With so many Youtubers and channels covering trading, who do you give a thumbs up and who would you give the foxtrot oscar too? For me, a newbie day/swing trader I like:
THE GOOD
DayTraderTV.live
A great watch, I like the characters, and Iāve earnt good money following their leads. Their daily email list is great and their after hours training is easy to follow.
Benzinga
Again, another channel I watch LIVE a lot especially their pre-market prep edition every day. Thier CEO , Jason Raznick, whilst not that personable has some great stock tips in other videos. Mitch Hochās āSpac Attackā is also a great watch albeit zero production values.
Paul Briscoe
I like Paulās simplistic and easy to understand videos. As heās using the platform that also helps. A good watch and one to subscribe to.
Stock Moe
A big Tesla guy but again I like his videos and feel that I get something from them.
THE BAD AND UGLYā¦
There are too many to list. Some are clearly attention seeking headliners and others are just dreary and donāt exude confidence.
So what do you like, who do you watch and what do you get from it?
I wouldnāt rate any of them. I mean if you were actually good at trading, why would you need to advertise your trades on YouTube or elsewhere, other than to try and hype up your stock picks?
The alternative reason for having a YouTube channel, is to get followers and make a second income from ad revenue.
You would be better off reading a book on the principals of investing.
@Dougal1984 not quite true. people who try to get others to copy them or do what they do in order to create some more liquidity/price volatility perhaps. but there are plenty of people who do know how to trade and do well at it for a retail client, that run YouTube channels to educate others.
advertising what you are trading and when, without hiding your failures is a great way to build legitimacy and show your channel has integrity. All that matters is whether or not there is an audience for that sort of YouTube Channel.
As an Investing YouTuber myself, my first reason was I just wanted to encourage people to invest. I donāt know, I just get really annoyed these days and that people are using expensive platforms, or think they need a lot of money to invest, or get really confused. I just want to make everyone aware of the opportunities they have and help them as far as I can.
The next reason is because I like seeing my own progress and want to be able to look back in future. I also love making videos, always have.
Then lastly is hopefully to get a little bit of income. Iām not trying to get rich, but it would be nice to have another stream of income to support me, and luckily YouTube and Trading 212ās referral scheme allow this. So hopefully I get a little bit of cash from it.
I try not to tell people what to do with their money, itās all a personal choice and opinion, thereās no right answer.
The last thing Iām trying to do is scam people, and most other YouTubers are the same. The line of whatās acceptable though varies. But to me Iād never recommend anything I donāt use/ recommend. For example Iāve been approached by Plus500, and turned them down because I believe Trading 212s better. I could also get free shares from FreeTrade or Stake but I donāt want to sign anyone up to those two as I donāt recommend them. But some people would say thatās ok to do, and do it. I just donāt like it personally and never will do it.
personally, I really like:
Ben Felix: discusses investing in a more scientific way
The Plain bagel: basic investing concepts
Aswath Damodaran: teacher in corporate finance, valuation and investment philosophies at the Stern School of Business at New York University
But the last one might just have to long of videos/lectures
Also, well worth a watch is the old videos from UKSpreadbetting, where they interview traders.
edit-
Another one is Anton Kreil - but keep everything he says on the fence, as he is ultimately trying to push his own course or as he likes to put it āeducationā ā¦ "Here in my garageā¦" lol
Iām following UKspreadbetting now and I have to say, you have to watch a lot to get anything of actionable value, IMO.
Heās fallen into the trap of feeling he has to pump-out lots of videos to play the algo and chase viewers when in fact he would be better to concentrate on quality over quantity. Also, it means he ends up basically repeating videos.
I have only so much time so I will probably unfollow him at the end of the week, unfortunately; but thereās no doubt he knows his onions.
Time permitting, Iād say watch as many as you can even some of the not so good ones. The idea is not to blindly do what someone else says regardless of their credibility or expertise. Instead use it as an educational tool to help you form your own opinion.
One of the best ways to learn is through this community forum as well because there are plenty of people willing to help and share ideas with like minded people.
Good beginners Trading channels iād recommend are:
Zip Trader: Great tutorials, informative videos, free discord, facebook group page with trading watchlist posted daily, and also offers a cheap Trading Course if unable to learn via youtube/reading.
Ricky Gutierrez: Great tutorials, informative videos, free discord, facebook group, and also offers a cheap Trading Course if unable to learn via youtube/reading.
Warrior Trader: Great tutorials, informative videos, offers a thorough Trading Course, Live streams Trading each morning his reasons for entering trades/thought process before US Market Open (and sometimes after opening depending on Likes), and post informative profit/loss daily.
For Free Audio of Benzinga Squawk, and Trade Ideas scanner: for US Trading and includes Extended Hours.
Yes, can agree on the part that people can sign up and forget, and stay on expensive platforms. or get sold into the likes of SJP and have large entry and or exit fees.
I think it needs to start with education. Pensions and investing are a huge part of everyones lives, and yet its barely on the curriculum.
There also needs to be some sort of ācompare the investment platformsā out there as well. A form of investment platform open banking would help with that. So you can share what you hold, and it will tell you where best to hold your assets. The down side to that, is it will just level the playing field and potentially destroy competition to a point.
I do agree - some of the more educational traders may be worth listening to. I still think for the majority, people need to understand that buying individual shares represents higher risk, and thatās why many of the FIRE forums and such support index funds.
Stock moe is good , but unless you sign up to his patreon you rarely get an exclusive stock to go with by just watching his YouTube channel.
Chris sain is the real deal. I was following him for a while and he was giving out some unreal advice. If he says a stock name then I listen. A great place to learn a few tricks .
Larry Jones seems very genuine. Some good advice aswell as some great stock suggestions. I like listening to him.
A new guy I am following is called ādeadnsydeā talking about stocks that you will not hear anyone else mentioning. I only came across him a few days ago. I didnāt invest in.the first two stocks he suggested as I didnāt trust him yet. But they both ran up like 50 to 80 % the day after.
I invested in a stock today that he suggested last night , I followed the charts, bought in at the right time, and sold just as it dropped a bit, and I made over 20% on it in a couple of hours.
I am.only investing a few months with very small money. , and I use these guys for bit of a point in the right direction and trying to build up my portfolio. I am up over 33% in my first 4 months. Thanks to these 4 guys really
I would also add PensionCraft, in terms of understanding concepts. He is a big advocate of passive investing with ETFs and balancing stocks with bonds, which I do not follow, but I still think that some of his videos are quite informative, particularly if you are a beginner.
Etypsyno, if you like Ben Felix (āCommon Sense Investingā) have a look at the āThe Rationale Reminder Podcastā on Youtube, Ben also takes part in it. It is very heavily guided towards Canadian investors, but they sometimes discuss interesting topics and have insightful guests. Nonetheless, the videos are often too long (very long!).
Edit:
None of these are traders, they just provide insights into investment concepts and ideas/variations. None of them suggest stockpicking, they suggest passive ETFs as that way you ensure that you get all the āwinnersā (as well as the underperforming stocks).
Another one that I find interesting, just to see how he values companies and the numbers he gets is āCameron Stuart CFAā.
I agree with dougal, these guys are just doing it as a side hustle to make money. Iāve seen a few of them and content isnāt really helpful and people like briscoe who are just āsharing their journeyā. I believe itās a waste of time.
I like the plain bagel, unlike the ones mentioned here the only thing he does is teach general concepts about the markers like, what is market cap, what is active vs passive, whatās an ETF. Just general core market concepts to help one actually understand whatās going on (It helps that heās an actual CFA too)
Heās doesnāt try to shill an invite link or anything else either which makes the experience more wholesome.
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