NICE 1 Arun, some people explain to others what they have learnt in an effort to help… I coached a football side to a premiership without EVER playing a goame of football, so just because your’e not a super trader dosent mean you cant help someone along the journey … they may even help you in return to become a much better trader … QED (quod erat demonstrandum)
A barber gets paid per hair cut. How many hair cuts do you think he or she can cut per day? Its limited, right? But what if you can build a franchise like Fantastic Sam. You have thousands of people paying you. Trading is risky but selling your books, tapes or what have you isn’t as risky. If a good trader can have 100 people subscribe to him and he can charge $1000 per year. That is 100K extra in his pocket . The clients are happy because they’re making money. Its a win win situation. There other valid reasons but I just mentioned a few. Having said that one must do their due diligence.
As a matter of fact, I am recently thinking of blog-writing on “my trading mistakes”, or “disasters” if you wish. The motive for me is to analyze my loosing trades and learn from them, basically for myself, not to teach, but if anybody finds its worth reading s/he may.
If I do, I promise not to try to sell advise.
Maybe those people start with the same motive but end up being wise-ass mentor (for whom?)
One other thing I just learned that, if you post something (any kind of junk) on Youtube, and it gets hit so many times (how many?) Youtube insert ads and pays you for it. This may be another reason why people are so enthusiastic.
I concur with you. Successful trader dont always talk publicly.
Because his every advice or views on trading are precious and can be taken as a guide for creating your own strategies. That’s why I try to not follow “advices from experts” as majority of them are just views and sometimes not thorough and may cost you a good amount of pips.
this thread is interesting, anyone has update on forex and stock trading gurus?
I agree with you guys, like 95% of the gurus who are trying to sell stuff aren’t that successful and they are selling stuff because of that. I agree its not right 
But there are some gurus out there who teach top knowledge and they teach because they just want to give back to the community, like for me I feel great from teaching other people (I teach for free) how to become also successful trader because I lost money for so many years and if I can reduce this pain for some people, it makes me happy 
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are you saying you are the 5% who is successful?
want to share your knowledge here?
want to share your money here?
want to share your how much you make per month?
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Since I have been consistently profitable over the last 3 years yes I call myself a successful trader.
Nope im not here to share money or how much money I make 
Some of the private retail traders who post on strategies etc. aren’t doing so to make money, but they resent the way new traders are conned by training companies offering expensive courses. Trading is not so complicated that anyone needs to pay thousands of pounds to gain the necessary knowledge. These companies have no secrets that are worth that kind of money. Everything you need to know about trading is available for free or the price of a few good books.
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how much is your profits?
and some good mistakes and hard work yourself. no one can help you but yourself
I want to keep my earnings in private.
Maybe I start in the future a public trading account where I share every trade and profits just to show on live how I trade from day to day basis and what results I get.
I agree with you here
As you can see, we have a new lad ( @Traders_Approach ) who is purporting to be an Expert trader.
He is a member here less than a week and posts many links to his You-tube videos, which again he has been posting there for around a week.
You have asked for some evidence that he is in fact successful and he has said “I am” - that is all we know about him and his method so far.
Now I suggest that you @superguailan go for a walk for a while and calm down. Your posts are getting over the top with the insults. They will be deleted if you do not calm down, which would be a shame because you ask questions which I’m sure others have in their own minds and would like answers to.
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nice one
I shall go for a nice cold beer or two
thanks Bro
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You don’t even need to do that in reality.
If for example you were to open a new demo account and simply post your trades here close to “Real time” - as a new thread, to demonstrate that you ARE in fact making more than you lose using your method, with screenshots of that demo account as evidence, then you may find that you encounter less suspicion here.
I for one would be interested in reading and watching such an evidencial thread !
[Edit - You could even post a reference on your You-tube channel, to evidence the success of your method, which would of course allow some of your “viewers” on You tube, to see that you are truthful, and also possibly bring in new members to this site 
]
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Keep it for the future ? - Well then you can expect us to Keep our belief in your integrity “For the future” - as well !
Meanwhile, I am sure you will struggle here to gain any credibility !
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BINGO
absolutely true. this young lad has to learn to eat the humble pie before embarking into the mega financial world. When you are still drinking milk and not ready for this cruel financial world, don’t pollute those newbies. In future, be responsible when you share your videos and don’t claim CONSISTENT when you are not. be responsive for what you have commented.
I think your intentions are good mate, nobody wants to see the forum flooded with misleading claims or disguised sales promotions. But my trading results are private too, I never disclose those details. And I don’t see any invitations here to hand money over so who’s being harmed?
Its very possible to determine whether a strategy is going to be successful just by looking at its details, don’t need an account statement to work it out.
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Nobody should try to hoodwink new traders. People sometimes do this, and maybe especially when they have a new strategy that they haven’t tested fully yet, maybe because they don’t dare take the risk - so they come on a forum and recruit a whole batch of guinea pigs to test it for him.
That’s a good reason to be wary of a new member who posts up an apparently wonderful 100% win 0% lose trading strategy.
But results are not a convincing argument that a strategy is a good one. The mark of a good strategy is the level of risk, not the level of profit, and it can happen that risk is being carried but hidden by good trade results. Every fund manager and bank and many private retail traders that have gone bust could point to a profitable trading record, but they still went bust. If they hadn’t had a good trading record, maybe for years in some cases, they would never have got to where we heard of them.
An old chestnut example would be LTCM, who posted mega profits. But they had no way of posting the level of risk, it wasn’t a metric that could be gauged and published in a meaningful way. Risk is illustrated by the structure and rules of the strategy, not the profit & loss. So LTCM kept posting good results until they posted one bad one and that was the end of them and their dumb-ass strategy.
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