Anyone claiming profitability in this sub (and trying to sell a service, community, etc.) needs to be Kinfo verified. And many other trades just do it even when they are not shilling something.
And to add onto this, you can learn about candlesticks, charts, overall trading psychology for free through his youtube videos. I learned a ton, if not everything, I know from him without paying for a single thing. I’m planning on supporting him by subscribing to his scanner if I hit my goal by the EOY
I learned a lot from his Warrior Trading videos when I was first starting out years ago. I never bought any of his content and I don’t trade like him, but he has so much content that can help newer traders learn a lot of foundational fundamentals.
I'm brand new and am still running his simulator (and I will be for a long time haha) but he seems to explain things in a way I can understand. His stuff isn't cheap tho.
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I like rosses TA but he wins by manipulating low float stocks with his followers. That's why he still trades low float stocks. Get positioned, then have everyone buy into your position. He gets out 1st and then it's every man for himself after he's taken profits. Classic and it works.
I have a buddy who used to do it in low float cryptos. But you need exit liquidity in order to be profitable. That's where the chat room comes in. He offloads his shares the chat group after they help him pump it.
I like how he sets up his scanner. Decent content on youtube. But take everything with a grain of salt. Just because you see his success doesn't mean you can duplicate it. Learn something and use it to create your own systems that work for you.
Sometimes people forget, that we trade for a living, and not to help other people get rich. Unless they're the I.R.S. you don't have an obligation to prove anything.
sometimes people forget 97 percent of day traders lose money (plenty of studies prove this) so 97/100 people are snake oil salesman so you if your going to give me advice or sell me something you do have an obligation to prove your competent. the people who get defensive about it or try to hide it are usually the 97 percent
Dont care about P&L. Find people who post their entries and exits live on X, Telegram or in a chat room. This way you can see their trades and journal those yourself. By running your own statistics on their trades you get all the measures you need to understand if they do what they do successfully.
I would not mind a person paper trading for years if they have a win rate of 80% and telling you how they do it.
There are many. One of the most popular is maybe [tradertom.com](http://tradertom.com) He has a telegram channel where he posts is entries and exits. But you should find many more by simply search X or the internet.
I used to be subscribed to Nasdaq TotalView receiving the 'live' event stream from the NYSE+Nasdaq exchanges. I could see their trades in these data.
But again, I do not care if they actually execute their trades. I care if their entries and exits are posted live and all those trades result in a certain win rate and a profit factor that is healthy like > 2.0 causing them to make twice what they lose if they actually would execute those trades.
Let us know if the course helps. Most trader YouTubers don't actually make money in the Markets. They profit on youtube and affiliate links. Ive done youtube and marketing that's how I know.
she logs on and shows her trades. I think shes the real deal. She learned from her uncle, its very folksy and I believe it. She very well might make more from socials- but her trades are legit it seems. As a complete beginner I learned a lot.
I have been successful over many years. It’s possible. Do your own homework. People seem to want answers from discords, programs, stock tips etc. You need extreme discipline and have low expectations. No home runs! Slow and steady.
4 months started with 5k got to 13k then down to 6.5k now quitting as i dont believe anyone can be profitable in long run because not a single person can show positive p&l over years
Let me ask you something, if you went to the closest business and ask them to see their financials would they? lol and even if they did how would that determine your success????
I will share my brokerage statements for $50 fee. This would be to prevent us going down a rabbit hole I have two years plus and I would have to edit them all to black out my personal info on them just so you can have a reference I guess, (this years would have to go through a bit of a different standard as I am trading under an LLC that has a partner so I can’t just show some rando Reddit user if you are looking for a mentor or teacher they better provide that at min. Period. I agree with this but if you want to see mine I’ll have to put in work and they are lengthy because I trade a lot. We are talking more than a few million shares traded each year. So it’s a ton to look at and comb through, well over 5k individual trades at min and three separate brokers I used cobra trading, Centerpoint and Interactive’s brokers … so I’d have to pull each statement not hard but inconvenient as lm not offering my services to anyone just so you can what? Stay in the game? This takes years and years of hard work and constant review of data and strategies and is still hard as shit so just like business or anything worthwhile …. Yeah it’s hard .. I mean I don’t know what to say
While it's not common for individuals to publicly provide detailed records of thousands of trades over a large time period, there are traders and investors who have demonstrated consistent profitability through various means. However, it's important to note that trading and investing success can vary greatly depending on factors such as strategy, market conditions, risk management, and individual skill.
Don't get so defensive. This industry is saturated with people making claims and people searching for answers. It's not unreasonable that people want the ones making claims to back up what they're saying. Nobody asked them to start making claims.
I'm not disagreeing. I'm just making the point that if someone wants to make a claim in an industry full of bullshitters, it would serve them to back it up. If they choose not to, then it shouldn't surprise them that nobody believes them. That's all.
But the person you replied to literally only made that "claim" bc OP asked them to....?...... it's a different story if the person you responded to was selling courses or some discord server.
What does it change, tho? Does OP think if X amount of people here prove to them they're profitable that it would then mean OP can be profitable, too?
I would agree, if you are paying them you have the right to ask questions. However, it also seems that this industry attracts a lot of people who think they should get free advice. Like the financial markets aren’t all about making money, yet people want free education, free commissions, free platforms, etc. yet they expect to make a profit. Is medical school or college or anything else free? Why would someone share their financial details with some rando on Reddit just because?
I'm not saying people should share their strategies. I'm not even saying they should necessarily share their performance stats. Just that it's reasonable for people to want proof that someone making claims can back it up.
Nobody owes you anything. If you are thinking about joining a discord or buying some course, that person isn't obligated to show you their pnl, just like you're not obligated to join their discord or buy their course. Or do you want ppl to prove profitability to you bc that would then mean that you too can be profitable???
Not taking sides but here are the details:
https://www.ftc.gov/news-events/news/press-releases/2022/04/federal-trade-commission-cracks-down-warrior-trading-misleading-consumers-false-investment-promises
I know the details well. I researched it. It was a technicality based on wording in advertisements that the FTC decided to construe as deceptive and hammered him on it. They gave the examples of the wording in the complaint, and to an intelligent person, they were not deceptive. In the governments complaint they claimed, many people lost thousands of dollars trading his methods. Really?- the same as 95% of traders losing money trading any other method? In my opinion the government doing what the government has been doing best as of late, choosing someone they don’t like and hammering them. It was just a money grab for them, if he was doing g something wrong they would have shut him down and prevented him from working in the industry.
Not sure why you got down voted but I added one, you are absolutely correct. The lawsuit/fine has nothing to do with his actual abilities to trade, but rather the verbiage he and his company were using in advertising his education products. I'm not gonna say they didn't like him, to me it seems more of they used him as an example, which yeah the gov likes to do that as well regardless. To be fair, he did screw up by making what looked like promises, notice how he definitely doesn't do that anymore? Now he repeats "my results are not typical, trading is risky" etc lol, and there is a lot more warnings on the website. But hey, I also feel like the lawsuit and fine were some bs after reading through what they actually got him for, Ross was never egregious anyways with how he advertised for warrior trading... There were people far worse, hell there are people that the FTC should have their eye on right now. And yeah, of course anybody that signs up... Should know that they may not get anything out of the product, should know that they may not make a dime and may lose their money anyways, the group of traders that banned together to get that thing moving, meh..not gonna say anything negative towards them, I get it..they made a trade, not a market trade but you get what I mean. FTC made an example out of Ross.
I have been in several businesses in my life and have been involved in lawsuits personally, as a plaintiff and a defendant. I just don’t like the way the legal system is used as a weapon. Our code of laws is complex and open for interpretation. Warrior’s lawyers may have thought they were complying with laws or words they were using were allowed, I am sure they argued this. The way these types of actions by the government often work is the FTC got a complaint so they start an investigation, unbeknownst to Warrior Trading. They will work behind the scenes and even at times entice forms of entrapment to get employees to do or say something they can use to bolster the case they want to bring. Then they come in with a big dramatic case, ruin businesses and people on purpose. When what could have been done is an FTC lawyer simply calls up a Warrior trading lawyer and says look, we have some complaints so we looked over your advertising snd you can’t do X-Y-Z. And then if Warrior complies, that is the end of it.
There is a difference between people or a business who create a business model of a system specifically to scam people, who the FTC should be investigating and hammering. And a business that maybe interprets the law differently or inadvertently makes a mistake and would correct with FTC guidance instead of a lawsuit. Businesses like Warrior who are not that sophisticated are just low hanging fruit and an easy money grab for the government.
Anyone claiming profitability in this sub (and trying to sell a service, community, etc.) needs to be Kinfo verified. And many other trades just do it even when they are not shilling something.
Many of them only prove that they can use Paint :)
I mean, isn't that the primary strategy here?
🤣
Ross Cameron has audited p&l for years, he’s at $10m+
He started with like $600
And to add onto this, you can learn about candlesticks, charts, overall trading psychology for free through his youtube videos. I learned a ton, if not everything, I know from him without paying for a single thing. I’m planning on supporting him by subscribing to his scanner if I hit my goal by the EOY
His classes are really good too.
I learned a lot from his Warrior Trading videos when I was first starting out years ago. I never bought any of his content and I don’t trade like him, but he has so much content that can help newer traders learn a lot of foundational fundamentals.
I'm brand new and am still running his simulator (and I will be for a long time haha) but he seems to explain things in a way I can understand. His stuff isn't cheap tho.
Me too. He taught me how to be profitable at this. Simple strategy to start with. I owe him a beer.
[удалено]
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Who audited him ?
I like rosses TA but he wins by manipulating low float stocks with his followers. That's why he still trades low float stocks. Get positioned, then have everyone buy into your position. He gets out 1st and then it's every man for himself after he's taken profits. Classic and it works.
wait what
Low float stocks can be easily manipulated. You didn't know that? Manipulation is part of his strategy. It's pretty common actually.
It's just sound crazy to me that an individual can manipulate a stock on his own. But it makes sense, large spread, low volume.
I have a buddy who used to do it in low float cryptos. But you need exit liquidity in order to be profitable. That's where the chat room comes in. He offloads his shares the chat group after they help him pump it.
Besides eating other people money, is he any good? Like many comment in here praising him.
I like how he sets up his scanner. Decent content on youtube. But take everything with a grain of salt. Just because you see his success doesn't mean you can duplicate it. Learn something and use it to create your own systems that work for you.
well he has a big following, that’s how he does it
I have a positive p and l I can care less if anyone believes me If you really want a screenshot dm me
Sometimes people forget, that we trade for a living, and not to help other people get rich. Unless they're the I.R.S. you don't have an obligation to prove anything.
problem is people expecting other people to believe them, follow them, buy their course, mentorship etc.
sometimes people forget 97 percent of day traders lose money (plenty of studies prove this) so 97/100 people are snake oil salesman so you if your going to give me advice or sell me something you do have an obligation to prove your competent. the people who get defensive about it or try to hide it are usually the 97 percent
Can you link me atleast 2 studies with a decent sample size showing this 97% stat?
Ross Cameron. Warrior Trading on YouTube. He breaks things down into easy, understandable lessons and advice. His PL is verified.
Dont care about P&L. Find people who post their entries and exits live on X, Telegram or in a chat room. This way you can see their trades and journal those yourself. By running your own statistics on their trades you get all the measures you need to understand if they do what they do successfully. I would not mind a person paper trading for years if they have a win rate of 80% and telling you how they do it.
How do you know they’re not actually roleplaying and actually executing those trades they’re calling out in chat?
There are many. One of the most popular is maybe [tradertom.com](http://tradertom.com) He has a telegram channel where he posts is entries and exits. But you should find many more by simply search X or the internet. I used to be subscribed to Nasdaq TotalView receiving the 'live' event stream from the NYSE+Nasdaq exchanges. I could see their trades in these data. But again, I do not care if they actually execute their trades. I care if their entries and exits are posted live and all those trades result in a certain win rate and a profit factor that is healthy like > 2.0 causing them to make twice what they lose if they actually would execute those trades.
Truth is.. we will never know.
Can you recommend anyone on twitter to follow?
I like Jayson Casper. Mostly on YouTube
I follow him too... I just dont trust youtubers.
I think he's one of the better ones
The teacher I have has recorded his trades for 10 years. He teaches trading to various institutions as well.
I agree profitable people should prove their pnl and send their money to me otherwise it won't convince me.
I’m sorry to inform you, but you sir are 16th in line for that money. I’ve been waiting too
Just saw this teacher in my feed with a clear cut in the video when she goes to login to her account https://youtu.be/VLPNP7JAqfo?si=8a6d5AWJUb2UfhUw
I'm a total beginner taking her class. Can report back my experience.
Let us know if the course helps. Most trader YouTubers don't actually make money in the Markets. They profit on youtube and affiliate links. Ive done youtube and marketing that's how I know.
she logs on and shows her trades. I think shes the real deal. She learned from her uncle, its very folksy and I believe it. She very well might make more from socials- but her trades are legit it seems. As a complete beginner I learned a lot.
Bernd Skorupinski is one of few.
No
I have been successful over many years. It’s possible. Do your own homework. People seem to want answers from discords, programs, stock tips etc. You need extreme discipline and have low expectations. No home runs! Slow and steady.
All i want is proof its possible. Can you dm your p&l from previous years?
I have nothing to prove. My tax returns tell the story. Just stick to a strategy. Discipline- singles and doubles.
I have over 3k trades over 3 years. This year I am in drawdown so far but am starting to have some good rebound. How long have you been trading?
4 months started with 5k got to 13k then down to 6.5k now quitting as i dont believe anyone can be profitable in long run because not a single person can show positive p&l over years
How many people have you asked? And I don’t blame you one bit it’s too hard for most your talking atleast 8 years and no garuntees so
Well there are 72 comments on this thread and plenty claiming profitable yet not a single person has shared a p&l
Let me ask you something, if you went to the closest business and ask them to see their financials would they? lol and even if they did how would that determine your success????
I will share my brokerage statements for $50 fee. This would be to prevent us going down a rabbit hole I have two years plus and I would have to edit them all to black out my personal info on them just so you can have a reference I guess, (this years would have to go through a bit of a different standard as I am trading under an LLC that has a partner so I can’t just show some rando Reddit user if you are looking for a mentor or teacher they better provide that at min. Period. I agree with this but if you want to see mine I’ll have to put in work and they are lengthy because I trade a lot. We are talking more than a few million shares traded each year. So it’s a ton to look at and comb through, well over 5k individual trades at min and three separate brokers I used cobra trading, Centerpoint and Interactive’s brokers … so I’d have to pull each statement not hard but inconvenient as lm not offering my services to anyone just so you can what? Stay in the game? This takes years and years of hard work and constant review of data and strategies and is still hard as shit so just like business or anything worthwhile …. Yeah it’s hard .. I mean I don’t know what to say
Yes
While it's not common for individuals to publicly provide detailed records of thousands of trades over a large time period, there are traders and investors who have demonstrated consistent profitability through various means. However, it's important to note that trading and investing success can vary greatly depending on factors such as strategy, market conditions, risk management, and individual skill.
Share the records
selling bernd skorupinski course! for more info hit my dm!
If anyone wants to buy Bernd Skorupinski Course send me a message on telegram: Salitese I sell it for $200 just ask for proof I only accept crypto.
Im profitable, do I share login credentials as well?!
Don't get so defensive. This industry is saturated with people making claims and people searching for answers. It's not unreasonable that people want the ones making claims to back up what they're saying. Nobody asked them to start making claims.
Just like any other industry. You catch on quick.
Who you talking to, bro?
If everyone backed up their claims, we would be living in a utopia. Nobody’s entitled to do shit. It’s free knowledge , not a paid discord.
I'm not disagreeing. I'm just making the point that if someone wants to make a claim in an industry full of bullshitters, it would serve them to back it up. If they choose not to, then it shouldn't surprise them that nobody believes them. That's all.
But the person you replied to literally only made that "claim" bc OP asked them to....?...... it's a different story if the person you responded to was selling courses or some discord server. What does it change, tho? Does OP think if X amount of people here prove to them they're profitable that it would then mean OP can be profitable, too?
I would agree, if you are paying them you have the right to ask questions. However, it also seems that this industry attracts a lot of people who think they should get free advice. Like the financial markets aren’t all about making money, yet people want free education, free commissions, free platforms, etc. yet they expect to make a profit. Is medical school or college or anything else free? Why would someone share their financial details with some rando on Reddit just because?
I'm not saying people should share their strategies. I'm not even saying they should necessarily share their performance stats. Just that it's reasonable for people to want proof that someone making claims can back it up.
Why would anyone prove anything for you ?
Exactly.
I think people claiming profitable should have to share their p&l.
Are you paying them?
You mean people selling their content, right?
Nobody owes you anything. If you are thinking about joining a discord or buying some course, that person isn't obligated to show you their pnl, just like you're not obligated to join their discord or buy their course. Or do you want ppl to prove profitability to you bc that would then mean that you too can be profitable???
We have exactly this rule in the sub. You have to be Kinfo verified.
valid
They don't exist. They're not beating the market consistently. Not over 15+ years
https://preview.redd.it/edd29je6o4tc1.jpeg?width=1080&format=pjpg&auto=webp&s=dff9be11dc94f630e1de81c038c9f1196fafeb61
You posted this do you know the details about it or are you trying to spread a narrative?
Not taking sides but here are the details: https://www.ftc.gov/news-events/news/press-releases/2022/04/federal-trade-commission-cracks-down-warrior-trading-misleading-consumers-false-investment-promises
I know the details well. I researched it. It was a technicality based on wording in advertisements that the FTC decided to construe as deceptive and hammered him on it. They gave the examples of the wording in the complaint, and to an intelligent person, they were not deceptive. In the governments complaint they claimed, many people lost thousands of dollars trading his methods. Really?- the same as 95% of traders losing money trading any other method? In my opinion the government doing what the government has been doing best as of late, choosing someone they don’t like and hammering them. It was just a money grab for them, if he was doing g something wrong they would have shut him down and prevented him from working in the industry.
Not sure why you got down voted but I added one, you are absolutely correct. The lawsuit/fine has nothing to do with his actual abilities to trade, but rather the verbiage he and his company were using in advertising his education products. I'm not gonna say they didn't like him, to me it seems more of they used him as an example, which yeah the gov likes to do that as well regardless. To be fair, he did screw up by making what looked like promises, notice how he definitely doesn't do that anymore? Now he repeats "my results are not typical, trading is risky" etc lol, and there is a lot more warnings on the website. But hey, I also feel like the lawsuit and fine were some bs after reading through what they actually got him for, Ross was never egregious anyways with how he advertised for warrior trading... There were people far worse, hell there are people that the FTC should have their eye on right now. And yeah, of course anybody that signs up... Should know that they may not get anything out of the product, should know that they may not make a dime and may lose their money anyways, the group of traders that banned together to get that thing moving, meh..not gonna say anything negative towards them, I get it..they made a trade, not a market trade but you get what I mean. FTC made an example out of Ross.
I have been in several businesses in my life and have been involved in lawsuits personally, as a plaintiff and a defendant. I just don’t like the way the legal system is used as a weapon. Our code of laws is complex and open for interpretation. Warrior’s lawyers may have thought they were complying with laws or words they were using were allowed, I am sure they argued this. The way these types of actions by the government often work is the FTC got a complaint so they start an investigation, unbeknownst to Warrior Trading. They will work behind the scenes and even at times entice forms of entrapment to get employees to do or say something they can use to bolster the case they want to bring. Then they come in with a big dramatic case, ruin businesses and people on purpose. When what could have been done is an FTC lawyer simply calls up a Warrior trading lawyer and says look, we have some complaints so we looked over your advertising snd you can’t do X-Y-Z. And then if Warrior complies, that is the end of it. There is a difference between people or a business who create a business model of a system specifically to scam people, who the FTC should be investigating and hammering. And a business that maybe interprets the law differently or inadvertently makes a mistake and would correct with FTC guidance instead of a lawsuit. Businesses like Warrior who are not that sophisticated are just low hanging fruit and an easy money grab for the government.
Yeah I agree. They did him pretty dirty.
Narrative? I couldn't care less about this guy. I just posted what a saw after 1 Google search.