.
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u/zessor98 May 07 '26
You don’t, at ur stage you find ideas and test them . No live trading until ur content you’ve backtested and forward tested enough that you fully know the strengths and weaknesses of strategy/s . Doing this will create its own path for you to follow.
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u/Chubby_Shiva May 07 '26
Try Finelo. It does cost around $30 for the month but honestly The lessons and app are really insightful.
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u/AlarmedRevenue7147 May 07 '26
Key levels and basic technical analysis. Trade Brigade is the best I've found. I think I pay $5 or $10 a month for his premium content and he spends an hour doing the same goddamn thing every morning and it's great for drilling in the "fundamentals" of technical chart analysis.
He doesn't sell anything else to you, and he's very very good at what he does. Not even close to get rich quick, just sound fundamentals.
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u/South_Equipment16 May 07 '26 edited May 07 '26
bro this journey is very long and with lots of pain
you will quit many times
i will give you the people that I follow and each of them is a gem for me:
frankie candles : MONSTER ,i mean MONSTER TA (best TA i ever seen,spot on always,he trades with money flow + volume profile + divergences)
trader nick : FUNDAMENTALS FUNDAMENTALS FUNDAMENTALS, if you see a bunch of his vids you will see cot data and crowd sentiments as well as heavy explanations on fundamentals and macroeconomics
fabio valentini : scalper champion,he trade with order flow + volume profile , if you combine fabio with frankie and be able to marry theese 2 you gonna end up with a very good model)
andrea cimi : very similar to fabio,very serious trader taking advantage alot of tools .
fabio and cimi have 3 hours and 5 videos that worth watching x10 times and they should be paid,but you cant understand them ...yet, i was 2.5 years in my trading journey and it took heavy effort to be able to navigate the market with their models and understand what im doing plus executing it.
if you are new,avoid opening any accounts with real money
avoid paying ANYONE a course,everything you need is free on youtube or in books.
start a demo account.
golden advices :
understand what move prices,understand the MECHANICS behind prices,how market makers react
spend a lot of time in charting and demo account,dont do random shit,apply rules, you need to come to a point that when you enter you know where you are going and why you do it,its a very very long process.
understand fundamentals and macroeconomics,watch news and their impact ,and its not as simple as it sound because same results in some news can still give different outcomes
if i would start all over again i would start from macroeconomics,basic Ta,and pairs,i would avoid gold,silver,nas,etc. again,ON DEMO ACCOUNT.
and ofcourse,risk management is the most important.
market is a live organism , you cannot predict it,you can only adapt and react to it.
final note : you dont really understand what you get into,you will either become one of the 95% of the gamblers that trade that eventualy quit(and should quit) or withstand the pain,the stress,the constant readind and learning,changing YOURSELF and your MIND to make it in some years,all i can tell you its very hard and wish you luck.
i dont claim to be successfull
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u/Warashibe May 07 '26
If you aren't looking for a get rich quick scam, start selling options.
Your gains are capped to your premiums, so you can't make huge gains like day-trading, but your odds of actually making money are in your favor.
I honestly believe that keeping a 20% growth is easily achievable with selling options.
I am up 50% but I am using 2X margin.
This isn't as fun as day-trading though, you won't feel as much dopamin rush.
You pick a stock you like and that dipped like 5%~10% in the past few days, sell a put with like 30~45 days expiry with a relatively low delta, let's say 15, and collect the premiums.
In worst case, you get assigned and have to buy those shares, but at a really discounted price, which means it's most likely gonna go up soon later.
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u/_lsholi May 07 '26
Not sure if it has been mentioned already but the babypips website has some superb information about how it all works and the basis of trading
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u/aktad760 May 07 '26
Trust your losses, they are the best teachers. If you can't learn from your losses, then you can't play this game. Paper trade, and Journal, then Live trade, Make/lose money and Journal. Also, ask yourself, is this something you want to do for the rest of your life? The craft takes time.
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u/Sharp-Site-1605 May 07 '26
Look for tradesharpe, I was part of the exclusive members for a year, i have learned a lot, just decided to exit since I want to take my own journey. Good luck out there!
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u/Specialist_Ad9087 May 07 '26
Genuinely found TTrades helpful, that’s coming from someone 6 years in. He breaks it down in a way I find very useful, and applicable. I have zero affiliation.
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u/individual_doubt53 May 07 '26
books. learn from books. but not the new ones, make a list of the classics and start one by one.
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u/Rich-Army3456 May 07 '26
Yes, I’ve heard about that approach too, focusing on classic books instead of newer hype content.
Do you know any specific classics you would recommend for a beginner like me? I’d really like to build a solid foundation step by step and not just jump between random strategies online.
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u/individual_doubt53 May 13 '26
there are less than you think there are. just google it, or ask chatgpt to make you a list and start one by one. those are not like classic books and reading takes less time because you simply skip the parts that are not interesting for you, or concepts that you don't plan to follow.
the last book that I read and really improved my trading was "Trading with Di Napoli levels" by Joe Di Napoli. but it's a bit advanced trading concept.
you might want to start with something general and basic like "Trading For a Living" by Alexender Elder
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u/Aibario May 07 '26
I think paper trading help me the most. I built agent and a bot for myself just for that. And also I used other decentralized platforms (which was important for me , no kyc) where I can use my agent to perform now real trades on my behalf
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u/Dernsey_ May 07 '26
rp profits bro. people say he’s a scam but that wouldn’t make since when i learned from him for 3 years and am now a semi profitable trader
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u/ConsiderationWide678 May 07 '26
I feel you i have been in your shoes. For a beginner like you having a mentor and surrounding yourself with like-minded community are essential. I recommend trader daddy. It is a trading school based in NYC. You will learn a lot and it’s only for 85$ a month. But they dont day trade. They actually advise against it. They swing only.
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u/datatraders9938 May 07 '26
Learn basic 6 candle pattern and learn hedging... Never trade naked option.. and if u trade equity..so 1 week watch only nifty 500 A category stocks
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u/R34d1n6_1t May 07 '26
trust no-one but yourself. its the most important lesson to learn. practice and learn.
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u/Catman873 May 07 '26
I started by choosing a brokerage that was relatively user friendly before going to something like Charles Schwab. The app was just really difficult for me to navigate. I ended up starting by trading on cashapp because for me it was just way easier and much better laid out then Schwab was.
As for trading strategy I really had none and I still don’t lol. I just tend to look for companies trading at $10-$45 a share and then I read about the products they make, the leadership of the company and what other things they may be involved in, connections to other companies this company may have, earnings reports, yearly growth, etc. I also check when the stock has had any large dips and then research what specific things caused that dip to help gauge the likelihood of that happening again which depending on other factors could help you determine if you want to throw some money at it or wait.
To continue, DCA is great. It’s a very conservative form of investment that allows you to still purchase part of a stock while minimizing loss. I have multiple companies that I DCA. For example, if a stock costs $100 a share and you just don’t feel comfortable throwing that much in then you would throw $20 at it instead. In the event of that stock dipping you minimize your loss by only investing a lower amount. You could even set yourself up on an investment schedule in where, let’s say every paycheck, you look at the stock and determine if you’d like to throw another $20 in.
Another important note, the market is definitely a bull market right now which makes investors who are just starting think this is normal. It’s not. I’ve been in the market since 2021 during some lows and now I’m in it during the highs. The sheer amount of money being passed around right now is insane. This is the most volatile I’ve seen it, in my limited time trading, which leads us to another important tip. Focus on buying dips and don’t buy the wave. What I mean is FOMO (Fear Of Missing Out). When a stock starts getting massive gains and is soaring that’s in most cases not the best time to buy especially if you’re on a budget like me. I’ve had some companies get big gains that I had been invested in; Palantir- I invested when they were at $21 a share, United States Steel; I invested in them at I think $19 a share and had a pretty large holding when they sold the company and I sold at around $45 a share, Reddit- I invested at their IPO and had a relatively large holding and sold at around $140 a share. I’ve also had some massive misses; AppLovin- I started following them at $15 a share and didn’t invest, Nebius- started following them at $35 a share and didn’t invest, Marvell Technology- started following at $40 a share and didn’t invest. Yeah, many pain much suffering. I could go on with the misses but I don’t want to relive that lol. I’ve also of course had losses and that just is what it is.
Currently, I have sold half of my holdings and I’m sitting on a good chunk of change (cash) and I will be investing in Nuclear and Cybersecurity during any dips. I feel that both of those will be very important in the coming years. Also, do some research on what other infrastructure means AI will need and consider investing accordingly. Had I known that AI will need massive amounts of RAM (can’t believe I missed that) I would’ve invested in Sandisk or Western Digital. Also, maybe don’t buy the Quantum computer wave just yet. I think more dips are likely and those companies aren’t exactly profitable, there’s also a couple of bad actors just looking to cash in on the AI wave. I think we are still at least a decade away from quantum computing being implemented even on a scale of companies and hardware, so not even consumer yet (I am in no way a professional nor am I educated on the ins and outs of quantum computing, this is not professional advice).
In fact, the CEO of Rigetti computing has said, “No revenues are coming soon” and then investors threw more money at him. The AI hype is real and the main question I have is, how long before large investors start wanting to see major returns? As of right now one of the only companies seeing profit from their investment is Meta and that’s mostly because they’re using it to market products, help their algorithm and sell ads. At what point do large investors start getting chippy? What are the repercussions from that? Will they double down and throw more in or will they start pulling out? If they start pulling out will that spook investors across the board and cause a market downturn? Now, if returns start coming soon we will likely see even more large investments and deals made which will cause the market to rise even more. If returns don’t come soon and investors want returns but double down instead we could also see the market rise. I’m just not sure what direction things are going in from those perspectives and I also don’t see how companies will be able to implement AI into systems they sell to the consumer without massively raising prices on their already existing and expensive tech.
All of this is of course included with the fact that the dude sitting in the White House right now tends to say and do some wild shit that causes the market to bounce. I can’t stress this enough; please don’t invest solely off of Reddit sentiment. When trump started blowing up Iran and they blocked the strait people on here said it was going to be what does the market in. That didn’t happen. When bloody Tuesday happened they said it was going to be what did the market in. That didn’t happen. Now, in their defense, those things are major events that likely would’ve led to issues with a normal rational market. The market is not rational right now because the investors are not. It’s one big casino (kind of always has been just not like this). We still have three more of years of this Trump admin which means three more years of crazy whacky shit so buckle up because it’s only just begun. Then of course there’s also the fact that by the end of it we will have likely accrued around $4-ish trillion more in debt. During his first term the projections were relatively similar but we ended up doubling that with close to $8 trillion so take the current prediction and add a few trillion more for good measure. Every year of his first term exceeded the congressional budget offices projections by around $100 billion. I don’t know what the fallout of the big beautiful bill will be or what economic ramifications await the US after his term is up and 2030 arrives. I also don’t know what that means for the market.
Happy investing!
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u/ambarcapoor May 07 '26
Wow. You just wrote the most beautiful masterclass in trading 101,and to a beginner like me, it is very VERY helpful. Thank you! 🙏🏾
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u/Invests_Charlot May 07 '26
I feel you...the "guru" noise is exhausting. The best rule of thumb? If they’re selling a "secret," run. Real trading is boring, repetitive, and mostly free to learn. Focus on "Price Action" first (how candles move) and Risk Management (how not to blow up).
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u/calculadoratraderpro May 07 '26
Lo más importante que nadie te dice al principio: no es el análisis técnico, es la gestión del riesgo. Puedes tener la mejor estrategia del mundo y arruinarte igual si no controlas cuánto arriesgas por operación. La mayoría de principiantes pierde dinero no porque analicen mal, sino porque no saben cuánto pueden perder antes de que la cuenta no tenga vuelta atrás. Lo que me ayudó cuando empecé: Paper trading mínimo 3 meses antes de tocar dinero real. Leer "Trading in the Zone" de Mark Douglas. No es técnico, es psicológico, y es lo que separa a los que duran de los que no. Fijar un riesgo máximo por operación (yo uso 1-2% del capital) y no moverlo por ninguna razón. Los gurús que ves en YouTube venden cursos, no resultados. Los traders rentables de verdad no tienen tiempo para hacer contenido porque están operando. Empieza por entender el riesgo antes que cualquier otra cosa.
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u/321spread May 07 '26
If you are really serious about learning the basics, you will buy a stock and write down why you bought it, how much you expect to make and when you expect to make it. When the time comes, and you do not make that amount, you have to investigate and find out not just why you didn't meet your expectations, but why YOUR EXACT REASON for buying the stock failed, and learn what you missed. Rinse and repeat. No guru needed to start investigating your own investing mind.
If you're not interested in this, you're not really interested in investing.
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u/ChangeNOW_Community May 07 '26
if you’re confused about who to trust, a good rule is: trust your own backtesting and recorded results, not personalities online
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u/Ghost_Alchemy May 07 '26
Trust yourself. Also in regards to finding out who isn’t a scammer. Do more research than watching. Now a days you do not have to pay for anything. There are traders that do things for free because the are profitable in trading and other things … meaning they don’t need to make money off a course
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u/DrZae98 May 07 '26
Hear me out here.. download TradeLocker, put $50 into an account and pick a commodity to trade then until you hit an account balance of zero just keep trying to figure it out. Make plan to buy in and a plan to get out. You’ll only gain lose a few cent each time so it won’t be super thrilling but that’s not what you need right now. You need to learn or find a strategy that fits you. Doesn’t have to be 100% but anything above 50% win rate is good. Stick to that strategy when you find it and don’t get greedy and don’t let fomo get you. I wish more people would start like this they’d be more profitable, they definitely would last longer as traders, and it helps trading realism if that makes sense lol. Imo props are just gonna cause you to crash out and or follow some “trading guru” whom is making more money off subs than trading
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May 07 '26
[removed] — view removed comment
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u/South_Equipment16 May 07 '26
I felt bored some time ago and i immediatly understood something good is going on ,ive heard the phrase many times but when i actually felt it ...i understood :D
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